EIOPA · 3063 - FICOD005

Reporting templates on risk concentrations and intra-group transactions for conglomerates (FICOD)

Name: Reporting templates on risk concentrations and intra-group transactions for conglomerates (FICOD): EIOPA Q&A — EU Financial Regulatory Q&A
Creator: European Insurance and Occupational Pensions Authority
License: https://creativecommons.org/licenses/by/4.0/

Regulation: (EU) 2022/2454 - ITS with regard to supervisory reporting of risk concentrations and intra-group transactions (FICOD
Article: Annex II
Topic: Reporting templates on risk concentrations and intra-group transactions for conglomerates (FICOD)
Submitted: 2024-04-03
Answered: 2025-02-13

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Question

In the new template FC.06 Risk Concentration – Exposure by counterparties there is a field for Assets whose risks are mainly borne by the policyholders”. Is there a predefined threshold or definition to explain “mainly”? If we are correct, there is no definition of when risks should be considered “mainly borne by the policyholders” under the Solvency II taxonomy either. Could you clarify what is specifically expected?

Background

Confirmation is sought on what type of assets shall be considered under the column “Assets whose risks are mainly borne by the policyholders”.

Answer

Column FC0130 only relates to insurance activities and shall reflect the value of assets held in relation to unit-linked or index-linked life insurance contracts.

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