Examples of Solvency Regulations in a sentence
The Securities will be converted into newly issued ordinary BBVA shares when the common equity tier 1 ratio of the Issuer or its consolidated group falls below 5.125%, calculated in accordance with the Solvency Regulations or with any other regulation on capital and solvency applicable to BBVA at any time.
See Insurance Returns and Solvency Regulations, 1980, Appleby, Reg.
In the financial year prior to the submission of its Bid, the Insurer has maintained its solvency ratio in full compliance with the requirements of the IRDAI Solvency Regulations and the Insurer undertakes that it shall continue to maintain its solvency ratio in full compliance with the IRDAI Solvency Regulations throughout the Term of this Insurance Contract.
The terms and conditions of the Issuance may include circumstances for early redemption in favour of the Issuer, all in accordance with the Solvency Regulations.
Companies carrying on general business must maintain a liquidity ratio of liquid assets to liabilities, more specifically calculated in the Insurance Returns and Solvency Regulations 1980, of 75%.
The following is a listing of the material differences between Technical Provisions under Solvency Regulations and under U.S. GAAP: • Under Solvency, premiums that are due to be received after the balance sheet date are included in the calculation of Technical Provisions and include amounts receivable from both financial guaranty and specialty insurance and reinsurance contracts and exclude an amount that may not be received due to potential defaults on underlying transactions.
Specific investment guidelines are agreed with the Company’s outside investment manager and approved by the Company's Board, consistent with the ‘prudent person principle’ set out in Solvency Regulations, and setting forth credit rating standards, single risk and asset category limits and duration guidelines.
In the financial year prior to the submission of its Bid, the ISA has maintained its solvency ratio in full compliance with the requirements of the IRDAI Solvency Regulations and the ISA undertakes that it shall continue to maintain its solvency ratio in full compliance with the IRDAI Solvency Regulations throughout the Term of this Implementation Support Contract.
Pursuant to “Notification of Related Matters on Official Implementation of China Risk Oriented Solvency System” released by the CIRC, insurance companies should implement Insurance Institution Solvency Regulations (NO.1 to NO.17) (“C-ROSS”) from 1 January 2016.
The ongoing update of the appraisals on which the market values are based that is stipulated in the Solvency Regulations (SolvaV) − every three years for “RRE” and once a year for “CRE” − applies to the whole group.