Question ID: 3354
Regulation Reference: (EU) 2023/894 - ITS with regard to the templates for the submission of information necessary for supervision
Topic: Reporting Templates
Article: n/a
Template: S.37.01, S.37.02, S.37.03
Status: Rejected
Date of submission: 26 May 2025
Question
QRTs S.37.02 and S.37.03 require reporting the respective amounts 'after insurance risk mitigation techniques (net amount)'. We would like to seek clarification on what this exactly means. Is our understanding correct in assuming that the requirement is met when considering the effects of corresponding derivatives? For example, offsetting effects from interest rate or foreign exchange derivatives and the respective net exposure in S.37.03.
Background of the question
n/a
EIOPA answer
This question has been rejected because it deals with an issue that is already addressed in the instructions of S.37s in Commission Implementing Regulation (EU) 2023/894 - ITS with regard to the templates for the submission of information necessary for supervision.
The reporting instructions for S.37.02 and S.37.03 should be read in conjunction with the instructions for S.37.01, which specifically includes the use of derivatives in the definition of risk mitigation techniques (see instructions C0310-C0330 of S.37.01).