Commission Implementing Regulation (EU) 2018/165 ANNEX III

ANNEX IIISupplementary provisions

ANNEX III VOLATILITY ADJUSTMENT TO THE RELEVANT RISK-FREE INTEREST RATE TERM STRUCTURE Currency National insurance market Volatility adjustment (in bps) Euro Austria 4 Euro Belgium 4 Euro Cyprus 4 Euro Estonia 4 Euro Finland 4 Euro France 4 Euro Germany 4 Euro Greece 4 Euro Ireland 4 Euro Italy 4 Euro Latvia 4 Euro Lithuania 4 Euro Luxembourg 4 Euro Malta 4 Euro Netherlands 4 Euro Portugal 4 Euro Slovakia 4 Euro Slovenia 4 Euro Spain 4 Czech koruna Czech Republic 4 Danish krone Denmark 30 Forint Hungary 2 Krona Sweden 2 Kuna Croatia 4 Lev Bulgaria – 7 Pound sterling United Kingdom 18 Romanian leu Romania – 1 Zloty Poland 11 Króna Iceland 6 Norwegian krone Norway 15 Swiss franc Liechtenstein – 3 Swiss franc Switzerland – 3 Australian dollar Australia 11 Canadian dollar Canada 8 US dollar United States 28 Yen Japan 2

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Other provisions in Commission Implementing Regulation (EU) 2018/165

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of 2026-07-04

CitationANNEX III of Commission Implementing Regulation (EU) 2018/165 (LawPlayer, data as of 2026-07-04)

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