Question ID: 84
Regulation Reference: Guidelines on submission of information to NCAs (Preparatory phase)
Article: 35
Template: S.12.01
Status: Final
Date of submission: 23 Jul 2014
Question
Regarding the quantitative reporting template S.12.01.b for the preparatory phase I have the following question:
Under additional information, Gross BE for different countries is reported (cells from J1 to JF14).
If Technical Provisions for a specific line of business are calculated "as a whole", what value should be reported in the cells mentioned above (BEL)? When calculating TP as a whole BEL nor Risk Margin are calculated.
EIOPA answer
The TP calculated as a whole should also be reported by country. In fact, in the template as published for the preparatory phase this situation is not clear. This situation will be made clear in the Technical Standard.