EIOPA · 2449

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 2009/138 - Solvency II Directive (Insurance and Reinsurance)
Article: N/A
Topic: Solvency Capital Requirement (SCR)
Submitted: 2022-06-15
Answered: 2022-10-26

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Question

clarify the treatment of a credit linked note (CLN) in the computation of the SCR requeriment. in which cases it is evaluated as a derivative instrument under article 179 of delegated acts?

Background

Q&A EIOPA QUESTION ID: 1138 EIOPA ARTICLE 179 DELEGATED ACT

Answer

This question has been rejected because the matter it refers to has been answered in Q&A 1138: “As credit linked notes can have widely different features the treatment no general answer is possible and the treatment has to be determined on a case by case basis.”

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