EIOPA · 1704
Reporting Templates
- Regulation
- (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities
- Article
- NA
- Topic
- Reporting Templates
- Submitted
- 2018-09-05
- Answered
- 2020-05-26
Question
Is it possible to specify “original currency” as the currency of gross Best Estimate claims provisions valuation?
Answer
EIOPA confirms that "original currency" can not be specified as the currency of the gross Best Estimate claims provisions valuation as it is the original currency of the contracts.
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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