Memory trick for common ripple effect/common management actions
Here is a funny memory trick (at least for me ) 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
Comments
Thx! I've linked to your post from this section of the wiki: