EIOPA · 747

747

Name: EIOPA Q&A 747 — 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: 2016-08-04
Answered: 2019-09-19

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Question

Should claims with 0 incurred losses (for example cases declined or withdrawn) to be included in the count as well?

Answer

The loss distribution profile non-life shows the distribution, in (predefined) brackets, of the claims incurred during the reporting year, therefore claims with 0 incurred losses should not be considered.

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.

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