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    EIOPA Ceases Extraordinary RFR and EDA Processes Resulting from COVID

    October 09, 2020

    EIOPA announced that it has discontinued producing and publishing the extraordinary processes for risk-free interest rate term structures (RFR) and symmetric adjustment to equity risk (EDA), as of September 2020. However, the production of monthly RFR and EDA will continue as usual. Due to the COVID-19 outbreak, in April 2020, EIOPA had started to carry out these extraordinary calculations on a weekly basis to monitor the evolution of RFR and EDA, to support insurance and reinsurance undertakings in the monitoring of their solvency and financial position under Solvency II.

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    Keywords: Europe, EU, Insurance, Solvency II, RFR Term Structures, EDA, COVID-19, Risk-Free Rates, Symmetric Adjustment to Equity Risk, EIOPA

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