2024 SFCR Report
................................................................................................................... 80 E.4 Differences between the Standard Formula and any internal model used ........................ 80 E.5 Non-compliance with the Minimum Capital Requirement (MCR) and non-compliance with the 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 December 2024, with prior year comparatives (in