Question ID: 1239
Regulation Reference: (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities
Article: 35
Status: Final
Date of submission: 29 Jun 2017
Question
Though C0050 is called number of contracts, it is expected to count the numbers of riders if one Product ID is representing the rider, right?
For group contracts, it is expected to count also the contracts, but not the number of employees covered, right?
EIOPA answer
In cell C0050 is to be reported the number of new contracts during reporting year (this is for all new contracts). If one Product ID is representing the rider then the number of riders during the year is to be counted.
For group contracts the number of employees covered should not be counted. Contracts with more than one policyholder count as only one contract.