EIOPA · 1883
1883
- Regulation
- Guidelines on reporting for financial stability purposes
- Article
- 35
- Submitted
- 2019-05-03
- Answered
- 2019-10-18
Question
S.40.01.10: For reinsurer, there is the typical profit commission in reinsurance treaty, whether this should be treated as Discretionary benefit?
Answer
This template is to be reported on a best-effort basis and should capture the amount of discretionary benefits distributed, vested, declared or allotted to policyholders over the monitoring period. If the commission is paid to the reinsurer, and not allocated to policyholders, it should not be treated as a discretionary benefit.
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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