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European Insurance and Occupational Pensions Authority

1567

Q&A

Question ID: 1567

Regulation Reference: (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities

Article: 35

Template: S.14.01

Status: Final

Date of submission: 15 Jun 2018

Question

Can you please clarify if the QRT S.14.01.01 needs to be filled with Life business which does not annuities but is written under Non-Life contracts? In the LOG file you mention that the QRT should include “…life insurance contracts […] and also includes annuities stemming from non-life contracts”.

In our case there is exist non-life insurance contracts which have a health similar to life component. Based on the LOG file we assume that these contracts don’t have to be shown in the S.14.01.01, because they are neither life contracts nor non-life annuities. Is this interpretation correct?

EIOPA answer

Template S.14.01.01 includes all life insurance and reinsurance obligations including annuities stemming from non-life contracts, by product and by homogeneous risk groups issued by the undertaking. I.e. also life obligations arising from non-life contracts should be reported.