Solvency II Preparatory Phase

Comparison with LTGA specifications

Solvency 2 will be in force on 1/1/2016. A preparatory phase has been initiated from 1/1/2014. In that context EIOPA has published new technical specifications applicable in that period. These are also the specifications used for the insurance stress test 2014.

You can download the latest changes in the technical specifications in the blue box at the left.

This document presents:

  • An analysis of the main changes between the Technical Specifications of the Long Term Guarantee Assessment and the Technical Specifications for the Preparatory Phase (Part 1).
  • A summary of the determination of the risk-free interest term structure and the transitional measures (Technical Specifications for the Preparatory Phase (Part 2))
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