Question ID: 3402
Regulation Reference: (EU) No 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII)
Topic: Other
Status: Rejected
Date of submission: 06 Aug 2025
Question
In order to assess the effect of the Solvency II review, we are currently attempting to determine the volatility adjustment in accordance with the current draft of the Delegated Regulation. Could you please send us the risk-adjusted spread (RCS) as of December 31, 2024, in accordance with the draft?
Background of the question
Currently, the result of our own calculation of the VA in force differ by 1bp from the official volatility adjustment. In order to avoid errors in calculating the VA according to the draft, we would appreciate it if you could provide us with the RCS as of December 31, 2024.
EIOPA answer
This question has been rejected because the matter it refers to is related to the draft Commission Delegated Regulation amending Delegated Regulation (EU) 2015/35 as regards technical provisions, long-term guarantee measures, own funds, equity risk, spread risk on securitisation positions, other standard formula capital requirements, reporting and disclosure, proportionality and group solvency, which is not yet in force and currently under public consultation.