EIOPA · 1045

1045

Regulation
(EU) No 2015/2452 - procedures, formats and templates of the solvency and financial condition report
Article
51
Submitted
2017-01-11
Answered
2019-10-15
Browse EIOPA Insurance Register → More Q&As on this regulation →

Question

We have a wholly owned subsidiary situated in a non EEA member state.  We exclude the participation value in our MVBS balance sheet. Can you advise if we should exclude the transactions for this subsidiary from our P+L i.e. premium, claims and commission related to the non-EEA subsidiary.

Answer

If the wholly owned subsidiary situated in a non EEA member state is an insurance subsidiary fully consolidated the amounts of premiums, claims and expenses should be reported in template S.05.01.
View original on European Insurance and Occupational Pensions Authority ↗

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.

Similar Q&As

1546

Answered 2019-09-10

127

Answered 2019-10-31

908

Answered 2019-09-23

Reporting of investments in subsidiaries that are not included in the prudential scope consolidation.

Answered 2014-04-04

1046

Answered 2019-09-23

📋 Track EU financial regulation continuously

Forseti monitors EU financial regulation and delivers personalised alerts anchored to verified official sources.

Start free trial → Learn more

14-day free trial. No credit card required.