Memory trick for common ripple effect/common management actions

edited April 2022 in CIA.FCT

Here is a funny memory trick (at least for me :p ) to remember the common ripple effect

MRS (LR) R.I.P

Mix change
Loss of Reinsurance
Forced Sale or Liquidation
Higher LR
Regulator actions
Post-event Inflation
Policyholder actions

Hint for common management actions.
MR U/W Raise Asset

review Mix (in geography, limit)
review Reinsurance
tighten U/W
Raise rates
sale Asset

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