Updated 05/02/2025
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Version from: 14/11/2024
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Article 340 - Delegated Regulation 2015/35

Article 340

Method 1: Risk margin

The consolidated risk margin of technical provisions on the basis of the consolidated data shall be equal to the sum of the following:

(a) 

the risk margin of the participating insurance or reinsurance undertaking;

(b) 

the proportional share, as referred to in Article 221(1)(a) of Directive 2009/138/EC, of the risk margin of the related insurance or reinsurance undertakings and third-country insurance or reinsurance undertakings referred to in Article 335(1)(a) and (c) of this Regulation.