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Commission Implementing Regulation (EU) 2018/165 of 31 January 2018 laying down technical information for the calculation of technical provisions and basic own funds for reporting with reference dates from 31 December 2017 until 30 March 2018 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 2018-02-03
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 42 56 63 86 208 316 3 189
2 42 56 63 86 208 355 2 380
3 41 56 65 91 202 368 1 798
4 40 56 67 94 199 367 1 388
5 40 57 70 94 198 357 1 099
6 41 59 71 96 196 343 890
7 41 61 72 97 195 326 735
8 40 60 72 99 194 309 617
9 39 60 72 101 193 291 525
10 39 60 73 102 192 285 452
11 38 59 73 102 191 284 392
12 37 59 72 102 191 284 343
13 37 58 71 101 190 283 302
14 36 57 70 100 189 282 282
15 35 57 70 99 188 282 282
16 34 56 69 98 187 281 281
17 34 55 68 98 187 280 280
18 33 54 67 97 186 279 279
19 33 54 67 97 186 279 279
20 33 54 67 97 186 279 279
21 32 54 67 97 186 279 279
22 32 53 66 96 185 278 278
23 32 53 66 96 185 278 278
24 31 52 66 95 184 277 277
25 30 52 68 95 184 277 277
26 30 51 71 94 183 276 276
27 29 50 74 93 182 275 275
28 29 50 77 93 182 275 275
29 28 49 79 92 181 274 274
30 27 49 82 92 181 274 274

3.14   Baht

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 10 24 31 54 176 313 3 154
2 14 28 35 58 180 351 2 355
3 17 32 40 66 178 365 1 780
4 19 35 46 72 178 364 1 376
5 22 39 51 76 179 354 1 090
6 21 39 51 77 177 340 883
7 27 46 57 83 181 324 730
8 25 45 57 84 179 307 613
9 26 47 59 88 180 290 521
10 28 49 62 92 182 275 448
11 30 51 64 94 183 276 389
12 30 52 65 95 184 277 340
13 31 52 65 95 184 277 299
14 31 52 66 95 184 277 277
15 31 53 66 95 184 278 278
16 31 52 65 95 184 277 277
17 31 52 65 95 184 277 277
18 30 51 64 94 183 276 276
19 30 51 64 94 183 276 276
20 30 51 64 94 183 276 276
21 30 51 64 94 183 276 276
22 29 51 64 93 182 276 276
23 29 50 63 93 182 275 275
24 29 50 66 93 182 275 275
25 28 49 68 92 181 274 274
26 28 49 71 92 181 274 274
27 27 48 73 91 180 273 273
28 27 48 77 91 180 273 273
29 26 47 79 90 179 272 272
30 26 47 82 90 179 272 272

3.15   Canadian 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 9 23 29 52 174 315 3 179
2 10 24 31 54 176 354 2 375
3 10 26 34 60 171 367 1 793
4 11 27 38 64 169 365 1 384
5 12 29 41 66 169 356 1 095
6 14 32 44 69 169 342 887
7 15 35 46 72 169 325 732
8 15 35 47 74 169 308 614
9 16 37 49 77 170 290 522
10 16 38 51 80 170 272 449
11 17 38 51 81 170 263 390
12 17 38 51 81 170 263 341
13 17 38 51 81 170 263 300
14 17 39 52 81 170 263 266
15 17 39 52 82 171 264 264
16 17 38 51 81 170 263 263
17 17 38 51 81 170 263 263
18 17 38 51 81 170 263 263
19 17 38 53 81 170 263 263
20 17 39 55 81 170 263 263
21 17 39 58 81 170 264 264
22 17 38 61 81 170 263 263
23 17 38 63 81 170 263 263
24 16 38 66 81 170 263 263
25 16 37 68 80 169 262 262
26 16 37 71 80 169 262 262
27 15 37 73 80 169 262 262
28 15 36 76 80 168 261 261
29 15 36 79 81 168 261 261
30 14 36 81 84 168 261 261

