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We need to identify the economic sector of the issuer. Reading ITS, only CIC 87 and 88 are not required. But how to identify it for CIC86 - Loans on policies ? Actually, we have one line for this type of CIC summarizing the whole loans on policies. What issuer sector is advised to complete please?

Topics:
  • Reporting Templates

Regards the updates within 2.8 taxonomy and the associated LOG guidance (in the draft business package supporting SII taxonomy 2.8.0), there is an apparent contradiction between the new guidance and the validations. The final part of the LOG guidance for this cell (from solo instructions) is: “This item is not applicable for CIC category 8 — Mortgages and Loans, CIC 71

Topics:
  • Validations

In the EU2023/894 S.08.01 guidance, it says "This template comprises two tables: Information on positions held and Information on derivatives. On the table Information on positions held, each derivative shall be reported separately in as many rows as needed in order to properly fill in all non-monetary variables, requested in that table. If for the same derivative two values can be attributed to one variable, then this derivative needs to be reported in more than one line.

Topics:
  • Reporting Templates

Could you please clarify and detail the treatment of the insurance holding companies (IHC) and mixed financial holding companies (MFHC) in the calculation of an insurance or reinsurance subsidiary's contribution to the group solvency capital requirement?

Topics:
  • Own Funds (OF)
  • Group Solvency Requirement

I'm looking for the table with factors per duration, rating etc for all the sub_modules of the market risk calculations.

Topics:
  • Solvency Capital Requirement (SCR)

I have two questions:
1) C0293 Bail-in Rules: This applies only to BONDS, as I understand it. Does that mean we should use "Not Applicable" for security types Bank, Equity, and Fund? Or should these be left blank?
2) C0294 RGLA: Here, we are asked to only look at CIC 13 and 14. Should all other CIC codes be left blank, or should we use 9-Not applicable?

Topics:
  • Reporting Templates

As an intermediary is not considered to be a separate underwriting entity nor a branch, how to fill the columns C0020 to C0040 in this case? 

Topics:
  • Reporting Templates

We would like to confirm the application of the pandemic risk sub-module in the health catastrophe risk module specifically to similar to life techniques (SLT) health business.

Article 144(4) of Commission Delegated Regulation (EU) 2015/35 (DR) states:

"Insurance and reinsurance undertakings shall apply:

Topics:
  • Solvency Capital Requirement (SCR)

Article 142(6) includes three mass-lapse instantaneous events, one for policies falling within the scope of operations referred to with Article 2(3)(b)(iii) and (iv) of Directive 2009/138/EC (letter a)), on for any other life insurance policies (letter b)) and one for future business within the boundary of an accepted reinsurance contract (letter c). The second subparagraph of article 142(6) clarifies that for reinsurance contracts, the scenarios should be applied at the level of the underlying contract. However, the subparagraph only refers to letter a). Does this mean that for life reinsurance accepted covering policies falling under letter b) (i.e., most life insurance contracts) the mass-lapse capital requirement should be based only on lapses of future policies as per letter c), but exclude lapses from current policies?

Topics:
  • Solvency Capital Requirement (SCR)

When calculating the eligible group own funds for a group which includes a related credit institution, where dividends are made from the credit institution to the ultimate parent that the parent in turn intends to pay as dividend to its shareholders, should the foreseeable dividend be deducted from the credit institution's own funds or from the group reconciliation reserve?

Topics:
  • Group Own funds