EIOPA · 2637
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
- 2023-05-16
- Answered
- 2023-07-24
Question
We find it difficult to interpret the explanation at C0030. Most of our insurance covers are Motor and Transport. Although there are climate-related risks in there, these are not-material in relation to the other risks. We do not calculate an explicit premium for those risks so far. How should we fill in C0030 now? Premium 0?
Answer
The information collected in C0030 of Templates S.14.02 aims at identifying the total liabilities exposed to climate risks. This should indicate the percentage of total premium which would cover climate related perils and/or not specifically exclude pay-outs for climate related perils. If none of the products in the portfolio cover climate related perils it should indicate 0.
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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