Article 142(6) of Commission Delegated Regulation (EU) 2015/35 defines capital requirement for mass-lapse such as: The capital requirement for mass lapse risk shall be equal to the loss in basic own funds of insurance and reinsurance undertakings that would result from a combination of the following instantaneous events: a) the discontinuance of 70 % of the insurance policies falling within the scope of operations referred to with Article 2(3)(b)(iii) and (iv) of Directive 2009/138/EC, for which discontinuance would result in an increase of technical provisions without the risk margin and where one of the following conditions are met:

Regards new field C0371 (Currency of price). We note this field is not included in the list of fields to not be left blank for OTC derivatives (BV811-1) and the LOG guidance does not give any guidance on applicability. Can EIOPA please confirm if C0371 is always to be completed or the conditions for which it would be expected to be completed and/or not completed.

S.14.04, S.14.05:

ITEM: C0180 Best Estimate Amount of gross best estimate calculated by Product.
Is it possible to report the best estimate in LOB instead of by product?

We have the following two questions regarding QRT S.36.02, Tax 2.8.0: General Comments: We are wondering to which Annex the following passage (ITS_reporting_AnnexII_soloinstructions_S.26.02_to_S.36.05_reviewed 20220615.docx) refers to: S.36.02,

Article 25 states that QRTs S.36.xx are applicable to Solo entities "Insurance and reinsurance undertakings which are not part of a group as referred to in Article 213(2), points (a), (b) or (c), of Directive 2009/138/EC and the parent undertaking of which is a mixed-activity insurance holding company shall submit...". Hence, our understanding is that the negation of this sentence should be used as a reason for not submitting the template for a Solo entity.

Question 1: The new requirements relate to the forms, especially 37.01 to a completely new rating that has not yet been requested. Could it be that the types of ratings for the 37.xx forms are still being adjusted and concretized?

Monthly calculations of performance scenariosArt.11, Annex IV states that "The scenarios shall be calculated at least on a monthly basis": does it mean that performance scenarios must be recalculated at least once per month due to monitoring reasons (i.e., the checking that the moderate scenarios...

After having studied the Questions and Answers (Q&A) document on the PRIIP Key Information Document (KID), we have doubts regarding the answer to question 9 found in the section "Performance scenarios (articles 3 and 8 and Annexes IV and V) [Last update November 14, 2022]”, page 34:9. What is the...

Annex IV, point 7 (c) (iv) states that for each sub interval referred to in points (a) and (b), calculation of the performance of the PRIIP shall include the use of a linear transformation to obtain the performance in sub intervals shorter than the recommended holding period, in order to render...