Event: International Insurance Seminar: In Pursuit of a More Resilient and Inclusive Insurance Sector Risk-Based Capital: Sri Lanka’s Experience 21 October 2013 Author / Speaker Indrani Sugathadasa View File Risk-based capital (RBC) represents an amount of capital that, based on an assessment of risks, a company should hold to protect customers against adverse developments. Having an RBC framework can be the way forward for a sustainable industry given its flexibility to adjust to changes in the financial landscape. While each country will have its own model regarding capital adequacy and there is no "one size fits all" model, it is good to share experiences and use these to improve country models. Disclaimer The views expressed on this website are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent. ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. By making any designation of or reference to a particular territory or geographic area, or by using the term “country” in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area. Download Topics Economics Finance