Question ID: 556
Regulation Reference: (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities
Article: 35
Template: S.17.01, S.17.02
Status: Final
Date of submission: 23 Feb 2016
Question
The Log for form S.17.02.01 state that only information on direct business should be reported on this form. However, the validation for XBRL comparing information reported in this form and that reported on S.17.01.01 includes the total gross best estimate amount reported on S.17.01.01.
Could you please clarify which of these is correct.
EIOPA answer
BV446-BV457 are the validations referred to in the question.
The validation is correct as it states that the amounts reported in S.17.02 (only direct business) has to be <= to the amounts reported in S.17.01 (direct business and accepted reinsurance).
However the error message could be improved as it implies an equality between both amounts. This will be included in the list of known issues and amended in the next release of the taxonomy.