EIOPA · 2473
Reporting Templates
- Regulation
- Guidelines on reporting and public disclosure
- Article
- INSTRUCTIONS REGARDING REPORTING TEMPLATES FOR INDIVIDUAL UNDERTAKINGS
- Topic
- Reporting Templates
- Submitted
- 2022-08-09
- Answered
- 2022-12-14
Question
Could you please specify the gross/net for Claims incurred, Acquisition expenses and Acquisition expenses of which commissions whether it should be reported gross or net (template S.04.04; taxonomy 2.8)?
Background
For premiums written it is specified gross, afterwards at other items (Claims incurred, Acquisition expenses, Acquisition expenses of which commissions) not.
Answer
In template S.04.04 taxonomy 2.8.0 the claims are to be reported gross of reinsurance but excluding claims management expenses and the movement in provisions in claims management expenses. The Acquisition expenses and Acquisition expenses of which commissions are to be reported gross.
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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