Question ID: 2072
Regulation Reference: (EU) No 2009/138 - Solvency II Directive (Insurance and Reinsurance)
Topic: Solvency Capital Requirement (SCR)
Article: 75
Status: Final
Date of submission: 22 Nov 2019
Question
We would like to ask one more time about the right way of treating lease assets under IFRS 16 during SCR calculation.
Background of the question
IFRS 16, Q&A 1809
EIOPA answer
That is correct, it is important to acknowledge the necessity for a market-consistent valuation in accordance with Art. 75 of the Solvency II Directive.