Commission Implementing Regulation (EU) 2023/895 of 4 April 2023 laying down implementing technical standards for the application of Directive 2009/138/EC of the European Parliament and the Council with regard to the procedures, formats and templates for the disclosure by insurance and reinsurance undertakings of their report on their solvency and financial condition and repealing Implementing Regulation (EU) 2015/2452 (Text with EEA relevance)
Date: 2023-04-04
Institutions: Directorate-General for Financial Stability, Financial Services and Capital Markets Union, European Commission
Subjects: approximation of laws, disclosure of information, financial control, financial situation, financial solvency, insurance company, insurance law, reinsurance, report, technical standard




L_2023120EN.01159701.xml










5.5.2023   


EN


Official Journal of the European Union


L 120/1597








            COMMISSION IMPLEMENTING REGULATION (EU) 2023/895
of 4 April 2023
         
laying down implementing technical standards for the application of Directive 2009/138/EC of the European Parliament and the Council with regard to the procedures, formats and templates for the disclosure by insurance and reinsurance undertakings of their report on their solvency and financial condition and repealing Implementing Regulation (EU) 2015/2452
(Text with EEA relevance)


THE EUROPEAN COMMISSION,

Having regard to the Treaty on the Functioning of the European Union,


Having regard to Directive 2009/138/EC of the European Parliament and of the Council of 25 November 2009 on the taking up and pursuit of the business of Insurance and Reinsurance (Solvency II) (1), and in particular Article 56, fourth paragraph, and Article 256(5) thereof,

Whereas:







(1)


Commission Implementing Regulation (EU) 2015/2452 (2) specifies the procedures, formats and templates for the public disclosure by insurance and reinsurance undertakings of their report on their solvency and financial condition, as referred to in Article 51 of Directive 2009/138/EC.












(2)


The disclosure of information is an essential prerequisite for policyholder protection. Alignment between reporting and disclosure requirements should foster policyholder protection as well as risk-based supervision. To that end, changes to cross-border information and other areas in the context of updates to the reporting requirements should also be reflected in the disclosure requirements.












(3)


To improve quality, comparability and the readability of the disclosed information, the templates laid down in Implementing Regulation (EU) 2015/2452 concerning the solvency capital requirement should be updated. For undertakings using partial or full internal models to calculate their solvency capital requirements, those updated templates should display the diversification benefits between separate risk modules more comprehensively.












(4)


Disclosure requirements should not be excessively burdensome for undertakings. To that end, it is necessary to specify how disclosure requirements apply in a proportionate way without jeopardizing the quality of data to be provided by the undertaking.












(5)


In order to ensure that the disclosure requirements remain relevant and provide high quality information to policyholders and other stakeholders, it is necessary to substantially revise the disclosure templates laid down in Implementing Regulation (EU) 2015/2452. Given the extent of the changes, it is appropriate to repeal Implementing Regulation (EU) 2015/2452.












(6)


This Regulation is based on the draft implementing technical standards submitted to the Commission by the European Insurance and Occupational Pensions Authority.












(7)


The European Insurance and Occupational Pensions Authority has conducted open public consultations on the draft implementing technical standards on which this Regulation is based, analysed the potential related costs and benefits and requested the advice of the Insurance and Reinsurance Stakeholder Group established by Article 37 of Regulation (EU) No 1094/2010 of the European Parliament and of the Council (3).












(8)


Undertakings should be given sufficient time to implement the updated disclosure requirements. The date of application of this Regulation should therefore be deferred.





HAS ADOPTED THIS REGULATION:



Article 1

Public disclosure formats

When disclosing the information in accordance with this Regulation insurance and reinsurance undertakings shall express any figures reflecting monetary amounts in thousands of units.


Article 2

Reporting currency


1.   Unless otherwise required by the supervisory authority concerned, ‘reporting currency’, shall, for the purposes of this Regulation, mean any of the following:






(a)


for individual disclosures, the currency used for the preparation of the insurance or reinsurance undertaking’s financial statements;










(b)


for group disclosures, the currency used for the preparation of the consolidated financial statements.






2.   Insurance or reinsurance undertakings shall disclose figures reflecting monetary amounts in the reporting currency. They shall convert any other currency than the reporting currency into the reporting currency.


3.   When insurance or reinsurance undertakings express the value of any asset or liability denominated in a currency other than the reporting currency, they shall convert that value in the reporting currency as if the conversion had taken place at the closing rate on the last day for which the appropriate rate is available in the reporting period to which the asset or liability relates.


4.   When insurance or reinsurance undertakings express the value of any income or expense in a currency other than the reporting currency, they shall convert that value in the reporting currency using the same basis of conversion as the one used for accounting purposes.


5.   Insurance or reinsurance undertakings shall calculate the conversion into the reporting currency by applying the exchange rate from the same source as the one used:






(a)


for the insurance or reinsurance undertaking’s financial statements in case of individual reporting;










(b)


for the consolidated financial statements in case of group reporting, unless otherwise required by the supervisory authority.







Article 3

Templates and instructions for the disclosure of the solvency and financial condition report of individual undertakings

Individual insurance and reinsurance undertakings shall, as part of the disclosure of their solvency and financial condition report, publicly disclose at least the following information by using the following templates and complying with the following instructions:






(a)


template S.02.01.02 of Annex I, specifying balance sheet information using the valuation in accordance with Article 75 of Directive 2009/138/EC, following the instructions set out in section S.02.01 of Annex II to this Regulation;










(b)


template S.04.05.21 of Annex I, specifying information on premiums, claims and expenses by country, following the instructions set out in section S.04.05 of Annex II to this Regulation;










(c)


template S.05.01.02 of Annex I, specifying information on premiums, claims and expenses using the valuation and recognition principles used in the undertaking’s financial statements, following the instructions set out in section S.05.01 of Annex II to this Regulation, for each line of business as specified in Annex I to Delegated Regulation (EU) 2015/35;










(d)


template S.12.01.02 of Annex I, specifying information on the technical provisions relating to life insurance and health insurance pursued on a similar technical basis to that of life insurance (‘health SLT’) for each line of business specified in Annex I to Delegated Regulation (EU) 2015/35, following the instructions set out in section S.12.01 of Annex II to this Regulation;










(e)


template S.17.01.02 of Annex I, specifying information on non-life technical provisions, following the instructions set out in section S.17.01 of Annex II to this Regulation for each line of business as defined in Annex I of Delegated Regulation (EU) 2015/35;










(f)


template S.19.01.21 of Annex I, specifying information on non-life insurance claims in the format of development triangles, following the instructions set out in section S.19.01 of Annex II to this regulation for the total non-life business;










(g)


template S.22.01.21 of Annex I, specifying information on the impact of the long term guarantee and transitional measures, following the instructions set out in section S.22.01 of Annex II to this Regulation;










(h)


template S.23.01.01 of Annex I, specifying information on own funds, including basic own funds and ancillary own funds, following the instructions set out in section S.23.01 of Annex II to this Regulation;










(i)


template S.25.01.21 of Annex I, specifying information on the Solvency Capital Requirement calculated using the standard formula, following the instructions set out in section S.25.01 of Annex II to this Regulation;










(j)


template S.25.05.21 of Annex I, specifying information on the Solvency Capital Requirement calculated using a partial internal model or a full internal model, following the instructions set out in section S.25.05 of Annex II to this Regulation;










(k)


template S.28.01.01 of Annex I, specifying the Minimum Capital Requirement for insurance and reinsurance undertakings engaged in only life or only non-life insurance or reinsurance activity, following the instructions set out in section S.28.01 of Annex II to this Regulation;










(l)


template S.28.02.01 of Annex I, specifying the Minimum Capital Requirement for insurance undertakings engaged in both life and non-life insurance activity, following the instructions set out in section S.28.02 of Annex II to this Regulation.






Article 4

Templates and instructions for the disclosure of the solvency and financial condition report of groups

Participating insurance and reinsurance undertakings, insurance holding companies and mixed financial holding companies shall, as part of the disclosure of their group solvency and financial condition report, publicly disclose at least the following information by using the following templates and complying with the following instructions:






(a)


where, for the calculation of the group solvency, the group uses method 1 as defined in Article 230 of Directive 2009/138/EC, either exclusively or in combination with method 2 as defined in Article 233 of that Directive, template S.02.01.02 of Annex I to this Regulation specifying balance sheet information, using the valuation method referred to in Article 75 of Directive 2009/138/EC, following the instructions set out in section S.02.01 of Annex III to this Regulation;










(b)


template S.05.01.02 of Annex I, specifying information on premiums, claims and expenses, using the valuation and recognition principles used in the consolidated financial statements, following the instructions set out in section S.05.01 of Annex III to this Regulation, for each line of business as defined in Annex I to Delegated Regulation (EU) 2015/35;










(c)


template S.05.02.04 of Annex I, specifying information on premiums, claims and expenses by country, using the valuation and recognition principles used in the consolidated financial statements, following the instructions set out in section S.05.02 of Annex III to this Regulation;










(d)


template S.22.01.22 of Annex I, specifying information on the impact of the long term guarantee and transitional measures, following the instructions set out in section S.22.01 of Annex III to this Regulation;










(e)


template S.23.01.22 of Annex I, specifying information on own funds, including basic own funds and ancillary own funds, following the instructions set out in section S.23.01 of Annex III to this Regulation;










(f)


where, for the calculation of group solvency, the group uses method 1 as defined in Article 230 of Directive 2009/138/EC, either exclusively or in combination with method 2 as defined in Article 233 of that Directive, template S.25.01.22 of Annex I to this Regulation, specifying information on the Solvency Capital Requirement, calculated using the standard formula, following the instructions set out in section S.25.01 of Annex III to this Regulation;










(g)


where, for the calculation of group solvency, the group uses method 1 as defined in Article 230 of Directive 2009/138/EC, either exclusively or in combination with method 2 as defined in Article 233 of that Directive, template S.25.05.22 of Annex I to this Regulation, specifying information on the Solvency Capital Requirement, calculated using a partial internal model or a full internal model, following the instructions set out in section S.25.05 of Annex III to this Regulation;










(h)


template S.32.01.22 of Annex I, specifying information on the undertakings in the scope of the group, following the instructions set out in section S.32.01 of Annex III to this Regulation.






Article 5

References to other documents in the solvency and financial condition report

Where insurance and reinsurance undertakings, participating insurance and reinsurance undertakings, insurance holding companies or mixed financial holding companies include in the solvency and financial condition report references to other publicly available documents, these references shall be made through references that lead directly to the information itself and not through references to a general document.


Article 6

Consistency of information

Insurance and reinsurance undertakings, participating insurance and reinsurance undertakings, insurance holding companies and mixed financial holding companies shall be responsible for the quality of the information disclosed and shall ensure that the information disclosed is fully consistent with the information reported to the supervisory authorities.


Article 7

Means of disclosure of the group and single solvency and financial condition report


1.   Insurance and reinsurance undertakings, participating insurance and reinsurance undertakings, insurance holding companies and mixed financial holding companies shall disclose the group and single solvency financial condition report on the website of the group.


