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Article 192 (2) defines "Recoverables" as"best estimate of amounts recoverable from the reinsurance arrangement or insurance securitisation and the corresponding debtors".Are "Recoverables" adjusted to take account of expected losses due to default of a counterparty (as defined by Article 42 of...

We would have a question related to the term Recoverables in Article 192 of the Delegated Regulation. We were wondering whether you know who can help us out on this matter or whether you can provide some clarification.Article 192 indicates that the “recoverables” term in the formula for the loss...

How should the territories and dependencies of EU/EEA/OECD countries be considered in regards to classification of1) EU/EEA/OECD equities for equity risk?2) Member States government bonds for spread risk?

Some assets do not seem to fall within any of the categories in the market risk module. For example:(a) commodities(b) aircraft and other vehicles(c) paintingsI appreciate that it may be difficult to justify these investments under the prudent person principle, but assuming they are held, how...

We are about to invest in a mutual fund which invest on life insurance policies. This fund make its yield from buying policies from third parties in the US at a discount and they get the right from the policy holder to recieve the payment in the future.

As per regulation 'Type 1 exposures shall consist of exposures'1) Cash at bank and in hand. Meaning all items with CIC CODE 71?2) Deposits with ceding undertakings. Meaning all items with CIC CODE 72?3) Shall the look-through assets with CIC codes 71 & 72, be inlcuded in the Counterparty default...

How the policies for which an increase in mortality rates (and analogically this applies to other life underwriting risk sub-modules) leads to an increase in technical provisions without the risk margin are chosen? Should ASSUMPTION from article 83(1)(c) (scenario does not change the value of...

With regards to the the Commission Delegated Regulation EU/2015/35 of October 2014 (Solvency ii). I have a question with regards to the treatment of financial guarantees as a risk mitigating technique.Could you please help me in understanding the treatment of risk for the following example:1. An...

In which cases are material basis risks or other risks reflected in the calculation of the Solvency Capital Requirements (SCR) according to the Standard Formula (SF)?