EAA Web Session ‚Volatility Adjustment under Solvency II‘

The Volatility Adjustment is a key component of the Solvency II prudential framework with a significant impact on the EU sector. This session aims at explaining the evolution of the VA under the current formula versus the new formula following the new SII directive applicable as from 30/01/27. We will explore on how the deficiencies have been addressed and how undertakings can prepare be “VA proof” for 2027. We will also focus on how to manage basis risk coming from the VA as part of the ORSA.