Question ID: 2201
Regulation Reference: Guidelines on group solvency
Topic: Disclosure Templates
Article: N/A(ANNEX III)(R0680/C0010 - Group SCR)
Template: S.23.01
Status: Final
Date of submission: 30 Sep 2020
Question
This is regarding the Public disclosure QRT S.23.01.22 where we report the group SCR for the cell R0680/C0010. Currently , we have the formula as : R0680/C0010 = R0590 + R0660. Could you confirm it is still the case.
Background of the question
This query comes up as we report group SCR for both the reporting and disclosure templates, i.e., S.23.01.04 and S.23.01.22 respectively. If we see the last update for S.23.01.04, it sums up R0680 as below : R0680/C0010 = R0590/C0010 + R0670/C0010 but, we still report S.23.01.22 as , R0680/C0010 = R0590/C0010 + R0660/C0010 Since both report the group SCR, could you confirm this is ok or we need to update QRT PD S.23.01.22 R0680 as we have in reporting, that is , R0680/C0010 = R0590/C0010 ( since R0670 does not exist for disclosure)
EIOPA answer
Neither R0590 nor R0670 are reported in S.23.01.22, but this does not change the content of R0680. The value of R0680 is the same, even if it is not possible to validate it with R0590 and R0670 for the .22, i.e. R0680 is expected to have the same value in .04 and .22