Solvency Capital Requirement - General Provisions Requirement to Hold Eligible Own Funds Covering the SCR
Application provision
1.1 Unless otherwise stated, this Part applies to:
- (1) a UK Solvency II firm;
- (2) in accordance with Insurance General Application 3, the Society, as modified by 6 to 8; and
- (3) in accordance with Insurance General Application 3, managing agents, as modified by 8.
2.1
01/01/2016
A firm must hold eligible own funds covering its SCR.