Commission Delegated Regulation (EU) 2026/269

means a loan where a default of the obligor has occurred as referred to in Article 178(1) of Regulation (EU) No 575/2013;

means the pay-out of accounting profits other than dividends to shareholders, members or similar, including share buybacks;

means a geophysical peril characterised by a sudden movement of a block of the Earth’s crust along a geological fault and associated ground shaking;

means the expected present value of future cash flows which result from the inclusion in technical provisions of fees for servicing and management of funds relating to existing insurance and reinsurance index-linked and unit-linked contracts that are expected to be charged, but that may not be charged for any reason, other than because the insured event has occurred, regardless of the legal or contractual rights of the policyholder to discontinue the policy;’;

shall mean a contractual agreement between a business (the “assignor”) and a financial entity (the “factor”) in which the assignor assigns or sells its receivables to the factor in exchange for the factor providing the assignor with one or more of the following services with regard to the receivables assigned:;

means a hydrological peril involving the temporary inundation of normally dry land by water resulting from the overflow of inland or surface waters, including riverine or fluvial flooding, surface water or pluvial flooding caused by rainfall, or flash floods, whether resulting from fluvial, pluvial, or combined causes;

means a loan in respect of which forbearance measures as referred to in Article 47b(1) to (3) of Regulation (EU) No 575/2013 have been applied;

means the amount of taxes and the amount of any obligations or circumstances arising during the related reporting period which are likely to reduce the profits of the undertaking.’;

means any action that the administrative, management or supervisory body of an insurance or reinsurance undertaking may expect to carry out under specific future circumstances;’;

means exposures to central governments and central banks.

means a meteorological peril involving the fall of solid ice stones or pellets and includes severe convective storms, tornadoes and lightning;

shall mean the ownership, direct or by way of control, of eligible own funds of such related undertakings.’;

shall mean assets the cash flows of which are dependent on the performance of other underlying financial assets. 2.

means a geophysical peril involving the sinking of the ground due to natural or human-induced changes in subsurface conditions, including the shrinkage or swelling of clay soils.’

shall mean “absolute value of qualifying infrastructure corporate equity investments”.

shall mean “absolute value of qualifying infrastructure equity investments”;

shall mean “absolute value of type 1 equity investments”;

shall mean “absolute value of type 2 equity investments”;

means a meteorological peril involving storm events characterised by high-velocity winds generated by atmospheric disturbances, including extratropical cyclones and tropical cyclones;