EIOPA · 2234

Solvency Capital Requirement (SCR)

Name: Solvency Capital Requirement (SCR): EIOPA Q&A — EU Financial Regulatory Q&A
Creator: European Insurance and Occupational Pensions Authority
License: https://creativecommons.org/licenses/by/4.0/

Regulation: (EU) No 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII)
Article: 162
Topic: Solvency Capital Requirement (SCR)
Submitted: 2020-12-28
Answered: 2021-06-11

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Question

For most risks the SCR include geographic diversification benefits. For Concentration accidents in the Health CAT SCR, geographic spread is a disadvantage as the top exposure in every country contributes to the SCR.

Background

Unreasonably high Health CAT SCR in a global portfolio og Medical Expense Insurance.

Answer

Please note that this question has been rejected because it does not identify an issue of practical implementation.

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