2.   When the group or the insurance and reinsurance undertakings, participating insurance and reinsurance undertakings, insurance holding companies and mixed financial holding companies do not own and maintain a website but are members of a trade association, which does own and maintain a website, the group and single solvency and financial condition report shall, where permitted by that trade association, be disclosed by that association.


3.   Where insurance and reinsurance undertakings, participating insurance and reinsurance undertakings, insurance holding companies and mixed financial holding companies disclose the group and single solvency and financial condition report on a website in accordance with paragraph 1 or 2, that report shall remain available on that website for at least five years after the respective disclosure date.


4.   Where insurance and reinsurance undertakings, participating insurance and reinsurance undertakings, insurance holding companies and mixed financial holding companies undertakings do not disclose the group and single solvency and financial condition report on a website in accordance with paragraphs 1 and 2, they shall send an electronic copy of the report to any person who, within five years of the respective disclosure date requests the report. Insurance and reinsurance undertakings, participating insurance and reinsurance undertakings, insurance holding companies and mixed financial holding companies undertakings shall send the report within 10 working days from that request.


5.   Insurance and reinsurance undertakings, participating insurance and reinsurance undertakings, insurance holding companies and mixed financial holding companies undertakings shall, irrespective of whether the group and single solvency and financial condition report has been made available on a website in accordance with paragraph 1 or 2, send, to any person who so requests within two years of the respective disclosure date, a printed copy of the report within 20 working days from that request.


6.   Insurance and reinsurance undertakings, participating insurance and reinsurance undertakings, insurance holding companies and mixed financial holding companies shall ensure submission of the group and single solvency and financial condition report, and any updated version of that report thereto, in electronic form to the supervisory authorities.



Article 8

Involvement of the subsidiaries in the single solvency and financial condition report


1.   Where a participating insurance or reinsurance undertaking, insurance holding company or mixed financial holding company, requests an agreement from the group supervisor to provide a single solvency and financial condition report, in accordance with Article 256(2) of Directive 2009/138/EC, the group supervisor shall promptly contact all supervisory authorities concerned to discuss in particular the language of the text of the single solvency and financial condition report.


2.   The participating insurance and reinsurance undertaking, insurance holding company or mixed financial holding company shall provide an explanation on how their subsidiaries shall be covered and how the subsidiaries’ administrative, management or supervisory body shall be involved in the drafting process and in the approval of the single solvency and financial condition report.



Article 9

Repeal of Implementing Regulation (EU) 2015/2452

Implementing Regulation (EU) 2015/2452 is repealed.


Article 10

Entry into force and date of application

This Regulation shall enter into force on the twentieth day following that of its publication in the Official Journal of the European Union.
It shall apply from 31 December 2023.




This Regulation shall be binding in its entirety and directly applicable in all Member States.
Done at Brussels, 4 April 2023.


For the Commission


The President

Ursula VON DER LEYEN
            





(1)  
            OJ L 335, 17.12.2009, p. 1.

(2)  Commission Implementing Regulation (EU) 2015/2452 of 2 December 2015 laying down implementing technical standards with regard to the procedures, formats and templates of the solvency and financial condition report in accordance with Directive 2009/138/EC of the European Parliament and of the Council (OJ L 347, 31.12.2015, p. 1285).

(3)  Regulation (EU) No 1094/2010 of the European Parliament and of the Council of 24 November 2010 establishing a European Supervisory Authority (European Insurance and Occupational Pensions Authority), amending Decision No 716/2009/EC and repealing Commission Decision 2009/79/EC (OJ L 331, 15.12.2010, p. 48).




ANNEX I

S.02.01.02


Balance sheet








 


 



Solvency II value






Assets



 



C0010





Intangible assets



R0030



 




Deferred tax assets



R0040



 




Pension benefit surplus



R0050



 




Property, plant & equipment held for own use



R0060



 




Investments (other than assets held for index-linked and unit-linked contracts)



R0070



 




Property (other than for own use)



R0080



 




Holdings in related undertakings, including participations



R0090



 




Equities



R0100



 




Equities - listed



R0110



 




Equities - unlisted



R0120



 




Bonds



R0130



 




Government Bonds



R0140



 




Corporate Bonds



R0150



 




Structured notes



R0160



 




Collateralised securities



R0170



 




Collective Investments Undertakings



R0180



 




Derivatives



R0190



 




Deposits other than cash equivalents



R0200



 




Other investments



R0210



 




Assets held for index-linked and unit-linked contracts



R0220



 




Loans and mortgages



R0230



 




Loans on policies



R0240



 




Loans and mortgages to individuals



R0250



 




Other loans and mortgages



R0260



 




Reinsurance recoverables from:



R0270



 




Non-life and health similar to non-life



R0280



 




Non-life excluding health



R0290



 




Health similar to non-life



R0300



 




Life and health similar to life, excluding health and index-linked and unit-linked



R0310



 




Health similar to life



R0320



 




Life excluding health and index-linked and unit-linked



R0330



 




Life index-linked and unit-linked



R0340



 




Deposits to cedants



R0350



 




Insurance and intermediaries receivables



R0360



 




Reinsurance receivables



R0370



 




Receivables (trade, not insurance)



R0380



 




Own shares (held directly)



R0390



 




Amounts due in respect of own fund items or initial fund called up but not yet paid in



R0400



 




Cash and cash equivalents



R0410



 




Any other assets, not elsewhere shown



R0420



 





Total assets




R0500



 





Liabilities



 



C0010





Technical provisions – non-life



R0510



 




Technical provisions – non-life (excluding health)



R0520



 




Technical provisions calculated as a whole



R0530



 




Best Estimate



R0540



 




Risk margin



R0550



 




Technical provisions - health (similar to non-life)



R0560



 




Technical provisions calculated as a whole



R0570



 




Best Estimate



R0580



 




Risk margin



R0590



 




Technical provisions - life (excluding index-linked and unit-linked)



R0600



 




Technical provisions - health (similar to life)



R0610



 




Technical provisions calculated as a whole



R0620



 




Best Estimate



R0630



 




Risk margin



R0640



 




Technical provisions – life (excluding health and index-linked and unit-linked)



R0650



 




Technical provisions calculated as a whole



R0660



 




Best Estimate



R0670



 




Risk margin



R0680



 




Technical provisions – index-linked and unit-linked



R0690



 




Technical provisions calculated as a whole



R0700



 




Best Estimate



R0710



 




Risk margin



R0720



 




Contingent liabilities



R0740



 




Provisions other than technical provisions



R0750



 




Pension benefit obligations



R0760



 




Deposits from reinsurers



R0770



 




Deferred tax liabilities



R0780



 




Derivatives



R0790



 




Debts owed to credit institutions



R0800



 




Financial liabilities other than debts owed to credit institutions



R0810



 




Insurance & intermediaries payables



R0820



 




Reinsurance payables



R0830



 




Payables (trade, not insurance)



R0840



 




Subordinated liabilities



R0850



 




Subordinated liabilities not in Basic Own Funds



R0860



 




Subordinated liabilities in Basic Own Funds



R0870



 




Any other liabilities, not elsewhere shown



R0880



 





Total liabilities




R0900



 





Excess of assets over liabilities




R1000



 





S.04.05.21


Premiums, claims and expenses by country


Home country: Non-life insurance and reinsurance obligations










Country



R0010



 


 


 




 


 



Top 5 countries: non-life



 





Home country



…


 





C0010




C0020



 





Premiums written (gross)



 


 


 


 




Gross Written Premium (direct)



R0020



 


 




Gross Written Premium (proportional reinsurance)



R0021



 


 




Gross Written Premium (non-proportional reinsurance)



R0022



 


 





Premiums earned (gross)



 


 


 




Gross Earned Premium (direct)



R0030



 


 




Gross Earned Premium (proportional reinsurance)



R0031



 


 




Gross Earned Premium (non-proportional reinsurance)



R0032



 


 





Claims incurred (gross)



 


 


 




Claims incurred (direct)



R0040



 


 




Claims incurred (proportional reinsurance)



R0041



 


 




Claims incurred (non-proportional reinsurance)



R0042



 


 





Expenses incurred (gross)



 


 


 




Gross Expenses Incurred (direct)



R0050



 


 




Gross Expenses Incurred (proportional reinsurance)



R0051



 


 




Gross Expenses Incurred (non-proportional reinsurance)



R0052



 


 








Home country: Life insurance and reinsurance obligations










 


 


Country



R1010



 




 


 


 



Top 5 countries: non-life



 




 


 



Home country



…


 




 


 



C0030




C0040



 




Gross Written Premium



R1020



 


 


 




Gross Earned Premium



R1030



 


 




Claims incurred



R1040



 


 




Gross Expenses Incurred



R1050



 


 





S.05.01.02


Premiums, claims and expenses by line of business
















 


Line of Business for: non-life insurance and reinsurance obligations (direct business and accepted proportional reinsurance)





Medical expense insurance


Income protection insurance


Workers' compensation insurance


Motor vehicle liability insurance


Other motor insurance


Marine, aviation and transport insurance


Fire and other damage to property insurance


General liability insurance


Credit and suretyship insurance





C0010




C0020




C0030




C0040




C0050




C0060




C0070




C0080




C0090






Premiums written



 


 




Gross - Direct Business



R0110



 


 


 


 


 


 


 


 


 




Gross - Proportional reinsurance accepted



R0120



 


 


 


 


 


 


 


 


 




Gross - Non-proportional reinsurance accepted



R0130



 


 


 


 


 


 


 


 


 




Reinsurers' share



R0140



 


 


 


 


 


 


 


 


 




Net



R0200



 


 


 


 


 


 


 


 


 





Premiums earned



 


 




Gross - Direct Business



R0210



 


 


 


 


 


 


 


 


 




Gross - Proportional reinsurance accepted



R0220



 


 


 


 


 


 


 


 


 




Gross - Non-proportional reinsurance accepted



R0230



 


 


 


 


 


 


 


 


 




Reinsurers' share



R0240



 


 


 


 


 


 


 


 


 




Net



R0300



 


 


 


 


 


 


 


 


 





Claims incurred



 


 




Gross - Direct Business



R0310



 


 


 


 


 


 


 


 


 




Gross - Proportional reinsurance accepted



R0320



 


 


 


 


 


 


 


 


 




Gross - Non-proportional reinsurance accepted



R0330



 


 


 


 


 


 


 


 


 




Reinsurers' share



R0340



 


 


 


 


 


 


 


 


 




Net



R0400



 


 


 


 


 


 


 


 


 





Expenses incurred




R0550



 


 


 


 


 


 


 


 


 





Balance - other technical expenses/income




R1200



 


 


 


 


 


 


 


 


 





Total expenses




R1300



 


 


 


 


 


 


 


 


 





















 


Line of Business for: non-life insurance and reinsurance obligations (direct business and accepted proportional reinsurance)



Line of business for: accepted non-proportional reinsurance



Total




Legal expenses insurance


Assistance


Miscellaneous financial loss


Health


Casualty


Marine, aviation, transport


Property





C0100




C0110




C0120




C0130




C0140




C0150




C0160




C0200






Premiums written



 


 




Gross - Direct Business



R0110



 


 


 


 


 


 


 


 




Gross - Proportional reinsurance accepted



R0120



 


 


