Regulatory Alerts2016-01-08 | DOF 5422354Added · Updated
Circular Modificatory 22/15 of the Single Insurance and Surety Document (Continuation from the Second Section)
This document establishes the technical models and bases for calculating the loss variables for short-term and long-term life insurance, as well as for property, casualty, and reinsurance risks, to determine the Risk-Based Capital (RCS) under the General Formula. It defines specific reference instruments, including interest rate curves, exchange rates, and financial indices, and mandates the use of detailed classification criteria for policyholder data. Additionally, it sets risk weightings and counterparty groups for determining risk exposure in operations involving various financial institutions, government entities, and corporate borrowers.