Technical provisions: assumptions and validation record

Answer

Which commitments and provision categories are reviewed?

France: identify commitments and technical-provision categories within L351-2 and L351-3’s framework. Switzerland: establish the actual portfolio and VAG Article 16 scope; an accounting total alone does not describe every technical liability.

Answer

What data and period support the estimates?

France: connect datasets to source, period, perimeter and version. Switzerland: preserve equivalent actuarial data lineage; a supplied total without reconciliation does not establish completeness or consistency with the relevant obligations.

Answer

Which approved methods and assumptions govern the version?

France: retain the approved method and assumptions for the examined version without choosing a valuation model. Switzerland: use the applicable AVO and current AVO-FINMA basis; an older repealed ordinance must not replace the current framework.

Tool

Provision data-lineage, assumption and validation register

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Jurisdiction: France
Commitments and category: Portfolio P1, provisions C1
Data and period: Sources D1, period T1
Methods and changes: Version M1, assumptions H1
Checks and validation: Evidence V1, decision A1

This preparation organises justification for liability estimates; it does not select actuarial assumptions, recompute reserves or substitute for a capital-adequacy reconciliation.

Answer

How are data quality, uncertainty and material changes documented?

France: distinguish data quality, estimation uncertainty and assumption changes. Switzerland: retain the same separation with portfolio-specific explanation; a changed provision amount does not itself identify which assumption or dataset caused it.

Comparison

Preparation reference: Provision data-lineage, assumption and validation register

Provision data-lineage, assumption and validation register
Preparation question	Point to verify
Which commitments and provision categories are reviewed?	France: identify commitments and technical-provision categories within L351-2 and L351-3’s framework. Switzerland: establish the actual portfolio and VAG Article 16 scope; an accounting total alone does not describe every technical liability.
What data and period support the estimates?	France: connect datasets to source, period, perimeter and version. Switzerland: preserve equivalent actuarial data lineage; a supplied total without reconciliation does not establish completeness or consistency with the relevant obligations.
Which approved methods and assumptions govern the version?	France: retain the approved method and assumptions for the examined version without choosing a valuation model. Switzerland: use the applicable AVO and current AVO-FINMA basis; an older repealed ordinance must not replace the current framework.
How are data quality, uncertainty and material changes documented?	France: distinguish data quality, estimation uncertainty and assumption changes. Switzerland: retain the same separation with portfolio-specific explanation; a changed provision amount does not itself identify which assumption or dataset caused it.

Answer

Who performed and checked validation on what evidence?

France: identify actual producer, checker and validation evidence. Switzerland: document corresponding roles and controls without inventing independent review; a function title or disconnected signature does not prove every relevant check occurred.

Answer

Which supervisory conditions affect constitution or release?

France: connect creation or release of provisions to actual prudential conditions. Switzerland: reconcile business-plan and supervisory conditions separately; a desired accounting outcome does not establish permission to reduce the required liabilities.

Answer

What sign-off and change records explain the figures?

France: retain prior assumptions, changes and signed decisions by date. Switzerland: distinguish draft, validated and reported figures likewise; correcting data should not erase the version history needed to explain the amount.

The law

Which official provision helps explain this situation?

Code des assurances : provisions techniques prudentielles : L351-2, L351-3Sources checked 3 November 2026See the texts cited

A technical-provision dossier identifies the insurance commitments and calculation version under review. France’s and Switzerland’s prudential definitions require separate treatment. Gather data lineage, period, approved methods and assumptions before recording quality, uncertainty and material changes. Link actual validation to its responsible people and evidence. This preparation organises justification for liability estimates; it does not select actuarial assumptions, recompute reserves or substitute for a capital-adequacy reconciliation.

Answer

Why are liability provisions distinct from a capital reconciliation?

France: technical provisions concern liabilities rather than a simple capital ratio. Switzerland: separate provisioning and SST capital reconciliation; this record certifies neither adequate reserves nor solvency and does not replace the responsible actuary’s report.

Frequent questions

What other questions arise in this file?

What data and period support the estimates?

France: connect datasets to source, period, perimeter and version. Switzerland: preserve equivalent actuarial data lineage; a supplied total without reconciliation does not establish completeness or consistency with the relevant obligations.

How are data quality, uncertainty and material changes documented?

France: distinguish data quality, estimation uncertainty and assumption changes. Switzerland: retain the same separation with portfolio-specific explanation; a changed provision amount does not itself identify which assumption or dataset caused it.

Which supervisory conditions affect constitution or release?

France: connect creation or release of provisions to actual prudential conditions. Switzerland: reconcile business-plan and supervisory conditions separately; a desired accounting outcome does not establish permission to reduce the required liabilities.

Why are liability provisions distinct from a capital reconciliation?

France: technical provisions concern liabilities rather than a simple capital ratio. Switzerland: separate provisioning and SST capital reconciliation; this record certifies neither adequate reserves nor solvency and does not replace the responsible actuary’s report.

Sources

Which official references should you consult?

Code des assurances : provisions techniques prudentielles : L351-2, L351-3www.legifrance.gouv.fr
Insurance Supervision Act LSA/VAG/LSA : 16fedlex.data.admin.ch
Insurance Supervision Act LSA/VAG/LSA : 16fedlex.data.admin.ch
Insurance Supervision Act LSA/VAG/LSA : 16fedlex.data.admin.ch
Insurance Supervision Ordinance OS/AVO/OS : 54fedlex.data.admin.ch
Insurance Supervision Ordinance OS/AVO/OS : 54fedlex.data.admin.ch
Insurance Supervision Ordinance OS/AVO/OS : 54fedlex.data.admin.ch
FINMA Insurance Supervision Ordinance 26June2024 OS-FINMA/AVO-FINMA/OS-FINMA : 28, 42, 45, 57, 98, 99fedlex.data.admin.ch
FINMA Insurance Supervision Ordinance 26June2024 OS-FINMA/AVO-FINMA/OS-FINMA : 28, 42, 45, 57, 98, 99fedlex.data.admin.ch
FINMA Insurance Supervision Ordinance 26June2024 OS-FINMA/AVO-FINMA/OS-FINMA : 28, 42, 45, 57, 98, 99fedlex.data.admin.ch

Texts cited last checked: 3 November 2026

Next steps

Which commitments and provision categories are reviewed?

What data and period support the estimates?

Which approved methods and assumptions govern the version?

Provision data-lineage, assumption and validation register

How are data quality, uncertainty and material changes documented?

Preparation reference: Provision data-lineage, assumption and validation register

Who performed and checked validation on what evidence?

Which supervisory conditions affect constitution or release?

What sign-off and change records explain the figures?

Which official provision helps explain this situation?

Why are liability provisions distinct from a capital reconciliation?

What other questions arise in this file?

What data and period support the estimates?

How are data quality, uncertainty and material changes documented?

Which supervisory conditions affect constitution or release?

Why are liability provisions distinct from a capital reconciliation?

Which official references should you consult?

Which neighbouring situations should remain separate?