 


 


 


 


 


 




Gross - Non-proportional reinsurance accepted



R0130



 


 


 


 


 


 


 


 




Reinsurers' share



R0140



 


 


 


 


 


 


 


 




Net



R0200



 


 


 


 


 


 


 


 





Premiums earned



 


 




Gross - Direct Business



R0210



 


 


 


 


 


 


 


 




Gross - Proportional reinsurance accepted



R0220



 


 


 


 


 


 


 


 




Gross - Non-proportional reinsurance accepted



R0230



 


 


 


 


 


 


 


 




Reinsurers' share



R0240



 


 


 


 


 


 


 


 




Net



R0300



 


 


 


 


 


 


 


 





Claims incurred



 


 




Gross - Direct Business



R0310



 


 


 


 


 


 


 


 




Gross - Proportional reinsurance accepted



R0320



 


 


 


 


 


 


 


 




Gross - Non-proportional reinsurance accepted



R0330



 


 


 


 


 


 


 


 




Reinsurers' share



R0340



 


 


 


 


 


 


 


 




Net



R0400



 


 


 


 


 


 


 


 





Expenses incurred




R0550



 


 


 


 


 


 


 


 





Balance - other technical expenses/income




R1200



 


 


 


 


 


 


 


 





Total expenses




R1300



 


 


 


 


 


 


 


 






















 


Line of Business for: life insurance obligations




Life reinsurance obligations



Total




Health insurance


Insurance with profit participation


Index-linked and unit-linked insurance


Other life insurance


Annuities stemming from non-life insurance contracts and relating to health insurance obligations


Annuities stemming from non-life insurance contracts and relating to insurance obligations other than health insurance obligations


Health reinsurance


Life reinsurance


 





C0210




C0220




C0230




C0240




C0250




C0260




C0270




C0280




C0300






Premiums written



 


 




Gross



R1410



 


 


 


 


 


 


 


 


 




Reinsurers' share



R1420



 


 


 


 


 


 


 


 


 




Net



R1500



 


 


 


 


 


 


 


 


 





Premiums earned



 


 




Gross



R1510



 


 


 


 


 


 


 


 


 




Reinsurers' share



R1520



 


 


 


 


 


 


 


 


 




Net



R1600



 


 


 


 


 


 


 


 


 





Claims incurred



 


 




Gross



R1610



 


 


 


 


 


 


 


 


 




Reinsurers' share



R1620



 


 


 


 


 


 


 


 


 




Net



R1700



 


 


 


 


 


 


 


 


 





Expenses incurred




R1900



 


 


 


 


 


 


 


 


 





Balance - other technical expenses/income




R2500



 


 


 


 


 


 


 


 


 





Total expenses




R2600



 


 


 


 


 


 


 


 


 





Total amount of surrenders




R2700



 


 


 


 


 


 


 


 


 





S.05.02.04


Premiums, claims and expenses by country














 



Home Country




Country (by amount of gross premiums written) - non-life obligations




Total Top 5 and home country






C0010




C0020




C0030




C0040




C0050




C0060




C0070





 


R0010


 


 


 


 


 


 


 




 



C0080




C0090




C0100




C0110




C0120




C0130




C0140






Premiums written



 


 


 


 


 


 


 


 




Gross - Direct Business



R0110



 


 


 


 


 


 


 




Gross - Proportional reinsurance accepted



R0120



 


 


 


 


 


 


 




Gross - Non-proportional reinsurance accepted



R0130



 


 


 


 


 


 


 




Reinsurers' share



R0140



 


 


 


 


 


 


 




Net



R0200



 


 


 


 


 


 


 





Premiums earned



 


 


 


 


 


 


 


 




Gross - Direct Business



R0210



 


 


 


 


 


 


 




Gross - Proportional reinsurance accepted



R0220



 


 


 


 


 


 


 




Gross - Non-proportional reinsurance accepted



R0230



 


 


 


 


 


 


 




Reinsurers' share



R0240



 


 


 


 


 


 


 




Net



R0300



 


 


 


 


 


 


 





Claims incurred



 


 


 


 


 


 


 


 




Gross - Direct Business



R0310



 


 


 


 


 


 


 




Gross - Proportional reinsurance accepted



R0320



 


 


 


 


 


 


 




Gross - Non-proportional reinsurance accepted



R0330



 


 


 


 


 


 


 




Reinsurers' share



R0340



 


 


 


 


 


 


 




Net



R0400



 


 


 


 


 


 


 





Expenses incurred




R0550



 


 


 


 


 


 


 





Other expenses




R1200



 


 


 


 


 


 


 





Total expenses




R1300



 


 


 


 


 


 


 




















 



Home country




Country (by amount of gross premiums written) - life obligations




Total Top 5 and home country






C0150




C0160




C0170




C0180




C0190




C0200




C0210





 



R1400



 


 


 


 


 


 


 




 



C0220




C0230




C0240




C0250




C0260




C0270




C0280






Premiums written



 


 


 


 


 


 


 


 




Gross



R1410



 


 


 


 


 


 


 




Reinsurers' share



R1420



 


 


 


 


 


 


 




Net



R1500



 


 


 


 


 


 


 





Premiums earned



 


 


 


 


 


 


 


 




Gross



R1510



 


 


 


 


 


 


 




Reinsurers' share



R1520



 


 


 


 


 


 


 




Net



R1600



 


 


 


 


 


 


 





Claims incurred



 


 


 


 


 


 


 


 




Gross



R1610



 


 


 


 


 


 


 




Reinsurers' share



R1620



 


 


 


 


 


 


 




Net



R1700



 


 


 


 


 


 


 





Expenses incurred




R1900



 


 


 


 


 


 


 





Balance - other technical expenses/income




R2500



 


 


 


 


 


 


 





Total expenses




R2600



 


 


 


 


 


 


 





Total amount of surrenders




R2700



 


 


 


 


 


 


 





S.12.01.02


Life and Health SLT Technical Provisions











 



Insurance with profit participation




Index-linked and unit-linked insurance





 



Contracts without options and guarantees




Contracts with options or guarantees






C0020




C0030




C0040




C0050






Technical provisions calculated as a whole




R0010



 


 


 


 





Total Recoverables from reinsurance/SPV and Finite Re after the adjustment for expected losses due to counterparty default associated to TP as a whole




R0020



 


 


 


 





Technical provisions calculated as a sum of BE and RM



 


 


 


 


 





Best Estimate



 


 


 


 


 





Gross Best Estimate




R0030



 


 


 


 




Total Recoverables from reinsurance/SPV and Finite Re after the adjustment for expected losses due to counterparty default



R0080



 


 


 


 




Best estimate minus recoverables from reinsurance/SPV and Finite Re



R0090



 


 


 


 





Risk Margin




R0100



 


 


 


 





Technical provisions - total




R0200



 


 


 


 




Expected profits included in future premiums (EPIFP)



R0370



 


 


 


 


















 



Other life insurance




Annuities stemming from non-life insurance contracts and relating to insurance obligation other than health insurance obligations




Accepted reinsurance





 



Contracts without options and guarantees




Contracts with options or guarantees






C0060




C0070




C0080




C0090




C0100






Technical provisions calculated as a whole




R0010



 


 


 


 


 





Total Recoverables from reinsurance/SPV and Finite Re after the adjustment for expected losses due to counterparty default associated to TP as a whole




R0020



 


 


 


 


 





Technical provisions calculated as a sum of BE and RM



 


 


 


 


 


 





Best Estimate



 


 


 


 


 


 





Gross Best Estimate




R0030



 


 


 


 


 




Total Recoverables from reinsurance/SPV and Finite Re after the adjustment for expected losses due to counterparty default



R0080



 


 


 


 


 




Best estimate minus recoverables from reinsurance/SPV and Finite Re



R0090



 


 


 


 


 





Risk Margin




R0100



 


 


 


 


 





Technical provisions - total




R0200



 


 


 


 


 


















 



Total (Life other than health insurance, incl. Unit-Linked)




Health insurance (direct business)




Annuities stemming from non-life insurance contracts and relating to health insurance obligations





 



Contracts without options and guarantees




Contracts with options or guarantees






C0150




C0160




C0170




C0180




C0190






Technical provisions calculated as a whole




R0010



 


 


 


 


 





Total Recoverables from reinsurance/SPV and Finite Re after the adjustment for expected losses due to counterparty default associated to TP as a whole




R0020



 


 


 


 


 





Technical provisions calculated as a sum of BE and RM



 


 


 


 


 


 





Best Estimate



 


 


 


 


 


 





Gross Best Estimate




R0030



 


 


 


 


 




Total Recoverables from reinsurance/SPV and Finite Re after the adjustment for expected losses due to counterparty default



R0080



 


 


 


 


 




Best estimate minus recoverables from reinsurance/SPV and Finite Re



R0090



 


 


 


 


 





Risk Margin




R0100



 


 


 


 


 





Technical provisions - total




R0200



 


 


 


 


 















 



Health reinsurance (reinsurance accepted)




Total (Health similar to life insurance)






C0200




C0210






Technical provisions calculated as a whole




R0010



 


 





Total Recoverables from reinsurance/SPV and Finite Re after the adjustment for expected losses due to counterparty default associated to TP as a whole




R0020



 


 





Technical provisions calculated as a sum of BE and RM



 


 


 





Best Estimate



 


 


 





Gross Best Estimate




R0030



 


 




Total Recoverables from reinsurance/SPV and Finite Re after the adjustment for expected losses due to counterparty default



R0080



 


 




Best estimate minus recoverables from reinsurance/SPV and Finite Re



R0090



 


 





Risk Margin




R0100



 


 





Technical provisions - total




R0200



 


 





S.17.01.02


Non-life Technical Provisions













 



Direct business and accepted proportional reinsurance






Medical expense insurance




Income protection insurance




Workers' compensation insurance




Motor vehicle liability insurance




Other motor insurance




Marine, aviation and transport insurance






C0020




C0030




C0040




C0050




C0060




C0070






Technical provisions calculated as a whole




R0010



 


 


 


 


 


 




Total Recoverables from reinsurance/SPV and Finite Re after the adjustment for expected losses due to counterparty default associated to TP calculated as a whole



R0050



 


 


 


 


 


 





Technical provisions calculated as a sum of BE and RM



 


 


 


 


 


 


 





Best estimate



 


 


 


 


 


 


 





Premium provisions



 


 


 


 


 


 


 




Gross



R0060



 


 


 


 


 


 




Total recoverable from reinsurance/SPV and Finite Re after the adjustment for expected losses due to counterparty default



R0140



 


 


 


 


 


 




Net Best Estimate of Premium Provisions



R0150



 


 


 


 


 


 





Claims provisions



 


 


 


 


 


 


 




Gross



R0160



 


 


 


 


 


 




Total recoverable from reinsurance/SPV and Finite Re after the adjustment for expected losses due to counterparty default



R0240



 


 


 


 


 


 




Net Best Estimate of Claims Provisions



R0250



 


 


 


 


 


 





Total Best estimate — gross




R0260



 


 


 


 


 


 





Total Best estimate — net




R0270



 


 


 


 


 


 





Risk margin




R0280



 


 


 


 


 


 





