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How accruals and deferrals are valued under SII rules?By "valued" I mean the decision whether they have no value (SIII value = 0) or they should have some value (SII value >0).I am aware of the fact that DAC = 0. But what about other items.By accruals I mean:1) Expense Accrual (e.g. accrual booked...

In our ongoing interpretation of the calculation of SCR, we have a question regarding the interpretation of the calculation of derivatives used for risk-taking positions, e.g. investments in equity derivatives instead of a direct investment in the given equity.Our question concerns the calculation...

I would like to enquire about the released amendments to natural catastrophe risks. Please see below the questions related to the introduced simplification and amendment to article 121:1. Article 121 (b) subparagraph (iii) says 'Where the amount determined for a particular risk zone in accordance...

I'm trying to understand whethet I can classify part of the underlying investments of infrastructure fund, that have a "Take or Pay" - contarct, as "qualifying infrastructure".I have paid a special intention into Chapter 2a of Articla 164. It says, that "cash flows generated for debt and equity...

Should the BUSINESS INTERRUPTION (BI) (caused by e.g. natural catastrophe, fire damage,..) insurance be segmented to line of businees 7 (Fire and other damage to property) or line of business 12 (Miscellaneous financial loss)?Based on the definition of LoB 12 (=Insurance obligations which cover...

The question is what reference date for exchange rate should be used for data in the SCR calculations (e.g. sum insured, value of the benefits payable by the insurance or reinsurance undertaking for the insured person, retention/priority/limits for reinsurance treaty, premiums etc.).

Can you provide guidance on the calculation of the spread SCR for a debt fund with following characteristics- The fund has a credit assessment from a nominated ECAI of CQS = 2 (example)- The fund invests in senior secured loansQuestion 1:Assuming the loans in the fund are UNRATED and do NOT...

Which line of business should insurance covering an offshore wind farm be assigned to?If the wind farm can be classfied as a vessel, then it would appear the Marine, aviation and transport insurance line of business is most appropriate. Is this interpretation correct?We note that oil and gas...

Where a look-through has been performed and bond assets have been identified for collective investment undertakings (as per Article 84 of the Delegated Acts) but some aspects of the underlying assets (e.g. duration or credit rating) are not available but these fall in a specific range for the...