EIOPA · 84
84
- Regulation
- Guidelines on submission of information to NCAs (Preparatory phase)
- Article
- 35
- Submitted
- 2014-07-23
- Answered
- 2019-10-29
Question
Regarding the quantitative reporting template S.12.01.b for the preparatory phase I have the following question:
Under additional information, Gross BE for different countries is reported (cells from J1 to JF14).If Technical Provisions for a specific line of business are calculated "as a whole", what value should be reported in the cells mentioned above (BEL)? When calculating TP as a whole BEL nor Risk Margin are calculated.
Answer
The TP calculated as a whole should also be reported by country. In fact, in the template as published for the preparatory phase this situation is not clear. This situation will be made clear in the Technical Standard.
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.