EIOPA · 694
694
- Regulation
- (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities
- Article
- 35
- Submitted
- 2016-07-06
- Answered
- 2019-09-18
Question
Is there a better formula for the Group SCR?
Should it beR0680 = R0590 + R0670;which isGroup SCR = Consolidated Group SCR + SCR for entities included with D&A method?
Answer
Please refer to the answer to Q544 published on 27 January 2016 under Q&A procedure in the file “Answers to questions on the Final report on the ITS on procedures, formats and templates of the solvency and financial condition report (CP-14-055)”. In this answer it was clarified that the value in cell R0680/C0010 is the sum of the values of “Consolidated Group SCR” (R0590/C0010) and “SCR for entities included with D&A method” (R0670/C0010). It was also confirmed there is a mistake in the instruction, which will be corrected on the first possible opportunity.
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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