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The Solvency 2 and Insurance (Amendment, etc.) (EU Exit) Regulations 2019

Changes over time for: SCHEDULE 3

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Point in time view as at 31/12/2020.

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The Solvency 2 and Insurance (Amendment, etc.) (EU Exit) Regulations 2019, SCHEDULE 3 is up to date with all changes known to be in force on or before 24 December 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations. Help about Changes to Legislation

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Regulation 4

SCHEDULE 3U.K.Provisions deemed to be PRA rules

This schedule has no associated Explanatory Memorandum

1.  The correlation coefficients for non-life underwriting risk contained in the correlation matrix in Article 114(3).U.K.

Commencement Information

I1Sch. 3 para. 1 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)

2.  The correlation coefficients for life underwriting risk contained in the correlation matrix set out in Article 136(3).U.K.

Commencement Information

I2Sch. 3 para. 2 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)

3.  The correlation coefficients for health underwriting risk contained in the correlation matrix set out in Article 144(3).U.K.

Commencement Information

I3Sch. 3 para. 3 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)

4.  The correlation coefficients for SLT health underwriting risk sub-module contained in the correlation matrix set out in Article 151(3).U.K.

Commencement Information

I4Sch. 3 para. 4 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)

5.  The correlation coefficients for market risk contained in the correlation matrix in Article 164(3).U.K.

Commencement Information

I5Sch. 3 para. 5 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)

6.  Annex 2 - Segmentation Of Non-Life Insurance And Reinsurance Obligations And Standard Deviations For The Non-Life Premium And Reserve Risk Sub-Module.U.K.

Commencement Information

I6Sch. 3 para. 6 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)

7.  Annex 3 - Factor For Geographical Diversification Of Premium And Reserve Risk.U.K.

Commencement Information

I7Sch. 3 para. 7 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)

8.  Annex 4 - Correlation Matrix For Non-Life Premium And Reserve Risk.U.K.

Commencement Information

I8Sch. 3 para. 8 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)

9.  Annex 5 - Parameters For The Windstorm Risk Sub-Module.U.K.

Commencement Information

I9Sch. 3 para. 9 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)

10.  Annex 6 - Parameters For The Earthquake Risk Sub-Module.U.K.

Commencement Information

I10Sch. 3 para. 10 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)

11.  Annex 7 - Parameters For The Flood Risk Sub-Module.U.K.

Commencement Information

I11Sch. 3 para. 11 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)

12.  Annex 8 - Parameters For The Hail Risk Sub-Module.U.K.

Commencement Information

I12Sch. 3 para. 12 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)

13.  Annex 9 - The Geographical Division Of Regions Set Out In Annex V Into Risk Zones.U.K.

Commencement Information

I13Sch. 3 para. 13 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)

14.  Annex 10 - Risk Weights For Catastrophe Risk Zones.U.K.

Commencement Information

I14Sch. 3 para. 14 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)

15.  Annex 11 - Liability Risk Groups, Risk Factors And Correlation Coefficients For The Liability Risk Sub-Module.U.K.

Commencement Information

I15Sch. 3 para. 15 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)

16.  Annex 12 - Groups Of Obligations And Risk Factors For The Sub-Module For Other Non-Life Catastrophe Risk.U.K.

Commencement Information

I16Sch. 3 para. 16 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)

17.  Annex 13 - List Of Regions For Which Natural Catastrophe Risk Is Not Calculated Based On Premiums.U.K.

Commencement Information

I17Sch. 3 para. 17 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)

18.  Annex 14 - Segmentation Of NSLT Health Insurance And Reinsurance Obligations And Standard Deviations For The NSLT Health Premium And Reserve Risk Sub-Module.U.K.

Commencement Information

I18Sch. 3 para. 18 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)

19.  Annex 15 - Correlation Matrix For NSLT Health Premium And Reserve Risk.U.K.

Commencement Information

I19Sch. 3 para. 19 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)

20.  Annex 16 - Health Catastrophe Risk Sub-Module Of The Solvency Capital Requirement Standard Formula.U.K.

Commencement Information

I20Sch. 3 para. 20 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)

21.  Annex 19 - MCR Risk Factors For Non-Life And Health Insurance Or Reinsurance Obligations.U.K.

Commencement Information

I21Sch. 3 para. 21 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)

22.  Annex 22 - Correlation Coefficients For Windstorm Risk.U.K.

Commencement Information

I22Sch. 3 para. 22 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)

23.  Annex 23 - Correlation Coefficients For Earthquake Risk.U.K.

Commencement Information

I23Sch. 3 para. 23 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)

24.  Annex 24 - Correlation Coefficients For Flood Risk.U.K.

Commencement Information

I24Sch. 3 para. 24 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)

25.  Annex 25 - Correlation Coefficients For Hail Risk.U.K.

Commencement Information

I25Sch. 3 para. 25 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)

26.  Annex 26 - Correlation Coefficients For Subsidence Risk.U.K.

Commencement Information

I26Sch. 3 para. 26 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)

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