EIOPA · 2801
Reporting Templates
- Regulation
- (EU) 2023/894 - ITS with regard to the templates for the submission of information necessary for supervision
- Topic
- Reporting Templates
- Submitted
- 2023-09-22
- Answered
- 2023-11-09
Question
We have a question regarding item C0090 Premium(s) [Amount of the total premium(s) earned for the reported product Identification]. To prevent misunderstandings, how are the premiums specified? One option would be a specification as in QRT 14.02: „Total amount of gross written premiums as defined in Article 1(11) of Delegated Regulation (EU) 2015/35 …“ another option would be a specification as gross earned written premiums as defined in Article 1(12) of Delegated Regulation (EU) 2015/35.
Answer
The premiums in item C0090 of template S.14.03 are reported as gross earned written premiums, as also indicated in the ITS (reason: basis for loss ratio).
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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