EIOPA · 392
392
- Regulation
- (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities
- Article
- 35
- Submitted
- 2015-11-06
- Answered
- 2019-09-17
Question
Is it correct that R0010 (Country) is closed per FPS (C0030), otherwise no country could be reported per FPS within S.04.02.01 - Information on class 10 in Part A of Annex I of Solvency II Directive, excluding carrier's liability.
Answer
The information regarding FPS is to be reported by branch and not by country. As an example, if in R0010/C0020 country A is identified, the following items needs to be reported:
- Frequency of claims for Motor Vehicle Liability (except carrier's liability) in relation to the business performed in the country A in R0020/C0020
- Frequency of claims for Motor Vehicle Liability (except carrier's liability) in relation to the business performed through freedom to provide services (in all countries) by the branch established in country A in R0020/C0030.
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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