Minimum Capital Requirement | Solvency terms | China | CIRC C-ROSS Conceptual Framework | The amount of capital required according to the regulations to cover the adverse impact on the undertaking's solvency capability arising from market risk, credit risk, insurance risk, etc. | M |
Minimum Capital Requirement | Solvency terms | IAIS | IAIS Supervisory Material | In the context of a legal entity's capital adequacy assessment, the level of solvency at which, if breached, the supervisor would invoke its strongest actions, in the absence of appropriate corrective action by the insurer. | M |
Minimum Capital Requirement | Solvency terms | The European Economic Area | CEA Solvency II | The capital level representing the final threshold that triggers ultimate supervisory measures in the event that it is breached. | M |
Minimum Capital Requirement | Solvency terms | The European Economic Area | Solvency II | A minimum level of security below which the amount of financial resources should not fall (Solvency II Directive (60)). | M |