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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?

How does an undertaking take account of any discounts it applies to its premiums to its policyholders when calculating the volume measure for premium risk?

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...