Question ID: 1500
Regulation Reference: (EU) No 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII)
Article: 192
Status: Final
Date of submission: 14 May 2018
Question
How LGD on REINSURANCE RECEIVABLES is calculated? Does paragraph 6 of Article 192 apply?
EIOPA answer
The approach suggested in the answer is correct (i.e. the loss-given-default for reinsurance receivables should be equal to its value in accordance with Article 75 of Directive 2009/138/EC.