14
Expected Future Developments in the External Environment
14.1
The calculation of the best estimate must take into account expected future developments that will have a material impact on the cash in- and out-flows required to settle the insurance and reinsurance obligations over their lifetime. For that purpose future developments must include demographic, legal, medical, technological, social, environmental and economic developments including inflation as referred to in 9.1(2) of the Technical Provisions Part.
- 31/12/2024