credit risk

Defined in Article 13, Solvency II Directive

Definitions over time (2)

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

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

   ‘credit risk’ means the risk of loss or of adverse change in the financial situation, resulting from fluctuations in the credit standing of issuers of securities, counterparties and any debtors to which insurance and reinsurance undertakings are exposed, in the form of counterparty default risk, or spread risk, or market risk concentrations;

2. 09/12/2011 – 12/01/2017 Article 13, Solvency II Directive Scope: Whole act

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

   ‘credit risk’ means the risk of loss or of adverse change in the financial situation, resulting from fluctuations in the credit standing of issuers of securities, counterparties and any debtors to which insurance and reinsurance undertakings are exposed, in the form of counterparty default risk, or spread risk, or market risk concentrations;

Used in (4 places in 3 provisions on 11/11/2026)

Solvency II Directive (4 in 3)

Article 13 · Article 101² · Article 121