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Article 249 - Linear Minimum Capital Requirement

Article 249
Linear Minimum Capital Requirement

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

\mathrm{MCR}_{\mathrm{linear}} = \mathrm{MCR}_{(\mathrm{linear,nl})} + \mathrm{MCR}_{(\mathrm{linear,l})}

where:

(a)

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

(b)

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

Official text · consolidated version 15/09/2017 (no longer in force) Open full page ↗
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