What EU Solvency II Directive 2009/138/EC - Pillar 1: Solvency Capital Requirement (SCR) and Minimum Capital Requirement (MCR) requires
EU Solvency II Directive 2009/138/EC (as amended by Omnibus II Directive 2014/51/EU and the 2023 Solvency II Review Directive 2025/2) establishes a risk-based Pillar 1 framework for insurance and reinsurance undertakings: the Solvency Capital Requirement (SCR) calibrated to a 99.5% Value-at-Risk over a one-year period, and the Minimum Capital Requirement (MCR) as the absolute floor (25-45% of SCR with hard EUR minimums). The Standard Formula SCR aggregates six risk modules: market risk, counterparty default risk, life underwriting risk, non-life underwriting risk, health underwriting risk, and operational risk. Insurers may apply for Supervisory Authority approval to use an Internal Model for SCR calculation. The 2023 Review introduces a new long-term equity asset class, a revised extrapolation methodology for risk-free rate curves, and proportionality measures for small and low-risk undertakings.
Pillar: Insurance & Risk · Authority: European Insurance and Occupational Pensions Authority (EIOPA) and European Commission (DG FISMA) · Version: 2.0.0 · Last updated:
Primary source: https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32009L0138
SHA-256 integrity: c9f67fd3462d34beb6ce24d2419f172176952cff07cae4b046cd204e77f193d0
Primary Citations — 8 traced to source
- {"source":"EU Solvency II Directive 2009/138/EC - Articles 100-127: Standard Formula and Internal Model SCR Calculation","url":"https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32009L0138","type":"primary_legislation"}
- {"source":"EU Solvency II Directive 2009/138/EC - Articles 129-134: Minimum Capital Requirement (MCR)","url":"https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32009L0138","type":"primary_legislation"}
+ 6 more citations (full bibliography, deterministic workflow, actionable schema and crosswalks) included in the vault unlock — $0.01 via Skyfire / L402 / Direct Base USDC.
Access
- Discovery (free): /api/v1/nodes/eu-solvency-ii-pillar-1-scr-mcr-capital-requirements.json — 6-field metadata
- Vault (full node): /api/v1/vault/nodes/eu-solvency-ii-pillar-1-scr-mcr-capital-requirements.json — full 13-key payload, $0.01 USDC (L402/Skyfire/Direct Base)
- Canonical URL: https://bidda.com/intelligence/eu-solvency-ii-pillar-1-scr-mcr-capital-requirements
- Back to registry: Browse all 10,085 compliance nodes