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European Insurance and Occupational Pensions Authority

694

Q&A

Question ID: 694

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

Article: 35

Status: Final

Date of submission: 06 Jul 2016

Question

Is there a better formula for the Group SCR?

Should it be
R0680 = R0590 + R0670;
which is
Group SCR = Consolidated Group SCR + SCR for entities included with D&A method?

EIOPA answer

Please refer to the answer to Q544 published on 27 January 2016 under Q&A procedure in the file “Answers to questions on the Final report on the ITS on procedures, formats and templates of the solvency and financial condition report (CP-14-055)”. In this answer it was clarified that the value in cell R0680/C0010 is the sum of the values of “Consolidated Group SCR” (R0590/C0010) and “SCR for entities included with D&A method” (R0670/C0010). It was also confirmed there is a mistake in the instruction, which will be corrected on the first possible opportunity.