Article 103 Solvency II — Directive 2009/138/EC of the European Parliament and of the…

Article 103

Solvency II

Directive 2009/138/EC of the European Parliament and of the Council of 25 November 2009 on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II) (recast) (Text with EEA relevance) · European Union

The Solvency Capital Requirement calculated on the basis of the standard formula shall be the sum of the following items: the Basic Solvency Capital Requirement, as laid down in Article 104; the capital requirement for operational risk, as laid down in Article 107; the adjustment for the loss-absorbing capacity of technical provisions and deferred taxes, as laid down in Article 108.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-09 · Text as adopted (Official Journal); later amendments are not incorporated in this text.