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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 87 changes in this version: compare with the current text.

Article 87

Article 87

The Basic Solvency Capital Requirement shall include a risk module for intangible asset risk. and shall be equal to the following:

\mathrm{BasicSCR} = \sqrt{\sum_{i,j} \mathrm{Corr}_{i,j} \cdot \mathrm{SCR}_i \cdot \mathrm{SCR}_j + \mathrm{SCR}_{\mathrm{int\ angibles}}}

where:

((a))

the summation, Corri,j, SCRi and SCRj are specified as set out in point (1) of Annex IV to Directive 2009/138/EC;

((b))

SCRintangibles denotes the capital requirement for intangible asset risk referred to in Article 203.

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