If you are requested to write this assignment in no less than 3,000 words, this is actually a luxury rather than a pain in the ass! I remembered when doing my assignments for my MBA two years ago, the university insisted that we cannot write with more than 1,500 words! Wow! I thought this...
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We have just received some speculative notes from some sources concerning Bank Negara Malaysia (BNM) latest decision on Lofsa registered reinsurers. Where reinsurers are rated by more than one rating agency, the risk charge (RBC framework) would be based on the lowest available rating. For example, BEST Re has rating from both S&P and AM Best with rating of BBB+ and...
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