EIOPA · 767
767
- Regulation
- (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities
- Article
- 35
- Submitted
- 2016-08-05
- Answered
- 2019-09-19
Question
Could you please specify in more detail what kind of data is expected w.r.t. accepted reinsurance.Shall the data reflect the contracts and products in the portfolio of the direct insurer or the contracts between reinsurer and direct insurer?
Does e.g. the contract in number of contracts refer to the contract between reinsurer and direct insurer? Or to the number of contracts in the portfolio of the direct insurer that are subject to the reinsurance contract?
Answer
All information reported should refer to the accepted reinsurance. In the case referred the information regarding the number of contracts should relate to the reinsurance contracts originating the technical provision. It would correspond to the number of contracts where the undertaking acts as reinsurer.
In this case, in particular, C0100 (Product classification) should be filled in with “5 – Other” and C0140 should be filled in with “4 - Other, any other case not mentioned in options above or a combination”.
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.
📋 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.