S.L. 403.17 · Insurance Business (Supervision (S.L. 403.17)
S.L. 403.17 ст. 17Related insurance or reinsurance undertakings.
PART II
(1) Where an authorised insurance undertaking or an authorised reinsurance undertaking has more than one related insurance or reinsurance undertaking, the group solvency calculation shall be carried out by including each of those related insurance or reinsurance undertakings.
(2) Where the related insurance or reinsurance undertaking has its head office in a Member State or EEA State other than that of the authorised insurance undertaking or authorised reinsurance undertaking for which the group solvency calculation is carried out, the calculation is to take into account, in respect of the related undertaking, of the Solvency Capital Requirement and the own funds eligible to satisfy that requirement as laid down in that other Member State or EEA State.