We use necessary cookies to make our site work (for example, to manage your usage journey on the site). We also use some additional cookies (including third-party cookies) to help us improve the site functionality and user experience. For more information, on how these cookies work please see our Cookie policy.
(a) (for a firm which is not a Solvency II firm) a technical provision established in accordance with the Insurance Company – Technical Provisions part of the PRA Rulebook.7265
(b) (for a Solvency II firm) means the technical provisions established in accordance with PRA Rulebook Solvency II Firms: Technical Provisions rule 2.1.65