EIOPA · 3134
Reporting Templates
- Regulation
- (EU) 2023/894 - ITS with regard to the templates for the submission of information necessary for supervision, (EU) No 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII)
- Article
- 107 & 112 of DR 2015/35
- Topic
- Reporting Templates
- Submitted
- 2024-08-01
- Answered
- 2024-10-17
Question
In QRT S.26.02 (Solvency Capital Requirement — Counterparty default risk), the application of simplifications is required to be reported in R0010/C0010. However, the following two simplifications are not part of the option list. If only these two simplification are applied in counterparty default risk calculation, how should the field R0010/C0010 be filled out? Should option "9 - Simplifications not used" be selected? - Simplification in Article 107 of DA 2015/35 (simplified calculation of risk mitigation effect of reinsurance arrangements) - Simplification in Article 112 of DA 2015/35 (simplified calculation of the risk adjusted value of collateral)
Answer
EIOPA confirms that in the case described option 9 - Simplifications not used is to be selected.
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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