Events listed in Law of 8 December 1994
Publication de la lettre circulaire 23/4 du Commissariat aux Assurances relative ...
ID 22252
The CAA published Circular letter 23/4 concerning the maximum technical interest rates applicable to new life insurance contracts. As a reminder, the CAA is responsible for setting rules for the maximum technical rates that can be used for calculating life insurance technical provisions. These rates can be different depending on the currency used, but **cannot exceed 60% of the government bond yields in the ...
Note d’information 23/3 du Commissariat aux Assurances relative à des offres de ...
ID 22054
The Information Note 23/3 of the CAA discusses the recent observation by the CAA that some Luxembourgish life insurance companies are offering guaranteed returns that exceed the maximum technical interest rate allowed by the CAA for calculating technical provisions. The CAA reminds companies that such offers require prior notification in the form of a separate technical note, and that the calculation of provisions for ...