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

Update 25 November 2016

SS17/15 was updated to reflect changes consulted on in CP20/16 ‘Solvency II: consolidation of Directors’ letters’. For an overview of updates made to SS17/15, please see Appendix 1.

Supervisory Statement 17/15 - November 2016 

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.

Supervisory Statement 17/15 

Current version

Published: 25 November 2016

• Supervisory statement 17/15 UPDATE - November 2016 (PDF)
• This SS was updated following publication of PS33/16 ‘Solvency II: consolidation of Directors’ letters’.
• Effective from: 25 November 2016

Future version

Published on 28 February 2024. Effective from 31 December 2024.

• Supervisory statement 17/15 – February 2024 (pdf)

- Following PS2/24 – Review of Solvency II: Adapting to the UK insurance market

Past versions