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Can a profit commission be included in the items C0420 Minimum commission, C0430 Maximum commission and C0440 Expected commission in S.30.03? If yes, is it anywhere indicated in the template?

Let’s consider a product with Profit Sharing, where we aim to project the future Balance Sheet and Income Statement stochastically. In such cases, I believe we need to project assets in a risk-neutral setting, meaning we should use the risk-free rate (RFR).

Implicitly, when allocating the cash fl…

With reference to your answer to our previous Q&A 3462, we ask you to confirm us:
1) in the denominator we have to consider the total investments only (row R0070 QRT S.02.01); therefore we exclude index and unit linked assets, loans and mortgages, reinsurance recoverables, receivables, cash & cash …

The technological innovation and more specifically the expansion of AI in insurance business models, generates new risk fields. Given that the carbon emissions associated with a very simple AI search or query are significantly higher than traditional, non-AI searches due to immense electricity, ofte…

We are seeking clearance on whether the S.08.01 should contain unit linked investments (derivatives), in case they are used for hedging the unit linked position. These derivatives are reported within the line item "unit linked investments" in our IFRS reporting.

Undertakings using the standard formula may use internal ratings for internal credit quality assessment purposes in cases, where no external rating by an ECAI is available. We understand that those internal ratings shall not be reported in S.06.02, C0340. Internal ratings according to Art. 176a as w…

Can an ancillary insurance intermediary offer a complementary insurance product directly to end-customers who purchase the related goods or services indirectly through resellers or distributors, while still being considered to act in an ancillary capacity under Directive (EU) 2016/97?

Under the standard formula for the Solvency Capital Requirement (SCR), the interest rate risk sub-module is calibrated using the risk-free interest rate (RFR) term structures published by EIOPA.

For interest rate-sensitive assets denominated in currencies for which EIOPA does not publish an RFR t…

I have a question regarding the two QRTs S.04.04 (Location of underwriting) and S.04.05 (Location of risk).
The blocking validation BV1863 is defined as follows:
“{t: S.04.04.01.01, r: R0020, c: C0010, z: Z0001} + {t: S.04.04.01.01, r: R0020, c: C0020, z: Z0001} = {t: S.04.05.01.01, r: R0020, c: C…