EIOPA · 2627
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
- 2023-04-28
- Answered
- 2023-06-09
Question
Thanks for the response to question Q&A 2604. We have follow-up questions regards: a) if S.04.05.01 should be reported for the run-off case (as indicated by Q&A #2604) - how can we determine which countries make up the 95% threshold, given that threshold is based on GWP and GWP is 0 for all countries? b) Can EIOPA please confirm that in this run-off case S.04.05.21 is not required to be reported.
Answer
EIOPA confirms that template S.04.05 should be reported for the run-off case. The template includes information on claims and expenses, which is still relevant information in a run-off scenario. Considering the specific situation and the difficulties in using the threshold of 95% of GWP in case of run-off the template should include the material jurisdictions in which the undertaking was actively writing business before the run-off.
EIOPA confirms that in run-off case S.04.05.21 should be reported. The reporting should be done consistently (from a country-by-country perspective) with what was disclosed before entering run-off.
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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