3.16   Chilean 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 45 59 66 89 211 319 3 218
2 48 62 68 92 213 358 2 407
3 50 65 74 99 211 373 1 823
4 51 67 78 104 209 372 1 410
5 52 70 82 107 210 363 1 118
6 54 73 85 110 210 349 906
7 56 75 86 112 210 333 749
8 55 75 87 114 209 315 629
9 55 76 88 117 209 302 536
10 56 77 90 119 209 302 461
11 55 77 90 119 209 302 400
12 55 76 89 119 208 301 350
13 54 75 88 118 207 300 308
14 53 74 87 117 206 299 299
15 52 73 86 116 205 298 298
16 51 72 86 115 204 297 297
17 50 72 85 115 204 297 297
18 50 71 84 114 203 296 296
19 49 70 83 113 202 295 295
20 48 69 83 112 201 294 294
21 47 69 82 112 201 294 294
22 47 68 81 111 200 293 293
23 46 67 80 110 199 292 292
24 45 66 79 109 198 291 291
25 44 65 78 108 197 290 290
26 43 64 77 107 196 289 289
27 42 63 76 106 195 288 288
28 41 62 78 105 194 287 287
29 40 62 81 104 193 287 287
30 39 61 84 104 193 286 286

3.17   Colombian 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 76 90 97 120 242 337 3 323
2 80 94 101 124 246 369 2 487
3 80 95 104 129 241 384 1 885
4 79 95 106 132 237 384 1 459
5 82 99 111 136 239 375 1 157
6 84 102 114 139 239 361 938
7 85 105 116 142 240 344 776
8 86 107 118 145 241 334 652
9 87 108 120 149 241 334 555
10 88 109 122 151 241 334 477
11 87 109 122 151 241 334 414
12 87 108 121 151 240 333 362
13 85 106 120 149 238 331 331
14 84 105 118 148 237 330 330
15 82 104 117 146 235 329 329
16 81 102 115 145 234 327 327
17 79 101 114 144 233 326 326
18 78 99 112 142 231 324 324
19 77 98 111 141 230 323 323
20 75 97 110 140 229 322 322
21 74 95 108 138 227 320 320
22 72 94 107 137 226 319 319
23 71 92 105 135 224 317 317
24 69 91 104 134 223 316 316
25 68 89 102 132 221 314 314
26 66 87 101 130 219 312 312
27 65 86 99 129 218 311 311
28 63 84 97 127 216 309 309
29 62 83 96 126 215 308 308
30 60 81 95 124 213 306 306

3.18   Hong Kong 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 2 16 22 46 167 314 3 170
2 5 19 26 49 171 353 2 368
3 7 22 31 56 168 366 1 789
4 9 25 36 62 167 365 1 381
5 11 28 40 65 169 355 1 094
6 13 32 44 69 169 341 886
7 15 35 46 72 169 325 731
8 15 36 47 74 170 307 614
9 16 37 49 78 170 290 522
10 16 38 51 80 170 272 449
11 17 38 51 81 170 263 389
12 16 38 51 80 169 263 341
13 16 37 50 80 169 262 300
14 15 36 49 79 168 261 265
15 14 36 49 78 167 261 261
16 13 35 48 78 167 260 260
17 13 34 48 77 166 259 259
18 13 34 51 77 166 259 259
19 12 34 53 77 166 259 259
20 13 34 55 77 166 259 259
21 13 34 58 77 166 259 259
22 13 34 61 77 166 259 259
23 13 34 63 77 166 259 259
24 13 34 66 77 166 259 259
25 12 34 68 77 166 259 259
26 12 34 71 76 165 259 259
27 12 33 73 78 165 258 258
28 12 33 77 80 165 258 258
29 14 33 79 82 165 258 258
30 14 33 82 85 165 258 258

3.19   Indian rupee

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 87 102 108 131 253 349 3 434
2 88 102 109 132 254 380 2 567
3 87 102 111 136 248 394 1 940
4 87 103 113 140 245 393 1 499
5 87 104 116 141 244 383 1 187
6 88 106 118 144 244 368 961
7 89 108 119 145 243 351 794
8 89 109 120 148 243 336 666
9 88 109 121 150 242 335 566
10 87 108 121 150 240 333 487
11 85 107 120 149 238 332 422
12 83 105 118 148 237 330 369
13 82 103 116 146 235 328 328
14 80 101 114 144 233 326 326
15 78 99 112 142 231 324 324
16 76 97 110 140 229 322 322
17 74 95 108 138 227 320 320
18 72 94 107 137 226 319 319
19 71 92 105 135 224 317 317
20 70 91 104 134 223 316 316
21 69 90 103 133 222 315 315
22 68 89 102 132 221 314 314
23 67 88 101 131 220 313 313
24 66 87 100 130 219 312 312
25 65 86 99 129 218 311 311
26 63 85 98 128 217 310 310
27 62 84 97 126 215 309 309
28 61 82 96 125 214 307 307
29 60 81 95 124 213 306 306
30 59 80 94 123 212 305 305

