Credit risk and Insured pension scheme: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Add links.)
 
imported>Administrator
(CSV import)
 
Line 1: Line 1:
1.
A pension scheme (usually defined benefit) where the sole investment medium is an insurance policy.
 
The risk that a counterparty will not settle an obligation for full value, either when due or at any time thereafter. 
 
In exchange-for-value settlement systems, the risk is generally defined to include both replacement cost risk and principal risk.
 
 
2.
 
A weighted measure reflecting both the maximum possible amount of the credit loss (also known as the credit exposure), and the likelihood of such loss.
 


== See also ==
== See also ==
* [[Banker's payment]]
* [[Defined benefit pension scheme]]
* [[CCR]]
* [[Counterparty risk]]
* [[Covenant]]
* [[Credit default swap]]
* [[Credit derivative]]
* [[Credit exposure]]
* [[Credit risk diversification]]
* [[Capital risk]]
* [[ECL]]
* [[Event risk]]
* [[Exchange-for-value system]]
* [[MCT]]
* [[Operational risk]]
* [[Pre-settlement risk]]
* [[Price risk]]
* [[Prime bank]]
* [[Principal risk]]
* [[Putting a limit on losses]]
* [[Replacement cost risk]]
* [[Reputational risk]]
* [[Risk mitigation]]
* [[Sovereign risk]]
* [[Transaction risk]]
 
 
===Other links===
[http://www.treasurers.org/node/4351 Credit risk, Will Spinney, ACT 2008]


[[Category:Manage_risks]]

Revision as of 14:19, 23 October 2012

A pension scheme (usually defined benefit) where the sole investment medium is an insurance policy.

See also