EIOPA Β· 3167

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Regulation
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Article
Consultation Paper on EIOPA’s second set of advice to the European Commission on specific items in the Solvency II Delegated Regulation
Topic
Other
Submitted
2024-10-11
Answered
2024-11-20

Question

Regarding the suggested ex-post adjustment in 6.5.3.3. EIOPA’s advice- 425 - 2), is it correct to calculate this additional unit MaxGrossExposure(peril, r, i) in the following way: π‘€π‘Žπ‘₯πΊπ‘Ÿπ‘œπ‘ π‘ πΈπ‘₯π‘π‘œπ‘ π‘’π‘Ÿπ‘’(π‘π‘’π‘Ÿπ‘–π‘™,π‘Ÿ,𝑖)= 𝑄(π‘π‘’π‘Ÿπ‘–π‘™,π‘Ÿ) Γ— π‘Š(π‘π‘’π‘Ÿπ‘–π‘™,π‘Ÿ,𝑖) Γ— β€œSum insured taking account of any deductibles and contractual limits based on the conditions in the underlying contracts(π‘π‘’π‘Ÿπ‘–π‘™,π‘Ÿ,𝑖)” ?

Answer

This question has been rejected because the matter it refers to has been answered in Q&A 3099 - EIOPA (europa.eu) and because technical advice is not within the scope of the Q&A process.(π‘€π‘Žπ‘₯πΊπ‘Ÿπ‘œπ‘ π‘ πΈπ‘₯π‘π‘œπ‘ π‘’π‘Ÿπ‘’(π‘π‘’π‘Ÿπ‘–π‘™,π‘Ÿ,𝑖) should correspond to the sum insured taking account of any deductible.)

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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