Required Solvency Margin definition

Required Solvency Margin means the Solvency Margin(s) required from time to time by the Lead Regulator under Italian Legislation on Solvency Margin;

Required Solvency Margin means for group, or if applicable, solo solvency purposes, the required solvency margin (or a comparable term in case of a change in applicable rules) in accordance with the provisions of mandatorily applicable Swiss laws, regulations, rules and/or generally applied administrative practices of FINMA relating to the regulatory capital of insurers and reinsurers in Switzerland. A “Solvency Event” shall have occurred if:

Required Solvency Margin means the Solvency Margin required from time to time by a Lead Regulator;

Examples of Required Solvency Margin in a sentence

• As a guide, the ratio of each Required Solvency Margin (RSM) to the combined general RSM plus Long term RSM may be used.

• No. * As per Section 64 VA (1)(i) of the Insurance Act 1938, the Required Solvency Margin is Rs.50 Crores being the minimum prescribed by the Act.

• Current activities will be tracked on a database, whereas grant opportunities and donor programs will be listed on a public webpage to promote access to information and opportunities for all stakeholders.

• Every insurer shall maintain an excess of the value of assets over the amount of liabilities of not less than an amount prescribed by the IRDA, which is referred to as a Required Solvency Margin.

• Every insurer is required to maintain a Required Solvency Margin as per Section 64VA of the Insurance Act, 1938.

More Definitions of Required Solvency Margin

Required Solvency Margin means the Solvency Margin required from time to time by the Relevant Supervisory Authority under Italian Legislation on Solvency Margin in respect of the Issuer.

Required Solvency Margin means the required solvency margin (or a comparable term in case of a change in applicable rules) in accordance with the provisions of mandatorily applicable regulatory capital requirements (including but not limited to Swiss insurance regulatory law (for single solvency or group solvency purposes, as applicable) or generally recognised administrative practice, if any, of FINMA or otherwise, mandatorily applicable at that time) which is used by FINMA, inter alia, in determining whether deferral of interest is required under applicable rules.

Required Solvency Margin means the amount of solvency margin calculated according to the procedure prescribed by legal acts which must be commensurate with the scope and specific nature of the insurer’s activities.

Required Solvency Margin means the Solvency Margin required from time to time by a Lead Regulator;A “Mandatory Deferral Event” shall have occurred if up to the end of the tenth Business Day preceding any Interest Payment Date:

Required Solvency Margin means the Solvency Margin required from time to time by the Relevant Supervisory Authority under Italian Legislation on Solvency Margin in respect of the Issuer. A “Solvency Capital Event” is deemed to have occurred if:

Required Solvency Margin means the consolidated and non-consolidated solvency margins (margine di solvibilità) required for insurance companies or insurance holding companies by the Relevant Supervisory Authority under provisions of Italian law applicable from time to time;

Required Solvency Margin means the required solvency margin (or a comparable term in case of a change in applicable rules) in accordance with the provisions of mandatorily applicable regulatory capital requirements (including but not limited to Swiss insurance regulatory law (for single solvency purposes) or a generally recognised administrative practice, if any, of FINMA or otherwise, mandatorily applicable at that time) which is used by FINMA in determining whether deferral of interest is required under applicable rules.