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
1 343 357 364 387 509 604 3 517
2 73 87 93 116 238 387 2 623
3 75 90 99 124 236 400 1 976
4 77 94 104 131 236 398 1 523
5 80 97 109 134 237 388 1 204
6 82 100 112 138 238 372 974
7 84 103 114 140 238 354 804
8 85 105 117 144 239 335 674
9 85 106 118 147 239 332 573
10 86 107 120 149 239 332 492
11 86 107 120 150 239 332 427
12 86 107 120 150 239 332 373
13 86 107 120 150 239 332 332
14 87 108 121 151 240 333 333
15 87 109 122 152 241 334 334
16 88 110 123 152 241 335 335
17 89 111 124 154 243 336 336
18 90 112 125 155 244 337 337
19 91 113 126 156 245 338 338
20 92 113 126 156 245 338 338
21 92 114 127 156 245 339 339
22 92 113 126 156 245 338 338
23 92 113 126 156 245 338 338
24 91 112 125 155 244 337 337
25 90 111 124 154 243 336 336
26 89 110 123 153 242 335 335
27 88 109 122 152 241 334 334
28 86 108 121 150 239 333 333
29 85 106 119 149 238 331 331
30 84 105 118 148 237 330 330

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 34 156 309 3 110
2 0 4 11 34 156 346 2 318
3 1 4 13 39 150 359 1 750
4 1 5 15 42 147 357 1 351
5 2 6 18 43 146 348 1 069
6 2 8 19 45 145 334 866
7 3 10 21 47 145 318 716
8 4 10 23 48 144 301 601
9 4 10 26 51 143 284 511
10 4 10 29 52 142 267 440
11 4 10 31 53 142 251 382
12 6 10 34 53 142 235 334
13 6 11 36 53 142 235 294
14 6 12 39 53 142 235 261
15 6 13 42 54 143 236 236
16 7 13 44 53 142 236 236
17 8 15 47 55 143 236 236
18 8 16 50 57 143 236 236
19 9 16 52 60 144 237 237
20 9 17 55 61 145 238 238
21 9 19 58 64 146 239 239
22 10 19 59 66 146 239 239
23 10 20 62 68 147 240 240
24 11 21 65 71 147 241 241
25 11 22 67 73 148 241 241
26 11 22 71 75 148 241 241
27 12 24 73 77 149 242 242
28 12 25 76 80 149 242 242
29 13 25 78 81 149 242 242
30 14 27 81 83 150 243 243

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 62 69 92 214 316 3 194
2 49 63 70 93 215 355 2 385
3 49 64 72 98 209 369 1 802
4 48 64 75 101 206 368 1 393
5 48 65 77 102 205 358 1 103
6 49 67 79 105 205 344 894
7 49 68 79 105 203 328 739
8 48 69 80 107 203 311 620
9 48 69 81 110 202 295 528
10 47 68 81 110 200 293 454
11 46 67 80 110 199 292 394
12 44 65 78 108 197 290 345
13 42 64 77 107 196 289 304
14 41 62 75 105 194 287 287
15 39 61 74 104 193 286 286
16 38 59 72 102 191 284 284
17 36 58 71 101 190 283 283
18 35 57 70 99 188 282 282
19 34 56 69 98 187 281 281
20 34 55 68 98 187 280 280
21 33 54 68 97 186 279 279
22 33 54 67 97 186 279 279
23 32 53 66 96 185 278 278
24 31 52 67 95 184 277 277
25 30 52 70 95 184 277 277
26 30 51 72 94 183 276 276
27 29 50 75 93 182 275 275
28 28 50 77 93 182 275 275
29 28 49 80 92 181 274 274
30 27 48 83 91 180 273 273

