Question ID: 882
Regulation Reference: Guidelines on reporting for financial stability purposes
Article: 35
Template: S.41.01
Status: Final
Date of submission: 14 Dec 2016
Question
Does Unit-linked business need to be excluded, whether with O&G or not? How about index-linked business?
How to take into account of partial surrender regarding number of contracts? Should we take each partial surrender proportionally? What base would you suggest if taking proportion, sum assured?
EIOPA answer
Please refer to answers 488 and 755 published on page :Q&A on regulation.
The answers clarify that a) unit linked should not be considered and b) a partial surrender is considered one surrender in order to be informative about the number of surrenders.