natgillin/translations-raw huggingface dataset:
Volatility adjustment to the relevant risk-free interest rate term structure
Znesek prilagoditve za nestanovitnost za netvegane obrestne mere ustreza 65 % valutnega razmika s popravkom za tveganje.
Member States may require prior approval by supervisory authorities for insurance and reinsurance undertakings to apply a volatility adjustment to the relevant risk-free interest rate term structure to calculate the best estimate referred to in Article 77(2).
Valutni razmik s popravkom za tveganje se izračuna kot razlika med razmikom iz odstavka 2 in deležem tega razmika, ki se lahko pripiše realistični oceni pričakovanih izgub ali nepričakovanega kreditnega tveganja ali drugega tveganja pri sredstvih.
For each relevant currency, the volatility adjustment to the relevant risk-free interest rate term structure shall be based on the spread between the interest rate that could be earned from assets included in a reference portfolio for that currency and the rates of the relevant basic risk-free interest rate term structure for that currency.
Prilagoditev za nestanovitnost se uporabi samo za ustrezne netvegane obrestne mere časovne strukture, ki se ne izračunajo z ekstrapolacijo v skladu s členom 77a.
The reference portfolio for a currency shall be representative for the assets which are denominated in that currency and which insurance and reinsurance undertakings are invested in to cover the best estimate for insurance and reinsurance obligations denominated in that currency.
Ekstrapolacija ustrezne netvegane obrestne mere časovne strukture temelji na teh prilagojenih netveganih obrestnih merah.
The amount of the volatility adjustment to risk-free interest rates shall correspond to 65 % of the risk-corrected currency spread.
Za vsako zadevno državo se pred uporabo 65 % faktorja prilagodljivost za nestanovitnost za netvegane obrestne mere iz odstavka 3 za valuto te države poveča za razliko med razmikom države s popravkom za tveganje in dvakratnim valutnim razmikom s popravkom za tveganje, vedno kadar je ta razlika pozitivna in je razmik države s popravkom za tveganje večji od 100 baznih točk.
The risk-corrected currency spread shall be calculated as the difference between the spread referred to in paragraph 2 and the portion of that spread that is attributable to a realistic assessment of expected losses or unexpected credit or other risk of the assets.
Povečana prilagoditev za nestanovitnost se uporabi za izračun najboljše ocene za zavarovalne in pozavarovalne obveznosti produktov, ki so v prodaji na zavarovalniškem trgu te države.
The volatility adjustment shall apply only to the relevant risk-free interest rates of the term structure that are not derived by means of extrapolation in accordance with Article 77a.
Razmik države s popravkom za tveganje se izračuna enako kot valutni razmik s popravkom za tveganje, le da temelji na referenčnem portfelju, ki je reprezentativen za sredstva, v katera so zavarovalnice in pozavarovalnice vložile za kritje najboljše ocene za zavarovalne in pozavarovalne obveznosti proizvodov, ki so v prodaji na zavarovalniškem trgu te države in izraženi v njeni valuti.
The extrapolation of the relevant risk-free interest rate term structure shall be based on those adjusted risk-free interest rates.
Prilagoditev za nestanovitnost se ne uporablja pri zavarovalnih in pozavarovalnih obveznostih, kadar ustrezna časovna struktura netvegane obrestne mere za izračun najboljše ocene portfelja teh obveznosti vključuje uskladitveno prilagoditev na podlagi člena 77b.
For each relevant country, the volatility adjustment to the risk-free interest rates referred to in paragraph 3 for the currency of that country shall, before application of the 65 % factor, be increased by the difference between the risk-corrected country spread and twice the risk-corrected currency spread, whenever that difference is positive and the risk-corrected country spread is higher than 100 basis points.
Z odstopanjem od člena 101 zahtevani solventnostni kapital ne krije tveganja izgube osnovnih lastnih sredstev, ki je posledica sprememb prilagoditve za nestanovitnost.
