TITLE IU.K. [X1VALUATION AND RISK-BASED CAPITAL REQUIREMENTS (PILLAR I), ENHANCED GOVERNANCE (PILLAR II) AND INCREASED TRANSPARENCY (PILLAR III)]

CHAPTER VU.K. SOLVENCY CAPITAL REQUIREMENT STANDARD FORMULA

SECTION 4 U.K. Health underwriting risk module

Article 146U.K.NSLT health premium and reserve risk sub-module

The capital requirement for NSLT health premium and reserve risk shall be equal to the following:

where:

(a)

σNSLTh denotes the standard deviation for NSLT health premium and reserve risk determined in accordance with Article 148;

(b)

VNSLTh denotes the volume measure for NSLT health premium and reserve risk determined in accordance with Article 147.

Editorial Information