EIOPA · 924

924

Regulation
(EU) No 2015/2452 - procedures, formats and templates of the solvency and financial condition report
Article
51
Submitted
2016-12-06
Answered
2019-10-15

Question

We have a question regarding Acquisition expenses. Should the acquisition expenses include the commission received from the reinsurers for the ceded busines?If not, where such income should be reported?

Answer

Commission received from the reinsurers for the ceded business should be reported in Acquisition expenses, under the “Reinsurers' share” in rows R0940 or R2220.

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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