EIOPA · 1500

1500

Regulation
(EU) No 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII)
Article
192
Submitted
2018-05-14
Answered
2019-09-06
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Question

How LGD on REINSURANCE RECEIVABLES is calculated? Does paragraph 6 of Article 192 apply?

Answer

The approach suggested in the answer is correct (i.e. the loss-given-default for reinsurance receivables should be equal to its value in accordance with Article 75 of Directive 2009/138/EC.
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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