Question ID: 2837
Regulation Reference: Guidelines on reporting for financial stability purposes
Topic: Reporting Templates, Financial Stability Reporting
Article: Technical Annex B
Template: S.14.04, S.14.05
Status: Final
Date of submission: 18 Oct 2023
Question
Unlike S.14.01 and S.14.02, in S.14.04 and S.14.05 accepted reinsurance must be taken into account, but here is no reporting by reinsurers required. As a result, the reporting over all companies does not provide an overall overview of the market, neither gross (some accepted reinsurance from non-reinsurers is double) nor net (the business of reinsurers is missing). Is that really wanted?
EIOPA answer
Given that the Financial Stability sample encompasses mostly groups, the exemption of reporting by reinsurance solos should not significantly affect the aggregated results.