TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

MINIMUM CAPITAL TEST [1 record]

Record 1 2024-04-09

English

Subject field(s)
  • Federal Laws and Legal Documents
  • Economic Planning
  • Insurance
CONT

The MCT is a standardized measure of [the] capital adequacy of an insurer. It is one of several indicators that OSFI [Office of the Superintendent of Financial Institutions] uses to assess an insurer's financial condition and should not be used in isolation for ranking and rating insurers.

French

Domaine(s)
  • Lois et documents juridiques fédéraux
  • Planification économique
  • Assurances
CONT

Le TCM est une mesure normalisée de la suffisance du capital d'un assureur. Il ne représente qu'un des indicateurs utilisés par le BSIF [Bureau du surintendant des institutions financières] pour analyser la situation financière d'un assureur multirisque et ne doit pas être utilisé à lui seul pour évaluer et coter l'assureur.

OBS

Le test du capital minimal (TCM) détermine le niveau minimal de capital requis et non le niveau de capital optimal avec lequel un assureur se doit d'exercer ses activités.

Spanish

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