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CP195: Enhanced capital requirements and individual capital assessments for life insurers

Consultation paper 195 from the FSA discusses how capitial requirements will be determined for non-life insurers. It was issued in August 2003, and the consultation period ended on 30 November 2003. The overall effect of the proposals will be to introduce a new risk-based minimum requirement, the ECR (Enhanced Capital Requirement), and the concept of ICG (Individual Capital Guidance) which will take into account both the ECR and the systems and controls that firms have in place. CP195 is available at