risk measure

Defined in Article 13, Solvency II Directive

Definitions over time (3)

1. 30/06/2021 – today applies on 12/11/2026 Article 13, Solvency II Directive Scope: Whole act

   For the purposes of this Directive, the following definitions shall apply:

   ‘risk measure’ means a mathematical function which assigns a monetary amount to a given probability distribution forecast and increases monotonically with the level of risk exposure underlying that probability distribution forecast;

2. 23/05/2014 – 12/01/2017 Article 13, Solvency II Directive Scope: Whole act

   For the purposes of this Directive, the following definitions shall apply:

   ‘risk measure’ means a mathematical function which assigns a monetary amount to a given probability distribution forecast and increases monotonically with the level of risk exposure underlying that probability distribution forecast;

3. 09/12/2011 – 23/05/2014 Article 13, Solvency II Directive Scope: Whole act

   For the purposes of this Directive, the following definitions shall apply:

   ‘risk measure’ means a mathematical function which assigns a monetary amount to a given probability distribution forecast and increases monotonically with the level of risk exposure underlying that probability distribution forecast.

Used in (6 places in 5 provisions on 12/11/2026)

Solvency II Directive (6 in 5)

Article 13 · Article 45 · Article 104 · Article 122² · Article 304