EIOPA · 1026
1026
- Regulation
- (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities
- Article
- 35
- Submitted
- 2016-12-20
- Answered
- 2019-09-23
Question
Can you please advise where we should include the Reinsurance accepted business in the QRT – S.04.01. The log file states that the information should include direct business and accepted reinsurance business (presented gross). However the form only includes categories for business underwritten by the undertaking and the EEA and non- EEA branches. Our reinsurance business is fronted business (majority of fronters situated outside the EEA) and is a significant portion of our business. If you can share some advise on the matter as to which column ref i.e. C0010- C0110) this should be included in ,we would be very grateful.
Answer
If the reinsurance business is performed by any material non-EEA country branches please reported the amounts in S.04.01.C0110. If the reinsurance business is issued by subsidiaries, please note that the template is only applicable at individual level and should not be reported at group level.
This Q&A is published by European Insurance and Occupational Pensions Authority and is non-binding. It does not constitute legal advice. Updated weekly from official ESA sources.
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