SS17/15 - Solvency II: transitional measures on risk-free interest rates and technical provisions

Supervisory statement 17/15
First published on 20 March 2015

This supervisory statement is of interest to all UK Solvency II firms and to the Society of Lloyd’s. In particular, it is relevant to firms that are considering applying for, or that have been granted approval to use, either the transitional measure on the risk-free interest rate or the transitional measure on technical provisions.

It sets out the calculation and application process to be used for these transitional measures, as specified in chapters 10 and 11 of the Solvency II Firms: Transitional Measures Part of the Prudential Regulation Authority Rulebook. 

Current version

Published on 15 November 2024. Effective from 31 December 2024.

- Following PS15/24 – Review of Solvency II: Restatement of assimilated law

Past versions