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. ’ 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:
Examples of Risk Margin in a sentence
We will not be liable or responsible for any failure to perform, or delay in performance of, any of Our obligations under a Contract that is caused by an Event Outside Our Control.
Risk Margin held under SII is higher than the margin in the Outstanding Claims Provisions under IFRS.
The analysis in this report seeks to apply industry best practice to establish an appropriate Risk Margin.
The Risk Margin is then the percentage difference between the cost outcome that covers 80% of possible outcomes and the cost derived from the mean inputs according to the formula in clause 6.20.7(b).
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.
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 means $4.30/MWh (set out in section 10(a)(ii) of the Terms of Settlement).
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 ofSolvency II and the relevant Solvency II Requirements