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RSSThe definition of "Insurance intermediaries" in DORA is the same as that in the IDD. Are Insurance Managers in scope of either DORA or IDD, given the definition of "insurance intermediary" (doesn't seem to cover Captive Insurance Managers)?
- Topics:
- Definitions (Art. 2 IDD)
We have a question regards the new S.04.03 and S.04.04 QRTs added to the 2.8 taxonomy and associated LOG guidance (as set out in the DRAFT business package supporting 2.8.0 taxonomy). Would EIOPA expect the following to hold (e.g. in NCA Plausibility checks): if s.04.03 C0020 = “Head office” then S.04.04.01.02 EEA country <> S.01.02 R0050, joining the S.04.03 and S.04.04 tables based on the "Underwriting entity code".
- Topics:
- Reporting Templates
We would like confirmation on a discrepancy between the definition of "country" to be used between the solo public template S.04.05.21 and the public version S.05.02.04. Both templates have the same title "Premiums, claims and expenses by country" but the rules for how to derive a country for a contract differs between the two templates. For direct business in S.04.05 there is a series of rules to use and in S.05.02 there is a different set of rules to be used (which in various scenarios would lead to a different country needing to be used). Is that intentional?
- Topics:
- Disclosure Templates
Unlike S.14.01 and S.14.02, in S.14.04 and S.14.05 accepted reinsurance must be taken into account, but here is no reporting by reinsurers required. As a result, the reporting over all companies does not provide an overall overview of the market, neither gross (some accepted reinsurance from non-reinsurers is double) nor net (the business of reinsurers is missing). Is that really wanted?
- Topics:
- Reporting Templates
- Financial Stability Reporting
C0290: The title of the field is "Cashed Premium - gross". However, the description contains "premiums […] reduced by the amount ceded to reinsurance". Is the gross or the net value to be reported here?
- Topics:
- Reporting Templates
- Financial Stability Reporting
Regarding the new S.06.04 template we need some clarification if indirectly held properties are in scope? We have a real estate subsidiary which we report as other financial intermediaries and are not applicable for identification made in C0190 Item title in 06.02 alone on a solo level.
- Topics:
- Reporting Templates
Guidelines on reporting for Financial Stability Purposes: The most recent version we can find anywhere on the EIOPA webpage is from March 2022, but it looks outdated and inconsistent (see the following question). Is there a more recent version anywhere or when is that to be expected? S.14.04.11, S.14.05.11, S.38.01.11: These QRTs are to be reported every 6 month (semi-annual submission
- Topics:
- Reporting Templates
- Financial Stability Reporting
Do you agree that properties can be exposed to both transition risk and physical risk? And do you agree that a property can be assigned to both R0010 and R0020 in S.06.04? Or does EIOPA want us to assign an investment to only one of the risks/KPI´s in S.06.04?
- Topics:
- Reporting Templates
In follow up to Q&A ID 2668, the same rationale can be applied to the provision? So, S.05.01 R0910 will equal to the sum of column C0100?
- Topics:
- Reporting Templates
It's not clear what FS-reports that is to be reported quarterly or semi-annual. According to the guidelines EIOPA-22/198: S.05.01 - Quarterly S.14.04/S.14.05/S.38.01 - semi- annual, but there is nothing in the close list saying "Not reported in Q1 and Q3" S.39.01 - Quarterly or still semi-annual
- Topics:
- Reporting Templates
- Financial Stability Reporting