The regulator refreshed an outline document on the solvency framework used to assess insurers on an economic value basis, pointing readers to updated details on its website.
Japan's Financial Services Agency updated its overview materials on "economic value-based solvency regulation," a framework for measuring insurers' financial soundness using market-based valuations rather than only accounting figures. The agency said the revised outline document was published today and directed readers to further details on its website under "economic value-based solvency regulation, etc."