EIOPA · 3318
Reporting Templates
- Regulation
- (EU) 2023/894 - ITS with regard to the templates for the submission of information necessary for supervision
- Topic
- Reporting Templates
- Submitted
- 2025-04-09
- Answered
- 2025-06-06
Question
Are commission claw-backs part of C0071 (Total amount of commissions paid during year) or not?
Answer
Yes, the existence of an appropriate mechanism for reclaiming the inducement in case the product lapses or is surrendered at an early stage or in case the interests of the customer have been harmed (Article 8(2)(e), Commission Delegated Regulation (EU) 2017/2359) should be part of C0071 where a national option has been exercised under Article 22(3) and 29(3), IDD to permit the use of such mechanism. C0071 should reflect the total payments made by an insurer to a distributor for the conclusion or maintenance of an insurance contract.
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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