Fungibility | Solvency terms | The European Economic Area | CEA Solvency II | Fungible Capital - That part of the capital of a group which can be transferred between different legal entities of the group. | F |
Fungibility | Solvency terms | United States | NAIC ORSA MANUAL | Within a group context, the ability to redeploy available capital from one entity to another. Fungibility is reduced where the movement of available capital within the group is constrained or regulation prohibits it. | F |