Question ID: 1425
Regulation Reference: (EU) No 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII)
Article: 197
Statut: Final
Date of submission: 02 Apr 2019
Question
In the situation of Article 197(5)(b) of the Delegated Acts, should the reinsurance recoverable be included in the calculation of the capital requirement for market risk or not?
EIOPA answer
Insofar as no specific exemptions are defined in Article 197(5)(a) or (b), recoverables should be included in both calculations.