EIOPA · 1149
1149
- Regulation
- (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities
- Article
- 35
- Submitted
- 2017-04-05
- Answered
- 2019-09-24
Question
After reading EIOPA’s answer to question #767 on QRT S.14.01 I’m still not clear. If a reinsurer has 1 reinsurance contract with a cedant, and there are 100 contracts between the cedant and policyholders covered by that reinsurance contract – how many contracts should the reinsurer report on this QRT? Should it be (a) 100, or (b) 1?
Answer
In the case given the reinsurer should report 1 contract. The sentence from 767 should be read: "In the case referred the information regarding the number of contracts should relate to the reinsurance contracts originating the technical provision in the reinsurer balance-sheet.
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
📋 Track EU financial regulation continuously
Forseti monitors EU financial regulation and delivers personalised alerts anchored to verified official sources.
14-day free trial. No credit card required.