EIOPA · 541

541

Regulation
(EU) No 2015/2450 - templates for the submission of information to the supervisory authorities
Article
35
Submitted
2016-02-05
Answered
2019-09-17

Question

The descriptions of cells C0010/R0030 et C0070/R0040-R0190 of the template S.16.01.01 refer to a Best Estimate. Is it the Best Estimate gross of reinsurance? Or the one that is net of reinsurance?

Answer

The template should be reported only for annuities formally settled stemming from non-life contracts and relating to health insurance obligations and relating to insurance obligations other than health insurance obligations, considering the amounts gross of reinsurance, meaning without consideration of annuities ceded.

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

📋 Track EU financial regulation continuously

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

14-day free trial. No credit card required.