Technical provisions — total



 


 


 


 


 


 


 




Technical provisions — total



R0320



 


 


 


 


 


 




Recoverable from reinsurance contract/SPV and Finite Re after the adjustment for expected losses due to counterparty default — total



R0330



 


 


 


 


 


 




Technical provisions minus recoverables from reinsurance/SPV and Finite Re — total



R0340



 


 


 


 


 


 



















 



Direct business and accepted proportional reinsurance






Fire and other damage to property insurance




General liability insurance




Credit and suretyship insurance




Legal expenses insurance




Assistance




Miscellaneous financial loss






C0080




C0090




C0100




C0110




C0120




C0130






Technical provisions calculated as a whole




R0010



 


 


 


 


 


 




Total Recoverables from reinsurance/SPV and Finite Re after the adjustment for expected losses due to counterparty default associated to TP calculated as a whole



R0050



 


 


 


 


 


 





Technical provisions calculated as a sum of BE and RM



 


 


 


 


 


 


 





Best estimate



 


 


 


 


 


 


 





Premium provisions



 


 


 


 


 


 


 




Gross



R0060



 


 


 


 


 


 




Total recoverable from reinsurance/SPV and Finite Re after the adjustment for expected losses due to counterparty default



R0140



 


 


 


 


 


 




Net Best Estimate of Premium Provisions



R0150



 


 


 


 


 


 





Claims provisions



 


 


 


 


 


 


 




Gross



R0160



 


 


 


 


 


 




Total recoverable from reinsurance/SPV and Finite Re after the adjustment for expected losses due to counterparty default



R0240



 


 


 


 


 


 




Net Best Estimate of Claims Provisions



R0250



 


 


 


 


 


 





Total Best estimate - gross




R0260



 


 


 


 


 


 





Total Best estimate - net




R0270



 


 


 


 


 


 





Risk margin




R0280



 


 


 


 


 


 





Technical provisions - total



 


 


 


 


 


 


 




Technical provisions - total



R0320



 


 


 


 


 


 




Recoverable from reinsurance contract/SPV and Finite Re after the adjustment for expected losses due to counterparty default - total



R0330



 


 


 


 


 


 




Technical provisions minus recoverables from reinsurance/SPV and Finite Re - total



R0340



 


 


 


 


 


 


















 



Accepted non-proportional reinsurance




Total Non-Life obligation






Non-proportional health reinsurance




Non-proportional casualty reinsurance




Non-proportional marine, aviation and transport reinsurance




Non-proportional property reinsurance






C0140




C0150




C0160




C0170




C0180






Technical provisions calculated as a whole




R0010



 


 


 


 


 




Total Recoverables from reinsurance/SPV and Finite Re after the adjustment for expected losses due to counterparty default associated to TP calculated as a whole



R0050



 


 


 


 


 





Technical provisions calculated as a sum of BE and RM



 


 


 


 


 


 





Best estimate



 


 


 


 


 


 





Premium provisions



 


 


 


 


 


 




Gross



R0060



 


 


 


 


 




Total recoverable from reinsurance/SPV and Finite Re after the adjustment for expected losses due to counterparty default



R0140



 


 


 


 


 




Net Best Estimate of Premium Provisions



R0150



 


 


 


 


 




Claims provisions


 


 


 


 


 


 




Gross



R0160



 


 


 


 


 




Total recoverable from reinsurance/SPV and Finite Re after the adjustment for expected losses due to counterparty default



R0240



 


 


 


 


 




Net Best Estimate of Claims Provisions



R0250



 


 


 


 


 




Total Best estimate - gross



R0260



 


 


 


 


 




Total Best estimate - net



R0270



 


 


 


 


 




Risk margin



R0280



 


 


 


 


 




Technical provisions - total


 


 


 


 


 


 




Technical provisions - total



R0320



 


 


 


 


 




Recoverable from reinsurance contract/SPV and Finite Re after the adjustment for expected losses due to counterparty default - total



R0330



 


 


 


 


 




Technical provisions minus recoverables from reinsurance/SPV and Finite Re - total



R0340



 


 


 


 


 





S.19.01.21


Non-life insurance claims








Accident year / Underwriting year




Z0020









Gross Claims Paid (non-cumulative) - Development year (absolute amount). Total Non-Life Business


















 


0


1


2


3


4


5


6


7


8


9


10 & +




C0010


C0020


C0030


C0040


C0050


C0060


C0070


C0080


C0090


C0100


C0110




Prior


R0100


 


 


 


 


 


 


 


 


 


 


 




N-9


R0160


 


 


 


 


 


 


 


 


 


 


 




N-8


R0170


 


 


 


 


 


 


 


 


 


 


 




N-7


R0180


 


 


 


 


 


 


 


 


 


 


 




N-6


R0190


 


 


 


 


 


 


 


 


 


 


 




N-5


R0200


 


 


 


 


 


 


 


 


 


 


 




N-4


R0210


 


 


 


 


 


 


 


 


 


 


 




N-3


R0220


 


 


 


 


 


 


 


 


 


 


 




N-2


R0230


 


 


 


 


 


 


 


 


 


 


 




N-1


R0240


 


 


 


 


 


 


 


 


 


 


 




N


R0250


 


 


 


 


 


 


 


 


 


 


 








Gross Claims Paid (non-cumulative) - Current year, sum of years (cumulative). Total Non-Life Business









 



In Current year




Sum of years (cumulative)






C0170




C0180





Prior


R0100


 


 




N-9


R0160


 


 




N-8


R0170


 


 




N-7


R0180


 


 




N-6


R0190


 


 




N-5


R0200


 


 




N-4


R0210


 


 




N-3


R0220


 


 




N-2


R0230


 


 




N-1


R0240


 


 




N


R0250


 


 




Total


R0260


 


 
























 


0


1


2


3


4


5


6


7


8


9


10 & +




C0200


C0210


C0220


C0230


C0240


C0250


C0260


C0270


C0280


C0290


C0300




Prior


R0100


 


 


 


 


 


 


 


 


 


 


 




N-9


R0160


 


 


 


 


 


 


 


 


 


 


 




N-8


R0170


 


 


 


 


 


 


 


 


 


 


 




N-7


R0180


 


 


 


 


 


 


 


 


 


 


 




N-6


R0190


 


 


 


 


 


 


 


 


 


 


 




N-5


R0200


 


 


 


 


 


 


 


 


 


 


 




N-4


R0210


 


 


 


 


 


 


 


 


 


 


 




N-3


R0220


 


 


 


 


 


 


 


 


 


 


 




N-2


R0230


 


 


 


 


 


 


 


 


 


 


 




N-1


R0240


 


 


 


 


 


 


 


 


 


 


 




N


R0250


 


 


 


 


 


 


 


 


 


 


 








Gross discounted Best Estimate Claims Provisions - Current year, sum of years (cumulative). Total Non-Life Business








 



Year end (discounted data)






C0360





Prior


R0100


 




N-9


R0160


 




N-8


R0170


 




N-7


R0180


 




N-6


R0190


 




N-5


R0200


 




N-4


R0210


 




N-3


R0220


 




N-2


R0230


 




N-1


R0240


 




N


R0250


 




Total


R0260


 





S.22.01.21


Impact of long term guarantees measures and transitionals












 



Amount with Long Term Guarantee measures and transitionals




Impact of transitional on technical provisions




Impact of transitional on interest rate




Impact of volatility adjustment set to zero




Impact of matching adjustment set to zero






C0010




C0030




C0050




C0070




C0090





Technical provisions



R0010



 


 


 


 


 




Basic own funds



R0020



 


 


 


 


 




Eligible own funds to meet Solvency Capital Requirement



R0050



 


 


 


 


 




Solvency Capital Requirement



R0090



 


 


 


 


 




Eligible own funds to meet Minimum Capital Requirement



R0100



 


 


 


 


 




Minimum Capital Requirement



R0110



 


 


 


 


 








S.22.01.22


Impact of long term guarantees measures and transitionals












 



Amount with Long Term Guarantee measures and transitionals




Impact of transitional on technical provisions




Impact of transitional on interest rate




Impact of volatility adjustment set to zero




Impact of matching adjustment set to zero






C0010




C0030




C0050




C0070




C0090






Technical provisions




R0010



 


 


 


 


 





Basic own funds




R0020



 


 


 


 


 





Eligible own funds to meet Solvency Capital Requirement




R0050



 


 


 


 


 





Solvency Capital Requirement




R0090



 


 


 


 


 





S.23.01.01


Own funds












 



Total




Tier 1 - unrestricted




Tier 1 - restricted




Tier 2




Tier 3






C0010




C0020




C0030




C0040




C0050






Basic own funds before deduction for participations in other financial sector as foreseen in article 68 of Delegated Regulation 2015/35



 


 


 


 


 


 




Ordinary share capital (gross of own shares)



R0010



 


 


 


 


 




Share premium account related to ordinary share capital



R0030



 


 


 


 


 




Initial funds, members' contributions or the equivalent basic own - fund item for mutual and mutual-type undertakings



R0040



 


 


 


 


 




Subordinated mutual member accounts



R0050



 


 


 


 


 




Surplus funds



R0070



 


 


 


 


 




Preference shares



R0090



 


 


 


 


 




Share premium account related to preference shares



R0110



 


 


 


 


 




Reconciliation reserve



R0130



 


 


 


 


 




Subordinated liabilities



R0140



 


 


 


 


 




An amount equal to the value of net deferred tax assets



R0160



 


 


 


 


 




Other own fund items approved by the supervisory authority as basic own funds not specified above



R0180



 


 


 


 


 





Own funds from the financial statements that should not be represented by the reconciliation reserve and do not meet the criteria to be classified as Solvency II own funds



 


 


 


 


 


 




Own funds from the financial statements that should not be represented by the reconciliation reserve and do not meet the criteria to be classified as Solvency II own funds



R0220



 


 


 


 


 





Deductions



 


 


 


 


 


 




Deductions for participations in financial and credit institutions



R0230



 


 


 


 


 





Total basic own funds after deductions




R0290



 


 


 


 


 





Ancillary own funds



 


 


 


 


 


 




Unpaid and uncalled ordinary share capital callable on demand



R0300



 


 


 


 


 




Unpaid and uncalled initial funds, members' contributions or the equivalent basic own fund item for mutual and mutual - type undertakings, callable on demand



R0310



 


 


 


 


 




Unpaid and uncalled preference shares callable on demand



R0320



 


 


 


 


 




A legally binding commitment to subscribe and pay for subordinated liabilities on demand



R0330



 


 


 


 


 




Letters of credit and guarantees under Article 96(2) of the Directive 2009/138/EC



R0340



 


 


 


 


 




Letters of credit and guarantees other than under Article 96(2) of the Directive 2009/138/EC



R0350



 


 


 


 


 




Supplementary members calls under first subparagraph of Article 96(3) of the Directive 2009/138/EC



R0360



 


 


 


 


 




Supplementary members calls - other than under first subparagraph of Article 96(3) of the Directive 2009/138/EC



R0370



 


 


 


 


 




Other ancillary own funds



R0390



 


 


 


 


 


















 



