A critical analysis of the Malaysian risk-based capital framework: A comparison between general insurance and takaful
This paper aims to critically analyse the Malaysian solvency system by comparing the existing Risk-Based Capital (RBC) framework for Conventional and Takaful against the seven specific objectives of the original US Risk-Based Capital which was introduced in 1994. In addition, the Malaysian Risk-Base...
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Faculty of Economics and Administration, University of Malaya
2016
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