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Article number: 32
When calculating the best estimate, insurance and reinsurance undertakings shall take into account all of the following:
(a) all financial guarantees and contractual options included in their insurance and reinsurance policies;
(b) all factors which may affect the likelihood that policy holders will exercise contractual options or realise the value of financial guarantees.
Metadata
RULEBOOK TOPIC: SUBSECTION 3 - Cah Flow projections for the calculation of the Best Estimate
RULEBOOK CATEGORY: DELEGATED REGULATION (EU) 2015/35
Last update on: 03 May 2021