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Commission Implementing Regulation (EU) 2017/1421 of 2 August 2017 laying down technical information for the calculation of technical provisions and basic own funds for reporting with reference dates from 30 June until 29 September 2017 in accordance with Directive 2009/138/EC of the European Parliament and of the Council on the taking-up and pursuit of the business of Insurance and Reinsurance (Text with EEA relevance. )

Type Implementing Regulation
Publication 2017-08-05
State In force
Text As published
Department European Commission, FISMA
Source EUR-Lex
articles 2

This is the act as published. Later amendments are not folded into the text below: each one is a separate act in this repository and an entry in this law's history.

Reform history JSON API
Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 87 101 108 131 254 349 3 408
2 87 102 108 132 254 376 2 544
3 86 102 110 136 248 390 1 921
4 86 103 113 140 246 389 1 483
5 87 104 116 141 245 379 1 173
6 87 106 118 144 244 364 950
7 88 108 119 145 244 347 784
8 88 109 120 148 244 337 658
9 88 109 121 150 243 336 559
10 86 108 121 150 241 334 481
11 85 106 120 149 239 332 417
12 83 104 118 148 237 331 364
13 81 103 116 146 235 329 329
14 79 101 114 144 233 327 327
15 77 99 112 142 232 325 325
16 75 97 110 140 229 323 323
17 73 95 108 138 228 321 321
18 72 93 107 137 226 319 319
19 70 92 105 135 225 318 318
20 69 91 104 134 224 317 317
21 68 90 103 133 223 316 316
22 67 89 102 132 222 315 315
23 66 88 101 131 221 314 314
24 65 87 100 130 220 313 313
25 64 86 99 129 218 312 312
26 63 84 98 128 217 311 311
27 62 83 97 127 216 309 309
28 61 82 95 126 215 308 308
29 60 81 94 125 214 307 307
30 59 80 93 124 213 306 306

3.20.   Mexican peso

Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 347 361 368 391 514 610 3 465
2 71 86 93 116 239 380 2 575
3 74 89 98 124 236 393 1 939
4 77 93 104 130 236 392 1 496
5 79 96 109 134 237 381 1 183
6 81 100 112 138 238 366 958
7 83 103 114 140 239 349 791
8 84 105 116 144 239 333 664
9 85 106 118 147 240 333 565
10 85 106 119 149 239 333 485
11 85 106 120 150 239 333 421
12 85 107 120 150 239 333 368
13 85 107 120 150 240 333 333
14 86 108 121 151 240 334 334
15 87 108 121 152 241 334 334
16 88 109 122 153 242 335 335
17 89 110 124 154 243 336 336
18 90 111 125 155 244 338 338
19 91 112 126 156 245 338 338
20 92 113 126 156 246 339 339
21 92 113 126 157 246 339 339
22 92 113 126 156 246 339 339
23 91 113 126 156 245 339 339
24 90 112 125 155 245 338 338
25 89 111 124 154 244 337 337
26 88 110 123 153 243 336 336
27 87 109 122 152 242 335 335
28 86 107 121 151 240 333 333
29 85 106 119 149 239 332 332
30 83 105 118 148 238 331 331

3.21.   New Taiwan dollar

Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 0 4 11 34 157 309 3 115
2 0 4 11 34 157 347 2 322
3 1 4 13 39 151 359 1 753
4 1 4 15 42 148 358 1 353
5 2 6 18 43 147 349 1 071
6 2 8 19 45 146 335 868
7 3 10 21 47 145 319 717
8 4 10 23 49 145 302 602
9 4 10 26 51 143 284 512
10 4 10 29 52 143 267 441
11 4 10 31 53 143 251 382
12 6 10 34 53 143 236 335
13 6 11 36 53 143 236 295
14 6 12 39 54 143 236 261
15 6 13 42 54 143 237 237
16 7 13 44 54 143 236 236
17 8 15 47 55 144 237 237
18 8 16 50 57 144 237 237
19 9 16 52 60 145 238 238
20 9 17 55 61 146 239 239
21 9 19 58 64 146 240 240
22 10 19 60 66 147 240 240
23 10 20 62 68 148 241 241
24 11 21 65 71 148 242 242
25 11 22 68 73 149 242 242
26 11 22 71 75 149 242 242
27 12 24 73 77 150 243 243
28 12 25 76 80 150 243 243
29 13 25 78 81 150 243 243
30 14 27 81 83 150 244 244

