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justification from a legal perspective, the reference to ‘current exit value’ is not appropriate, to the extent that such concept has not been legally defined.
the calculation of technical provisions shall make use of and be consistent with information provided by the financial markets and generally available data on underwriting risks (market consistency).
or. en justification the inclusion of the term "current exit value", which is not explicitly defined in the solvency ii framework directive, could result in a misleading principle and a consequent inappropriate application.
the calculation of technical provisions shall be based on the current value of all future cash flows necessary to the settlement or transfer of all remaining obligations of existing insurance contracts.
during partial melting, the parts (1,2) are stopped at the moments when the weld current reaches a predetermined current stopping value and the parts (1,2) are brought into oscillating movement.
during partial melting, the parts (1, 2) are stopped at the moments when the weld current reaches a predetermined current stopping value and the parts (1, 2) are brought into oscillating movement.
