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With regard to the classification outsourcing of critical or important functions or activities.Can you please confirm whether in EIOPAs view a portfolio management agreement with a third party relating to the management of a part of the insurers investment portfolio always constitutes outsourcing...

1. EU insurance companies may need equivalence test before they retro to a third country insurance company, would you please advise if the equivalence test can be assessed on company basis?2. As our company is treated as a third country insurance company, is it legal for us to take reinsurance...

Some of our clients ask us about our interpretation of the proper treatment of notes issued by SPVs and collateralized by government bonds concerning the QRT S.06.02 ( C0290 / CIC code and C0340 / Credit quality step)C0290 / CIC code What would be the appropriate CIC code? Government Bond '11'...

We are struggling understanding whether they two should match for an individual undertaking or if there are dependencies in the classification of the assets reported in S.06.03 which we should consider as "filters" . E.g. should the 7 - Liabilities be excluded from the total amount of S.06.03...

Can EIOPA help clarify which FX rate should be used for converting the absolute floor of the MCR from the Directive (defined in Euros) amount into the reporting currency.We have seen different implementations across NCAs which relate to interpretation/national implementation of Directive Article...

Question concerning combination of methods 1 and 2 and insurance subgroupsIs it possible to apply combination of methods 1 and 2 to group solvency calculation so that method 1 is applied to an insurance subgroup and this subgroup is further taken into account in the group solvency calculation by...

What are the requirements that shall be met by the transactions on derivatives to be considered as facilitating effective portfolio management by the undertaking?What are the types of transactions on derivatives that cannot be considered as facilitating effective portfolio management?

According to article 44 (4a) od Solvency II Directive "in order to avoid overreliance on external credit assessment institutions when they use external credit rating assessment in the calculation of technical provisions and the Solvency Capital Requirement, insurance and reinsurance undertakings...

What should firms report as technical provisions as a whole for unit-linked contracts?