2025-09-08
Added · Updated
The European Commission mandates that insurance and reinsurance undertakings use specific technical information for calculating technical provisions and basic own funds for reporting periods with reference dates from 30 June 2025 until 29 September 2025. This Regulation requires the use of risk-free interest rate term structures, fundamental spreads for matching adjustments, and volatility adjustments as set out in Annexes I, II, and III. These values are based on market data from the end of June 2025 and apply from 30 June 2025, with the Regulation entering into force the day following its publication in the Official Journal of the European Union.