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ARTICLE · 05 FEBRUARY 2013

EIOPA Issues Solvency II Technical Specification

A summary of the revised technical specifications for the Solvency II valuation and Solvency Capital Requirements calculations.

IrelandInsurance

Revised technical specifications for the Solvency II valuation and Solvency Capital Requirements calculations (Part I)

EIOPA has recently published a revised technical specification for the Solvency II valuation and solvency capital requirements calculations (Part I). The updated technical specification is a working document proposed by EIOPA to be used by insurance and reinsurance undertakings when performing calculations for future quantitative assessments of the Solvency II requirements. There are essential parts of the valuation framework still under political discussion and the document is not, therefore, intended to be a complete set of technical specifications for the Solvency II balance sheet valuation or the Solvency Capital Requirements calculations.

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