Question ID: 3077
Regulation Reference: (EU) 2023/894 - ITS with regard to the templates for the submission of information necessary for supervision
Topic: Reporting Templates
Template: S.37.01
Status: Under Review
Date of submission: 18 Apr 2024
Question
My question is relating the relationship between S.37.01 and S.37.02 . I understand that S.37.01 requires only significant risks to be reported whereas S.37.02 requires all risks to be reported. My confusion is where we have an insurance policy with a counterparty which does not meet the threshold of S.37.01 to be reported, but is still an exposure- does this need to be reported in S.37.02? We do have thousands of policies that we are struggling to report this way in S.37.02.