Financial Risk Manager Part 1
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In Solvency II, which of the following is true?
A
If capital falls below the solvency capital requirement, an insurance company is not allowed to take on further business.
B
If capital falls below the solvency capital requirement, an insurance company's policies may be transferred to another insurance company.
C
Insurance companies are only required to formulate a solvency capital plan if capital falls below the minimum capital requirement.