Solvency Rules definition

Solvency Rules means the solvency rules pursuant to the Dutch Financial Supervision Act (Wet op het financieel toezicht) to which the Issuer is subject.

Solvency Rules means rules made by the Commission undersection 23 sections 23 and 130;

Solvency Rules means the solvency rules from time to time pursuant to the Dutch Financial Supervision Act (Wet op het financieel toezicht) to which the Issuer and the Rabobank Group are subject;

Examples of Solvency Rules in a sentence

• Under Hong Kong regulatory capital requirements, insurers are required to maintain sufficient assets to cover the long term liabilities plus a solvency margin calculated in accordance with CAP 41F – Insurance (Margin of Solvency) Rules.

• In order to enhance the protection of policyholders and to be line with international standards, the Insurance (Long-Term Insurance Business Solvency) Rules 2007 and the Insurance (General Insurance Business Solvency) Rules 2007 were amended in 2013 to clarify that the aggregate value of investments of an insurer in one or more of its related companies shall not exceed 10% of the assets of the insurer.

• In accordance with the Insurance Business (Solvency) Rules, 2015, the Company is required at all times to maintain regulatory capital resources greater than or equal to its Minimum Capital Requirement and its Prescribed Capital Requirement.

• Each company authorized to conduct long term business in or from Hong Kong must maintain an excess of assets over liabilities by an amount equivalent to the greater of the relevant amount of HK$2 million and the margin of solvency calculated in accordance with the Insurance (Margin of Solvency) Rules.

• Current Guernsey Insurance Supervisory RegimeLicensed Guernsey insurers are at present subject to a risk-based solvency requirement as set out in the Insurance Business (Solvency) Rules 2015 (the “Rules”)5.

• Under the Insurance Act (General Insurance Business Solvency) Rules 2007, the minimum capital requirement for General Business is the sum of capital required for the statement of financial position as per rule 6, capital required for investment above concentration limit as per rule 7, capital required for policy liabilities as per rule 8, capital required for catastrophes as per Rule 9 and capital required for reinsurance ceded under rule 10.

• Ref: Ares (08) 14767 3 (September 2008), http://ec.europa.eu/internal_market/consultations/docs/occupational_retirement_provision/consultation _en.pdf; European Commission Internal Market and Ser- vices DG, Feedback Statement Consultation on the Harmonization of Solvency Rules applicable to Institutions for Occupational Retirement Provision (IORPS) covered by article 17 of the IORP Directive and IORPS operating on a Cross- Border Basis, Brussels, March 16, 2009; European Commission White Paper.

• Detailed list of risks of outsourcing as identified in current IS literature (referred in section 3.1).

• The principles behind control measure identification, assessment and selection are essentially the same whether a control is for an MAE or not, and although the OPGGS(S) regulations only require performance standards to be specified for MAE controls, this does not preclude operators from applying the principle to controls for other health and safety hazards.

• The Insurance Business (Solvency) Rules 2021 replace The Insurance Business (Solvency) Rules 2015.

More Definitions of Solvency Rules

Solvency Rules means rules made by the Commission under section 23 sections 23 and 130;

Solvency Rules means the solvency rules from time to time pursuant to the Dutch Financial Supervision Act (Wet op het financieel toezicht) (as amended from time to time) or any other rules or regulations relating to capital to which the Issuer and the Rabobank Group are subject, which at the Issue Date shall include, without limitation, CRD IV (as defined in Condition 6(4)).

Solvency Rules means the solvency rules from time to time pursuant to CRD IV or any other rules or regulations relating to capital to which the Issuer is subject to, including the Wft;

Solvency Rules means rules made by the Authority under section Part III (Sub-part II);