Return on risk-adjusted capital (RORAC)
- nicholasyeo8
- Aug 11, 2020
- 1 min read
Return on risk-adjusted capital (RORAC) is a target return on equity (ROE) measure in which the denominator is adjusted depending on the risk associated with the instrument or project. [Source: Casualty Actuarial Society (CAS) Overview of Enterprise Risk Management]
To find out more about risk management, click here
Comments