April 2010: Fifth Quantitative Impact Study: Consultation on Call for Advice and Technical Specifications

The European Commission has today published for consultation draft technical specifications for the fifth Quantitative Impact Study (QIS5) exercise that will be run from August to November this year.

The QIS5 consultation package comprises the following documents:

Cover note
Draft Call for Advice
Draft QIS5 technical specifications
Relevant risk-free interest rate term structures for QIS5
CEIOPS risk-free rate extrapolation tool
Parameters for non-life catastrophe risk
CEIOPS QIS5 Calibration paper (corrected)
CEIOPS QIS5 Calibration paper for spread risk
CFO Forum/CRO Forum paper on risk-free rates
CEIOPS paper on extrapolation of risk-free rates

http://ec.europa.eu/internal_market/insurance/solvency/index_en.htm#consultation