EIOPA · 2675
Reporting Templates
- Regulation
- (EU) 2023/894 - ITS with regard to the templates for the submission of information necessary for supervision
- Article
- Template: S.26.13
- Topic
- Reporting Templates
- Submitted
- 2023-06-07
- Answered
- 2023-08-21
Question
Template code: S.26.13 Template title: Internal model - Non-life & Health NSLT Underwriting risk
Should we fill for table: “Overall Non-Life and Health NSLT gross of reinsurance” under the cell C0140 the diversification between Premium and Reserve risk?
Background
In the document: 2450_ITS_reporting_consolidated_AnnexII_solo instructions_S.26.02_to_S.36.05.docx, page 83, is stated: “The word diversified is in this template used to differentiate between different levels of granularity (e.g. diversified reserve risk is the overall aggregated reserve risk in comparison to the sum of undiversified S2LoBs).”
Answer
The column C0140 should include any diversification benefit stemming from diversified Premium Risk, Reserve Risk and Cat Risk upwards in order to arrive at the Non-Life and NSLT Health. Granularities within these three risks should not contribute to the reported diversification in this column. Consistently C0130 should include the sum of the diversified Premium Risk, Reserve Risk and Cat Risk.
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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