Updated 05/02/2025
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Version from: 14/11/2024
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Article 115 - Delegated Regulation 2015/35

Article 115

Non-life premium and reserve risk sub-module

The capital requirement for non-life premium and reserve risk shall be equal to the following:

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where:

(a) 

σnl denotes the standard deviation for non-life premium and reserve risk determined in accordance with Article 117;

(b) 

Vnl denotes the volume measure for non-life premium and reserve risk determined in accordance with Article 116.