Where Article 88 is complied with, insurance and reinsurance undertakings may calculate the capital requirement for life longevity risk calculated as follows:

SCR_longevity = 0,2 • q • n • 1,1^{(n - 1)/2} • BE_long

where, with respect to the policies referred to in Article 138(2):

(a) q denotes the expected average mortality rate of the insured persons during the following 12 months weighted by the sum insured;

(b) n denotes the modified duration in years of the payments to beneficiaries included in the best estimate;

(c) BE_long denotes the best estimate of the obligations subject to longevity risk.