3.22.   New Zealand dollar

Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 48 63 70 93 216 316 3 192
2 49 64 70 94 216 355 2 385
3 49 64 73 99 211 369 1 803
4 48 64 75 102 207 368 1 394
5 48 65 78 103 206 359 1 104
6 49 68 79 105 206 345 895
7 49 69 80 106 204 329 740
8 48 69 81 108 204 311 621
9 48 69 81 110 203 296 529
10 47 68 82 111 202 295 455
11 46 67 80 110 200 293 395
12 44 65 79 109 198 292 345
13 42 64 77 107 197 290 304
14 41 62 75 106 195 288 288
15 39 61 74 104 194 287 287
16 37 59 72 102 192 285 285
17 36 58 71 101 191 284 284
18 35 57 70 100 189 283 283
19 34 56 69 99 188 282 282
20 34 55 68 98 188 281 281
21 33 54 68 98 187 281 281
22 32 54 67 97 187 280 280
23 32 53 66 96 186 279 279
24 31 52 67 96 185 279 279
25 30 52 70 95 185 278 278
26 29 51 72 94 184 277 277
27 29 50 75 94 183 276 276
28 28 50 77 93 182 276 276
29 27 49 81 92 182 275 275
30 27 48 83 92 181 274 274

3.23.   Rand

Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 109 124 130 154 276 372 3 463
2 110 125 131 155 277 381 2 582
3 111 126 135 161 273 396 1 950
4 112 128 139 166 271 395 1 506
5 113 130 143 168 271 385 1 193
6 114 133 145 170 271 370 966
7 115 135 146 172 270 364 798
8 114 135 146 174 270 363 670
9 114 135 147 176 269 362 570
10 113 134 147 177 267 361 491
11 111 133 146 176 266 359 426
12 109 131 144 174 264 357 372
13 107 129 142 172 262 355 355
14 105 127 140 170 259 353 353
15 103 124 137 167 257 350 350
16 100 121 135 165 254 348 348
17 98 119 132 162 252 345 345
18 95 117 130 160 250 343 343
19 93 115 128 158 248 341 341
20 92 113 126 156 246 339 339
21 90 111 125 155 244 337 337
22 88 110 123 153 242 336 336
23 86 108 121 151 241 334 334
24 84 106 119 149 239 332 332
25 83 104 117 147 237 330 330
26 81 102 116 146 235 329 329
27 79 101 114 144 234 327 327
28 78 99 112 142 232 325 325
29 76 98 111 141 230 324 324
30 75 96 109 139 229 322 322

3.24.   Real

Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 169 184 190 214 336 432 3 515
2 178 193 199 223 345 441 2 638
3 182 197 206 232 344 439 2 002
4 182 199 210 236 342 436 1 549
5 183 200 213 238 341 435 1 227
6 183 202 213 239 340 433 994
7 183 203 214 240 338 432 821
8 181 202 213 241 337 430 688
9 180 201 213 242 335 428 585
10 179 200 214 243 334 427 503
11 177 199 212 242 332 425 436
12 175 196 209 239 329 422 422
13 172 193 206 236 326 419 419
14 169 190 203 233 323 416 416
15 165 187 200 230 320 413 413
16 162 184 197 227 316 410 410
17 159 180 194 224 313 406 406
18 156 177 190 220 310 403 403
19 152 174 187 217 307 400 400
20 149 171 184 214 304 397 397
21 146 168 181 211 301 394 394
22 143 165 178 208 298 391 391
23 140 161 175 205 294 388 388
24 137 158 172 202 291 384 384
25 134 155 168 198 288 381 381
26 131 152 165 195 285 378 378
27 128 149 162 192 282 375 375
28 125 146 159 190 279 372 372
29 122 143 157 187 276 370 370
30 119 141 154 184 274 367 367

