Undertakings must hold eligible basic own funds covering the MCR, a simple auditable linear function of technical provisions, premiums, capital-at-risk, deferred tax and expenses (net of reinsurance) calibrated to 85 percent Value-at-Risk over one year, bounded between 25 and 45 percent of the SCR and not below the absolute floor (EUR 2.7 million non-life, 4 million for liability, credit and suretyship classes and life, 3.9 million reinsurance, 1.3 million captive reinsurance). It is calculated at least quarterly and reported, with an explanation where the corridor bites.
The graph holds this control, the 0 it maps to, and the evidence behind each claim, over MCP and REST.