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

In the Indian general insurance solvency framework, the Required Solvency Margin (RSM) for a class of business is determined as:

The premium-based RSM1 only The claim-based RSM2 only The higher of the premium-based RSM1 and the claim-based RSM2 The lower of RSM1 and RSM2

The higher of the premium-based RSM1 and the claim-based RSM2

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