Question ID: 3631
Regulation Reference: (EU) No 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII)
Topic: Technical Provisions (TPs)
Article: 1, 260
Status: Rejected
Date of submission: 11 Aug 2026
Question
We would appreciate clarification on the rationale and intended use of the newly introduced “expected profit included in future fees for servicing and management of funds” for index-linked and unit-linked insurance business, hereafter referred to as EPIFF.
Commission Delegated Regulation (EU) 2026/269 defines EPIFF, specifies its calculation, and introduces the requirement to disclose/report it in the SFCR and RSR. However, the amended text does not appear to specify any further use of this metric or explain the reason for its introduction. Could EIOPA please clarify the purpose of EPIFF? In particular:
- Is EPIFF intended solely as a disclosure and supervisory reporting item?
- Or is it expected to be used for any further supervisory assessment, for example in relation to liquidity risk, risk concentration, quality of own funds, or risk management?
- Is there any additional guidance or explanatory material available on the rationale behind this new requirement?
EIOPA answer
This question has been rejected because it does not relate to the practical application or implementation of the legal framework covered by this Q&A process. The purpose of the disclosure of EPIFF is to provide background information about the technical provisions.