+Subsection 4 Calculation methods
---+Article 230 Method 1 (Default method): Accounting consolidation-based method
------+Article 230 1.
------+Article 230 2.
---+Article 231 Group internal model
------+Article 231 1.
------+Article 231 2.
------+Article 231 3.
------+Article 231 4.
------+Article 231 5.
------+Article 231 6.
------+Article 231 7.
---+Article 232 Group capital add-on
---+Article 233 Method 2 (Alternative method): Deduction and aggregation method
------+Article 233 1.
------+Article 233 2.
------+Article 233 3.
------+Article 233 4.
------+Article 233 5.
------+Article 233 6.
---+Article 234 Delegated acts concerning Articles 220 to 229 and 230 to 233

Subsection 4 Calculation methods

Subsection 4 Calculation methods

1. Ħarsa ġenerali

,
Article 230 Method 1 (Default method): Accounting consolidation-based method
Article 231 Group internal model
Article 232 Group capital add-on

Article 232

Group capital add-on

▼M5

In determining whether the consolidated group Solvency Capital Requirement appropriately reflects the risk profile of the group, the group supervisor shall pay particular attention to any case where the circumstances referred to in Article 37(1)(a) to (d) may arise at group level, in particular where:

▼B

(a) 

a specific risk existing at group level would not be sufficiently covered by the standard formula or the internal model used, because it is difficult to quantify;

(b) 

a capital add-on to the Solvency Capital Requirement of the related insurance or reinsurance undertakings is imposed by the supervisory authorities concerned, in accordance with Articles 37 and 231(7).

Where the risk profile of the group is not adequately reflected, a capital add-on to the consolidated group Solvency Capital Requirement may be imposed.

▼M5

Article 37(1) to (5), together with the delegated acts and implementing technical standards taken in accordance with Article 37(6), (7) and (8) shall apply mutatis mutandis.

▼B

Article 233 Method 2 (Alternative method): Deduction and aggregation method
Article 234 Delegated acts concerning Articles 220 to 229 and 230 to 233

Article 234

Delegated acts concerning Articles 220 to 229 and 230 to 233

The Commission shall adopt delegated acts in accordance with Article 301a specifying the technical principles and methods set out in Articles 220 to 229 and the application of Articles 230 to 233, reflecting the economic nature of specific legal structures.

1.1 Referenzi

1.2 Rekwiżiti identifikati

1.3 Standards relatati

2. Rekwiżiti identifikati

Rekwiżiti

3. Standards relatati

Standards