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Internal models a reinsurance perspective

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      <subfield code="a">RAB members are involved in a dialogue with supervisors to demonstrate the rigorous design, appropriate calibrations and robust governance underpinning their models. This publication is intended to support those discussions. It addresses the supervisory criticisms that have been levelled against internal models and explains why, for reinsurers, internal models remain the most accurate measure of risk, the best driver of good risk management and the most appropriate basis to compare risks between companies. This publication may also be useful for companies considering whether to develop a full or partial internal model.</subfield>
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