EIOPA · 415

415

Name: EIOPA Q&A 415 — EU Financial Regulatory Q&A
Creator: European Insurance and Occupational Pensions Authority
License: https://creativecommons.org/licenses/by/4.0/

Regulation: (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities
Article: 35
Submitted: 2015-11-24
Answered: 2019-09-17

Browse EIOPA Insurance Register → More Q&As on this regulation →

Question

Could you please confirm that the acquisition expenses should include salaries of underwriters.

Answer

Yes, acquisition costs should include salaries of underwriters as they represent costs “…of selling, underwriting and initiating an insurance contract that has been issued”.

View original on European Insurance and Occupational Pensions Authority ↗

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.

Similar Q&As

414

Answered 2019-09-17

924

Answered 2019-10-15

Answered 2019-10-29

1664

Answered 2019-09-13

Reporting Templates

Answered 2023-12-21

📋 Track EU financial regulation continuously

Forseti monitors EU financial regulation and delivers personalised alerts anchored to verified official sources.

Start free trial → Learn more

14-day free trial. No credit card required.