IFoA SA3 Practice Questions - IFoA SA3 General Insurance Specialist Advanced Exam

In the Lloyd's market, what does the abbreviation 'ECA' (Economic Capital Assessment) most directly drive?

The syndicate's reinsurance purchasing strategy The members' capital requirement, after Lloyd's uplift to the SCR The syndicate's reserving basis for technical provisions The premium rates charged on individual risks

Correct Answer:

The members' capital requirement, after Lloyd's uplift to the SCR

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