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Article (3) - Group Capital Adequacy

IA-BOD-RES 25/2014 Effective from 28/12/2014
  1. A Group consists of insurance or reinsurance companies and any other regulated entities where the Group owns 100% of the companies' shares or a controlling interest (as per IFRS) of the companies' shares.
     
  2. The Group capital requirement is the sum of the capital requirements calculated on the consolidated insurance Companies/branches and capital requirements of other regulated entities.