adequacy


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adequacy

[′ad·ə·kwə·sē]
(electricity)
The existence of sufficient facilities within an electric power system to satisfy the customer load requirement under static system conditions.
References in periodicals archive ?
Responses to this consultation paper and the results of the QIS1 exercise will be used as input to further consideration of the proposed valuation and capital adequacy regime.
GN-4 aims to provide a methodology to estimate the value of "alpha" to be used in the supervisory discretion formula in calculating capital adequacy ratio of IIFS and demonstrate how to measure the displaced commercial risk that is the additional risk that IIFS shareholders may assume in order to cushion the returns payable to investment account holders against variations in asset returns.
The report contains several recommendations to ensure the continued stability of Alberta's market from a resource adequacy perspective, including: (1) monitor physical resource adequacy metrics; (2) monitor the market's ability to attract needed investments; (3) evaluate whether the province's regulated rate option results in inefficiently low levels of forward contracting; (4) avoid policies that could create large simultaneous generation retirements; and (5) increase the price cap, reduce the price floor, and introduce more gradual scarcity pricing during operating reserve depletion events.
FSC said that there are eight financial regulations relevant to capital adequacy ratio and only one regarding capital reduction that demands banks to raise capital adequacy ratio to 12.
The adequacy campaign, a national movement committed to litigating in state courts, conceives of itself as stepping into this breach.
risk-based capital adequacy regulations relating to the Framework, the Agencies are assessing possible changes to capital regulations for U.
Best's view that capital adequacy is generally sufficiently robust to manage these challenges.
Despite reporting $658 million in after-tax catastrophe losses related to hurricanes Katrina and Rita and $132 million of after-tax incurred losses related to the completion of its biennial ground-up asbestos reserve study, Liberty Mutual's capital adequacy as measured by Best's Capital Adequacy Ratio was well in excess of its indicated rating.
Equitas--Uncertainty as to the adequacy of Equitas' reserves continues to be a long term factor in the Lloyd's rating.
Best's capital adequacy formula contains an adjustment for covariance, reflecting the statistical independence of the individual components.
The Company has a conservative reserving philosophy and is dedicated to maintaining a consistent level of reserve adequacy.
CAP was developed as a result of analysis conducted by Guy Carpenter that suggests that regulatory systems and capital adequacy models around the world are converging and that existing capital adequacy models might be a reasonable predictor of Solvency II requirements.