Kindlustusandja peab vähemalt kord aastas standardvalemi, sisemudeli või osalise sisemudeli alusel tegevuse jätkuvuse printsiibist lähtudes arvutama solventsuskapitalinõude ning esitama arvutuse tulemused Finantsinspektsioonile.
Insurance and reinsurance undertakings calculating the Solvency Capital Requirement on the basis of an internal model should use the internal model in their risk-management system and in their decision-making processes in a way that creates incentives to improve the quality of the internal model itself.
An internal model can only play an important role in the system of governance of an insurance or reinsurance undertaking where it is adapted to the business of the undertaking and understood by the persons who base decisions on its outputs. The use test for internal models should therefore ensure that approved internal models are appropriate to the business of the undertaking and are understood by the persons who effectively run the undertaking.
