Solvency II
Pillar 1: own funds – Solvency II

Solvency II Art.98: Art. 98 Apply the tier eligibility limits to cover the SCR and MCR

What does Art.98 require?

For the SCR, Tier 1 must exceed one third of eligible own funds and Tier 3 must be less than one third; for the MCR only basic own funds count and Tier 1 must exceed half of eligible basic own funds, with Tier 3 not eligible.

Maintained by Gerard BlokdykVerified against the published standard Control text last updated

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