Regulatory Alerts2015-12-03
Added · Updated
Volume measure for the solvency capital requirement for current premium risk of health insurers
Article 147 of the Solvency II Commission Delegated Regulation establishes the volume measure for the solvency capital requirement (SCR) for current premium risk for health insurers. For one-year health insurance contracts, this measure equals the premiums to be earned over the following 12 months, including expected renewals and new production premiums covering that period. If the estimated future premiums are lower than the premiums earned in the past 12 months, the past 12 months' earned premiums serve as the volume measure instead.