UL Pols in SII

Discussion in 'SA2' started by eroche1, Apr 17, 2013.

  1. eroche1

    eroche1 Member

    In term of Pillar 1 balance sheet in SII how exactly are UL pols treated?

    Assuming there are no guarantees and its just a simple UL pol is the following statement correct?
    The unit component is a hedgeable risk so that is just valued at market value and the sterling component needs to be projected and included as a BEL and RM.

    Thanks
     
  2. Mark Willder

    Mark Willder ActEd Tutor Staff Member

    April 2012 question 2 has a very detailed discussion of the treatment of UL under Solvency II.

    Best wishes

    Mark
     
  3. eroche1

    eroche1 Member

    Thanks, got it I just saw that after I had posted.
     

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