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.
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