2025-11-17
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 September 2025 to 30 December 2025. This requirement applies to the relevant risk-free interest rate term structures, fundamental spreads for the matching adjustment, and volatility adjustments set out in the Regulation's Annexes. The Regulation entered into force on 19 November 2025 and applies retroactively from 30 September 2025.