EIOPA · 1565

1565

Regulation
(EU) No 2015/2450 - templates for the submission of information to the supervisory authorities
Article
35
Submitted
2018-05-24
Answered
2019-10-09

Question

Can you please clarify if the QRT S.16.01.01 is required for reinsurance undertakings? In the LOG file you mention that “This template is interlinked with the non-life template S.19.01. The sum of technical provisions in templates S.16.01 and S.19.01 for one non-life line of business…” On the other side you also mention that for the Solvency II LoBs “The following close list shall be used”, which only includes Solvency II LoBs 1-12 and therefore relates to direct business only. We are therefore unsure if non-life annuities stemming from accepted reinsurance business need to be shown in this QRT or not.

Answer

The template should include accepted reinsurance business and in fact you are right. In cell Z0010 the references should be to: 1 – 1 and 13 Medical expense insurance 2 – 2 and 14 Income protection insurance 3 – 3 and 15 Workers' compensation insurance 4 – 4 and 16 Motor vehicle liability insurance 5 – 5 and 17 Other motor insurance 6 – 6 and 18 Marine, aviation and transport insurance 7 – 7 and 19 Fire and other damage to property insurance 8 – 8 and 20 General liability insurance 9 – 9 and 21 Credit and suretyship insurance 10 – 10 and 22 Legal expenses insurance 11 – 11 and 23 Assistance 12 – 12 and 24 Miscellaneous financial loss 25 – Non–proportional health reinsurance 26 – Non–proportional casualty reinsurance 27 – Non–proportional marine, aviation and transport reinsurance 28 – Non–proportional property reinsurance In line with template S.19.01.

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.

Similar Q&As

📋 Track EU financial regulation continuously

Forseti monitors EU financial regulation and delivers personalised alerts anchored to verified official sources.

14-day free trial. No credit card required.