EBU Single Rulebook Q&A 6 August 2018 2018_4184 Aggregated first loss under credit insurance

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European Union · · · 26-02-2021

Is the requirement in Article 213(1)(b) CRR met in case of a credit insurance whose contractual terms provide that the institution shall bear a first loss, which is calculated at aggregate level with regard to several different exposures?

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