TA-3.1.5

For each general participants' fund, the required solvency margin is calculated on the basis of the premiums written and claims incurred by the fund. A risk factor is applied, to reflect the differing risk profiles of different classes of insurance. Refer to Chapter CA-2 for the detailed rules governing the calculation of the required solvency margin.

Rulebook Reference CA-2
Amended: April 2014
Amended: January 2007