Operational Risk

In the source text its states:
Pa is premiums received in the past 12 months for reinsurance contracts issued arising from third party reinsurance

This is the only component that has 1.75% risk factor, but in the question (Fall 2017 Q 20), it used the wording "Assumed written premium in the last 12 months". However in the source text the only component with 1.75% is premiums received in the past 12 months for reinsurance contracts issued arising from third party reinsurance. These component seems like two different.

Please advise.

Thanks,
Philip

Comments

Sign In or Register to comment.