EIOPA publishes the first part of the updated Technical Specifications for the valuation of Solvency II Balance Sheet

The updated Technical Specifications (TS) is a working document that EIOPA
recommends to insurance and reinsurance undertakings to use in any
quantitative assessments.

EIOPA decided to publish the updated TS in order to help participants in
the upcoming Long Term Guarantee Assessment (LTGA) to better prepare for
the exercise, whenever it is agreed between the trialogue parties.

However, the first part of the updated TS contains only general
specifications that don't depend on the Long Term Guarantee (LTG)
package. The LTG-related technical specifications are still under
political discussions and will be published by EIOPA in due course as a
second part.

The first part of the updated TS and the respective Annexes can be viewed
here (Link:
https://eiopa.europa.eu/consultations/qis/insurance/preparatory-forthcoming-assessments/index.html
).

The undertakings are kindly asked to submit their questions to their
supervisory authorities. Questions and answers of general interest will be
made publicly available on EIOPA website.


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