EIOPA · 2527
Reporting Templates
- Regulation
- (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities
- Article
- 35 of SII Directive
- Topic
- Reporting Templates
- Submitted
- 2022-11-16
- Answered
- 2023-06-07
Question
We have a question which isn't actually a new issue but something we've noticed now while reviewing the 2.8 S.14.01 changes.
Should the values in S.14.01 c0060 (pre- and post- 2.8 as this hasn't changed in 2.8 taxonomy and neither has LOGs) represent all historical premiums or just current financial year?
There is an implicit contradiction in the taxonomy in that:
a) S.14 c0060 datapoint does not (unlike S.14.01 c0070) have dimension "di/year to date" (and hence, implicitly, indicates that this should be total historical premiums and not just the latest financial year); but
b) BV774 is Blocking and states that premiums in s.05.01 should be same as in s.14.01 (and S.05.01 does have have dimension "di/year to date" and the S.05.01 datapoint LOGs state that amount should be year-to-date and not total historical).
Answer
EIOPA confirms that item "Total amount of written premium" (C0060) should be calculated for the period. To furher clarify it, the modelling for this column will be amended and DI/Year to date annotation will be added. Please note, that according to Article 1 (11) of the Delegated Regulation written premiums means the premiums due to an insurance or reinsurance undertaking during a specified time period regardless of whether such premiums relate in whole or in part to insurance or reinsurance cover provided in a different time period.
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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