EIOPA · 2237

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 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII)
Article: 174
Topic: Solvency Capital Requirement (SCR)
Submitted: 2021-01-14
Answered: 2021-06-11

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Question

Following Brexit, will there be a review of the current Standard Formula property shock (25%), which is currently calibrated on UK real estate market?

Background

As UK property market might be more volatile then the average European property market, the current property risk shock is potentially higher than what really reflects European property market risk profile post-Brexit.

Answer

This question has been rejected because it does not relate to the consistent and effective application of the legal framework covered by this Q&A process.

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