Regulatory Alerts2026-02-17
Added · Updated
Commission Implementing Regulation (EU) 2026/349 on technical information for calculating technical provisions and basic own funds
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 31 December 2025 until 30 March 2026. Article 1 requires the use of risk-free interest rate term structures, fundamental spreads for matching adjustments, and volatility adjustments as detailed in Annexes I, II, and III. This Regulation entered into force on 18 February 2026 and applies retroactively from 31 December 2025.