What Commission Delegated Regulation (EU) 2015/35 of 10 October 2014 supplementing Directive 2009/138/EC of the European Parliament and of the Council on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II) requires
This regulation provides detailed implementing rules for the Solvency II Directive, specifying the standard formula for calculating the Solvency Capital Requirement (SCR), methods for calculating the Minimum Capital Requirement (MCR), and detailed requirements for governance systems, including the 'prudent person principle' for investments (Article 132). It applies to all insurance and reinsurance undertakings operating within the European Union.
Pillar: Insurance & Risk · Authority: European Commission · Version: 1.0.0 · Last updated:
Primary source: https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A32015R0035
SHA-256 integrity: 24d015d545d13e7a8a4cd6a96e8c8f738f5b6bef9c4384dff681a466b22845c0
Primary Citations — 7 traced to source
- Commission Delegated Regulation (EU) 2015/35, Article 132 - Prudent person principle
- Commission Delegated Regulation (EU) 2015/35, Title I, Chapter VI, Section 4, Articles 103-115 - Solvency Capital Requirement standard formula
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