3.25.   Renminbi-yuan

Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 22 36 43 66 189 323 3 261
2 22 37 44 67 190 362 2 432
3 22 37 46 72 184 375 1 836
4 22 38 49 76 181 374 1 418
5 22 40 52 77 181 364 1 122
6 23 42 54 79 180 350 910
7 24 44 55 81 179 333 752
8 23 43 55 82 178 316 631
9 22 43 56 85 177 297 537
10 22 43 57 86 177 280 461
11 21 43 56 86 176 269 400
12 21 42 56 86 175 268 350
13 20 42 55 85 175 268 308
14 20 41 54 85 174 267 272
15 19 41 54 84 174 267 267
16 19 41 54 84 174 267 267
17 19 41 54 84 174 267 267
18 19 41 54 84 174 267 267
19 19 41 54 84 174 267 267
20 20 41 57 84 174 267 267
21 20 41 59 84 174 267 267
22 20 41 62 84 174 267 267
23 19 41 65 84 174 267 267
24 19 41 67 84 174 267 267
25 19 41 70 84 173 267 267
26 19 40 72 84 173 266 266
27 19 40 75 83 173 266 266
28 18 40 78 83 173 266 266
29 18 40 81 83 172 266 266
30 18 39 83 86 172 265 265

3.26.   Ringgit

Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 17 32 39 62 185 323 3 266
2 19 34 40 64 186 362 2 436
3 21 36 45 71 183 375 1 839
4 22 38 49 76 181 374 1 419
5 24 41 54 79 182 364 1 123
6 26 44 56 82 183 350 909
7 28 48 59 85 183 333 751
8 28 48 60 87 183 315 630
9 29 50 62 91 184 297 536
10 29 51 64 93 184 279 461
11 30 52 65 95 184 278 400
12 30 52 65 95 185 278 350
13 30 52 65 95 185 278 308
14 30 51 65 95 184 278 278
15 30 51 64 95 184 277 277
16 29 51 64 94 184 277 277
17 29 51 64 94 184 277 277
18 29 51 64 94 184 277 277
19 29 51 64 94 184 277 277
20 30 51 64 94 184 277 277
21 30 51 65 95 184 277 277
22 30 51 65 95 184 277 277
23 30 51 65 94 184 277 277
24 29 51 67 94 184 277 277
25 29 51 70 94 183 277 277
26 29 50 72 93 183 276 276
27 28 50 76 93 183 276 276
28 28 49 78 92 182 275 275
29 27 49 81 92 182 275 275
30 27 48 84 92 181 274 274

3.27.   Russian rouble

Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 119 133 140 163 286 381 3 549
2 117 132 138 162 284 388 2 636
3 116 131 140 166 278 401 1 984
4 115 131 142 169 275 399 1 528
5 115 133 145 170 274 388 1 206
6 115 134 146 172 272 372 975
7 116 136 147 173 271 364 803
8 115 135 147 174 270 364 673
9 114 135 147 176 269 362 572
10 114 135 149 178 269 362 491
11 113 135 148 178 268 361 425
12 112 134 147 177 267 360 371
13 111 133 146 176 265 359 359
14 110 131 145 175 264 357 357
15 108 129 142 172 262 355 355
16 105 127 140 170 260 353 353
17 103 124 137 167 257 350 350
18 100 122 135 165 255 348 348
19 98 120 133 163 253 346 346
20 96 118 131 161 250 344 344
21 94 115 129 159 248 341 341
22 92 113 126 156 246 339 339
23 89 111 124 154 244 337 337
24 87 109 122 152 242 335 335
25 85 107 120 150 239 333 333
26 83 104 118 148 237 331 331
27 81 102 116 146 235 328 328
28 79 100 114 144 233 326 326
29 77 98 112 142 231 324 324
30 75 96 110 140 229 323 323

