EIOPA · 1820
1820
- Regulation
- (EU) No 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII)
- Article
- 136
- Submitted
- 2019-06-13
- Answered
- 2019-09-13
Question
Should reserves relating to claims incurred (e.g. Incurred But Not Reported and Reported But Not Settled etc.) be included in the calculation of the mortality SCR stress?(a) where an explicit qx is used in the calculation?(b) where an implicit qx is used in the calculation?
Does the "instantaneous" permanent increase apply to deaths that have already happened, but where uncertainty remains? And is there examples of any specificities of the insurance contract that would be an exception to this?
Answer
Please refer to Q&A 1677.
This Q&A is published by European Insurance and Occupational Pensions Authority and is non-binding. It does not constitute legal advice. Updated weekly from official ESA sources.
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