liquidity risk
Defined in Article 13, Solvency II Directive
Definitions over time (2)
-
For the purposes of this Directive, the following definitions shall apply:
‘liquidity risk’ means the risk that insurance and reinsurance undertakings are unable to realise investments and other assets in order to settle their financial obligations when they fall due;
-
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:
‘liquidity risk’ means the risk that insurance and reinsurance undertakings are unable to realise investments and other assets in order to settle their financial obligations when they fall due;
Earlier definition records in this act (2)
Open an entry to see its definitions, dates and uses. Separate scopes and histories are kept intact.
- Article 13(34) Historical · definitions end 09/12/2011
- Article 13(34) Historical · definitions end 30/06/2021