On 12 December 2011, the European Insurance and Occupational Pensions Authority (EIOPA) published a report on the Joint Working Group (JWG) for Non-Life and Health NSLT calibrations. This document follows from the commitment of EIOPA in its advice for Level 2 measures to revise the QIS5 calibrations of the premium and reserve risk factors in the underwriting risk module of the SCR standard formula.

This summary from a health NSLT perspective discusses how the proposed risk factors have been amended.