Symmetric adjustment of the equity capital charge

Compulsory information to be applied now by EU insurance and reinsurance undertakings

Extraordinary EDA calculations

Due to COVID-19 outbreak, as of  24 March 2020, EIOPA carryes out  extraordinary calculations to monitor the evolution of the symmetric adjustment to equity risk (ED) and to support insurance and reinsurance undertakings in the monitoring of their solvency and financial position. 
 
The information is published on this page, in the section “Extraordinary Symmetric adjustment updates” 

This information aims to support analytical and monitoring purposes only. Also, due to the volatility of markets, information can vary considerably between publications. 

The information will normally be published every two weeks on Friday.

For the sake of clarity, see below the calendar for the next extraordinary EDA processes:

Reference date Publication date
15/09/2020 18/09/2020

Monthly calculations

Publication is done on a monthly basis.
Upcoming publication dates in 2020 are set as follows:  3 September, 5 October, 5 November, 3 December. ​​​​ 

Previous releases are available here.

The calculation of the symmetric adjustment based on the behaviour of an equity index built by EIOPA exclusively for that purpose. The legal requirements on the determination of the symmetric adjustment and of the EIOPA equity index are set out in the Directive 2009/138/EC (as amended by Directive 2014/51/EU), the Implementing Measures of that Directive, and also in the Implementing Technical Standard on the EIOPA equity index.​