Today, the European Insurance and Occupational Pensions Authority (EIOPA) published technical information on the relevant risk free interest rate term structures (RFR) with reference to the end of March 2018.
This RFR information has been calculated on the basis of the updated representative portfolios published on 18 December 2017 and the Technical Documentation published on 1 February 2018. Please note that the representative portfolios for the Danish krone will be updated at a later stage as announced on 23 March 2018.
On 28 March 2018, EIOPA also published the calculation of the Ultimate Forward Rate for 2019.
All the documents are available here.
Technical information relating to risk-free interest rate (RFR) term structures is used for the calculation of the technical provisions for (re)insurance obligations.
In line with the Solvency II Directive, EIOPA publishes technical information relating to RFR term structures on a monthly basis via a dedicated section on EIOPA's Website also containing the provisional release calendar for 2017, the RFR Technical Documentation, the RFR coding and Frequently Asked Questions.
By this publication EIOPA ensures consistent calculation of technical provisions across Europe.