Question ID: 2386
Regulation Reference: (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities
Topic: Reporting Templates
Article: 35 of SII Directive(Rating of the reinsurer at the reporting reference date issued by the nominated credit assessment institution (ECAI))
Template: S.30.02
Status: Rejected
Date of submission: 08 Feb 2022
Question
I have a doubt: in the event that a reinsurer has two ratings, let's say for example A and A, placed on the same day by two different external rating agencies, for the reports to eiopa, it would have to put both or just one could be enough? i tried to figure out but i dont find the answer here. Thanks in advance
EIOPA answer
This question has been rejected because the matter it refers to has been answered in Q&A 952. The undertaking should use the external rating used to assess the counterparty default risk.