Glossary

Sii
Solvency II
DA
Delegated Acts
ITS
Implementing Technical Standards
QRT
Quantitative Reporting Template
IM
Internal model
ORSA
Own Risk and Solvency Assessment
NCA
National Competent Authority (eg PRA, DNB)
IMAP
Internal Model Application Process
MA
Matching Adjustment
SPV
Special Purpose Vehicle
USPs
Undertaking Specific Parameter
IR
Interest Rate
SCR
Solvency Capital Requirement
MCR
Minimum Capital Requirement
LT
Look-through
Govt
Government
P&L
Profit & loss
SFCR
Solvency and Financial Condition Report
RSR
Regular Supervisor
SoG
System of governance
SRP
Supervisory Review Process