In "GL on reporting and public disclose" and "CP-14-052" it is stated about S.26.01 that:
"Amounts before and after shock shall be filled in with the amount of assets and liabilities sensitive to that shock. For the liabilities the assessment shall be done at the most granular level available between contract and homogeneous risk group. This means that if a contract/HRG is sensitive to a shock the amount of liabilities associated to that contract/HRG shall be reported as amount sensitive to that shock."

Does this mean that the liabilities columns should include:
1. Only FDB (as this part can be loss-absorbing, and therefore is the only part of the insurance liabilities affecting the market risk directly)
2. Best estimates excl risk margin
3. Best Estimates incl risk margin