EIOPA · 145
145
- Regulation
- Guidelines on submission of information to NCAs (Preparatory phase)
- Article
- 35
- Submitted
- 2015-03-13
- Answered
- 2019-10-31
Question
A follow-up question to Q&A N° 51 and 31 (n. 3).
Do we need to report in template S.33.01 Standard Formula data of insurance non-EEA undertakings, consolidated with Method 1?If no, where we have to report them?
Answer
All non-EEA (re-)insurance undertakings should be reported in template S.33.01, regardless of the method used. This template is applicable under method 1 as defined in Article 230 of Directive 2009/138/EC, method 2 as defined in Article 233 of the Directive 2009/138/EC and a combination of methods in the following way:- The first part of it (Cells C0060 to C0230) collects the information on the individual requirements of EEA and non EEA insurance and reinsurance undertakings using Solvency II rules included only via D&A;- The second part of it (Cells C0240 to C0260) collects information on the local requirements of all non EEA insurance and reinsurance undertakings (both using Solvency II rules and not using Solvency II rules) regardless of the method used.
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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