Question ID: 2295
Regulation Reference: (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities
Topic: Reporting Templates
Article: N/A(S.20.01 — Development of the distribution of the claims incurred)
Template: S.20.01
Status: Final
Date of submission: 20 May 2021
Question
According to the log files it is stated that form S.19.01.01.05 must be reported undiscounted, but form S.19.01.01.06 on a discounted basis. However, the logfiles do not explicitly state if S.20 must be reported on discounted or undiscounted basis. Can you clarify and explain this?
Background of the question
We have a discussion with an insurance company on how this should be reported.
EIOPA answer
RBNS claims should be reported undiscounted in S.20.01