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Section 2 Group solvency: calculation methodsF1

United Kingdom Repealed

Original text. Later amendments are not shown.

  1. 331Classification of own-fund items of related insurance and reinsurance undertakings at group level
  2. 332Classification of own-fund items of related third-country insurance or reinsurance undertakings at group level
  3. 333Classification of own-fund items of insurance holding companies, mixed financial holding companies, and subsidiary ancillary services undertakings at group level
  4. 334Classification of own-fund items of residual related undertakings
  5. 335Method 1: determination of consolidated data
  6. 336Method 1: Calculation of the consolidated group Solvency Capital Requirement
  7. 337Method 1: determination of the local currency for the purposes of the currency risk calculation
  8. 338Method 1: group-specific parameters
  9. 339Method 1: best estimate
  10. 340Method 1: Risk margin
  11. 341Combination of methods 1 and 2: minimum consolidated group Solvency Capital Requirement
  12. 342Method 2: Elimination of intra-group creation of capital in relation to the best estimate

Annotations

Textual amendments

F1

Regulation revoked (30.6.2024 for the revocation of Arts. 52-54; 31.12.2024 in so far as not already in force) by Financial Services and Markets Act 2023 (c. 29), s. 86(3), Sch. 1 Pt. 3 (with s. 1(4)); S.I. 2023/1382, reg. 5(c)(i); S.I. 2024/620, Sch. (with savings in relation to a Gibraltar group or a Gibraltar undertaking in S.I. 2024/1083, reg. 3)