3.28.   Singapore dollar

Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 0 3 9 33 155 312 3 141
2 0 5 12 35 158 350 2 346
3 1 7 16 42 153 363 1 773
4 1 9 20 47 152 362 1 371
5 2 12 24 49 153 353 1 086
6 2 15 27 53 154 339 880
7 3 19 30 56 154 323 727
8 4 19 31 58 154 306 611
9 4 20 33 61 154 289 520
10 4 21 34 63 154 272 447
11 4 21 34 64 154 255 388
12 6 21 35 64 154 247 340
13 6 21 37 64 153 247 299
14 6 20 39 64 153 246 265
15 6 20 42 64 153 246 246
16 7 20 45 63 153 246 246
17 8 20 48 63 153 246 246
18 8 20 50 63 153 246 246
19 9 20 53 63 153 246 246
20 9 21 55 64 154 247 247
21 10 21 58 65 154 247 247
22 10 22 61 67 155 248 248
23 10 22 63 69 155 248 248
24 11 22 66 71 155 248 248
25 11 23 68 73 155 249 249
26 11 23 71 75 156 249 249
27 12 24 73 78 156 249 249
28 12 25 76 80 156 249 249
29 14 25 79 82 156 249 249
30 14 27 81 84 156 250 250

3.29.   South Korean won

Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 30 44 51 74 197 314 3 165
2 30 45 51 75 197 352 2 360
3 29 44 53 79 191 365 1 781
4 28 44 55 81 187 363 1 375
5 28 45 57 82 186 354 1 088
6 31 49 61 87 188 339 881
7 28 48 59 85 184 323 727
8 33 53 65 92 188 306 610
9 32 53 65 94 187 288 519
10 26 48 61 90 181 274 446
11 22 43 56 86 176 269 387
12 18 39 53 83 172 266 338
13 15 37 50 80 170 263 298
14 13 35 48 78 168 261 264
15 12 33 46 77 166 259 259
16 10 32 45 75 165 258 258
17 9 31 47 74 164 257 257
18 9 30 50 73 163 256 256
19 9 30 52 73 163 256 256
20 9 30 55 73 163 256 256
21 9 30 58 73 163 256 256
22 10 30 60 73 163 256 256
23 10 30 63 73 163 256 256
24 11 30 66 73 163 256 256
25 11 30 68 73 163 256 256
26 11 30 71 75 162 256 256
27 12 30 73 77 162 256 256
28 12 29 76 80 162 256 256
29 13 29 78 81 162 255 255
30 14 29 81 84 162 255 255

3.30.   Turkish lira

Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 181 196 202 226 348 444 3 736
2 179 193 200 224 346 442 2 780
3 175 190 199 225 337 432 2 096
4 171 187 198 225 330 424 1 614
5 167 185 197 222 326 419 1 274
6 164 183 195 221 321 415 1 029
7 162 182 193 219 317 411 847
8 158 178 190 217 313 406 709
9 154 175 188 216 309 402 601
10 151 172 185 215 305 399 516
11 147 168 182 212 301 395 446
12 143 165 178 208 297 391 391
13 139 161 174 204 294 387 387
14 136 157 170 200 290 383 383
15 132 154 167 197 286 380 380
16 129 150 164 194 283 376 376
17 126 147 160 191 280 373 373
18 123 144 158 188 277 370 370
19 120 142 155 185 274 368 368
20 118 139 152 182 272 365 365
21 115 136 150 180 269 363 363
22 112 134 147 177 267 360 360
23 110 131 145 175 264 358 358
24 107 129 142 172 262 355 355
25 105 127 140 170 259 353 353
26 103 124 137 167 257 350 350
27 100 122 135 165 255 348 348
28 98 120 133 163 253 346 346
29 96 118 131 161 251 344 344
30 94 116 129 159 248 342 342

