Lilian

Eurocurrency Definition.

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Eurocurrency is defined as any currency other than the domestic currency of the country in which it is being traded. For example, if a company based in the United States wants to borrow Japanese Yen, the company would be borrowing what is known as a Eurocurrency. The majority of Eurocurrency transactions take place in London, … Read more

Solvency Capital Requirement (SCR) Definition.

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The Solvency Capital Requirement (SCR) is an insurance company’s capital requirement, calculated under Solvency II, that must be held in order to cover the risk of insolvency. The SCR is calculated using a risk-based approach, which takes into account the company’s exposure to different types of risk. The SCR must be met at all times, … Read more