Skip to content
BOE-A-2026-1226 ·19 January 2026 ·Resolution Low impact
Tax

Insurance entities: maximum interest rate for life insurance provision calculations set at 1.95% for 2026

The Directorate General of Insurance and Pension Funds has established the maximum interest rate applicable to the accounting calculation of life insurance provisions for the 2026 financial year (Resolution of 9 January 2026). This rate applies to contracts entered into before 1 January 2016, in accordance with the calculation regime regulated in the fifth additional provision of Royal Decree 1060/2015 and Article 33 of the ROSSP.

In 2 key points

  1. The maximum interest rate applicable for the 2026 financial year is 1.95% (Resolución de 9 de enero de 2026)
  2. Applies to life insurance contracts entered into before 1 January 2016 (disposición adicional quinta del Real Decreto 1060/2015)

How it affects those involved

For insurance and reinsurance entities, this value determines the technical limit for calculating their accounting technical provisions during the 2026 financial year (Resolution of 9 January 2026). Compliance with this maximum interest rate is mandatory for life insurance contracts signed prior to 1 January 2016.

Lifecycle

2026-01-19PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

The tax team reviews your specific situation.

Talk to the tax team
This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
Email
Contact