EIOPA · 2957
Reporting Templates
- Regulation
- (EU) 2023/894 - ITS with regard to the templates for the submission of information necessary for supervision
- Topic
- Reporting Templates
- Submitted
- 2024-01-18
- Answered
- 2024-12-12
Question
In the new taxonomy 2.8.0 the cash flow reporting in S.13.01.01.01 shall be subdivided into Future guaranteed benefits (C0051) and Future discretionary benefits (C0055) for Index linked and unit-linked insurance. In unit linked business, for example, there are normally not any guaranteed cash-flows, not either any discretionary benefits. In which column shall the cash flows for ordinary unit-linked business be presented?
Background
Difficulties to decide on which column to put ordinary unit-linked cash flows without guarantees in S.13.01.01.01. Should it be presented in C0051 or in C0055?
Answer
Only cash flows meeting the definition in Article 1(35) of the Delegated Regulation should be included in C0055 “Future discretionary benefits". Therefore, cash flows from unit-linked products should be reported in C0051 “Future guaranteed benefits".
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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