Search

calculate

Did you mean

result(s)

Gave 6 results

How and at what rate is the capital gains tax calculated?

The capital gains tax rate is 10%. Capital gains tax applies only to capital gains realized on or after January 1, 2026. Capital gains accrued before that date are exempt. For contracts entered into on or after January 1, 2026, the taxable capital gain is the positive difference between the paid-out capital and the total amount of premiums paid. For contracts entered into before January 1, 2026, the reserve as of December 31, 2025 (the “snapshot date”) serves as the reference value. In this case

2023 SFCR Report

E.2 (d) Undertaking specific parameters and capital add-ons ..................................................... 81 E.2 (e) Information on inputs used to calculate the Minimum Capital Requirement (MCR) ......... 81 E.2 (f) Material changes to Solvency... sufficient capital at all times to meet the regulatory solvency requirements. The Company’s Solvency Capital Requirement (“SCR”) is calculated using the Standard Formula set by the European Insurance and Occupational Pension Authority (“EIOPA

2025 SFCR Report

capital at all times to meet the regulatory solvency requirements. The Company’s Solvency Capital Requirement (“SCR”) is calculated using the Standard Formula set by the European Insurance and Occupational Pension Authority (“EIOPA”). The following table

2024 SFCR Report

inputs used to calculate the Minimum Capital Requirement (MCR) ......... 79 E.2 (f) Material changes to Solvency Capital Requirement (SCR) and Minimum Capital Requirement (MCR)over the reporting period...”) is calculated using the Standard Formula set by the European Insurance and Occupational Pension Authority (“EIOPA”). The following table summarizes the Company’s Own Funds and solvency position at 31 December 2024, with prior year comparatives (in

2022 SFCR Report

that there is sufficient capital at all times to meet the regulatory solvency requirements. The Company’s Solvency Capital Requirement (“SCR”) is calculated using the Standard Formula set by the European Insurance and Occupational Pension Authority

2021 SFCR Report

. The Company’s Solvency Capital Requirement (“SCR”) is calculated using the Standard Formula set by the European Insurance and Occupational Pension Authority (“EIOPA”). The following table summarizes the Company’s Own Funds and solvency position at 31