universal target capital level

GrantMercyGrantMercy
in Odomirok.19-RBC

My question is on this battlecard

"describe arguments for & against using RBC to calculate a 'universal target capital level'"

based on the answer on the exam (2016 Fall 17 part c) it seems like the idea of a universal target capital level was referenced somewhere in the source text. However, I have not had any luck finding a reference to it.

Do you know if this was explicitly called out somewhere in an NAIC paper?

Comments

  • Staff - ACStaff - AC

    I don't find mention of "universal target capital level" in Odomirok.RBC or NAIC.Solvency, either. This may have been a hypothetical thrown out by the examiner that was expected to be answered with general knowledge about RBC provided in these texts.

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