Value of the technical provisions

(1) The value of the technical provisions corresponds to the sum of 1. the best estimate calculated under section 77, and 2. the risk margin calculated under section 78. The best estimate and the risk margin must be calculated separately.
(2) Where future cash flows associated with insurance obligations can be reliably replicated using financial instruments for which a reliable market value can be determined, the value of the technical provisions associated with those future cash flows is determined on the basis of the market value of those financial instruments. Subsection (1), second sentence, does not apply in that case.