Question ID: 1040
Regulation Reference: (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities
Article: 35
Template: S.04.01
Status: Final
Date of submission: 11 Jan 2017
Question
What is country defintion for accepted reinsurance business for S.04.01?
EIOPA answer
The country definition is in this case the same for both direct business and accepted reinsurance. The template is to be reported informing the country where the business was underwritten. So, in this case the country definition depends whether the accepted reinsurance was accepted by the undertaking, by any branch in the country where it is established or by any of the previous under freedom to provide services. Who is ceding business is not relevant, only where it has been underwritten.