TITLE IVALUATION AND RISK-BASED CAPTAL REQUIREMENTS (PILLAR I), ENHANCED GOVERNANCE (PILLAR II) AND INCREASED TRANPARENCY (PILLAR III)

CHAPTER VIIMINIMUM CAPITAL REQUIREMENT

Article 249Linear Minimum Capital Requirement

The linear Minimum Capital Requirement shall be equal to the following:

MCRlinear=MCRlinear,nl+MCRlinear,lmath

where:

  1. (a)

    MCR(linear,nl) denotes the linear formula component for non-life insurance and reinsurance obligations;

  2. (b)

    MCR(linear,l) denotes the linear formula component for life insurance and reinsurance obligations.