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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...

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

I would like to know if I am correct about the calculation method of the currency exchange risk. If I understood it correctly, a Type-1-Equity would be stressed by 25% on its market value, independent from its actual currency exchange rate. So, an equity with market value 100.000 would result in a...

Article 31 of COMMISSION DELEGATED REGULATION (EU) 2015/35 of 10 October 2014 says that « a cash flow projection used to calculate best estimates shall take into account all of the following expenses, which relate to recognised insurance and reinsurance obligations of insurance and reinsurance...

Article 28 of the Delegated Acts states the following "The cash flow projection used in the calculation of the best estimate shall include all of the following cash flows, to the extent that these cash flows relate to existing insurance and reinsurance contracts: (e) payments between the insurance...

We would appreciate some clarification on the allocation to Solvency II line of business of property cover for offshore wind turbines.Further, could you therefore confirm that there is no catastrophe charge for offshore wind turbines, given there is no natural catastrophe charge (onshore assets...

In the situation of Article 197(5)(b) of the Delegated Acts, should the reinsurance recoverable be included in the calculation of the capital requirement for market risk or not?

MTPL bsuiness: Insurance contract is concluded with particular limits (e.g. in Czech Republic typically 35/35, 75/75, 100/00 where X/X refers to "bodily injury/material injury"). These are deemed policy limits. Nevertless insurance company covers also damages outside Czech Republic where limits...