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European Insurance and Occupational Pensions Authority
 

Q&A

Question ID: 1930

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

Article: 35

Template: S.21.03

Καθεστώς: Final

Date of submission: 08 Jul 2019

Question

Could you give a precise definition of the term ‘underwriting risk’ in s.21.03?

EIOPA answer

The underwriting risk refers to the sum insured of the main coverage of the policy. In case the policy comprises several elements (buildings, cars…) it must be broken down.