The study reported that such a high risk pool was a "viable option," but would demand additional funding of some form, beyond premiums, in order to ensure the program's solvency.
At first he attempted to develop the latter, and to carry on the government by means of loans in such a way as to maintain public confidence in its solvency.
It was not until his report on the financial results of 1888 that Sir Evelyn Baring (afterwards Lord Cromer) was able to inform the British government that the situation was such that it would take a series of untoward events seriously to endanger the stability of Egyptian finance and the solvency of the Egyptian government.
Whilst it can never (in the absence of any great mineral wealth) develop into a wealthy country, it can at least support its own population; and it would, but for the short-sighted trade policy of Abdur Rahman, certainly have risen to a position of respectable solvency.
The same day Equitable's appointed actuary wrote to the prudential division setting out the company's solvency position.