Long-Term Insurance Capital Requirement | Prudential Regulation Authority Handbook & Rulebook

Part

Insurance Company – Capital Resources Requirements

Chapter

Long-Term Insurance Capital Requirement

Printed on: 06/11/2024

Rulebook at: 01/01/2016

14

Long-Term Insurance Capital Requirement

14.1

A firm carrying on long-term insurance business must calculate its long-term insurance capital requirement as the sum of:

(1) the insurance death risk capital component;
(2) the insurance health risk and life protection reinsurance capital component;
(3) the insurance expense risk capital component;
(4) the insurance market risk capital component; and
(5) the resilience capital requirement.

01/01/2016