The increased volatility adjustment shall be applied to the calculation of the best estimate for insurance and reinsurance obligations of products sold in the insurance market of that country.
Člen 77e
The risk-corrected country spread is calculated in the same way as the risk-corrected currency spread for the currency of that country, but based on a reference portfolio that is representative for the assets which insurance and reinsurance undertakings are invested in to cover the best estimate for insurance and reinsurance obligations of products sold in the insurance market of that country and denominated in the currency of that country.
Tehnične informacije, ki jih pripravi Evropski organ za zavarovanja in poklicne pokojnine
The volatility adjustment shall not be applied with respect to insurance obligations where the relevant risk-free interest rate term structure to calculate the best estimate for those obligations includes a matching adjustment under Article 77b.
EIOPA vsaj vsako četrtletje pripravi in objavlja za vsako zadevno valuto naslednje tehnične informacije:
By way of derogation from Article 101, the Solvency Capital Requirement shall not cover the risk of loss of basic own funds resulting from changes of the volatility adjustment.
ustrezno časovno strukturo netvegane obrestne mere za izračun najboljše ocene iz člena 77(2), brez uskladitvene prilagoditve ali prilagoditve za nestanovitnost;
Article 77e
za vsako zadevno ročnost, kreditno kvaliteto in razred sredstev, temeljni razmik za izračun uskladitvene prilagoditve iz člena 77c(1)(b);
Technical information produced by the European Insurance and Occupational Pensions Authority
za vsak zadevni nacionalni zavarovalniški trg prilagoditev za nestanovitnost za ustrezno časovno strukturo netvegane obrestne mere iz člena 77d(1).
EIOPA shall lay down and publish for each relevant currency the following technical information at least on a quarterly basis:
Za zagotovitev enotnih pogojev za izračun tehničnih rezervacij in osnovnih lastnih sredstev lahko Komisija sprejme izvedbene akte, s katerimi za vsako zadevno valuto določi tehnične informacije iz odstavka 1.
a relevant risk-free interest rate term structure to calculate the best estimate referred to in Article 77(2), without any matching adjustment or volatility adjustment;
Ti izvedbeni akti uporabijo navedene informacije.
for each relevant duration, credit quality and asset class a fundamental spread for the calculation of the matching adjustment referred to in Article 77c(1)(b);
Ti izvedbeni akti se sprejmejo v skladu s svetovalnim postopkom iz člena 301(2).
for each relevant national insurance market a volatility adjustment to the relevant risk-free interest rate term structure referred to in Article 77d(1).
Komisija na podlagi utemeljenih nujnih razlogov v zvezi z razpoložljivostjo ustreznih časovnih struktur netvegane obrestne mere sprejme izvedbene akte v skladu s postopkom iz člena 301(3), ki se začnejo uporabljati takoj.
In order to ensure uniform conditions for the calculation of technical provisions and basic own funds, the Commission may adopt implementing acts which set out, for each relevant currency, the technical information referred to in paragraph 1.
Kadar Komisija v skladu z odstavkom 2 sprejme tehnične informacije iz odstavka 1, zavarovalnice in pozavarovalnice te informacije uporabijo pri izračunu najboljše ocene v skladu s členom 77, uskladitvene prilagoditve v skladu s členom 77c in prilagoditve za nestanovitnost v skladu s členom 77d.
Those implementing acts shall make use of that information.
V zvezi z valutami in nacionalnimi trgi, pri katerih prilagoditev iz odstavka 1(c) ni določena v izvedbenih aktih iz odstavka 2, se za izračun najboljše ocene ne uporabi prilagoditev za nestanovitnost za ustrezno časovno strukturo netvegane obrestne mere.
Those implementing acts shall be adopted in accordance with the advisory procedure referred to in Article 301(2).
Člen 77f
On duly justified imperative grounds of urgency relating to the availability of the relevant risk-free interest rate term structure, the Commission shall adopt immediately applicable implementing acts in accordance with the procedure referred to in Article 301(3).
