Minimum Capital Requirement and Solvency Capital Requirement

PRA Rules

• Minimum Capital Requirement
• Solvency Capital Requirement – General Provisions
• Solvency Capital Requirement – Standard Formula
• Solvency Capital Requirement – Undertaking-Specific-Parameters
• Solvency Capital Requirement – Internal Models
• Composites
• Transitional measures
• Technical Provisions – Further Requirements (Annex 1: Line of Business)

Related links

Capital Add-Ons
Market Risk
Underwriting Risk
Counterparty default Credit risk
Operational Risk and Loss Absorbing Capacity
Correlation Matrices
Undertaking specific parameters
Internal Models

Supervisory Statements

• Solvency II - the solvency and minimum capital requirements (SS4/15)
• Solvency II - Composites (SS8/15)

Other relevant material

Guidelines originally issued by European Supervisory Authorities should be read in conjunction with "Interpretation of EU Guidelines and Recommendations: Bank of England and PRA approach after the UK’s withdrawal from the EU" (Statement of Policy)

• Guidelines on the extension of the recovery period in exceptional adverse situations (EIOPA-BoS-15/108)
• Guidelines on basis risk (EIOPA-BoS-14/172)