Search QAs

The technological innovation and more specifically the expansion of AI in insurance business models, generates new risk fields. Given that the carbon emissions associated with a very simple AI search or query are significantly higher than traditional, non-AI searches due to immense electricity, ofte…

We are seeking clearance on whether the S.08.01 should contain unit linked investments (derivatives), in case they are used for hedging the unit linked position. These derivatives are reported within the line item "unit linked investments" in our IFRS reporting.

Undertakings using the standard formula may use internal ratings for internal credit quality assessment purposes in cases, where no external rating by an ECAI is available. We understand that those internal ratings shall not be reported in S.06.02, C0340. Internal ratings according to Art. 176a as w…

Can an ancillary insurance intermediary offer a complementary insurance product directly to end-customers who purchase the related goods or services indirectly through resellers or distributors, while still being considered to act in an ancillary capacity under Directive (EU) 2016/97?

Under the standard formula for the Solvency Capital Requirement (SCR), the interest rate risk sub-module is calibrated using the risk-free interest rate (RFR) term structures published by EIOPA.

For interest rate-sensitive assets denominated in currencies for which EIOPA does not publish an RFR t…

I have a question regarding the two QRTs S.04.04 (Location of underwriting) and S.04.05 (Location of risk).
The blocking validation BV1863 is defined as follows:
“{t: S.04.04.01.01, r: R0020, c: C0010, z: Z0001} + {t: S.04.04.01.01, r: R0020, c: C0020, z: Z0001} = {t: S.04.05.01.01, r: R0020, c: C…

Hi there,
I am from a data vendor and a a European client has asked for Complementary Identification Code (CIC) for funds. Does EIOPA provide this or is there another source that provides it.

Thanks & Regards
Tony McCormack

Article 176, paragraph 1 of DR 2015/35 states that “the capital requirement for spread risk on bonds and loans shall be equal to the loss in the basic own funds that would result from an instantaneous relative decrease of stress i in the value of each bond or loan i other than mortgage loans that me…

In the S.06.02 template, the same ISIN instrument (CIC 42), with several identical specifications and characteristics, is reported in multiple rows with different values in "C0370 – Unit Solvency II price". In particular, the following information is identical across the rows:
• Asset ID Code and T…