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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