Total




Tier 1 - unrestricted




Tier 1 - restricted




Tier 2




Tier 3






C0010




C0020




C0030




C0040




C0050






Total ancillary own funds




R0400



 


 


 


 


 





Available and eligible own funds



 


 


 


 


 


 




Total available own funds to meet the SCR



R0500



 


 


 


 


 




Total available own funds to meet the MCR



R0510



 


 


 


 


 




Total eligible own funds to meet the SCR



R0540



 


 


 


 


 




Total eligible own funds to meet the MCR



R0550



 


 


 


 


 





SCR




R0580



 


 


 


 


 





MCR




R0600



 


 


 


 


 





Ratio of Eligible own funds to SCR




R0620



 


 


 


 


 





Ratio of Eligible own funds to MCR




R0640



 


 


 


 


 














 


 



C0060






Reconciliation reserve



 


 




Excess of assets over liabilities



R0700



 




Own shares (held directly and indirectly)



R0710



 




Foreseeable dividends, distributions and charges



R0720



 




Other basic own fund items



R0730



 




Adjustment for restricted own fund items in respect of matching adjustment portfolios and ring fenced funds



R0740



 





Reconciliation reserve




R0760



 





Expected profits



 


 




Expected profits included in future premiums (EPIFP) - Life business



R0770



 




Expected profits included in future premiums (EPIFP) - Non-life business



R0780



 





Total Expected profits included in future premiums (EPIFP)




R0790



 





S.23.01.22


Own funds












 



Total




Tier 1 - unrestricted




Tier 1 - restricted




Tier 2




Tier 3






C0010




C0020




C0030




C0040




C0050






Basic own funds before deduction



 


 


 


 


 


 




Ordinary share capital (gross of own shares)



R0010



 


 


 


 


 




Non-available called but not paid in ordinary share capital to be deducted at group level



R0020



 


 


 


 


 




Share premium account related to ordinary share capital



R0030



 


 


 


 


 




Initial funds, members' contributions or the equivalent basic own - fund item for mutual and mutual-type undertakings



R0040



 


 


 


 


 




Subordinated mutual member accounts



R0050



 


 


 


 


 




Non-available subordinated mutual member accounts to be deducted at group level



R0060



 


 


 


 


 




Surplus funds



R0070



 


 


 


 


 




Non-available surplus funds to be deducted at group level



R0080



 


 


 


 


 




Preference shares



R0090



 


 


 


 


 




Non-available preference shares to be deducted at group level



R0100



 


 


 


 


 




Share premium account related to preference shares



R0110



 


 


 


 


 




Non-available share premium account related to preference shares at group level



R0120



 


 


 


 


 




Reconciliation reserve



R0130



 


 


 


 


 




Subordinated liabilities



R0140



 


 


 


 


 




Non-available subordinated liabilities to be deducted at group level



R0150



 


 


 


 


 




An amount equal to the value of net deferred tax assets



R0160



 


 


 


 


 




The amount equal to the value of net deferred tax assets not available to be deducted at the group level



R0170



 


 


 


 


 




Other items approved by supervisory authority as basic own funds not specified above



R0180



 


 


 


 


 




Non available own funds related to other own funds items approved by supervisory authority



R0190



 


 


 


 


 




Minority interests



R0200



 


 


 


 


 




Non-available minority interests to be deducted at group level



R0210



 


 


 


 


 





Own funds from the financial statements that should not be represented by the reconciliation reserve and do not meet the criteria to be classified as Solvency II own funds



 


 


 


 


 


 




Own funds from the financial statements that should not be represented by the reconciliation reserve and do not meet the criteria to be classified as Solvency II own funds



R0220



 


 


 


 


 





Deductions



 


 


 


 


 


 




Deductions for participations in other financial undertakings, including non-regulated undertakings carrying out financial activities



R0230



 


 


 


 


 




Where deducted according to art 228 of the Directive 2009/138/EC



R0240



 


 


 


 


 




Deductions for participations where there is non-availability of information (Article 229)



R0250



 


 


 


 


 




Deduction for participations included via Deduction and Aggregation method (D&A) when a combination of methods are used



R0260



 


 


 


 


 




Total of non-available own fund items to be deducted



R0270



 


 


 


 


 





Total deductions




R0280



 


 


 


 


 


















 



Total




Tier 1 - unrestricted




Tier 1 - restricted




Tier 2




Tier 3






C0010




C0020




C0030




C0040




C0050






Total basic own funds after deductions




R0290



 


 


 


 


 





Ancillary own funds



 


 


 


 


 


 




Unpaid and uncalled ordinary share capital callable on demand



R0300



 


 


 


 


 




Unpaid and uncalled initial funds, members' contributions or the equivalent basic own fund item for mutual and mutual - type undertakings, callable on demand



R0310



 


 


 


 


 




Unpaid and uncalled preference shares callable on demand



R0320



 


 


 


 


 




A legally binding commitment to subscribe and pay for subordinated liabilities on demand



R0330



 


 


 


 


 




Letters of credit and guarantees under Article 96(2) of the Directive 2009/138/EC



R0340



 


 


 


 


 




Letters of credit and guarantees other than under Article 96(2) of the Directive 2009/138/EC



R0350



 


 


 


 


 




Supplementary members calls under first subparagraph of Article 96(3) of the Directive 2009/138/EC



R0360



 


 


 


 


 




Supplementary members calls - other than under first subparagraph of Article 96(3) of the Directive 2009/138/EC



R0370



 


 


 


 


 




Non available ancillary own funds to be dedcuted at group level



R0380



 


 


 


 


 




Other ancillary own funds



R0390



 


 


 


 


 





Total ancillary own funds




R0400



 


 


 


 


 





Own funds of other financial sectors



 


 


 


 


 


 




Credit institutions, investment firms, financial institutions, alternative investment fund managers, UCITS management companies - total



R0410



 


 


 


 


 




Institutions for occupational retirement provision



R0420



 


 


 


 


 




Non regulated undertakings carrying out financial activities



R0430



 


 


 


 


 




Total own funds of other financial sectors



R0440



 


 


 


 


 





Own funds when using the D&A, exclusively or in combination with method 1



 


 


 


 


 


 




Own funds aggregated when using the D&A and combination of method



R0450



 


 


 


 


 




Own funds aggregated when using the D&A and combination of method net of IGT



R0460



 


 


 


 


 




Total available own funds to meet the consolidated part of the group SCR (excluding own funds from other financial sector and from the undertakings included via D&A )



R0520



 


 


 


 


 




Total available own funds to meet the minimum consolidated group SCR



R0530



 


 


 


 


 




Total eligible own funds to meet the consolidated part of the group SCR (excluding own funds from other financial sector and from the undertakings included via D&A )



R0560



 


 


 


 


 




Total eligible own funds to meet the minimum consolidated group SCR



R0570



 


 


 


 


 





Minimum consolidated Group SCR




R0610



 


 


 


 


 





Ratio of Eligible own funds to Minimum Consolidated Group SCR




R0650



 


 


 


 


 





Total eligible own funds to meet the total group SCR (including own funds from other financial sector and from the undertakings included via D&A)




R0660



 


 


 


 


 





Total Group SCR




R0680



 


 


 


 


 





Ratio of Total Eligible own funds to Total group SCR - ratio including other financial sectors and the undertakings included via D&A




R0690



 


 


 


 


 















 



C0060



 





Reconciliation reserve



 


 


 




Excess of assets over liabilities



R0700



 


 




Own shares (held directly and indirectly)



R0710



 


 




Foreseeable dividends, distributions and charges



R0720



 


 




Other basic own fund items



R0730



 


 




Adjustment for restricted own fund items in respect of matching adjustment portfolios and ring fenced funds



R0740



 


 




Other non available own funds



R0750



 


 





Reconciliation reserve




R0760



 


 





Expected profits



 


 


 




Expected profits included in future premiums (EPIFP) - Life business



R0770



 


 




Expected profits included in future premiums (EPIFP) - Non-life business



R0780



 


 





Total Expected profits included in future premiums (EPIFP)




R0790



 


 





S.25.01.21


Solvency Capital Requirement - for undertakings on Standard Formula










Basic Solvency Capital Requirement




Gross solvency capital requirement




Simplifications






C0110




C0120





Market risk



R0010



 


 




Counterparty default risk



R0020



 


 




Life underwriting risk



R0030



 


 




Health underwriting risk



R0040



 


 




Non-life underwriting risk



R0050



 


 




Diversification



R0060



 


 




Intangible asset risk



R0070



 


 





Basic Solvency Capital Requirement




R0100



 


 








Basic Solvency Capital Requirement (USP)








 



USP






C0090





Life underwriting risk



R0030



 




Health underwriting risk



R0040



 




Non-life underwriting risk



R0050



 








Calculation of Solvency Capital Requirement








 



Value






C0100





Operational risk



R0130



 




Loss-absorbing capacity of technical provisions



R0140



 




Loss-absorbing capacity of deferred taxes



R0150



 




Capital requirement for business operated in accordance with Art. 4 of Directive 2003/41/EC



R0160



 





Solvency Capital Requirement excluding capital add-on




R0200



 




Capital add-on already set



R0210



 




of which, capital add-ons already set - Article 37 (1) Type a



R0211



 




of which, capital add-ons already set - Article 37 (1) Type b



R0212



 




of which, capital add-ons already set - Article 37 (1) Type c



R0213



 




of which, capital add-ons already set - Article 37 (1) Type d



R0214



 




Solvency capital requirement



R0220



 





Other information on SCR



 


 




Capital requirement for duration-based equity risk sub-module



R0400



 




Total amount of Notional Solvency Capital Requirements for remaining part



R0410



 




Total amount of Notional Solvency Capital Requirements for ring fenced funds



R0420



 




Total amount of Notional Solvency Capital Requirements for matching adjustment portfolios



R0430



 




Diversification effects due to RFF nSCR aggregation for article 304



R0440



 








Approach to tax rate








 



Yes/No






C0109





Approach based on average tax rate



R0590



 








Calculation of loss absorbing capacity of deferred taxes








 



LAC DT






C0130





LAC DT



R0640



 




LAC DT justified by reversion of deferred tax liabilities



R0650



 




LAC DT justified by reference to probable future taxable economic profit



R0660



 




LAC DT justified by carry back, current year



R0670



 




LAC DT justified by carry back, future years



R0680



 




Maximum LAC DT



R0690



 





S.25.01.22


Solvency Capital Requirement - for groups on Standard Formula


Basic Solvency Capital Requirement









 



Gross solvency capital requirement




Simplifications






C0110




C0120





Market risk



R0010



 


 




Counterparty default risk



R0020



 


 




Life underwriting risk



R0030



 


 




Health underwriting risk



R0040



 


 




Non-life underwriting risk



R0050



 


 




Diversification



R0060



 


 




Intangible asset risk



R0070



 


 




Basic Solvency Capital Requirement



R0100



 


 








Basic Solvency Capital Requirement (USP)








 



USP






C0090





Life underwriting risk



R0030



 




Health underwriting risk



R0040



 




Non-life underwriting risk



R0050



 








Calculation of Solvency Capital Requirement








 



Value






C0100





Operational risk



R0130



 




Loss-absorbing capacity of technical provisions



R0140



 




