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European Insurance and Occupational Pensions Authority
General publications

Supervisory statement on inflation


Publication date
22 December 2022


The Supervisory Statement addresses the main impacts of inflation on insurance and reinsurance undertakings, which may affect both life and non-life business.

It is issued to support the end of the year Solvency II calculations. The impact of the inflation is undertaking specific, and this Supervisory Statement aims mainly to raise awareness about the relevant Solvency II provisions. With regard to the proximity of the end of the year, this statement is issued to foster convergence and consistent supervisory approaches across Member States.


31 JANUARY 2023
Supervisory statement on inflation.pdf