EIOPA · 2122
Internal Models (IMs)
- Regulation
- Guidelines on use of internal models
- Article
- NA
- Topic
- Internal Models (IMs)
- Submitted
- 2020-03-23
- Answered
- 2020-05-05
Question
We received an error while submitting the annual QRT's 2019."The amount/estimate of the overall adjustment for loss-absorbing capacity of technical provisions reported in S.25.02 - Solvency Capital Requirement - for undertakings using the standard formula and partial internal model should be negative. -->Template 1: S.25.02; Expression: {r0300,c0100}
Answer
This validation corresponds to the logs specifying that "This amount shall be reported as a negative amount." If there is no adjustment for loss absorbing capacity the cell can be left empty.
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.
Similar Q&As
📋 Track EU financial regulation continuously
Forseti monitors EU financial regulation and delivers personalised alerts anchored to verified official sources.
14-day free trial. No credit card required.