EIOPA · 1824
1824
- Regulation
- (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities
- Article
- 35
- Submitted
- 2019-04-11
- Answered
- 2019-10-15
Question
Is Annualized guaranteed rate expected under Accepted reinsurance? Could you give one example if yes?
Answer
The log files explain: "Average guaranteed rate to the policy holder over the remaining life time of the contract. Only applicable where a guaranteed rate is provided in the contract. Not applicable for unit linked contracts."
In case the HRG is 'accepted reinsurance' EIOPA could imagine in some cases, that a guaranteed interest rate is part of the reinsurance contract. In such a case it is expected that this annualized rate is reported within the appropriate HRG.
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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