Loss-absorbing capacity of deferred taxes



R0150



 




Capital requirement for business operated in accordance with Art. 4 of Directive 2003/41/EC



R0160



 




Solvency capital requirement calculated on the basis of Art. 336 (a) of Delegated Regulation (EU) 2015/35, excluding capital add–on



R0200



 




Capital add-ons already set



R0210



 




of which, capital add-ons already set - Article 37 (1) Type a



R0211



 




of which, capital add-ons already set - Article 37 (1) Type b



R0212



 




of which, capital add-ons already set - Article 37 (1) Type c



R0213



 




of which, capital add-ons already set - Article 37 (1) Type d



R0214



 




Consolidated Group SCR



R0220



 





Other information on SCR



 


 




Capital requirement for duration-based equity risk sub-module



R0400



 




Total amount of Notional Solvency Capital Requirements for remaining part



R0410



 




Total amount of Notional Solvency Capital Requirements for ring fenced funds



R0420



 




Total amount of Notional Solvency Capital Requirements for matching adjustment portfolios



R0430



 




Diversification effects due to RFF nSCR aggregation for article 304



R0440



 




Minimum consolidated group solvency capital requirement



R0470



 





Information on other entities



 


 




Capital requirement for other financial sectors (Non-insurance capital requirements)



R0500



 




Capital requirement for other financial sectors (Non-insurance capital requirements) - Credit institutions, investment firms and financial institutions, alternative investment funds managers, UCITS management companies



R0510



 




Capital requirement for other financial sectors (Non-insurance capital requirements) - Institutions for occupational retirement provisions



R0520



 




Capital requirement for other financial sectors (Non-insurance capital requirements) - Capital requirement for non- regulated undertakings carrying out financial activities



R0530



 




Capital requirement for non-controlled participation



R0540



 




Capital requirement for residual related undertakings



R0550



 




Capital requirement for collective investment undertakings or investment packaged as funds



R0555



 





Overall SCR



 


 




SCR for undertakings included via D&A method



R0560



 




Total group solvency capital requirement



R0570



 





S.25.05.21


Solvency Capital Requirement - for undertakings using an internal model (partial or full)


Solvency Capital Requirement information











 



Solvency Capital Requirement




Amount modelled




USP




Simplifications






C0010




C0070




C0090




C0120





Risk type


 


 


 


 


 




Total diversification



R0020



 


 


 


 




Total diversified risk before tax



R0030



 


 


 


 




Total diversified risk after tax



R0040



 


 


 


 




Total market & credit risk



R0070



 


 


 


 




Market & Credit risk - diversified



R0080



 


 


 


 




Credit event risk not covered in market & credit risk



R0190



 


 


 


 




Credit event risk not covered in market & credit risk - diversified



R0200



 


 


 


 




Total Business risk



R0270



 


 


 


 




Total Business risk - diversified



R0280



 


 


 


 




Total Net Non-life underwriting risk



R0310



 


 


 


 




Total Net Non-life underwriting risk - diversified



R0320



 


 


 


 




Total Life & Health underwriting risk



R0400



 


 


 


 




Total Life & Health underwriting risk - diversified



R0410



 


 


 


 




Total Operational risk



R0510



 


 


 


 




Total Operational risk - diversified



R0520



 


 


 


 




Other risk



R0530



 


 


 


 








Calculation of Solvency Capital Requirement








 



C0100





Total undiversified components



R0110



 




Diversification



R0060



 




Adjustment due to RFF/MAP nSCR aggregation



R0120



 




Capital requirement for business operated in accordance with Art. 4 of Directive 2003/41/EC



R0160



 




Solvency capital requirement excluding capital add-on



R0200



 




Capital add-ons already set



R0210



 




Capital add-ons already set - Article 37 (1) Type a



R0211



 




Capital add-ons already set - Article 37 (1) Type b



R0212



 




Capital add-ons already set - Article 37 (1) Type c



R0213



 




Capital add-ons already set - Article 37 (1) Type d



R0214



 




Solvency capital requirement



R0220



 





Other information on SCR



 


 




Amount/estimate of the overall loss-absorbing capacity of technical provisions



R0300



 




Amount/estimate of the overall loss-absorbing capacity of deferred taxes



R0310



 




Capital requirement for duration-based equity risk sub-module



R0400



 




Total amount of Notional Solvency Capital Requirements for remaining part



R0410



 




Total amount of Notional Solvency Capital Requirement for ring fenced funds



R0420



 




Total amount of Notional Solvency Capital Requirement for matching adjustment portfolios



R0430



 




Diversification effects due to RFF nSCR aggregation for article 304



R0440



 




Method used to calculate the adjustment due to RFF nSCR aggregation



R0450



 




Net future discretionary benefits



R0460



 





S.25.02.21.04


Approach to tax rate








 



Yes/No






C0109





Approach based on average tax rate



R0590



 








S.25.02.21.05


Calculation of loss absorbing capacity of deferred taxes








 



LAC DT






C0130





Amount/estimate of LAC DT



R0640



 




Amount/estimate of LAC DT justified by reversion of deferred tax liabilities



R0650



 




Amount/estimate of LAC DT justified by reference to probable future taxable economic profit



R0660



 




Amount/estimate of AC DT justified by carry back, current year



R0670



 




Amount/estimate of LAC DT justified by carry back, future years



R0680



 




Amount/estimate of Maximum LAC DT



R0690



 





S.25.05.22


Solvency Capital Requirement - for groups using an internal model (partial or full)











 



Solvency Capital Requirement




Amount modelled




USP




Simplifications






C0010




C0070




C0090




C0120





Risk type


 


 


 


 


 




Total diversification



R0020



 


 


 


 




Total diversified risk before tax



R0030



 


 


 


 




Total diversified risk after tax



R0040



 


 


 


 




Total market & credit risk



R0070



 


 


 


 




Market & Credit risk - diversified



R0080



 


 


 


 




Credit event risk not covered in market & credit risk



R0190



 


 


 


 




Credit event risk not covered in market & credit risk - diversified



R0200



 


 


 


 




Total Business risk



R0270



 


 


 


 




Total Business risk - diversified



R0280



 


 


 


 




Total Net Non-life underwriting risk



R0310



 


 


 


 




Total Net Non-life underwriting risk - diversified



R0320



 


 


 


 




Total Life & Health underwriting risk



R0400



 


 


 


 




Total Life & Health underwriting risk - diversified



R0410



 


 


 


 




Total Operational risk



R0510



 


 


 


 




Total Operational risk - diversified



R0520



 


 


 


 




Other risk



R0530



 


 


 


 








Calculation of Solvency Capital Requirement








 



C0100





Total undiversified components



R0110



 




Diversification



R0060



 




Adjustment due to RFF/MAP nSCR aggregation



R0120



 




Capital requirement for business operated in accordance with Art. 4 of Directive 2003/41/EC



R0160



 




Solvency capital requirement calculated on the basis of Art. 336 (a) of Delegated Regulation (EU) 2015/35, excluding capital add–on



R0200



 




Capital add-ons already set



R0210



 




Capital add-ons already set - Article 37 (1) Type a



R0211



 




Capital add-ons already set - Article 37 (1) Type b



R0212



 




Capital add-ons already set - Article 37 (1) Type c



R0213



 




Capital add-ons already set - Article 37 (1) Type d



R0214



 




Consolidated Group SCR



R0220



 





Other information on SCR



 


 




Amount/estimate of the overall loss-absorbing capacity of technical provisions



R0300



 




Amount/estimate of the overall loss-absorbing capacity of deferred taxes



R0310



 




Capital requirement for duration-based equity risk sub-module



R0400



 




Total amount of Notional Solvency Capital Requirements for remaining part



R0410



 




Total amount of Notional Solvency Capital Requirement for ring fenced funds



R0420



 




Total amount of Notional Solvency Capital Requirement for matching adjustment portfolios



R0430



 




Diversification effects due to RFF nSCR aggregation for article 304



R0440



 




Minimum consolidated group solvency capital requirement



R0470



 





Information on other entities



 


 




Capital requirement for other financial sectors (Non-insurance capital requirements)



R0500



 




Capital requirement for other financial sectors (Non-insurance capital requirements) - Credit institutions, investment firms and financial institutions, alternative investment funds managers, UCITS management companies



R0510



 




Capital requirement for other financial sectors (Non-insurance capital requirements) - Institutions for occupational retirement provisions



R0520



 




Capital requirement for other financial sectors (Non-insurance capital requirements) - Capital requirement for non-regulated undertakings carrying out financial activities



R0530



 




Capital requirement for non-controlled participation



R0540



 




Capital requirement for residual related undertakings



R0550



 




Capital requirement for collective investment undertakings or investment packaged as funds



R0555



 





Overall SCR



 


 




SCR for undertakings included via D&A method



R0560



 





Total group solvency capital requirement




R0570



 





S.28.01.01


Minimum Capital Requirement - Only life or only non-life insurance or reinsurance activity


Linear formula component for non-life insurance and reinsurance obligations








 



MCR components






C0010





MCRNL Result



R0010



 















 



Background information






Net (of reinsurance/SPV) best estimate and TP calculated as a whole




Net (of reinsurance) written premiums in the last 12 months






C0020




C0030





Medical expense insurance and proportional reinsurance



R0020



 


 




Income protection insurance and proportional reinsurance



R0030



 


 




Workers' compensation insurance and proportional reinsurance



R0040



 


 




Motor vehicle liability insurance and proportional reinsurance



R0050



 


 




Other motor insurance and proportional reinsurance



R0060



 


 




Marine, aviation and transport insurance and proportional reinsurance



R0070



 


 




Fire and other damage to property insurance and proportional reinsurance



R0080



 


 




General liability insurance and proportional reinsurance



R0090



 


 




Credit and suretyship insurance and proportional reinsurance



R0100



 


 




Legal expenses insurance and proportional reinsurance



R0110



 


 




Assistance and proportional reinsurance



R0120



 


 




Miscellaneous financial loss insurance and proportional reinsurance



R0130



 


 




Non-proportional health reinsurance



R0140



 


 




Non-proportional casualty reinsurance



R0150



 


 




Non-proportional marine, aviation and transport reinsurance



R0160



 


 




Non-proportional property reinsurance



R0170



 


 








Linear formula component for life insurance and reinsurance obligations








 



C0040





MCRL Result



R0200



 








Total capital at risk for all life (re)insurance obligations









 



Net (of reinsurance/SPV) best estimate and TP calculated as a whole




Net (of reinsurance/SPV) total capital at risk






C0050




C0060





Obligations with profit participation - guaranteed benefits



R0210



 


 




Obligations with profit participation - future discretionary benefits



R0220



 


 




Index-linked and unit-linked insurance obligations



R0230



 


 




Other life (re)insurance and health (re)insurance obligations



R0240



 


 




Total capital at risk for all life (re)insurance obligations



R0250



 


 








Overall MCR calculation








 



C0070





Linear MCR



R0300



 




SCR



R0310



 




MCR cap



R0320



 




MCR floor



R0330



 




Combined MCR



R0340



 




Absolute floor of the MCR



R0350



 





Minimum Capital Requirement




R0400



 





