EIOPA · 2611
Reporting Templates
- Regulation
- (EU) 2023/894 - ITS with regard to the templates for the submission of information necessary for supervision
- Article
- physical risk
- Topic
- Reporting Templates
- Submitted
- 2023-03-22
- Answered
- 2023-11-27
Question
Regarding the new S.06.04 template we need some clarification if indirectly held properties are in scope? We have a real estate subsidiary which we report as other financial intermediaries and are not applicable for identification made in C0190 Item title in 06.02 alone on a solo level.
Answer
R0020/C0010 in S.06.04 is reported as proportion of the Solvency II value of property exposed to physical risk, in relation to total of property. Undertakings can use their own methodology to compute the KPI on physical risk. The identification of properties exposed to physical risk should be consistent with the identification made, in C0190 Item in S.06.02. Also indirectly held properties are in the scope of the KPI. For questions related to categorisation of specific asset please consult your local National Supervisory Authority.
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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