Pregled ukrepov dolgoročnih jamstev in ukrepov glede tveganja lastniških vrednostnih papirjev
Where the technical information referred to in paragraph 1 is adopted by the Commission in accordance with paragraph 2, insurance and reinsurance undertakings shall use that technical information in calculating the best estimate in accordance with Article 77, the matching adjustment in accordance with Article 77c, and the volatility adjustment in accordance with Article 77d.
EIOPA vsako leto in do 1. januarja 2021 Evropskemu parlamentu, Svetu in Komisiji poroča o učinku uporabe členov 77a do 77e in člena 106, člena 138(4) in členov 304, 308c in 308d, vključno z delegiranimi ali izvedbenimi akti, ki se sprejmejo na njihovi podlagi.
With respect to currencies and national markets where the adjustment referred to in paragraph 1(c) is not set out in the implementing acts referred to in paragraph 2, no volatility adjustment shall be applied to the relevant risk-free interest rate term structure to calculate the best estimate.
V tem obdobju nadzorni organi vsako leto EIOPA predložijo naslednje informacije o:
Article 77f
razpoložljivosti dolgoročnih jamstev pri zavarovalnih produktih na svojih nacionalnih trgih ter ravnanju zavarovalnic in pozavarovalnic kot dolgoročnih vlagateljev;
Review of long-term guarantees measures and measures on equity risk
številu zavarovalnic in pozavarovalnic, ki uporabljajo uskladitveno prilagoditev, prilagoditev za nestanovitnost, podaljšanje obdobja sanacije v skladu s členom 138(4), podmodul tveganja lastniških vrednostnih papirjev, ki temelji na trajanju, in prehodne ukrepe iz členov 308c in 308d;
EIOPA shall, on an annual basis and until 1 January 2021, report to the European Parliament, the Council and the Commission about the impact of the application of Articles 77a to 77e and 106, Article 138(4) and Articles 304, 308c and 308d, including the delegated or implementing acts adopted pursuant thereto.
učinku, ki ga imajo na finančno stanje zavarovalnic in pozavarovalnic uskladitvena prilagoditev, prilagoditev za nestanovitnost, mehanizem simetrične prilagoditve kapitalski zahtevi lastniških vrednostnih papirjev, podmodul tveganja lastniških vrednostnih papirjev, ki temelji na trajanju, in prehodni ukrepi iz členov 308c in 308d, tako na nacionalni ravni kot za posamezna podjetja, pri katerih se učinek izrazi v anonimni obliki;
Supervisory authorities shall, on an annual basis during that period, provide EIOPA with the following information:
učinku, ki ga imajo na investicijsko obnašanje zavarovalnic in pozavarovalnic uskladitvena prilagoditev, prilagoditev za nestanovitnost, mehanizem simetrične prilagoditve kapitalski zahtevi lastniških vrednostnih papirjev in podmodul tveganja lastniških vrednostnih papirjev, ki temelji na trajanju, in ali pomenijo neupravičeno kapitalsko olajšavo;
the availability of long-term guarantees in insurance products in their national markets and the behaviour of insurance and reinsurance undertakings as long-term investors;
učinku morebitnega podaljšanja obdobja sanacije v skladu s členom 138(4) na prizadevanja zavarovalnic in pozavarovalnic za ponovno vzpostavitev primernih lastnih sredstev za kritje zahtevanega solventnostnega kapitala ali zmanjšanje profila tveganja z namenom izpolnitve zahteve po solventnostnem kapitalu;
the number of insurance and reinsurance undertakings applying the matching adjustment, the volatility adjustment, the extension of the recovery period in accordance with Article 138(4), the duration-based equity risk sub-module and the transitional measures set out in Articles 308c and 308d;
kadar zavarovalnice in pozavarovalnice uporabljajo prehodne ukrepe iz člena 308c ali 308d, ali ravnajo v skladu z načrti postopnega uvajanja iz člena 308e in pričakovanji manjše odvisnosti od teh prehodnih ukrepov, vključno z ukrepi, ki so jih ali jih predvidoma bodo sprejela ta podjetja in nadzorni organi, z upoštevanjem zakonodajnega okolja zadevne države članice.
