Question ID: 3148
Regulation Reference: (EU) 2023/894 - ITS with regard to the templates for the submission of information necessary for supervision
Topic: Reporting Templates
Template: S.30.03
Status: Rejected
Date of submission: 29 Aug 2024
Question
Is it the case that in column Maximum cover per treaty C0240, the total reinsurance cover including all reinstatements per reinsurance agreement should be reported, and that the amount will be the same for each reporting line for the agreement in question? Is it the case that in column Coverage of a layer covered by reinsurance C0245, reinsurance coverage inclusive and reinstatements per layer should be reported?
Background of the question
Template S.30.03 Many (most) report an amount that is per layer and including reinstatements for the relevant layer in Maximum cover per treaty C0240. With the introduction of the column Coverage of a layer covered by reinsurance C0245, I assume that the reporting practice for C0240 is incorrect.
EIOPA answer
This question has been rejected because the matter it refers to has been answered in the third question in Q&A 2717. Please also note that S.30.03 is going to be reviewed in the next ITS amendment.