EIOPA · 1278
1278
- Regulation
- (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities
- Article
- 35
- Submitted
- 2017-09-07
- Answered
- 2019-10-08
Question
Where a health insurance market has a risk equalisation system in place, it is not clear whether/how the payments to/from undertakings should be captured in S.05.01. For some providers these payments will be a net cost and for others a net income.(a) Should these payments be reflected in S.05.01?(b) If so, how should these be presented?
Answer
Template S.05.01 shall be reported from an accounting perspective, i.e.: Local GAAP or IFRS if accepted as local GAAP but using SII lines of business. Therefore, by default follows the structure of the Directive 91/674/EEC.
However, only selected items from the technical account are requested and changes in equalization reserve (item C(5)) are not included in S.05.01. Please see also Q&A 927.
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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