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Article L351-4 of the French Insurance Code

Insurance and reinsurance undertakings may, subject to the prior approval of the Autorité de contrôle prudentiel et de résolution, apply a transitional measure to the risk-free interest rate curve relevant to eligible insurance and reinsurance liabilities.

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Article L351-5 of the French Insurance Code

Insurance and reinsurance undertakings may, subject to the prior approval of the Autorité de contrôle prudentiel et de résolution, apply a transitional deduction to technical provisions. This deduction may be applied at the level of homogeneous risk groups.

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