the impact on the insurance and reinsurance undertakings' financial position of the matching adjustment, the volatility adjustment, the symmetric adjustment mechanism to the equity capital charge, the duration-based equity risk sub-module and the transitional measures set out in Articles 308c and 308d, at national level and in anonymised way for each undertaking;
EIOPA po potrebi po posvetovanju z ESRB Komisiji predloži mnenje o oceni uporabe členov 77a do 77e in člena 106, člena 138(4) ter členov 304, 308c in 308d, vključno z delegiranimi ali izvedbenimi akti, ki se sprejmejo na njihovi podlagi.
the effect of the matching adjustment, the volatility adjustment, the symmetric adjustment mechanism to the equity capital charge and the duration-based equity risk sub-module on the investment behaviour of insurance and reinsurance undertakings and whether they provide undue capital relief;
Oceni se razpoložljivost dolgoročnih jamstev pri zavarovalnih produktih, obnašanje zavarovalnic in pozavarovalnic kot dolgoročnih vlagateljev ter splošna finančna stabilnost.
the effect of any extension of the recovery period in accordance with Article 138(4) on the efforts of insurance and reinsurance undertakings to re-establish the level of eligible own funds covering the Solvency Capital Requirement or to reduce the risk profile in order to ensure compliance with the Solvency Capital Requirement;
Na podlagi mnenja, ki ga predloži EIOPA, iz odstavka 2 Komisija predloži poročilo Evropskemu parlamentu in Svetu do 1. januarja 2021 ali po potrebi prej.
where insurance and reinsurance undertakings apply the transitional measures set out in Articles 308c and 308d, whether they comply with the phasing-in plans referred to in Article 308e and the prospects for a reduced dependency on these transitional measures, including measures that have been taken or are expected to be taken by the undertakings and supervisory authorities, taking into account the regulatory environment of the Member State concerned.
V poročilu se osredotoča zlasti na učinke na:
EIOPA, where appropriate after consulting the ESRB and conducting a public consultation, shall submit to the Commission an opinion on the assessment of the application of Articles 77a to 77e and 106, Article 138(4), and Articles 304, 308c and 308d, including the delegated or implementing acts adopted pursuant thereto.
varstvo imetnikov polic;
That assessment shall be made in relation to the availability of long-term guarantees in insurance products, the behaviour of insurance and reinsurance undertakings as long-term investors and, more generally, financial stability.
delovanje in trdnost evropskih zavarovalniških trgov;
Based on the opinion submitted by EIOPA, referred to in paragraph 2, the Commission shall submit a report to the European Parliament and to the Council by 1 January 2021, or, where appropriate, earlier.
notranji trg ter zlasti konkurenčnost in zagotavljanje enakih konkurenčnih pogojev na evropskih zavarovalniških trgih;
The report shall focus, in particular, on the effects on:
obseg, v katerem zavarovalnice in pozavarovalnice še naprej delujejo kot dolgoročni vlagatelji;
policy holder protection;
dostopnost in oblikovanje cen rentnih produktov;
the functioning and stability of European insurance markets;
dostopnost in oblikovanje cen konkurenčnih produktov;
the internal market and in particular the competition and the level playing field in European insurance markets;
dolgoročne investicijske strategije zavarovalnic v zvezi s produkti, za katere se uporabljata člena 77b in 77c, v razmerju do tistih, ki so povezani z drugimi dolgoročnimi jamstvi;
the extent to which insurance and reinsurance undertakings continue to operate as long-term investors;
izbiro za uporabnika in ozaveščenost uporabnika o tveganju;
the availability and pricing of annuity products;
stopnjo razpršenosti zavarovalniških poslov in portfelja sredstev zavarovalnic in pozavarovalnic;
the availability and pricing of competing products;
finančno stabilnost.
