EIOPA · 1458
1458
- Regulation
- (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities
- Article
- 35
- Submitted
- 2018-04-03
- Answered
- 2019-10-09
Question
The explanatory notes on VA QRTs and the log file for S.29.03 state that the fields C0100/R0310-R0350 in the table S.29.03.01.06 "reflect the technical flows affecting technical provisions but that are not reflected in the closing best estimate".
Could you please give us an example for the Life business where these technical flows are expected to be non-zero?
Answer
In this cells cash-flows regarding claims and benefits settled, including the ones previously projected, should be reported. One example is payment following one death, i.e. it was projected, happened, was settled and is no longer in the closing best estimate. The answer will also be uploaded on our website according to the procedure.
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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