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.
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