3.31.   US dollar

Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 0 15 26 54 172 313 3 162
2 0 15 26 54 172 352 2 360
3 1 17 29 58 169 365 1 782
4 1 20 32 63 168 364 1 377
5 2 23 37 69 169 354 1 090
6 4 26 40 70 170 340 883
7 6 31 42 72 170 324 730
8 8 34 46 74 171 307 612
9 10 37 49 76 171 289 521
10 11 38 51 76 171 272 448
11 12 40 52 78 171 265 389
12 12 41 54 79 171 265 340
13 13 42 54 80 172 265 299
14 13 43 55 80 172 265 265
15 14 43 55 80 172 265 265
16 14 43 55 80 171 265 265
17 14 43 55 80 171 265 265
18 14 43 55 80 171 265 265
19 14 43 55 80 172 265 265
20 14 43 55 80 172 265 265
21 14 43 58 80 172 266 266
22 14 43 61 80 173 266 266
23 14 43 63 80 173 266 266
24 14 43 66 80 173 266 266
25 14 43 68 80 173 266 266
26 14 43 71 80 173 266 266
27 14 43 73 80 173 266 266
28 14 43 76 80 173 266 266
29 14 43 79 82 173 266 266
30 14 43 81 84 173 266 266

3.32.   Yen

Duration (in years) Credit quality step 0 Credit quality step 1 Credit quality step 2 Credit quality step 3 Credit quality step 4 Credit quality step 5 Credit quality step 6
1 0 0 3 12 134 307 3 091
2 0 1 6 15 132 344 2 302
3 1 1 9 18 125 356 1 736
4 1 3 12 21 122 354 1 339
5 2 4 15 24 121 345 1 060
6 2 4 18 27 121 331 858
7 3 6 20 30 120 315 709
8 4 6 23 32 120 298 595
9 4 8 26 35 121 281 506
10 4 8 28 37 121 264 435
11 4 9 31 40 121 248 377
12 6 10 33 42 121 232 330
13 6 11 36 44 122 218 291
14 6 12 39 47 122 215 257
15 6 13 41 49 122 216 229
16 7 13 44 51 122 216 216
17 7 14 46 54 123 216 216
18 8 16 49 57 125 217 217
19 9 16 51 58 128 217 217
20 9 17 54 61 130 218 218
21 9 18 56 63 132 219 219
22 10 19 59 65 133 219 219
23 10 20 62 67 135 220 220
24 11 20 64 69 136 220 220
25 11 22 67 71 138 220 220
26 11 22 69 73 139 220 220
27 12 23 72 76 141 220 220
28 12 24 74 78 142 221 221
29 12 25 76 79 142 221 221
30 13 25 79 81 144 221 221

ANNEX III

Volatility adjustment to the relevant risk-free interest rate term structure

Currency National insurance market Volatility adjustment (in bps)
Euro Austria 9
Euro Belgium 9
Euro Cyprus 9
Euro Estonia 9
Euro Finland 9
Euro France 9
Euro Germany 9
Euro Greece 9
Euro Ireland 9
Euro Italy 9
Euro Latvia 9
Euro Lithuania 9
Euro Luxembourg 9
Euro Malta 9
Euro Netherlands 9
Euro Portugal 9
Euro Slovakia 9
Euro Slovenia 9
Euro Spain 9
Czech koruna Czech Republic 2
Danish krone Denmark 40
Forint Hungary 5
Krona Sweden 4
Kuna Croatia 7
Lev Bulgaria – 1
Pound sterling United Kingdom 21
Romanian leu Romania – 3
Zloty Poland 13
Króna Iceland 11
Norwegian krone Norway 21
Swiss franc Liechtenstein 1
Swiss franc Switzerland 1
Australian dollar Australia 10
Canadian dollar Canada 7
US dollar United States 40
Yen Japan 2

Reading this document does not replace reading the official text published in the Official Journal of the European Union. We assume no responsibility for any inaccuracies arising from the conversion of the original to this format.

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