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Showing 8671–8680 of 64163 articles for “Art. II-1°”
The "equity risk" sub-module referred to in 4° of I of Article R. 352-6 calculated in accordance with the standard formula includes a symmetrical adjustment mechanism for the standard capital requirem…
Insurance and reinsurance undertakings may, for internal modelling purposes, refer to a time horizon or use a risk measure other than those provided for in Article R. 352-2, provided that the results…
The use of a model or data from a third party does not exempt insurance and reinsurance undertakings from the requirements applicable to the internal model referred to in Articles R. 352-18 to R. 352-…
Insurance and reinsurance undertakings shall draw up documentation describing the details of the design and operation of their internal model. This documentation shall demonstrate that the undertaking…
I.-The Basic Solvency Capital Requirement is calculated as follows: 1° The "non-life underwriting risk" module reflects the risk arising from non-life insurance commitments, taking into account the pe…
I.-During the transitional period referred to in Article L. 352-4, the Solvency Capital Requirement referred to in Article L. 352-1 is calculated taking into account all the quantifiable risks to whic…
I.-Subject to the application of the provisions of articles L. 352-1, R. 352-2 and R. 352-5, the following rules apply: a) Until 31 December 2017, the standard parameters to be used to calculate the c…
The adjustment to take account of the loss-absorbing capacity of prudential technical provisions within the meaning of Article L. 351-2 and deferred taxes, referred to in Article R. 352-4, reflects th…
At least once a year, insurance and reinsurance undertakings shall examine the origins and causes of the profits and losses recorded by each of their major operating units. They shall demonstrate to t…
Insurance and reinsurance undertakings shall implement a regular model validation cycle, which includes monitoring the functioning of the internal model, checking the ongoing appropriateness of its sp…
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