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European Insurance and Occupational Pensions Authority

Simplifications in the standard formula

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TITLE I > CHAPTER VI > SECTION 4

Article number:  109

Insurance and reinsurance undertakings may use a simplified calculation for a specific sub-module or risk module where the nature, scale and complexity of the risks they face justifies it and where it would be disproportionate to require all insurance and reinsurance undertakings to apply the standardised calculation.
Simplified calculations shall be calibrated in accordance with Article 101(3).

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EIOPA answered Q&As:
Question ID: 1230

Metadata

RULEBOOK TOPIC:  SECTION 4 - Solvency capital requirement

RULEBOOK CATEGORY:  DIRECTIVE 138/2009/EC (SOLVENCY II DIRECTIVE)

Last update on:  03 May 2021