Question ID: 943
Regulation Reference: (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities
Article: 35
Template: S.16.01
Status: Final
Date of submission: 16 Dec 2016
Question
In the initial CP, EIOPA was stating a very convenient sentence : "iv. Historical data starting from the first time application of Directive 2009/138/EC is not required but might be filled in a best effort basis. For the first reporting year only first year need to be reported. In the following years, for each year, information on one additional year shall be submitted up to the limit of 15 years."
But we didn't find such information in the last version of the ITS.
should we now provide the historical data in S16.01 starting from the first year of reporting?
EIOPA answer
The reference to historical data was removed from the instructions of the template as the template do not cover historical data.
Although in the template all amounts refer to year N which is the reporting year, the amount of claims (and other metrics) belonging to different accident/underwriting years (ie. N to N-14) have to be identified separately. but This is not considered historical data as the data are shown as at the reporting year and not a previous date.