Question ID: 2442
Regulation Reference: (EU) No 2009/138 - Solvency II Directive (Insurance and Reinsurance)
Topic: Solvency Capital Requirement (SCR)
Article: N/A
Status: Final
Date of submission: 25 May 2022
Question
According to the solvency regulation requirement only premium receivables due are recognized as a receivables in the balance sheet. Moreover, some exposición such as receivables from intermediaries, policyholder debtor and so on are considered as type 2 exposure. In that regard, could you please clarify if all the premium receivables (due and the ones included in the technical provision) should be considered when calculating the counterpary risk SCR.
EIOPA answer
Premium receivables from policyholder debtors due and recognized in the balance sheet (assets side) should be considered when calculating the counterparty risk. Future premiums (included in the technical provision)are not taken in consideration to calculate counterparty risk.
You can also see Q&A 564.