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8.

Solvency II

In their internal model, insurance and reinsurance undertakings may take account of future management actions that they would reasonably expect to carry out in specific circumstances. In the case set out in the first subparagraph, the undertaking concerned shall make allowance for the time necessary to implement such actions.

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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.