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European Insurance and Occupational Pensions Authority

2294

Q&A

Question ID: 2294

Regulation Reference: (EU) No 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII)

Topic: Solvency Capital Requirement (SCR)

Article: 160(2)

Status: Final

Date of submission: 17 May 2021

Question

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

EIOPA 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.