EIOPA · 1567
1567
- Regulation
- (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities
- Article
- 35
- Submitted
- 2018-06-15
- Answered
- 2019-10-09
Question
Can you please clarify if the QRT S.14.01.01 needs to be filled with Life business which does not annuities but is written under Non-Life contracts? In the LOG file you mention that the QRT should include “…life insurance contracts […] and also includes annuities stemming from non-life contracts”.
In our case there is exist non-life insurance contracts which have a health similar to life component. Based on the LOG file we assume that these contracts don’t have to be shown in the S.14.01.01, because they are neither life contracts nor non-life annuities. Is this interpretation correct?
Answer
Template S.14.01.01 includes all life insurance and reinsurance obligations including annuities stemming from non-life contracts, by product and by homogeneous risk groups issued by the undertaking. I.e. also life obligations arising from non-life contracts should be reported.
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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