Groups within Article 212 subject to group supervision under Article 213(2)(a)–(b) may be classified as small and non-complex by the group supervisor where, for the last two financial years, they meet prescribed group-level thresholds. Life-related thresholds include interest rate risk ≤5% of consolidated technical provisions and consolidated life technical provisions ≤ EUR 1 000 000 000. Non-life thresholds include averaged combined ratio (net) 100%, annual gross written premium ≤ EUR 100 000 000 and specified classes ≤30% of non-life premiums. Cross‑border premium limits apply (EUR 20 000 000 or 10%). Investment- and counterparty-related capital requirements are capped at 20% of total investments; reinsurance accepted ≤50% of premiums; solvency differences under Articles 230/233/233a must be positive; where method 2 is used each method‑2 undertaking must be small and non-complex. The interest-rate and investment caps do not apply where only method 2 is used.

Article 29b applies mutatis mutandis at the ultimate parent level and groups under supervision for less than two years may rely on the last financial year only. Groups that may never be classified as small and non-complex include financial conglomerates under Directive 2002/87/EC, groups with a subsidiary referred to in Article 228(1), and groups using an approved partial or full internal model for the group Solvency Capital Requirement. Articles 29c–29e apply mutatis mutandis. The Commission will adopt delegated acts specifying the criteria, methodology and conditions for granting or withdrawing approval for proportionality measures.