Financial Sector (Collection of Data) (reporting standard) determination No. 3 of 2010 - GRS 120.0 (2010) - Determination of Capital Base
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Instruction Guide
Introduction
GRF 120.0 Determination of Capital Base collects information for the calculation of the capital base of licensed insurers for the purposes of deriving a capital adequacy measure and to gauge compliance with the Minimum Capital Requirement (MCR) in accordance with the Capital standards[2].
Prudential Standard GPS 112 Capital Adequacy: Measurement of Capital (GPS 112) specifies the methodology for the measurement of an insurer’s capital base. The range of instruments that are eligible for inclusion in the capital base of an insurer are also outlined in GPS 112.