Glossary
Looking for the right term then try the glossary:
Term | Definition | Legal instruments |
---|---|---|
capital add-on 01/01/2016 |
means the amount by which the SCR of a UK Solvency II firm, or the group SCR of a group (as appropriate), is increased by the PRA as a result of a standard formula significant risk profile deviation, internal model significant risk profile deviation, significant system of governance deviation, significant deviation from relevant assumptions or (if appropriate) a specific risk existing at group level. |