3B5 Life Revision Risk Sub-Module
1.
A firm must calculate the capital requirement for life revision risk as equal to the loss in its basic own funds that would result from an instantaneous permanent increase of 3% in the amount of annuity benefits only on annuity insurance and reinsurance obligations where the benefits payable under the underlying insurance policies could increase as a result of changes in the legal environment or in the state of health of the person insured.
- 31/12/2024