Search QAs

Should reserves relating to claims incurred (e.g. Incurred But Not Reported and Reported But Not Settled etc.) be included in the calculation of the mortality SCR stress?(a) where an explicit qx is used in the calculation?(b) where an implicit qx is used in the calculation?Does the "instantaneous"...

Should reserves relating to claims incurred (e.g. Incurred But Not Reported and Reported But Not Settled etc.) be included in the calculation of the disability-morbidity SCR stress?i.e. can you confirm that the increase in inceptions "in the following 12 months" does not apply to inceptions that...

The Article 180(7) states:"Exposures in the form of bonds and loans to a third country insurance or reinsurance undertaking for which a credit assessment by a nominated ECAI is not available..."This is probably a more matter of language but I would like to ask for a clarification whether sentence...

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.).