Appropriateness of the Level of Technical Provisions


Upon request by the PRA, the firm must demonstrate to the PRA:

  1. (1) the appropriateness of the level of the firm’s technical provisions;
  2. (2) the applicability and relevance of the methods applied; and
  3. (3) the adequacy of the underlying statistical data used.

[Note: Art. 84 of the Solvency II Directive]