Comments for Twenty Third Floor

Comment on The Equity Symmetric Adjustment: Dispelling Myths and Understanding Market Dynamics by David Kirk

David Kirk — Wed, 05 Mar 2025 13:54:27 +0000

In reply to Anonymous. Thatâ€s a key clarification. I was focussed on the times when the SCR is reduced, but the adjustment can be positive or negative.

Comment on The Equity Symmetric Adjustment: Dispelling Myths and Understanding Market Dynamics by Anonymous

Anonymous — Wed, 05 Mar 2025 13:41:59 +0000

Thanks for this article.

The first sentence of the ‘Does the ESA increase or decrease risk?’ section is: “The application of the ESA results in insurers holding less capital than would be required by a strict 1-in-200 calibration.”

In the case where the ESA is positive, would the capital requirement for equity risk not be higher than would be required by a strict 1-in-200 calibration? (This is assuming that the pre-ESA equity stress is in fact a strict 1-in-200 calibration). I appreciate that the focus of this particular section is on risk (systemic and specific) during market downturns (which is made clear in the second paragraph of the section).

If this is the case (i.e. that a positive ESA would result in a higher than 1-in-200 capital requirement), I was wondering what your views on this are?

Comment on The Primary Cause of Structural Unemployment in South Africa: Poor Education Standards and Policy by Corporate Culture, Sustainability and Greed | Rolihlahla… ðŸŒ¿

Corporate Culture, Sustainability and Greed | Rolihlahla… ðŸŒ¿ — Sat, 30 Apr 2022 13:27:29 +0000

[…] to researchers, as far as unemployment is concerned, the problem that South Africa has is with structural unemployment . That is, it is not that there are not enough jobs to go around, but that in fact, there are not […]

Comment on 5 Things to Learn from Monopoly by 10 Fun Activities That Can Help You Improve Your Investment Game | American Stock News

Fri, 29 Apr 2022 07:55:05 +0000

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Comment on SA population pyramids and brain drain by Rex Tillerson shouldnâ€™t cut global AIDS funding. Hereâ€™s why. - Your Say

Rex Tillerson shouldnâ€™t cut global AIDS funding. Hereâ€™s why. - Your Say — Mon, 18 May 2020 17:20:41 +0000

[…] age pyramid was distorted as the loss of young individuals of working age left the populations with a disproportionate […]

Comment on Maybe wind-powered electricity generation still has some legs by Victoria

Victoria — Tue, 05 May 2020 22:20:16 +0000

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Comment on Causes of unemployment in South Africa by Anonymous

Anonymous — Thu, 13 Feb 2020 04:57:58 +0000

In reply to motselisi. YEAH!!!!

Comment on Why isn’t there more micro insurance in South Africa by David Kirk

David Kirk — Sat, 29 Jun 2019 11:13:09 +0000

In reply to Thebe. Thank you - let me know if there are particular topics you'd like me to cover in future.

Comment on Illusory truth by Teaching critical thinking – Twenty Third Floor

Teaching critical thinking – Twenty Third Floor — Fri, 17 May 2019 12:18:19 +0000

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Comment on Why isn’t there more micro insurance in South Africa by Thebe

Thebe — Wed, 07 Nov 2018 18:56:15 +0000

Lovely article. I am trying to come up with a Masters topic on the role of Insurance in Development Economics. Thank you for the insight.