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
1 110 124 130 153 275 371 3 450
2 111 125 131 155 277 380 2 574
3 111 127 135 161 272 395 1 945
4 112 128 139 165 270 394 1 503
5 113 130 143 167 271 384 1 190
6 114 133 145 170 270 369 964
7 115 135 146 172 270 363 797
8 115 135 146 173 269 362 669
9 114 135 147 176 268 361 569
10 113 134 147 177 267 360 490
11 112 133 146 176 265 358 425
12 110 131 144 174 263 356 372
13 108 129 142 172 261 354 354
14 106 127 140 170 259 352 352
15 103 125 138 167 256 350 350
16 101 122 135 165 254 347 347
17 98 120 133 162 251 345 345
18 96 117 130 160 249 342 342
19 94 115 128 158 247 340 340
20 92 114 127 156 245 339 339
21 91 112 125 155 244 337 337
22 89 110 123 153 242 335 335
23 87 108 121 151 240 333 333
24 85 106 119 149 238 331 331
25 83 105 118 147 236 330 330
26 82 103 116 146 235 328 328
27 80 101 114 144 233 326 326
28 78 100 113 142 231 325 325
29 77 98 111 141 230 323 323
30 75 96 109 139 228 321 321

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
1 169 183 189 213 335 430 3 449
2 178 192 199 222 344 439 2 602
3 181 196 205 231 342 437 1 983
4 182 198 209 235 340 434 1 539
5 183 200 212 237 340 433 1 221
6 183 201 213 238 338 431 990
7 183 202 213 239 337 430 819
8 181 201 213 240 335 428 687
9 180 201 213 241 334 427 585
10 179 200 213 242 332 425 503
11 177 198 211 241 330 423 436
12 174 196 209 239 328 421 421
13 171 193 206 236 325 418 418
14 168 190 203 232 321 415 415
15 165 186 199 229 318 411 411
16 162 183 196 226 315 408 408
17 159 180 193 223 312 405 405
18 155 177 190 220 309 402 402
19 152 174 187 216 305 399 399
20 149 171 184 213 302 396 396
21 146 167 181 210 299 392 392
22 143 164 177 207 296 389 389
23 140 161 174 204 293 386 386
24 137 158 171 201 290 383 383
25 134 155 168 198 287 380 380
26 131 152 165 195 284 377 377
27 128 149 162 192 281 374 374
28 125 146 159 189 278 371 371
29 122 143 156 186 275 368 368
30 119 140 153 183 272 365 365

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 37 43 66 188 324 3 283
2 23 37 44 67 189 364 2 448
3 23 38 47 72 184 377 1 848
4 23 39 49 76 181 376 1 427
5 23 40 52 77 180 366 1 130
6 24 42 54 80 180 351 914
7 25 44 55 81 179 334 755
8 24 44 55 82 178 316 633
9 23 44 56 85 177 298 538
10 23 44 57 86 176 280 463
11 22 43 56 86 175 268 401
12 21 43 56 86 175 268 351
13 21 42 55 85 174 267 308
14 20 42 55 85 174 267 273
15 20 41 54 84 173 266 266
16 20 41 54 84 173 266 266
17 20 41 54 84 173 266 266
18 20 41 54 84 173 266 266
19 20 41 54 84 173 266 266
20 20 41 57 84 173 266 266
21 20 41 59 84 173 266 266
22 20 41 62 84 173 266 266
23 20 41 65 84 173 266 266
24 20 41 67 84 173 266 266
25 20 41 70 84 173 266 266
26 19 41 72 84 173 266 266
27 19 40 76 83 172 265 265
28 19 40 78 83 172 265 265
29 19 40 81 84 172 265 265
30 18 40 84 86 171 265 265

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 18 32 39 62 184 324 3 273
2 20 34 41 64 186 363 2 441
3 21 36 45 71 182 376 1 842
4 23 39 49 76 181 374 1 422
5 25 42 54 79 182 364 1 125
6 26 45 57 82 182 350 911
7 29 48 59 85 183 333 752
8 29 49 60 87 183 315 631
9 29 50 62 91 183 297 537
10 30 51 64 93 183 280 461
11 31 52 65 95 184 277 400
12 31 52 65 95 184 277 350
13 31 52 65 95 184 277 308
14 31 52 65 95 184 277 277
15 30 52 65 94 183 277 277
16 30 51 64 94 183 276 276
17 30 51 64 94 183 276 276
18 30 51 64 94 183 276 276
19 30 51 64 94 183 276 276
20 30 51 65 94 183 276 276
21 30 52 65 95 184 277 277
22 30 52 65 94 183 277 277
23 30 51 65 94 183 276 276
24 30 51 67 94 183 276 276
25 29 51 70 94 183 276 276
26 29 50 72 93 182 275 275
27 29 50 76 93 182 275 275
28 28 49 78 92 181 274 274
29 28 49 81 92 181 274 274
30 27 48 84 91 180 273 273

