Glossary

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Term Definition Legal instruments

relevant portfolio of assets

01/01/2016

THIS DEFINITION ONLY APPLIES TO THE TECHNICAL PROVISIONS PART

means the assigned portfolio of assets, consisting of bonds and other assets with similar cash-flow characteristics, to cover the best estimate of the relevant portfolio of insurance or reinsurance obligations, referred to in regulation 42(4)(a) and (b) of the Solvency 2 Regulations 2015.