long-term investment strategies by insurance undertakings in relation to products to which Articles 77b and 77c are applied relative to those in relation to other long-term guarantees;
Poleg tega se v poročilu opira na izkušnje nadzornih organov v zvezi z uporabo členov 77a do 77e in člena 106, člena 138(4) ter členov 304, 308c in 308d, vključno z delegiranimi ali izvedbenimi akti, sprejetimi na njihovi podlagi.
consumer choice and consumer awareness of risk;
Poročilu Komisije se po potrebi priložijo zakonodajni predlogi.“;
the degree of diversification in the insurance business and asset portfolio of insurance and reinsurance undertakings;
člen 86 se nadomesti z naslednjim:
financial stability.
„Člen 86
In addition, the report shall build on the supervisory experience relating to the application of Articles 77a to 77e and 106, Article 138(4) and Articles 304, 308c and 308d, including the delegated or implementing acts adopted pursuant thereto.
Delegirani akti ter regulativni in izvedbeni tehnični standardi
The Commission report shall be accompanied, if necessary, by legislative proposals.’;
Komisija v skladu s členom 301a sprejme delegirane akte, ki določajo:
Article 86 is replaced by the following:
aktuarske in statistične metodologije za izračun najboljše ocene iz člena 77(2);
‘Article 86
metodologije, načela in tehnike za določanje ustrezne časovne strukture netvegane obrestne mere, ki bo uporabljena za izračun najboljše ocene iz člena 77(2);
Delegated acts and regulatory and implementing technical standards
okoliščine, v katerih se zavarovalno-tehnične rezervacije izračunajo kot celota ali kot vsota najboljše ocene in marže za tveganje ter metode, ki se bodo uporabile, kadar se zavarovalno-tehnične rezervacije izračunajo kot celota, kakor je navedeno v členu 77(4);
The Commission shall adopt delegated acts in accordance with Article 301a laying down the following:
metode in predpostavke, uporabljene pri izračunu meje tveganja, vključno z določitvijo zneska primernih lastnih sredstev, potrebnih za podporo zavarovalnih in pozavarovalnih obveznosti in kalibracijo mere stroškov kapitala, kakor je navedeno v členu 77(5);
actuarial and statistical methodologies to calculate the best estimate referred to in Article 77(2);
vrste poslovanja, na podlagi katerih se segmentirajo zavarovalne in pozavarovalne obveznosti za izračun zavarovalno-tehničnih rezervacij, kakor je navedeno v členu 80;
the methodologies, principles and techniques for the determination of the relevant risk-free interest rate term structure to be used to calculate the best estimate referred to in Article 77(2);
standarde, ki jih je treba doseči glede zagotavljanja ustreznosti, popolnosti in natančnosti podatkov, uporabljenih pri izračunu zavarovalno-tehničnih rezervacij, in posebnih okoliščin, v katerih bi bilo za izračun najboljše ocene primerno uporabiti približke, vključno s pristopi, ki upoštevajo vsak primer posebej, kakor je navedeno v členu 82;
the circumstances in which technical provisions shall be calculated as a whole, or as a sum of a best estimate and a risk margin, and the methods to be used in the case where technical provisions are calculated as a whole, as referred to in Article 77(4);
specifikacije glede zahtev iz člena 77b(1), vključno z metodami, predpostavkami in standardnimi parametri, ki se uporabljajo za izračun učinka udara tveganja umrljivosti iz člena 77b(1)(e);
the methods and assumptions to be used in the calculation of the risk margin including the determination of the amount of eligible own funds necessary to support the insurance and reinsurance obligations and the calibration of the cost-of-capital rate, as referred to in Article 77(5);
specifikacije glede zahtev iz člena 77c, vključno s predpostavkami in metodami, ki se uporabljajo za izračun uskladitvene prilagoditve in temeljnega razmika;
the lines of business on the basis of which insurance and reinsurance obligations are to be segmented in order to calculate technical provisions referred to in Article 80;
metode in predpostavke za izračun prilagoditve za nestanovitnost iz člena 77d, vključno s formulo za izračun razmika iz odstavka 2 tega člena.