S.28.02.01


Minimum capital Requirement - Both life and non-life insurance activity









 



MCR components






Non-life activities




Life activities






MCR(NL, NL) Result




MCR(NL, L)Result






C0010




C0020






Linear formula component for non-life insurance and reinsurance obligations




R0010



 


 

















 



Background information






Non-life activities




Life activities






Net (of reinsurance/ SPV) best estimate and TP calculated as a whole




Net (of reinsurance) written premiums in the last 12 months




Net (of reinsurance/SPV) best estimate and TP calculated as a whole




Net (of reinsurance) written premiums in the last 12 months






C0030




C0040




C0050




C0060





Medical expense insurance and proportional reinsurance



R0020



 


 


 


 




Income protection insurance and proportional reinsurance



R0030



 


 


 


 




Workers' compensation insurance and proportional reinsurance



R0040



 


 


 


 




Motor vehicle liability insurance and proportional reinsurance



R0050



 


 


 


 




Other motor insurance and proportional reinsurance



R0060



 


 


 


 




Marine, aviation and transport insurance and proportional reinsurance



R0070



 


 


 


 




Fire and other damage to property insurance and proportional reinsurance



R0080



 


 


 


 




General liability insurance and proportional reinsurance



R0090



 


 


 


 




Credit and suretyship insurance and proportional reinsurance



R0100



 


 


 


 




Legal expenses insurance and proportional reinsurance



R0110



 


 


 


 




Assistance and proportional reinsurance



R0120



 


 


 


 




Miscellaneous financial loss insurance and proportional reinsurance



R0130



 


 


 


 




Non-proportional health reinsurance



R0140



 


 


 


 




Non-proportional casualty reinsurance



R0150



 


 


 


 




Non-proportional marine, aviation and transport reinsurance



R0160



 


 


 


 




Non-proportional property reinsurance



R0170



 


 


 


 















 



Non-life activities




Life activities





MCR(L,NL) Result


MCR(L,L) Result





C0070




C0080






Linear formula component for life insurance and reinsurance obligations




R0200



 


 

















 



Net (of reinsurance/SPV) best estimate and TP calculated as a whole




Net (of reinsurance/SPV) total capital at risk




Net (of reinsurance/SPV) best estimate and TP calculated as a whole




Net (of reinsurance/SPV) total capital at risk






C0090




C0100




C0110




C0120





Obligations with profit participation - guaranteed benefits



R0210



 


 


 


 




Obligations with profit participation - future discretionary benefits



R0220



 


 


 


 




Index-linked and unit-linked insurance obligations



R0230



 


 


 


 




Other life (re)insurance and health (re)insurance obligations



R0240



 


 


 


 




Total capital at risk for all life (re)insurance obligations



R0250



 


 


 


 








Overall MCR calculation








 



C0130





Linear MCR



R0300



 




SCR



R0310



 




MCR cap



R0320



 




MCR floor



R0330



 




Combined MCR



R0340



 




Absolute floor of the MCR



R0350



 





Minimum Capital Requirement




R0400



 
















Notional non-life and life MCR calculation




Non-life activities




Life activities






C0140




C0150





Notional linear MCR



R0500



 


 




Notional SCR excluding add-on (annual or latest calculation)



R0510



 


 




Notional MCR cap



R0520



 


 




Notional MCR floor



R0530



 


 




Notional Combined MCR



R0540



 


 




Absolute floor of the notional MCR



R0550



 


 




Notional MCR



R0560



 


 





S.32.01.22


Undertakings in the scope of the group















Country




Identification code of the undertaking




Type of code of the ID of the undertaking




Legal Name of the undertaking




Type of undertaking




Legal form




Category (mutual/ non mutual)




Supervisory Authority




(cont.)






C0010




C0020




C0030




C0040




C0050




C0060




C0070




C0080



 




 


 


 


 


 


 


 


 


 





















Criteria of influence




Inclusion in the scope of Group supervision




Group solvency calculation






% capital share




% used for the establishment of consolidated accounts




% voting rights




Other criteria




Level of influence




Proportional share used for group solvency calculation




Yes/No




Date of decision if art. 214 is applied




Method used and under method 1, treatment of the undertaking






C0180




C0190




C0200




C0210




C0220




C0230




C0240




C0250




C0260





 


 


 


 


 


 


 


 


 









ANNEX II

Instructions for the templates for the solvency and financial condition report of individual undertakings

This Annex contains instructions in relation to the templates in Annex I. The first column of the tables identifies the items to be disclosed by identifying the columns and rows as showed in the template in Annex I.
Templates which shall be filled in in accordance with the instructions of the different sections of this Annex are referred to as ‘this template’ throughout the text of the Annex.


S.02.01 – Balance sheet



General comments:

This section relates to the annual disclosure of information for individual entities.
The ‘Solvency II value’ column (C0010) shall be completed using the valuation principles set out in the Directive 2009/138/EC, Delegated Regulation (EU) 2015/35 and Solvency 2 Technical Standards and Guidelines.







 


ITEM


INSTRUCTIONS





Assets



 


 




C0010/R0030


Intangible assets


Intangible assets other than goodwill. An identifiable non–monetary asset without physical substance.




C0010/R0040


Deferred tax assets


Deferred tax assets are the amounts of income taxes recoverable in future periods in respect of:






(a)


deductible temporary differences;










(b)


the carry forward of unused tax losses; or










(c)


the carry forward of unused tax credits.








C0010/R0050


Pension benefit surplus


This is the total of net surplus related to employees’ pension scheme.




C0010/R0060


Property, plant & equipment held for own use


Tangible assets which are intended for permanent use and property held by the undertaking for own use. It also includes property for own use under construction.




C0010/R0070


Investments (other than assets held for index–linked and unit–linked contracts)


This is the total amount of investments, excluding assets held for index–linked and unit–linked contracts.




C0010/R0080


Property (other than for own use)


Amount of the property, other than for own use. It also includes property under construction other than for own use.




C0010/R0090


Holdings in related undertakings, including participations


Participations as defined in Article 13(20) Directive 2009/138/EC and 212(2) of Directive 2009/138/EC and holdings in related undertakings as defined in Article 212(1), point (b), of Directive 2009/138/EC.
Where parts of the assets regarding participation and related undertakings refer to unit and index linked contracts, those parts shall be disclosed in ‘Assets held for index–linked and unit–linked contracts’ in C0010/R0220.




C0010/R0100


Equities


This is the total amount of equities, listed and unlisted.




C0010/R0110


Equities – listed


Shares representing corporations’ capital, e.g. representing ownership in a corporation, negotiated on a regulated market or on a multilateral trading facility, as specified by Directive 2014/65/EU.
Equities listed shall exclude holdings in related undertakings, including participations.




C0010/R0120


Equities – unlisted


Shares representing corporations’ capital, e.g. representing ownership in a corporation, not negotiated on a regulated market or on a multilateral trading facility, as specified by Directive 2014/65/EU.
Equities unlisted shall exclude holdings in related undertakings, including participations.




C0010/R0130


Bonds


This is the total amount of government bonds, corporate bonds, structured notes and collateralised securities.




C0010/R0140


Government Bonds


Bonds issued by public authorities, whether by central governments, supranational government institutions, regional governments or local authorities and bonds that are fully, unconditionally and irrevocably guaranteed by the European Central Bank, Member States’ central government and central banks, multilateral development banks as referred to in Article 117(2) of Regulation (EU) No 575/2013 of the European Parliament and of the Council (1), or international organisations as referred to in Article 118 of that Regulation, the regional governments and local authorities listed in Article 1 of Commission Implementing Regulation (EU) 2015/2011 (2), where the guarantee meets the requirements set out in Article 215 of Delegated Regulation (EU) 2015/35.




C0010/R0150


Corporate Bonds


Bonds issued by corporations




C0010/R0160


Structured notes


Hybrid securities, combining a fixed income (return in a form of fixed payments) instrument with a series of derivative components. Excluded from this category are fixed income securities that are issued by sovereign governments. Concerns securities that have embedded any categories of derivatives, including Credit Default Swaps (‘CDS’), Constant Maturity Swaps (‘CMS’), Credit Default Options (‘CDOp’).




C0010/R0170


Collateralised securities


Securities whose value and payments are derived from a portfolio of underlying assets, including Asset Backed Securities (‘ABS’), Mortgage Backed securities (‘MBS’), Commercial Mortgage Backed securities (‘CMBS’), Collateralised Debt Obligations (‘CDO’), Collateralised Loan Obligations (‘CLO’), Collateralised Mortgage Obligations (‘CMO’)




C0010/R0180


Collective Investments Undertakings


Collective investment undertaking means an undertaking for collective investment in transferable securities (‘UCITS’) as defined in Article 1(2) of Directive 2009/65/EC of the European Parliament and of the Council (3) or an alternative investment fund (‘AIF’) as defined in Article 4(1), point (a), of Directive 2011/61/EU of the European Parliament and of the Council (4).




C0010/R0190


Derivatives


A financial instrument or other contract with all three of the following characteristics:






(a)


its value changes in response to the change in a specified interest rate, financial instrument price, commodity price, foreign exchange rate, index of prices or rates, credit rating or credit index, or other variable, provided in the case of a non–financial variable that the variable is not specific to a party to the contract (sometimes called the ‘underlying’).










(b)


it requires no initial net investment or an initial net investment that is smaller than would be required for other types of contracts that would be expected to have a similar response to changes in market factors.










(c)


it is settled at a future date.




Solvency II value, only if positive, of the derivative as of the reporting date is reported here (in case of negative value, see C0010/R0790).




C0010/R0200


Deposits other than cash equivalents


Deposits other than cash equivalents that cannot be used to make payments until before a specific maturity date and that are not exchangeable for currency or transferable deposits without any kind of significant restriction or penalty.




C0010/R0210


Other investments


Other investments not covered already within investments disclosed between R0070 and R0200.




C0010/R0220


Assets held for index–linked and unit–linked contracts


Assets held for index–linked and unit–linked contracts (classified in line of business 31 as specified in Annex I to Delegated Regulation (EU) 2015/35).




C0010/R0230


Loans and mortgages


This is the total amount of loans and mortgages, i.e. financial assets created when undertakings lend funds, either with or without collateral, including cash pools.




C0010/R0240


Loans on policies


Loans made to policyholders, collateralised on policies (underlying technical provisions).




C0010/R0250


Loans and mortgages to individuals


Financial assets created when creditors lend funds to debtors – individuals, with collateral or not, including cash pools.




C0010/R0260


Other loans and mortgages


Financial assets created when creditors lend funds to debtors – others, not classifiable in item R0240 or R0250, with collateral or not, including cash pools.




C0010/R0270


Reinsurance recoverables from:


This is the total amount of reinsurance recoverables. It corresponds to the amount of reinsurer share of technical provisions (including Finite reinsurance and SPV).
This cell in particular includes all expected payments from reinsurers to the undertaking (or vice versa) which correspond to payments not yet made by the undertaking to policyholders (or by policyholders to the undertaking). All expected payments from reinsurers to the undertaking (or vice versa) corresponding to payments already made by the undertaking to policyholders (or by policyholders to the undertaking) should be included in reinsurance receivables (or reinsurance payables).




