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ESG |
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Considerations for the risk model include using a robust economic scenario generator, modeling assets and liabilities in the same model at the same time and reflecting management decisions. To simulate these risks, Ace uses Global CAP:Link, an economic scenario generator recently offered for lease by Tillinghast-Towers Perrin, New York. Of particular interest will be key sensitivities of the model, credit taken for management actions, and changes that are made to the model over time (including changes to the parameterisation of the economic scenario generator ('ESG'), where employed). |
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