(a) be appropriate to the size, business mix and complexity of the
(b) address all material risks, financial and non-financial, to which the
Insurer is likely to be exposed;
(c) describe the relationships between the
Insurer's risk tolerance limits, its capital requirements, economic capital and the processes and methods for monitoring risk; and
(d) be supported by adequate risk management policies and procedures which explain the risks covered, the measurement approaches used, and the key assumptions made.