EIOPA · 2294

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: 160
Topic: Solvency Capital Requirement (SCR)
Submitted: 2021-05-17
Answered: 2021-07-13

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Question

Please confirm if there is any Catastrophe charge for Non Proportional Health business in the Standard Formula?

Answer

Article 160(2) of the Commission Delegated Regulation (EU) 2015/35 sets out that all health insurance and reinsurance obligations shall be taken into account when calculating the capital requirement for the health catastrophe risk sub-module.

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