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New version applies from 02/04/2016 — introduced by Commission Delegated Regulation (EU) 2016/467, Commission Delegated Regulation (EU) 2016/2283. 363 provisions change. Later versions: 15/09/2017, 01/01/2019, 08/07/2019, 01/01/2020, 30/07/2020, 15/04/2021, 02/08/2022, 14/11/2024, 30/01/2027. Article 145 changes in this version: compare with the current text.

Article 145 - NSLT health underwriting risk sub-module

Comparing 17/01/2015 → 18/01/2015: 0 added, 0 removed, 6 changed Close comparison

1. 1. The NSLT health underwriting risk sub-module shall consist of the following sub- modules:

((a))(a) the NSLT health premium and reserve risk sub-module;

((b))(b) the NSLT health lapse risk sub-module.

2. 2. The capital requirement for NSLT health underwriting risk shall be equal to the following:

\mathrm{SCR}_{\mathrm{NSLTh}} = \sqrt{\mathrm{SCR}_{(\mathrm{NSLTh}, \mathrm{pr})}^2 + \mathrm{SCR}_{(\mathrm{NSLTh}, \mathrm{lapse})}^2}

where:

((a))(a) SCR_{(NSLTh,pr)} denotesSCR(NSLTh,pr)denotes the capital requirement for NSLT health premium and reserve risk;

((b))(b) SCR_{(NSLTh,lapse)} denotesSCR(NSLTh,lapse)denotes the capital requirement for NSLT health lapse risk.

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