Risk Margin definition

Risk Margin means any positive amount added to the Central Estimate in order to achieve a liability estimate for General Insurance Claims appropriate for the purpose of the valuation.
Risk Margin means the amount that must be added to estimated liabilities to achieve a specified confidence level.
Risk Margin means an amount included in a prudent estimate assumption that is intended to provide for estimation error and adverse deviation related to a corresponding anticipated experience assumption.

Examples of Risk Margin in a sentence

  • A Risk Margin is then applied to reflect the premium that would be required by a third party assuming the business at the valuation date.

  • The term "Portfolio Risk Margin" means the Permitted Cover required to be provided by Clearing Members to the Clearing House related to the size and risk of a Clearing Member’s Open Contract Positions in relation to CDS Contracts, as determined pursuant to Rule 503(f)(i).

  • For the purpose of calculating the gross limit of a SEOCH Participant, since positions in the House, Market Maker, Individual Client and Client Offset Claim Accounts are margined on a net basis, the respective resultant Risk Margin and Mark-to-Market Margin of these accounts will be used in calculating the gross limit of the SEOCH Participant.

  • The Risk Margin is designed to ensure that the value of technical provisions is equivalent to the amount that a third undertaking would be expected to require in order to take over and meet the Company’s insurance obligations.

  • The Mark-to-Market Margin, Risk Margin and Total Margin Requirement of the SEOCH Participant will be measured in Hong Kong dollars or its non-Hong Kong dollar currency equivalent based on the exchange rate determined by SEOCH for each type of Settlement Currency.


More Definitions of Risk Margin

Risk Margin means (a) (i) net premium written in connection with the Group Health Business during the applicable Relevant Period minus (ii) net claims incurred (including incurred but not reported claims, but excluding prior period reserve adjustments) in connection with the Group Health Business during the applicable Relevant Period times (b) the Risk Adjustment Factor. In determining the components of Risk Margin, accounting methodologies applied by Seller and its Affiliates in the preparation of the Unaudited Financial Statements shall be used on a consistent basis.
Risk Margin. ’ for an account means the level of maintenance margin or performance bond that the futures commission merchant is required to collect under the rules of an exchange, or the rules of a clearing organization if the level of margin to be collected is not determined by the rules of an exchange, from the owner of a customer account or noncustomer account, subject to the following:
Risk Margin. ’ for an account means the level of maintenance margin or performance bond that the exchange on which a position or portfolio of futures contracts and/or options on futures contracts is traded requires its members to collect from the owner of the account, subject to the following:
Risk Margin means +4.50 per cent. per annum; provided, however:
Risk Margin means the portion of the electric energy price to cover risks to which the owner of an electric distribution system is directly exposed in providing electricity services under an RRT;
Risk Margin means the risk margin calculated in accordance with article 77 of
Risk Margin means the risk margin calculated in accordance with article 77 ofSolvency II and the relevant Solvency II Requirements