EIOPA · 2072

Solvency Capital Requirement (SCR)

Name: Solvency Capital Requirement (SCR): EIOPA Q&A — EU Financial Regulatory Q&A
Creator: European Insurance and Occupational Pensions Authority
License: https://creativecommons.org/licenses/by/4.0/

Regulation: (EU) No 2009/138 - Solvency II Directive (Insurance and Reinsurance)
Article: 75
Topic: Solvency Capital Requirement (SCR)
Submitted: 2019-11-22
Answered: 2020-09-11

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Question

We would like to ask one more time about the right way of treating lease assets under IFRS 16 during SCR calculation.

Background

IFRS 16, Q&A 1809

Answer

That is correct, it is important to acknowledge the necessity for a market-consistent valuation in accordance with Art. 75 of the Solvency II Directive.

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