EIOPA · 645
645
- Regulation
- (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities
- Article
- 35
- Submitted
- 2016-04-26
- Answered
- 2019-09-18
Question
Both S.30.02 and S.30.04 ask for information about brokers. What is to be provided in the situation where an insurer has entered into a reinsurance arrangement without the use of an intermediary? Since blank entries would not appear to be allowed, we are assuming that the insurer is to be regarded as its own broker and for the relevant fields to be completed accordingly. Please confirm you agree; else provide guidance as to the correct course of action.
Answer
In fact brokers are not mandatory. If no broker is used the cells must be left empty. We will amend the Filling rules accordingly.
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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