Solvency II: Recalculation of the Transitional Measure on Technical Provisions
18 July 2017
The Transitional Measure on Technical Provisions (TMTP relief) permits (re)insurers to gradually phase in any increase in technical provisions that must be held for business written prior to 1 January 2016 arising from the introduction of Solvency II at that date. This update summarises findings on TMTP relief and looks at different approaches to recalculating the TMTP relief and the associated key issues and challenges.
About the Author(s)
Emma Hutchinson
Marie-Lise Tassoni
Solvency II: Recalculation of the Transitional Measure on Technical Provisions
A summary of findings on the Transitional Measure on Technical Provisions (TMTP relief) and views on different approaches to recalculating the TMTP relief and the associated key issues and challenges.
Oliver Gillespie, Emma Hutchinson, Stuart Reynolds, Marie-Lise Tassoni