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Commission Delegated Regulation (EU) 2015/35Show full title
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)
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- Revised 30/07/202048.27 MB
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- Revised 09/04/201746.19 MB
- Revised 02/04/201646.19 MB
- Revised 17/01/201539.54 MB
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Article 98Simplified calculation of the capital requirement for health longevity risk
Where Article 88 is complied with, insurance and reinsurance undertakings may calculate the capital requirement for health longevity risk as follows:
where, with respect to the policies referred to in Article 138(2):
(a)
q denotes the expected average mortality rate of the insured persons during the following 12 months weighted by the sum insured;
(b)
n denotes the modified duration in years of the payments to beneficiaries included in the best estimate;
(c)
BElong denotes the best estimate of the obligations subject to longevity risk.
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