Industriforsikring AS, the Norwegian insurer reported a capital ratio of 264% in its 2023 Solvency II Solvency and Financial Condition Report (SFCR).
The majority of regulatory capital (Eligible Own Funds to meet the SCR) comprise of tier 1 restricted captital, and a small portion is allocated to tier 2 capital. In 2016 the company also reported some tier 3 capital.
