EIOPA · 2442
Solvency Capital Requirement (SCR)
- Regulation
- (EU) No 2009/138 - Solvency II Directive (Insurance and Reinsurance)
- Article
- N/A
- Topic
- Solvency Capital Requirement (SCR)
- Submitted
- 2022-05-25
- Answered
- 2022-08-24
Question
According to the solvency regulation requirement only premium receivables due are recognized as a receivables in the balance sheet. Moreover, some exposición such as receivables from intermediaries, policyholder debtor and so on are considered as type 2 exposure. In that regard, could you please clarify if all the premium receivables (due and the ones included in the technical provision) should be considered when calculating the counterpary risk SCR.
Answer
Premium receivables from policyholder debtors due and recognized in the balance sheet (assets side) should be considered when calculating the counterparty risk. Future premiums (included in the technical provision)are not taken in consideration to calculate counterparty risk.
You can also see Q&A 564.
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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