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- TITLE I > CHAPTER IV > SECTION 3 > SUBSECTION 2
Article number: 82
1. As far as compliance with the Solvency Capital Requirement is concerned, the eligible amounts of Tier 2 and Tier 3 items shall be subject to all of the following quantitative limits:
(a) the eligible amount of Tier 1 items shall be at least one half of the Solvency Capital Requirement;
(b) the eligible amount of Tier 3 items shall be less than 15 % of the Solvency Capital Requirement;
(c) the sum of the eligible amounts of Tier 2 and Tier 3 items shall not exceed 50 % of the Solvency Capital Requirement.
2. As far as compliance with the Minimum Capital Requirements is concerned, the eligible amounts of Tier 2 items shall be subject to all of the following quantitative limits:
(a) the eligible amount of Tier 1 items shall be at least 80 % of the Minimum Capital Requirement;
(b) the eligible amounts of Tier 2 items shall not exceed 20 % of the Minimum Capital Requirement.
3. Within the limit referred to in point (a) of paragraph 1 and point (a) of paragraph 2, the sum of the following basic own-fund items shall make up less than 20 % of the total amount of Tier 1 items:
(a) items referred to in point (a)(iii) of Article 69;
(b) items referred to in point (a)(v) of Article 69;
(c) items referred to in point (b) of Article 69;
(d) items that are included in Tier 1 basic own funds under the transitional arrangement set out in Article 308b(9) of Directive 2009/138/EC.
Other related sources
- EIOPA answered Q&As:
- Question ID: 1017
Metadata
RULEBOOK TOPIC: SUBSECTION 2 - Quantitative limits
RULEBOOK CATEGORY: DELEGATED REGULATION (EU) 2015/35
Last update on: 15 Dec 2022