Calls for standard formula calibrations to be reduced further
New risk parameters will increase capital requirements for some business lines
Proposed changes to the risk parameters for the Solvency II standard formula will increase capital requirements for some lines of business, according to the working group that made the recommendations.
Significant changes have been suggested to the premium and reserving risk parameters for the non-life and health solvency capital requirement calibrations by the joint working group.
The working group has estimated that the new calibrations would increase the capital requirements in relation to
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