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European Insurance and Occupational Pensions Authority

646

Q&A

Question ID: 646

Regulation Reference: (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities

Article: 35

Template: S.29.01

Status: Final

Date of submission: 26 Apr 2016

Question

I would be most grateful for your view on the year 1 completion of the S.29 templates (S.29.01, S.29.02, S.29.03, S.29.04), the movement in capital/reserves etc – as this contains comparative year figures.

FIL Life Insurance has a 30th June year end and is therefore not required to submit a day 1 position. My question therefore concerns whether we are supposed to complete S.29 for 30th June 2016 as there is no comparative or are your expecting the comparative to be our theoretical position as at 1st January 2016.

EIOPA answer

EIOPA confirms that templates S.29s are only required when two Solvency II reporting figures are available, i.e. for December year end companies in relation to 31/12/2017 or 30/06/2017 in the case referred.