the standards to be met with respect to ensuring the appropriateness, completeness and accuracy of the data used in the calculation of technical provisions, and the specific circumstances in which it would be appropriate to use approximations, including case-by-case approaches, to calculate the best estimate, as referred to in Article 82;
Za dosledno usklajenost v zvezi z metodami za izračun zavarovalno-tehničnih rezervacij EIOPA na podlagi člena 301b pripravi osnutke regulativnih tehničnih standardov, da določi:
specifications with respect to the requirements set out in Article 77b(1) including the methods, assumptions and standard parameters to be used when calculating the impact of the mortality risk stress referred to in Article 77b(1)(e);
metodologije, ki bodo uporabljene za izračun prilagoditve zaradi neplačila nasprotne stranke iz člena 81, namenjene povrnitvi pričakovanih izgub zaradi neplačila nasprotne stranke;
specifications with respect to the requirements set out in Article 77c including assumptions and methods to apply in the calculation of the matching adjustment and the fundamental spread;
po potrebi poenostavljene metode in tehnike za izračun zavarovalno-tehničnih rezervacij, da se zagotovi sorazmernost aktuarskih in statističnih metod iz točk (a) in (d) z naravo, obsegom in zahtevnostjo tveganj, ki jih podpirajo zavarovalnice in pozavarovalnice, skupaj z lastnimi zavarovalnicami in pozavarovalnicami.
methods and assumptions for the calculation of the volatility adjustment referred to in Article 77d including a formula for the calculation of the spread referred to in paragraph 2 of that Article.
Za zagotovitev usklajenih pogojev uporabe člena 77b, EIOPA pripravi osnutke izvedbenih tehničnih standardov za postopke za odobritev uporabe uskladitvene prilagoditve iz člena 77b(1).
In order to ensure consistent harmonisation in relation to the methods for the calculation of technical provisions, EIOPA shall, subject to Article 301b, develop draft regulatory technical standards to specify:
EIOPA te osnutke izvedbenih tehničnih standardov predloži Komisiji do 31. oktobra 2014.
the methodologies to be used when calculating the counterparty default adjustment referred to in Article 81 designed to capture expected losses due to default of the counterparty;
Na Komisijo se prenese pooblastilo za sprejemanje teh izvedbenih tehničnih standardov v skladu s členom 15 Uredbe (EU) št. 1094/2010.“;
where necessary, simplified methods and techniques to calculate technical provisions, in order to ensure the actuarial and statistical methods referred to in points (a) and (d) are proportionate to the nature, scale and complexity of the risks supported by insurance and reinsurance undertakings including captive insurance and reinsurance undertakings.
člen 92 se spremeni:
In order to ensure consistent conditions of application of Article 77b, EIOPA shall develop draft implementing technical standards on the procedures for the approval of the application of a matching adjustment referred to in Article 77b(1).
naslov se nadomesti z naslednjim:
EIOPA shall submit those draft implementing technical standards to the Commission by 31 October 2014.
„Delegirani akti ter regulativni in izvedbeni tehnični standardi“;
Power is conferred on the Commission to adopt those implementing technical standards in accordance with Article 15 of Regulation (EU) No 1094/2010.’;
odstavek 1 se nadomesti z naslednjim:
Article 92 is amended as follows:
Za dosledno harmonizacijo v zvezi z lastnimi sredstvi EIOPA na podlagi člena 301b pripravi osnutke regulativnih tehničnih standardov, da določi merila za dodelitev nadzorne odobritve pomožnih lastnih sredstev, kakor je določeno v členu 90.