Reporting Templates

Your understanding is correct. Background information and an example can be found in this Q&A file on the Internal Models templates: https://www.eiopa.europa.eu/document/download/9b601aa7-4691-4ba6-9dec-4f6b2a46f9c5_en?filename=Internal%20Model%20templates%202.8.0%20release_Q%26As_0.xlsx(The Z axis should denote catastrophe scenarios (e.g. EU windstorm, IT earthquake, US terror) rather than internal LoB.Background: For Cat risk, usually a scenario centric view is applied i.e. model results are loss distributions for the catastrophe scenario, i.e. a region-peril combination (e.g. EU windstorm, IT earthquake, US terror) under consideration. This loss distribution reflects the exposure from all lines of business (LoB) at risk. A view by LoB is clearly less important, and accordingly, is generated occasionally only. In this aspect, cat modelling is different from non-cat modelling. Therefore, the Z axis should denote catastrophe scenarios.)