Search QAs

Relating to taxonomy 2.8, can you provide some guidance please on new fields in S.30.03 fields C0420 - C0440. Specifically 'commissions as percentage'. Please confirm what the percentage is relative to? For example a fixed commission amount is a percentage of what exactly? Your feedback would be greatly appreciated.

We use the General Measurement Model with the Liability for remaining coverage approach for our Health Similar to Life and Health Similar to Non-life products. This means that no Liability for incurred claims is recognized. The IFRS 17 P&L therefor does not hold any changes in the carrying amount of the liability for incurred claims. Does this mean that we only can report Claims paid on the row Claims incurred?

EIOPA has opined in questions (e.g. 2458) that statutory account analysis for IFRS reporters will follow IFRS 17 so far as concerns the balance sheet QRT. However, the responses have not addressed whether the Solvency II recognition of assets and liabilities will be affected by the adoption of IFRS 17.

In cell R1210 (Balance - other technical expenses/income), should we input net other income minus net other expenses? Please tell me if R1300 (Total expenses) equals the net technical expenses from local GAAP.

Is it possible that BV2160-1 is not implemented correctly?

Is it possible that the validation rule BV2159-1 is not correctly implemented?

Article 77(3) of Directive 2009/138/EC states that the risk margin shall be such as to ensure that the value of the technical provisions is equivalent to the amount that insurance and reinsurance undertakings would be expected to require in order to take over and meet the insurance and reinsurance obligations. When calculating the risk margin, how exactly should that provision be interpreted when it comes to reinsurance contracts where in a going-concern approach new policies are expected to enter the existing contracts?

We would like to confirm to which category securities described below should belong: - Short term instruments fully, unconditionally, and irrevocably guaranteed by Member States' central governments and central banks which are denominated in a currency which is different from the domestic currency of the central bank or central government. These should be reported as CIC **15 or CIC **18?

Are companies operating in the power generation business eligible for Qualifying Infrastructure Corporate Investments?

For example, would a company primarily producing electricity through non-renewable sources be eligible?