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In which cases are material basis risks or other risks reflected in the calculation of the Solvency Capital Requirements (SCR) according to the Standard Formula (SF)?

With regards to the the Commission Delegated Regulation EU/2015/35 of October 2014 (Solvency ii). I have a question with regards to the treatment of financial guarantees as a risk mitigating technique.Could you please help me in understanding the treatment of risk for the following example:1. An...

How the policies for which an increase in mortality rates (and analogically this applies to other life underwriting risk sub-modules) leads to an increase in technical provisions without the risk margin are chosen? Should ASSUMPTION from article 83(1)(c) (scenario does not change the value of...

As per regulation 'Type 1 exposures shall consist of exposures'1) Cash at bank and in hand. Meaning all items with CIC CODE 71?2) Deposits with ceding undertakings. Meaning all items with CIC CODE 72?3) Shall the look-through assets with CIC codes 71 & 72, be inlcuded in the Counterparty default...

We are about to invest in a mutual fund which invest on life insurance policies. This fund make its yield from buying policies from third parties in the US at a discount and they get the right from the policy holder to recieve the payment in the future.

I have a simple and quick question. It is more a "language issue".Par 4, Article 182 suggest calculating weighted average CQS as a "rounded-up average". I was wondering what does "rounded-up" means. I will show my understanding on example:roundup of 3.2 = 4roundup of 3.7 = 4roundup of 3 = 3roundup...

Would you be so kind and provide me with advice on the following:Are REINSURANCE RECEIVABLES type 1 or type 2 exposures for the purposes of the calculation of capital requirement for counterparty default risk?My understanding is that reinsurance receivables are Type 1 and LGD is calculated...

The Article 192, paragraph 3, indicates the LGD formula to be applied per derivative. Let's assume that the undertaking has three contracts (=positions) with the same counterparty. Two positions share the same derivative (= same issue or same security or same ISIN code) and the third one on...

Could you please confirm if the market and counterparty risk are mutually exclusive? For example a cash account in GBP for a company reporting in euros , should be considered in the counterparty risk module as a type I exposure for its countervalue in euros and additionally in the currency risk...