Calculation of the CR Requirement | Prudential Regulation Authority Handbook & Rulebook
Prudential Regulation Authority Rulebook

Prudential Regulation Authority Rulebook

Part

Insurance Company – Capital Resources Requirements

Chapter

Calculation of the CR Requirement

Printed on: 22/06/2025

Rulebook at: 03/04/2022


4

Calculation of the CR Requirement

4.1

This Chapter does not apply to a pure reinsurer.

  • 01/01/2016

4.2

The CR Requirement for a firm carrying on general insurance business is equal to the higher of:

  1. (1) the base capital resources requirement for general insurance business applicable to that firm; and
  2. (2) the general insurance capital requirement.
  • 01/01/2016

4.3

The CR Requirement for a firm carrying on long-term insurance business is equal to the higher of:

  1. (1) the base capital resources requirement for long-term insurance business applicable to that firm; and
  2. (2) the long-term insurance capital requirement.
  • 01/01/2016