Question ID: 637
Regulation Reference: (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities
Article: 35
Status: Final
Date of submission: 14 Sep 2016
Question
Please confirm whether the definition for the average interest rate is the annual effective rate calculated as the single discount rate
EIOPA answer
It should correspond to the average rate of revision assumed in the BE calculation (e.g relevant NL annuities increase approximately by 2 % due to future revisions)