EIOPA · 933
933
- Regulation
- (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities
- Article
- 35
- Submitted
- 2016-12-16
- Answered
- 2019-09-23
Question
What “Type of asset for which the collateral is held” (C0140) can be used for technical Insurance, Reinsurance and Retrocession business related collateral? 0 - Other investments (including receivables)?
Answer
The general comments of template S.11.01 state: "This template contains an item-by-item list of off-balance sheet assets held as collateral for covering balance sheet assets held directly by the undertaking (i.e. not on a look-through basis)."
Considering this comment the collateral covering insurance technical provisions should not be reported.The collateral covering Reinsurance receivables should be reported and in C0140 the option "0 – Other investments" shoud be chosen.
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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