EIOPA · 1425
1425
- Regulation
- (EU) No 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII)
- Article
- 197
- Submitted
- 2019-04-02
- Answered
- 2019-09-12
Question
In the situation of Article 197(5)(b) of the Delegated Acts, should the reinsurance recoverable be included in the calculation of the capital requirement for market risk or not?
Answer
Insofar as no specific exemptions are defined in Article 197(5)(a) or (b), recoverables should be included in both calculations.
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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