EIOPA · 3452
Minimum Capital Requirement (MCR), Reporting Templates
- Regulation
- (EU) 2023/894 - ITS with regard to the templates for the submission of information necessary for supervision
- Topic
- Minimum Capital Requirement (MCR), Reporting Templates
- Submitted
- 2025-11-03
- Answered
- 2025-12-01
Question
“We have one error in S.28.01 QRT BV918 with regards to position R0230/C0050. This is the first quarter when we have Unit Linked business and the value of technical provisions is negative since portfolio is very profitable and the business just started. However the validation restricts us from having a negative value. The instructions of the positions refer to “floor equal to zero”. Does this mean that we should report 0 in this case?”
Answer
The question has been rejected as the issue it deals with is already clarified in the instructions of Cell R0230/C0050 (Index–linked and unit–linked insurance obligations – Net (of reinsurance/SPV) best estimate and TP calculated as a whole) for S.28.01 in the Commission Implementing Regulation (EU) 2023/894 - ITS with regard to the templates for the submission of information necessary for supervision. EIOPA confirms that if the calculation would lead to a negative value, zero should be put in Cell R0230/C0050 . For additional background on the validations, see also 558 - EIOPA.
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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