Question ID: 997
Regulation Reference: (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities
Article: 35
Status: Final
Date of submission: 13 Feb 2017
Question
The requirement says "The Information reported by country shall at least represent 90% of the Total Technical Provisions as a whole and Gross Best Estimate (referred to direct business) of any line of business." Without including home country direct business the total of direct business by country doesn't reach 90%. Is this correct to include home country total?
EIOPA answer
As stated in the Instructions of the template the information on the home country shall be always reported regardless of the amount of Technical Provisions as a whole and Gross Best Estimate (referred to direct business).
This should be reported in C0020 to C0130/R0010.