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
1 119 133 140 163 285 380 3 487
2 118 132 139 162 284 383 2 598
3 116 131 140 166 277 397 1 958
4 115 132 142 169 274 395 1 510
5 116 133 145 170 273 384 1 193
6 115 134 146 171 271 369 965
7 116 136 147 172 270 363 796
8 115 135 147 174 269 363 667
9 114 135 147 176 268 361 567
10 114 135 148 177 268 361 487
11 114 135 148 178 267 360 422
12 112 134 147 177 266 359 369
13 111 132 146 175 264 357 357
14 110 131 144 174 263 356 356
15 108 129 142 172 261 354 354
16 106 127 140 170 259 352 352
17 103 124 137 167 256 349 349
18 101 122 135 165 254 347 347
19 98 120 133 163 252 345 345
20 96 118 131 160 249 342 342
21 94 115 128 158 247 340 340
22 92 113 126 156 245 338 338
23 90 111 124 154 243 336 336
24 87 109 122 151 240 334 334
25 85 106 119 149 238 331 331
26 83 104 117 147 236 329 329
27 81 102 115 145 234 327 327
28 79 100 113 143 232 325 325
29 77 98 111 141 230 323 323
30 75 96 109 139 228 321 321

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 10 33 155 313 3 159
2 0 5 12 35 157 352 2 358
3 1 7 16 42 153 365 1 781
4 1 10 20 47 152 363 1 375
5 2 13 25 49 153 354 1 089
6 2 16 28 53 153 340 882
7 3 19 30 56 154 324 729
8 4 20 31 58 154 306 612
9 4 21 33 61 154 289 520
10 4 21 34 63 153 272 448
11 4 21 34 64 153 255 389
12 6 21 35 64 153 246 340
13 6 21 37 64 153 246 299
14 6 21 39 64 153 246 265
15 6 21 42 63 152 246 246
16 7 20 45 63 152 245 245
17 8 20 48 63 152 245 245
18 8 20 50 63 152 245 245
19 9 20 53 63 152 245 245
20 9 21 55 64 153 246 246
21 10 22 58 65 153 247 247
22 10 22 61 67 154 247 247
23 10 22 63 69 154 247 247
24 11 23 66 71 154 248 248
25 11 23 68 73 155 248 248
26 11 23 71 75 155 248 248
27 12 24 73 78 155 248 248
28 12 25 76 80 155 248 248
29 14 25 79 82 155 248 248
30 14 27 81 84 155 249 249

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 74 196 316 3 184
2 30 44 51 74 196 354 2 377
3 29 44 53 78 190 367 1 794
4 28 44 55 81 186 365 1 385
5 28 45 57 82 185 356 1 095
6 31 49 61 86 186 341 887
7 29 48 59 85 183 325 732
8 33 53 64 91 187 307 614
9 32 53 65 94 186 290 522
10 26 47 61 90 180 273 449
11 22 43 56 86 175 268 389
12 18 39 52 82 171 264 340
13 16 37 50 80 169 262 300
14 14 35 48 78 167 260 265
15 12 33 46 76 165 258 258
16 10 32 45 75 164 257 257
17 10 31 48 74 163 256 256
18 9 30 50 73 162 255 255
19 9 30 52 73 162 255 255
20 9 30 55 73 162 255 255
21 10 30 58 73 162 255 255
22 10 30 61 73 162 255 255
23 10 30 63 73 162 255 255
24 11 30 66 73 162 255 255
25 11 30 68 73 162 255 255
26 11 30 71 75 161 255 255
27 12 29 73 78 161 254 254
28 12 29 76 80 161 254 254
29 14 29 79 82 161 254 254
30 14 29 81 84 161 254 254

