A inserção do capital de risco de mercado na composição do capital mínimo requerido.

Abstract

The research sought to present the impact of the entry of market risk capital to the other risk capital that are part of the MCR (Minimum Capital Requirement). For this propose, data from a national institution were used, such as a case study. This company provided monthly data on the variables risk capital, market risk capital, credit risk capital, underwriting risk capital and operational risk capital and ANC (Adjusted Net Capital) and VC (Venture Capital). It was used the OLS (Ordinary Least Squares) method with multiple linear regression model. The main results obtained were: (I) The introduction of market risk capital had a considerable financial impact on the analyzed entity, initially showing the entity's efforts in monetary values to continue to be solvent to NSPI (National superintendence of private insurance). (II) The impact on Venture Capital for each increase of a currency unit in the market risk capital. Finally, it is observed that the creation of a capital capable of supplying losses due to variations in the financial markets is something positive, given the political and economic situation to which Brazil is inserted.