Glossary

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Term Definition Legal instruments

admissible insurance and reinsurance obligations

01/01/2016

THIS DEFINITION ONLY APPLIES TO THE TRANSITIONAL MEASURES PART

has the meaning set out in regulation 53(2) of the Solvency 2 Regulations 2015, where reference to rules implementing Article 20 of Directive 2002/83/EC until 1st January 2016 means INSPRU 1.1.16 R of the PRA Handbook as at 31 December 2015.

Additional Notes

[Note: Art. 308c(3) of the Solvency II Directive]