EIOPA · 1930
1930
- Regulation
- (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities
- Article
- 35
- Submitted
- 2019-07-08
- Answered
- 2019-10-15
Question
Could you give a precise definition of the term ‘underwriting risk’ in s.21.03?
Answer
The underwriting risk refers to the sum insured of the main coverage of the policy. In case the policy comprises several elements (buildings, cars…) it must be broken down.
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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