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) (Text with EEA relevance) (c. 35)

ANNEX III U.K. FACTOR FOR GEOGRAPHICAL DIVERSIFICATION OF PREMIUM AND RESERVE RISK

1. For all segments set out in Annexes II and XIV, the factor for geographical diversification of a particular segment s referred to in Articles 116 and 147 shall be equal to the following: U.K.

where:

(a)

each of the sums cover all the geographical regions set out in paragraph 8;

(b)

V(prem,r,s) denotes the volume measure for premium risk of the segment s and the region r;

(c)

V(res,r,s) denotes volume measure for reserve risk of the segment s and the region r.