386

Name: EIOPA Q&A 386 — EU Financial Regulatory Q&A
Creator: European Insurance and Occupational Pensions Authority
License: https://creativecommons.org/licenses/by/4.0/

Question

In consolidation method, Group Risk Margin being a function of Risk Margin at solo level (as the sum), is the "undertaking" reference a "solo net of intra-group" or "solo gross of intra-group" ?

European Insurance and Occupational Pensions Authority · Accepted Answer

Consolidated risk margin should be calculated as the simple sum of the risk margin of the participating insurance or reinsurance undertaking and the proportional shares of the risk margin of related insurance and insurance undertakings, which means it should be gross of intra-group transactions.

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Question

Answer