+Article 163 2.

Article 163 2.

In addition to the requirements set out in paragraph 1, the scheme of operations shall include the following, for the first three financial years:

(a) 

a forecast balance sheet;

(b) 

estimates of the financial resources intended to cover technical provisions, the Minimum Capital Requirement and the Solvency Capital Requirement,

(c) 

for non-life insurance:

(i) 

estimates of management expenses other than installation costs, in particular current general expenses and commissions;

(ii) 

estimates of premiums or contributions and claims;

(d) 

for life insurance, a plan setting out detailed estimates of income and expenditure in respect of direct business, reinsurance acceptances and reinsurance cessions.

1. Ħarsa ġenerali

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1.1 Referenzi

1.2 Rekwiżiti identifikati

1.3 Standards relatati

2. Rekwiżiti identifikati

Rekwiżiti

3. Standards relatati

Standards