Without prejudice to section 250, sections 345 to 347, 351, and 352 apply correspondingly at group level. Where the ultimate participating insurance undertaking satisfies the provisions applicable to adjusted solvency under Article 9 of Directive 98/78/EC of the European Parliament and of the Council of 27 October 1998 on the supplementary supervision of insurance undertakings in an insurance group (OJ L 330, 5.12.1998, p. 1), as last amended by Directive 2011/89/EU (OJ L 326, 8.12.2011, p. 113), the participating insurance undertaking, the participating insurance holding company, the participating mixed insurance holding company, or the participating mixed financial holding company, but not the Solvency Capital Requirement for the group, section 348 applies correspondingly, without prejudice to section 250.