2016 fall #22

mandatory_coveragesmandatory_coverages
in MSA.Ratios

net UW leverage - does that not include net liabilities? does net leverage include it?

Comments

  • Staff-T1Staff-T1

    Yes Net UW leverage does not include net liabilities. Net leverage does because it is defined as (NWP + Net Liabilities)/Equity

  • mandatory_coveragesmandatory_coverages
    edited March 6

    does net UW leverage use the same <500% threshold or is it lower?

  • Staff-T1Staff-T1

    No, it would be < 300% for Net UW leverage

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