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RSSFor personal accident riders attached to life insurance contracts, can claims reserves be valued using non-life techniques and stressed under the health NSLT module, while premium reserves are valued using life techniques under the SLT Health or Life UW modules?
We would like clarity on what are the different roles and responsibilities between national Computer Security Incident Response Teams (CSIRTs) - as Competent Authorities for Directive (EU) 2022/2555 ('NIS2')- and National Competent Authorities (NCAs) - as Competent Authorities for Regulation (EU) 2022/2554 ('DORA'). Based on Art.22(1) of DORA and Art.23(5) of NIS2 - and considering the fact that DORA is lex specialis (vide recital (23) of NIS2) vis-a-vis NIS2 and, therefore, Art.23(5) of NIS2 would prima facie not apply
We have a question regarding CDR article 120-125. For each Natural catastrophe risk sub-module we need to calculate a weighted sum (WSI). After it is introduced, we have the following text: Where the amount determined for a particular risk zone in accordance with the first subparagraph exceeds an amount (referred to in this subparagraph as ‘the lower amount’) equal to the sum of the potential losses without deduction of the amounts recoverable from reinsurance contracts and special purpose vehicles
I am exploring options for centralised registration of insurance intermediaries accessible by API for compliance and filing purposes. Does such a register exist? If not is it on any roadmap?
Can you please make it clear if DORA supersedes and prevails other EU Regulations in case of overlapping?
Could be please clarify if (direct) intragroup transactions with CIU have to be included within S.36.01 or not? Based on the already answered Q&A #907 (“… EIOPA clarifies that it was not the intention to capture the transactions with CIU as IGTS …”) we would not report such transactions.
Refer to Articles 121 to 125 of the Commission Delegated Regulation (EU) 2015/35 containing the natural catastrophe risk sub-modules of SII, which specifies two events (scenarios A and B) each for Windstorm/Flood/Hail and one event for Earthquake & Subsidence perils. Article 126, Interpretation of catastrophe scenarios states that the two consecutive events (scenarios A and B) for Windstorm/Flood/Hail perils are independent. Separately, the explanatory text underlying the Guidelines on Application of outwards reinsurance arrangements to the non-life underwriting risk sub-module, Page 230, EIOPA-CP-14-036_GL-Pillar_1.pdf (europa.eu) states that “2.13.
What exactly is the definition of location of underwriting under freedom to provide services (FPS)? and would this differ from location of risk for Non-life insurance?
Cell NC0190 should be filled if there was a sales transaction?
Please can you confirm the CIC code to be applied to loans secured on policies. Should it be CIC 86 (which is loans on policies) or CIC 88 (which is loans to other natural persons).