Q&A

Question

In the templates for non life claims (i.e S.19.01.01, S.20.01.01 etc), Does the data needs to be aggregated with respect to Line of Business and Currency or should it be reported as it is collected?
For example, the following three lines exist for“Fire and other damage to property insurance [direct business and accepted proportional reinsurance]” 

 -          Direct fire business that written in UK thus in GBP, triangle is accumulated by AY
-          Inward proportional fire reinsurance valuated in GBP, triangle is accumulated by UY
-          Direct fire business that written in EU thus in EUR, triangle is accumulated by AY

For the first should the first two lines be aggragated together in one triangle for the purpose of Solvency Reporting, or can the three lines be reported as they are?

EIOPA answer

The reporting requirements of both templates do not require a lowest level of granularity than the LoB as defined in Annex I of the Delegated Regulation.

However, to comply with the requirement regarding the use of AY or UY the amounts in the example would need to be reported in two different triangles, one for AY and other to UY, both referring to the LoB "Fire and other damage to property insurance" (including all currencies).

In addition, if the amounts in EUR exceed the threshold an additional triangle would need to be reported.