Question ID: 2473
Regulation Reference: Guidelines on reporting and public disclosure
Topic: Reporting Templates
Article: INSTRUCTIONS REGARDING REPORTING TEMPLATES FOR INDIVIDUAL UNDERTAKINGS(S.04.04 — Activity by country – location of underwriting)(S.04.04 — Activity by country )
Status: Final
Date of submission: 09 Aug 2022
Question
Could you please specify the gross/net for Claims incurred, Acquisition expenses and Acquisition expenses of which commissions whether it should be reported gross or net (template S.04.04; taxonomy 2.8)?
Background of the question
For premiums written it is specified gross, afterwards at other items (Claims incurred, Acquisition expenses, Acquisition expenses of which commissions) not.
EIOPA answer
In template S.04.04 taxonomy 2.8.0 the claims are to be reported gross of reinsurance but excluding claims management expenses and the movement in provisions in claims management expenses. The Acquisition expenses and Acquisition expenses of which commissions are to be reported gross.