What does Cooke Ratio mean? Read on to discover the definition & meaning of the term Cooke Ratio - to help you better understand the language used in insurance policies.
Named for Peter Cooke of the Bank of England: the ratio of commitments (assets weighed by the risk of default) to total assets. Also known as the solvency ratio, Basel ratio, and capital ratio, it was first established by the Basel Commission in its 1988 accord.
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