Swedish regulator to introduce Solvency II discount rate in 2014
Long-term solution to discount rate needed due to Solvency II delays, says regulator
The Swedish financial regulator is to introduce Solvency II's discount rate methodology for calculating the value of life insurance and pension fund liabilities next year.
Finansinspektionen will also extend the temporary floor on the discount rate, introduced last year in response to low interest rates, until the end of 2013. The floor was originally intended to expire on June 15, 2013.
The regulator said a long-term solution to the discount rate was needed because of the delays to Solvency II
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