EIOPA · 1825

1825

Regulation
Guidelines on reporting for financial stability purposes
Submitted
2019-01-24
Answered
2019-10-18
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Question

Do you expect the calculation of duration of Technial Provisons to include reinsurance related cashflows (net of reinsurance cashflows/cashflows to have net BEL), or only the cashflows used to calculate gross BEL?We use deterministic cashflows. There is no RM related cashflows. Is this in line with your expectation?

Answer

This template is reported on a best effort basis.We would expect the duration to be based on the cash-flows used to calculate the gross BEL.The use of deterministic cash-flows and no risk-margin related cash-flows is seen as appropriate for the duration reported in this template.
View original on European Insurance and Occupational Pensions Authority ↗

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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