1. The linear formula component for non-life insurance and reinsurance obligations shall be equal to the following:
where:
(a) the sum covers all segments set out in Annex XIX;
(b) TP(nl,s) denotes the technical provisions without a risk margin for non-life insurance and reinsurance obligations in the segment s after deduction of the amounts recoverable from reinsurance contracts and special purpose vehicles, with a floor equal to zero;
(c) Ps denotes the premiums written for insurance and reinsurance obligations in the segment s during the last 12 months, after deduction of premiums for reinsurance contracts, with a floor equal to zero;
(d) the factors αs and βs are set out in Annex XIX.
2. Technical provisions referred to in point (b) of paragraph (1) shall not include any of the following amounts:
(a) amounts recoverable from reinsurance contracts or special purpose vehicles that cannot be taken into account in accordance with of Article 41(3) and (5);
(b) amounts recoverable fro
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