Einde inhoudsopgave
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 120 Natural catastrophe risk sub-module
Geldend
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.
The natural catastrophe risk sub-module shall consist of all of the following sub-modules:
- (a)
the windstorm risk sub-module;
- (b)
the earthquake risk sub-module;
- (c)
the flood risk sub-module;
- (d)
the hail risk sub-module;
- (e)
the subsidence risk sub-module.
2.
The capital requirement for natural catastrophe risk shall be equal to the following:
where:
- (a)
the sum includes all possible combinations of the sub-modules i set out in paragraph 1;
- (b)
SCRi denotes the capital requirement for sub-module i.