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Article 145 - NSLT health underwriting risk sub-module

Comparing 18/01/2015 → 02/04/2016: 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.

Official text · consolidated version 02/04/2016 (no longer in force) Open full page ↗
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