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Part 5 · Groups  ›  Division 1 · Group solvency › Section 250

Monitoring of group solvency

(1) Group solvency is monitored in accordance with subsections (2) and (3), sections 275 to 287, and section 293(1), section 298(1) and (2), section 305(1), point 1, and section 306(1), first sentence, point 1. Assets and liabilities are valued under section 74.
(2) In the case named in section 245(2), point 1, the participating insurance undertakings must, at group level, at all times hold eligible own funds at least equal to the Solvency Capital Requirement calculated under sections 252 to 265.
(3) In the case named in section 245(2), point 2, the insurance undertakings of a group must, at group level, at all times hold eligible own funds at least equal to the Solvency Capital Requirement calculated under section 266.
(4) Sections 132 and 134(1) to (6) apply correspondingly.

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