EIOPA · 201
201
- Regulation
- Guidelines on submission of information to NCAs (Preparatory phase)
- Article
- 35
- Submitted
- 2015-10-29
- Answered
- 2019-11-04
Question
In the document « Taxonomical business validations », in the validation rule « Annex II Logs - S.26.04:A26 + Errata », "Diversification within health underwriting risk module" is written to be equal to: Diversification within health underwriting risk module (Net) =+ Total capital requirement for health underwriting risk (Net) (A27)- Total capital requirement for SLT health underwriting risk (D10)- Total NSLT health lapse risk (D20)- Total capital requirement for health catastrophe risk (A25)
Could you explain why you don’t subtract the “NSLT Health premium and reserve risk” too?
Answer
The cell D20 (new C0240/R1400) does not correspond to “Total NSLT health lapse risk” as indicated in the question but to “Total NSLT health underwriting risk” which is the sum of “NSLT Health premium and reserve risk” with “NSLT Health lapse risk”. The formula is correct.
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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