There have been rumours that the FSA is planning to relax the resilience test further.
The Financial Services Authority FSAA) provided some breathing space on June 28th by relaxing the resilience test used to determine the capacity of life insurers' investment portfolios to absorb losses.
The FSA can relax the statutory solvency requirement for insurers the "resilience test" which is intended to ensure that insurers have enough assets to cover their liabilities if it is worried about the markets.
The resilience test has already been relaxed three times in the past year, and there is room to relax it further.It is managers and investors, not the government, who should learn from the insurers' troubles.
In order to avoid forcing an even larger sell-off than has anyway happened, it has relaxed its so-called "resilience" test, which is intended to guarantee that insurers have enough assets to cover their liabilities, three times over the past 18 months.
In our opinion, the authors' reliance on such determinants to assess the psychometric quality of the instruments which is represented by the use of Cronbach's alpha to assess the internal consistency and even the complete reliability of resilience tests—is a limitation of the study.
The Islanders had their resilience tested in Sunday's roller-coaster game in which they took a quick 2-0 lead only for it to dissolve into a 3-2 deficit by the first intermission.
"Hazard Resilience Testing and Analyses of 4- to 16 in.- Diameter US Pipe Ductile Iron TR-XTREME, Pipe Joints".
Willis, K. J., Bailey, R. M., Bhagwat, S. A. & Birks, H. J. B. Biodiversity baselines, thresholds and resilience: testing predictions and assumptions using palaeoecological data.
All policy decisions should be subjected to resilience tests, Kemp argued, even though they may seem far removed from questions over infrastructure and resilience.
