EIOPA · 2538

Reporting Templates

Regulation
(EU) No 2015/2450 - templates for the submission of information to the supervisory authorities
Article
Article 35 of SII Directive
Topic
Reporting Templates
Submitted
2022-12-07
Answered
2023-04-28

Question

For this material threshold calculation, do we calculate per line of business or do we need to group for one line of business the direct business + accepted proportional reinsurance ? For example for this material line of business calculation, do we consider Medical expense insurance as a line of business and Medical expense insurance PR as another line of business ? or we need to group Medical expense insurance + Medical expense insurance PR as one line of business? As for the cell C1000/R1000, Lines of business included, we group direct business and accepted proportional reinsurance as specified below . Identify the material lines of business considered in this template. The following closed list of multi-selection choice shall be used: 1 — 1 and 13 Medical expense insurance 2 — 2 and 14 Income protection insurance 3 — 3 and 15 Workers' compensation insurance 4 — 4 and 16 Motor vehicle liability insurance 5 — 5 and 17 Other motor insurance 6 — 6 and 18 Marine, aviation and transport insurance 7 — 7 and 19 Fire and other damage to property insurance 8 — 8 and 20 General liability insurance 9 — 9 and 21 Credit and suretyship insurance 10 — 10 and 22 Legal expenses insurance 11 — 11 and 23 Assistance 12 — 12 and 24 Miscellaneous financial loss 25 — Non–proportional health reinsurance 26 — Non–proportional casualty reinsurance 27 — Non–proportional marine, aviation and transport reinsurance 28 — Non–proportional property reinsurance

Background

material line of business calculation; do we need to group direct business and accepted proportional reinsurance

Answer

The interpretation is correct, direct business and proportional reinsurance should be grouped to assess the threshold in S.18.01. Following the example, Medical expense insurance +  Medical expense proportional reinsurance should be treated as one single LoB as for the cell C1000/R1000​.

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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