Q&A

Question

Regarding the sheet "Lapse risk information" of the Template "Reporting Template - updated on 4 August 2020 - EN" to be completed for the CIR on the holistic impact assessment of the Solvency II review :
- Would it be possible to clarify if the observed lapse rates to complete are the historical ones (i.e. from the accounting)?

Background of the question

Complementary information request (CIR) on the holistic impact assessment of the Solvency II review Reporting template - updated on 4 August 2020 - EN Sheet "Lapse risk information" 

EIOPA answer

Please note that a similar question has been responded in the context of the ad-hoc Q&A process established for the Complementary information request on the holistic impact assessment of the Solvency II review.

Please check the Q&A document published in our website web (see in particular question number 7)