EIOPA · 2803
Reporting Templates
- Regulation
- (EU) 2023/894 - ITS with regard to the templates for the submission of information necessary for supervision
- Article
- N/A
- Topic
- Reporting Templates
- Submitted
- 2023-09-22
- Answered
- 2023-12-07
Question
We have a question regarding template S.14.03 item C0140 Technical Provisions [Amount of technical provisions, for the relevant product Identification]. Does this metric refer to local GAAP data or to the calculation rules according to SII. If it refers to SII, a note would be appropriate such as: Technical provisions should be entered here in accordance with the provisions of QRT S.17.01 (QRT S.17.01, R0320). If the metric refers to local GAAP it should be specified.
Answer
Technical provisions reported in Solvency II quantitative reporting templates, including S.14.03, should be Solvency II technical provisions unless otherwise stated (e.g., C0020/R0510-R0730 of S.02.01).
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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