Article 39 | Delegated Regulation 2015/35

TITLE I - VALUATION AND RISK-BASED CAPITAL REQUIREMENTS (PILLAR I), ENHANCED GOVERNANCE (PILLAR II) AND INCREASED TRANSPARENCY (PILLAR III) (Article 1-327)

CHAPTER I - GENERAL PROVISIONS (Article 1-6)

CHAPTER II - VALUATION OF ASSETS AND LIABILITIES (Article 7-16)

CHAPTER III - RULES RELATING TO TECHNICAL PROVISIONS (Article 17-61)

SECTION 1 - General provisions (Article 17-18)

SECTION 2 - Data quality (Article 19-21)

SECTION 3 - Methodologies to calculate technical provisions (Article 22-42)

Subsection 1 - Assumptions underlying the calculation of technical provisions (Article 22-26)

Subsection 2 - Information underlying the calculation of best estimates (Article 27)

Subsection 3 - Cash flow projections for the calculation of the best estimate (Article 28-36)

Subsection 4 - Risk margin (Article 37-39)Article 37 - Calculation of the risk margin Q&AGL Article 38 - Reference undertaking Q&AGL Article 39 - Cost-of-Capital rate GL

Subsection 5 - Calculation of technical provisions as a whole (Article 40)

Subsection 6 - Recoverables from reinsurance contracts and special purpose vehicles (Article 41-42)

SECTION 4 - Relevant risk-free interest rate term structure (Article 43-54)

SECTION 5 - Lines of business (Article 55)

SECTION 6 - Proportionality and simplifications (Article 56-61)

CHAPTER IV - OWN FUNDS (Article 62-82)

CHAPTER V - SOLVENCY CAPITAL REQUIREMENT STANDARD FORMULA (Article 83-221)

CHAPTER VI - SOLVENCY CAPITAL REQUIREMENT — FULL AND PARTIAL INTERNAL MODELS (Article 222-247)

CHAPTER VII - MINIMUM CAPITAL REQUIREMENT (Article 248-253)

CHAPTER VIII - INVESTMENTS IN SECURITISATION POSITIONS (Article 254-257)

CHAPTER IX - SYSTEM OF GOVERNANCE (Article 258-275a)

CHAPTER X - CAPITAL ADD-ON (Article 276-287)

CHAPTER XI - EXTENSION OF THE RECOVERY PERIOD (Article 288-289)

CHAPTER XII - PUBLIC DISCLOSURE (Article 290-303)

CHAPTER XIII - REGULAR SUPERVISORY REPORTING (Article 304-314)

CHAPTER XIV - TRANSPARENCY AND ACCOUNTABILITY OF SUPERVISORY AUTHORITIES (Article 315-317)

CHAPTER XV - SPECIAL PURPOSE VEHICLES (Article 318-327)

TITLE II - INSURANCE GROUPS (Article 328-377)

TITLE III - THIRD COUNTRY EEQUIVALENCE AND FINAL PROVISIONS (Article 378-381)

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Article 39 - Delegated Regulation 2015/35

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