Health SLT Revision Risk

Overview

Article 158 defines the Health SLT Revision Risk stress for annuity benefits that can increase because of inflation, legal changes, or the insured person's state of health.^[1]

Input Terms

• Current Annuity Benefit Amount: Representative amount of annuity benefits in scope for the revision stress.^[1]
• Annuity Benefit Increase: Stress percentage applied to the annuity benefit amount.^[1]

Technical Rationale

Article 158 exists because SLT health annuity benefits can be revised upward by inflation, legal changes, or the insured person's state of health.^[1] The permanent benefit uplift proxies the reserve sensitivity to that external revision mechanism rather than a general expense or morbidity shock.

The revised benefit amount remains separate from the valuation loss because Article 158 identifies the stressed benefit level before technical provisions and own funds are remeasured.

Important Notes

• This page specifies the stress, not the final standalone Health SLT Revision Risk SCR.
• The stress only applies to annuity obligations where benefits could increase because of inflation, the legal environment, or the insured person's state of health; this page does not validate that portfolio scope.