(2)Insurance and reinsurance undertakings should use the technical information, which is based on market data related to the end of the last month preceding the first reporting reference date to which this Regulation applies. On 9 January 2017, the European Insurance and Occupational Pensions Authority provided the Commission with the technical information related to end of December 2016 market data. That information was published on 9 January 2017 in accordance with Article 77e(1) of Directive 2009/138/EC.