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Article R385-4 of the French Insurance Code

The stress tests referred to in Article L. 385-3 consist of a projection of the business of the supplementary occupational pension fund into the future. This projection is based on : a) A scenario extending the economic conditions existing at the date of the last financial statements; b) Worsened scenarios involving a fall in interest rates, a fall in financial returns from non-depreciable assets or a fall in the mortality…

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