Question ID: 541
Regulation Reference: (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities
Article: 35
Template: S.16.01
Status: Final
Date of submission: 05 Feb 2016
Question
The descriptions of cells C0010/R0030 et C0070/R0040-R0190 of the template S.16.01.01 refer to a Best Estimate. Is it the Best Estimate gross of reinsurance? Or the one that is net of reinsurance?
EIOPA answer
The template should be reported only for annuities formally settled stemming from non-life contracts and relating to health insurance obligations and relating to insurance obligations other than health insurance obligations, considering the amounts gross of reinsurance, meaning without consideration of annuities ceded.