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
1 182 197 203 226 348 444 3 858
2 180 194 201 224 346 441 2 866
3 175 190 199 225 336 432 2 154
4 171 188 198 225 330 428 1 653
5 168 185 197 222 325 418 1 300
6 165 183 195 221 321 414 1 047
7 163 182 193 219 317 410 860
8 158 179 190 217 313 406 719
9 155 176 188 216 309 402 609
10 151 172 186 215 305 398 522
11 148 169 182 212 301 394 451
12 144 165 178 208 297 390 393
13 140 161 174 204 293 386 386
14 136 157 171 200 289 382 382
15 133 154 167 197 286 379 379
16 129 151 164 194 283 376 376
17 126 148 161 191 280 373 373
18 123 145 158 188 277 370 370
19 121 142 155 185 274 367 367
20 118 139 152 182 271 364 364
21 116 137 150 180 269 362 362
22 113 134 147 177 266 359 359
23 110 132 145 175 264 357 357
24 108 129 142 172 261 354 354
25 106 127 140 170 259 352 352
26 103 124 138 167 256 349 349
27 101 122 135 165 254 347 347
28 99 120 133 163 252 345 345
29 97 118 131 161 250 343 343
30 95 116 129 159 248 341 341

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 54 173 316 3 188
2 0 15 26 54 173 355 2 380
3 1 17 28 57 169 368 1 797
4 1 20 32 62 168 366 1 387
5 2 23 37 68 170 356 1 097
6 4 26 40 70 170 342 888
7 6 31 42 72 171 326 733
8 9 34 46 74 171 308 616
9 10 37 50 76 171 290 523
10 11 38 51 76 171 273 450
11 12 40 52 78 171 265 390
12 13 41 54 79 172 265 341
13 13 42 54 80 172 265 300
14 14 43 55 80 172 265 266
15 14 43 55 80 172 265 265
16 14 43 55 80 171 264 264
17 14 43 55 80 171 264 264
18 14 43 55 80 171 264 264
19 14 43 55 80 171 265 265
20 14 43 55 80 172 265 265
21 14 43 58 80 172 265 265
22 14 43 61 80 172 266 266
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 80 172 266 266
27 14 43 73 80 172 266 266
28 14 43 76 80 172 265 265
29 14 43 79 82 172 265 265
30 14 43 81 84 172 265 265

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 12 133 307 3 091
2 0 1 6 15 132 344 2 302
3 1 1 9 18 125 356 1 736
4 1 3 12 21 121 354 1 339
5 2 4 15 24 121 345 1 060
6 2 4 18 27 120 331 858
7 3 6 20 30 120 315 708
8 4 6 23 32 120 298 595
9 4 8 26 35 120 281 506
10 4 8 28 37 120 264 435
11 4 9 31 40 120 248 377
12 6 10 33 42 121 232 330
13 6 11 36 44 121 218 291
14 6 12 39 47 121 214 257
15 6 13 41 49 122 215 229
16 7 13 44 51 122 215 215
17 7 14 46 54 123 215 215
18 8 16 49 57 125 216 216
19 9 16 51 58 128 216 216
20 9 17 54 61 130 217 217
21 9 18 56 63 132 218 218
22 10 19 59 65 133 218 218
23 10 20 62 67 135 219 219
24 11 20 64 69 136 219 219
25 11 22 67 71 138 219 219
26 11 22 69 73 139 219 219
27 12 23 72 76 141 219 219
28 12 24 74 78 142 219 219
29 12 25 76 80 142 220 220
30 13 25 79 81 144 220 220

ANNEX III

VOLATILITY ADJUSTMENT TO THE RELEVANT RISK-FREE INTEREST RATE TERM STRUCTURE

Currency National insurance market Volatility adjustment (in bps)
Euro Austria 4
Euro Belgium 4
Euro Cyprus 4
Euro Estonia 4
Euro Finland 4
Euro France 4
Euro Germany 4
Euro Greece 4
Euro Ireland 4
Euro Italy 4
Euro Latvia 4
Euro Lithuania 4
Euro Luxembourg 4
Euro Malta 4
Euro Netherlands 4
Euro Portugal 4
Euro Slovakia 4
Euro Slovenia 4
Euro Spain 4
Czech koruna Czech Republic 4
Danish krone Denmark 30
Forint Hungary 2
Krona Sweden 2
Kuna Croatia 4
Lev Bulgaria – 7
Pound sterling United Kingdom 18
Romanian leu Romania – 1
Zloty Poland 11
Króna Iceland 6
Norwegian krone Norway 15
Swiss franc Liechtenstein – 3
Swiss franc Switzerland – 3
Australian dollar Australia 11
Canadian dollar Canada 8
US dollar United States 28
Yen Japan 2

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