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Risk Margin Projected Reference SCR

Calculate the Projected Reference Undertaking Solvency Capital Requirement and Projected Required Assets instantly.

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Projected Reference Undertaking SCR

€4 446 960

1Step 1

Projected Reference Undertaking SCR

Projected Reference Undertaking SCR=Reference Undertaking SCR at t=0×Projected Run-Off Factor\textit{Projected Reference Undertaking SCR} = \textit{Reference Undertaking SCR at t=0} \times \textit{Projected Run-Off Factor}
2Step 2

Projected Required Assets

Projected Required Assets=Closing Net TP+Projected Reference Undertaking SCR\textit{Projected Required Assets} = \textit{Closing Net TP} + \textit{Projected Reference Undertaking SCR}

Understand the Risk Margin Projected Reference SCR

Overview

This calculator isolates one projected reference-undertaking SCR amount used in the Article 37 risk-margin projection.[1][2]

Input Terms

  • Reference Undertaking SCR at t=0: The opening SCR amount sourced from the Article 38 reference-undertaking calculator.
  • Projected Run-Off Factor: The remaining-risk factor for the selected projection year.
  • Closing Net Technical Provisions: The projected closing net technical provisions used to show the required-assets bridge.

Technical Rationale

The calculator applies the scoped projection relationship:

`Projected reference SCR = Reference undertaking SCR at t=0 x run-off factor`

It also shows the required-assets bridge as projected closing net technical provisions plus projected reference SCR.

Important Notes

  • This calculator does not derive the Article 38 reference-undertaking SCR. Use `risk-margin-reference-undertaking-scr` for that upstream amount.
  • The run-off factor is a prepared input in this atomistic calculator; evidence over the projection basis remains internal audit scope.
  • The projected SCR feeds the discounted-SCR term calculator and the final risk-margin chain.

Sources

  1. Delegated Regulation (EU) 2015/35 - Art. 37 (Risk margin) - EIOPA
  2. Delegated Regulation (EU) 2015/35 - Art. 38 (Reference undertaking for the risk margin) - EIOPA

Default values are illustrative sample inputs for navigation, training, and QA. Replace them with controlled data before using the result in capital analysis, governance, or reporting decisions.