Article R352-29 of the French Insurance Code
November 7, 2023
I.-The Minimum Capital Requirement shall be calculated in accordance with the following principles: a) It shall be calculated in a clear and simple manner, and in such a way that the calculation can be verified ; b) It corresponds to an amount of eligible basic own funds below which policyholders and reinsured undertakings would be exposed to an unacceptable level of risk if the insurance or reinsurance undertaking were authorised…
