doc__table__2551

| 10 | Some insurance contracts contain both an insurance component and a deposit component. In some cases, an insurer is required or permitted to unbundle those components: (a) unbundling is required if both the following conditions are met: (i) the insurer can measure the deposit component (including any embedded surrender options) separately (i.e. without considering the insurance component); (ii) the insurer's accounting policies do not otherwise require it to recognise all obligations and rights arising from the deposit component; (b) unbundling is permitted, but not required, if the insurer can measure the deposit component separately as in (a)(i) but its accounting policies require it to recognise all obligations and rights arising from the deposit component, regardless of the basis used to measure those rights and obligations; (c) unbundling is prohibited if an insurer cannot measure the deposit component separately as in (a)(i).

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Source: EUR-Lex (Cellar) · retrieved 2026-11-08 · Text as adopted (Official Journal); later amendments are not incorporated in this text.