Commission Implementing Regulation (EU) 2018/1699 laying down technical information for the calculation of technical provisions and basic own funds

The European Commission mandates that insurance and reinsurance undertakings use specific technical information to calculate technical provisions and basic own funds for reporting reference dates between 30 September 2018 and 30 December 2018. This requirement applies risk-free interest rate term structures, fundamental spreads for matching adjustments, and volatility adjustments as detailed in the regulation's annexes. The regulation entered into force on 14 November 2018 and applies retroactively from 30 September 2018.

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Source: European Insurance and Occupational Pensions Authority — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works