Mostly subordinated debt taking the form of loans or traded securities. Under EU insurance regulation, subordinated debt is not treated as a liability and counts towards the coverage of the required minimum margin of solvency, with limitations.
Found on http://www.encyclo.co.uk/local/20197
Mostly subordinated debt taking the form of loans or traded securities. Under EU insurance regulation, subordinated debt is not treated as a liability and counts towards the coverage of the required minimum margin of solvency, with limitations.