EIOPA · 121

121

Name: EIOPA Q&A 121 — EU Financial Regulatory Q&A
Creator: European Insurance and Occupational Pensions Authority
License: https://creativecommons.org/licenses/by/4.0/

Regulation: Guidelines on submission of information to NCAs (Preparatory phase)
Article: 35
Submitted: 2015-01-27
Answered: 2019-10-31

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Question

In relation to cell L1 QRT S.32.01 it is not clear if the total performance reported in this cell is gross or net of taxes. If the cell was definied as "profit/loss" we would understand that it is net of taxes. Since the definition states "total performance" it could be interpretated as the sum of cells J1 (Underwriting performance) and K1 (Investment performance). Could you clarify which one is correct?

Answer

All values on profit/loss and on performance should be reported before taxes.

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.

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