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- TITLE I > CHAPTER 9 > SECTION 1
Article number: 263
Where alternative valuation methods in accordance with Article 10(5) are used, insurance and reinsurance undertakings shall:
(a) identify the assets and liabilities to which that valuation approach applies;
(b) justify the use of that valuation approach for the assets and liabilities referred to in point (a);
(c) document the assumptions underlying that valuation approach;
(d) assess the valuation uncertainty of the assets and liabilities referred to in point (a);
(e) regularly compare the adequacy of the valuation of the assets and liabilities referred to in point (a) against experience.
Metadata
RULEBOOK TOPIC: SECTION 1 - Elements of the system of governance
RULEBOOK CATEGORY: DELEGATED REGULATION (EU) 2015/35
Last update on: 12 Apr 2024