Question ID: 2035
Regulation Reference: (EU) No 2009/138 - Solvency II Directive (Insurance and Reinsurance)
Topic: Reporting Templates
Article: NA
Template: S.27.01
Status: Final
Date of submission: 10 Oct 2019
Question
Why do you ask to report the number of vessels below 250k whereas in delegated acts, you ask to evaluate the risk of vessels over 250k ?
Background of the question
Vessels below 250k are not charged in the marine risk sub-module of the standard formula. Therefore the number of vessels below that threshold is asked for information purposes to assess whether the number of vessels below the threshold is significantly different for undertakings that have at least one vessel over the threshold compared to undertakings that do not have any vessel over the threshold.