2 Amendments of Jessica POLFJÄRD related to 2021/0295(COD)
Amendment 249 #
Proposal for a directive
Recital 28 a (new)
Recital 28 a (new)
(28 a) The European Insurance and Occupational Pensions Authority (EIOPA) noted in its holistic impact assessment that certain changes would result in significant increases in certain provisions for insurance undertakings in some Member States, due to different characteristics in government bond and swap markets. Therefore, differences in currencies and national characteristics should be taken into account when determining the starting point for the extrapolation of risk-free interest rates and the appropriate convergence period to the ultimate forward rate.
Amendment 630 #
Proposal for a directive
Article 1 – paragraph 1 – point 44
Article 1 – paragraph 1 – point 44
Directive 2009/138/EC
Article 106 – paragraph 3
Article 106 – paragraph 3
3. The symmetric adjustment made to the standard equity capital charge covering the risk arising from changes in the level of equity prices in relation to equities not covering liabilities from unit-linked life insurance policies and other similar insurance policies where the policyholders choose what to invest in and bear the investment risk shall not result in an equity capital charge being applied that is more than 170 percentage points lower or higher than the standard equity capital charge.;