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SAM Interpretation Series 

With just over 4 years into insurers reporting under the Solvency Assessment and Management (SAM) framework, many insurers have changed gear from implementation to capital optimisation. This naturally results in different interpretations of the Financial Soundness Standards for Insurers (FSIs) emerging. Follow our journey as we take you through this insightful series where we share various aspects of the SAM framework including concertation risk, Loss Absorbing Capacity of Deferred Taxes (LACDT) and a whole lot more.

Concentration Risk

Concentration risk refers to the risk of potential losses on investments over and above the systematic risks arising from the portfolio of investments when the portfolio of investments is not sufficiently diversified. The FSIs require that concentration risk be calculated considering the accumulation of exposures with the same counterparty, or group of related counterparties. In this article, we have specifically considered the interpretations that have emerged in concentration risk. Download for more. 

Loss Absorbing Capacity of Deferred Taxes (LACDT)

The recent change to corporate tax rates makes it an opportune time to delve deeper into the Loss Absorbing Capacity of Deferred Taxes (LACDT). Click download to learn more as we continue to share insights on our SAM Interpretation Series.

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