Delegated Regulation (EU) 2015/35 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):Article 82 Eligibility and limits applicable to Tiers 1, 2 and 3

Article 82 Eligibility and limits applicable to Tiers 1, 2 and 3

Geldend

Documentgegevens:

Geldend vanaf 18-01-2015

Bronpublicatie:: 10-10-2014, PbEU 2015, L 12 (uitgifte: 17-01-2015, regelingnummer: 2015/35)
Inwerkingtreding: 18-01-2015
Bronpublicatie inwerkingtreding:: 10-10-2014, PbEU 2015, L 12 (uitgifte: 17-01-2015, regelingnummer: 2015/35)
Vakgebied(en): Financieel recht / Europees financieel recht
Financieel recht / Financieel toezicht (juridisch)
Verzekeringsrecht / Europees verzekeringsrecht
Verzekeringsrecht / Bijzondere onderwerpen

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.