C0010/R0280


Non–life and health similar to non–life


Reinsurance recoverables in respect of technical provisions for non–life and health similar to non–life.




C0010/R0290


Non–life excluding health


Reinsurance recoverables in respect of technical provisions for non–life business, excluding technical provisions for health– similar to non –life




C0010/R0300


Health similar to non–life


Reinsurance recoverables in respect of technical provisions for health similar to non – life.




C0010/R0310


Life and health similar to life, excluding health and index–linked and unit–linked


Reinsurance recoverable in respect of technical provisions for life and health similar to life, excluding health and index–linked and unit–linked.




C0010/R0320


Health similar to life


Reinsurance recoverables in respect of technical provisions for health–similar to life.




C0010/R0330


Life excluding health and index–linked and unit–linked


Reinsurance recoverables in respect of technical provisions for life business, excluding technical provisions health–similar to life techniques and technical provisions for index–linked and unit–linked.




C0010/R0340


Life index–linked and unit–linked


Reinsurance recoverables in respect of technical provisions for life index–linked and unit–linked business.




C0010/R0350


Deposits to cedants


Deposits relating to reinsurance accepted.




C0010/R0360


Insurance and intermediaries receivables


Amounts for payment by policyholders, insurers and other linked to insurance business that are not included in technical provisions.
It shall include receivables from reinsurance accepted.




C0010/R0370


Reinsurance receivables


This cell includes all expected payments (due and past-due) from reinsurers – linked to reinsurance business – to the undertaking that are not included in reinsurance recoverables.
Those expected payments should not be included in the item "any other assets not elsewhere shown".
This cell in particular should take into account all expected payments from reinsurers to the undertaking and which correspond to payments made by the undertaking to the policyholders.
It also includes all expected payments (due and past-due) from reinsurers in relation to other than insurance events or those that have been agreed between the cedant undertaking and the reinsurer and where the amount of the expected payment is certain.




C0010/R0380


Receivables (trade, not insurance)


Includes amounts receivables from employees or various business partners (not insurance–related), including public entities.




C0010/R0390


Own shares (held directly)


This is the total amount of own shares held directly by the undertaking.




C0010/R0400


Amounts due in respect of own fund items or initial fund called up but not yet paid in


Value of the amount due in respect of own fund items or initial funds called up but not yet paid in.




C0010/R0410


Cash and cash equivalents


Notes and coin in circulation that are commonly used to make payments, and deposits exchangeable for currency on demand at par and which are directly usable for making payments by cheque, draft, giro order, direct debit/credit, or other direct payment facility, without penalty or restriction.
Bank accounts shall not be netted off, thus only positive accounts shall be recognised in this item and bank overdrafts shown within liabilities unless where both legal right of offset and demonstrable intention to settle net exist.




C0010/R0420


Any other assets, not elsewhere shown


This is the amount of any other assets not already elsewhere included within balance sheet items.




C0010/R0500


Total assets


This is the overall total amount of all assets.





Liabilities



 


 




C0010/R0510


Technical provisions – non–life


Sum of the technical provisions non–life.
This amount includes the apportionment from the transitional deduction to technical provisions in accordance with the proportionate methodology used for the purposes of calculation of the minimum capital requirement (‘MCR’).




C0010/R0520


Technical provisions – non–life (excluding health)


This is the total amount of technical provisions for non – life business (excluding health).
This amount includes the apportionment from the transitional deduction to technical provisions in accordance with the proportionate methodology used for the purposes of calculation of the MCR.




C0010/R0530


Technical provisions – non–life (excluding health) – technical provisions calculated as a whole


This is the total amount of technical provisions calculated as whole (replicable/hedgeable portfolio) for non – life business (excluding health).
This amount includes the apportionment from the transitional deduction to technical provisions in accordance with the proportionate methodology used for the purposes of calculation of the MCR.




C0010/R0540


Technical provisions – non–life (excluding health) – Best estimate


This is the total amount of best estimate of technical provisions for non – life business (excluding health).
Best estimate shall be disclosed gross of reinsurance.
This amount includes the apportionment from the transitional deduction to technical provisions in accordance with the proportionate methodology used for the purposes of calculation of the MCR.




C0010/R0550


Technical provisions – non–life (excluding health) – Risk margin


This is the total amount of risk margin of technical provisions for non – life business (excluding health).
This amount includes the apportionment from the transitional deduction to technical provisions in accordance with the proportionate methodology used for the purposes of calculation of the MCR.




C0010/R0560


Technical provisions – health (similar to non–life)


This is the total amount of technical provisions for health (similar to non – life).
This amount includes the apportionment from the transitional deduction to technical provisions in accordance with the proportionate methodology used for the purposes of calculation of the MCR.




C0010/R0570


Technical provisions – health (similar to non – life) – technical provisions calculated as a whole


This is the total amount of technical provisions calculated as a whole (replicable/hedgeable portfolio) for health (similar to non–life).
This amount includes the apportionment from the transitional deduction to technical provisions in accordance with the proportionate methodology used for the purposes of MCR calculation.




C0010/R0580


Technical provisions – health(similar to non –life) – Best estimate


This is the total amount of best estimate of technical provisions for health business (similar to non – life).
Best estimate shall be disclosed gross of reinsurance.
This amount includes the apportionment from the transitional deduction to technical provisions in accordance with the proportionate methodology used for the purposes of MCR calculation.




C0010/R0590


Technical provisions – health (similar to non – life) – Risk margin


This is the total amount of risk margin of technical provisions for health business (similar to non – life).
This amount includes the apportionment from the transitional deduction to technical provisions in accordance with the proportionate methodology used for the purposes of MCR calculation.




C0010/R0600


Technical provisions – life (excluding index–linked and unit–linked)


Sum of the technical provisions life (excluding index–linked and unit–linked).
This amount includes the apportionment from the transitional deduction to technical provisions in accordance with the proportionate methodology used for the purposes of MCR calculation.




C0010/R0610


Technical provisions – health (similar to life)


This is the total amount of technical provisions for health (similar to life) business.
This amount includes the apportionment from the transitional deduction to technical provisions in accordance with the proportionate methodology used for the purposes of MCR calculation.




C0010/R0620


Technical provisions – health (similar to life) – technical provisions calculated as a whole


This is the total amount of technical provisions calculated as a whole (replicable/hedgeable portfolio) for health (similar to life) business.
This amount includes the apportionment from the transitional deduction to technical provisions in accordance with the proportionate methodology used for the purposes of MCR calculation.




C0010/R0630


Technical provisions – health (similar to life) – Best estimate


This is the total amount of best estimate of technical provisions for health (similar to life) business.
Best estimate shall be disclosed gross of reinsurance.
This amount includes the apportionment from the transitional deduction to technical provisions in accordance with the proportionate methodology used for the purposes of MCR calculation.




C0010/R0640


Technical provisions – health (similar to life) – Risk margin


This is the total amount of risk margin of technical provisions for health (similar to life) business.
This amount includes the apportionment from the transitional deduction to technical provisions in accordance with the proportionate methodology used for the purposes of MCR calculation.




C0010/R0650


Technical provisions – life (excl. health and index–linked and unit–linked)


This is the total amount of technical provisions for life (excluding health and index – linked and unit – linked) business.
This amount includes the apportionment from the transitional deduction to technical provisions in accordance with the proportionate methodology used for the purposes of MCR calculation.




C0010/R0660


Technical provisions – life (excl. health and index–linked and unit–linked) – technical provisions calculated as a whole


This is the total amount of technical provisions calculated as a whole (replicable/hedgeable portfolio) for life (excluding health and index – linked and unit – linked) business.
This amount includes the apportionment from the transitional deduction to technical provisions in accordance with the proportionate methodology used for the purposes of MCR calculation.




C0010/R0670


Technical provisions – life (excl. health and index–linked and unit–linked) – Best estimate


This is the total amount of best estimate of technical provisions for life (excluding health and index – linked and unit – linked) business.
Best estimate shall be disclosed gross of reinsurance.
This amount includes the apportionment from the transitional deduction to technical provisions in accordance with the proportionate methodology used for the purposes of MCR calculation.




C0010/R0680


Technical provisions – life (excl. health and index–linked and unit–linked) – Risk margin


This is the total amount of risk margin of technical provisions for life (excluding health and index – linked and unit – linked) business.
This amount includes the apportionment from the transitional deduction to technical provisions in accordance with the proportionate methodology used for the purposes of MCR calculation.




C0010/R0690


Technical provisions – index–linked and unit–linked


This is the total amount of technical provisions for index – linked and unit – linked business.
This amount includes the apportionment from the transitional deduction to technical provisions in accordance with the proportionate methodology used for the purposes of MCR calculation.




C0010/R0700


Technical provisions – index–linked and unit–linked – technical provisions calculated as a whole


This is the total amount of technical provisions calculated as a whole (replicable/hedgeable portfolio) for index – linked and unit – linked business.
This amount includes the apportionment from the transitional deduction to technical provisions in accordance with the proportionate methodology used for the purposes of MCR calculation.




C0010/R0710


Technical provisions – index–linked and unit–linked – Best estimate


This is the total amount of best estimate of technical provisions for index – linked and unit – linked business.
Best estimate shall be disclosed gross of reinsurance
This amount includes the apportionment from the transitional deduction to technical provisions in accordance with the proportionate methodology used for the purposes of MCR calculation.




C0010/R0720


Technical provisions – index–linked and unit–linked – Risk margin


This is the total amount of risk margin of technical provisions for index – linked and unit – linked business.
This amount includes the apportionment from the transitional deduction to technical provisions in accordance with the proportionate methodology used for the purposes of MCR calculation.




C0010/R0740


Contingent liabilities


A contingent liability is:






(a)


a possible obligation that arises from past events and whose existence will be confirmed only by the occurrence or non–occurrence of one or more uncertain future events not wholly within the control of the entity; or










(b)


a present obligation that arises from past events even if:






(i)


it is not probable that an outflow of resources embodying economic benefits will be required to settle the obligation; or










(ii)


the amount of the obligation cannot be measured with sufficient reliability.








The amount of contingent liabilities recognised in the balance sheet should follow the criteria set in Article 11 of Delegated Regulation (EU) 2015/35.




C0010/R0750


Provisions other than technical provisions


Liabilities of uncertain timing or amount, excluding the ones disclosed under ‘Pension benefit obligation’.
The provisions are recognised as liabilities (assuming that a reliable estimate can be made) when they represent obligations and it is probable that an outflow of resources embodying economic benefits will be required to settle the obligations.




C0010/R0760


Pension benefit obligations


This is the total net obligations related to employees’ pension scheme.




C0010/R0770


Deposits from reinsurers


Amounts (e.g. cash) received from reinsurer or deducted by the reinsurer in accordance with the reinsurance contract.




C0010/R0780


Deferred tax liabilities


Deferred tax liabilities are the amounts of income taxes payable in future periods in respect of taxable temporary differences.




C0010/R0790


Derivatives


A financial instrument or other contract with all three of the following characteristics:






(a)


its value changes in response to the change in a specified interest rate, financial instrument price, commodity price, foreign exchange rate, index of prices or rates, credit rating or credit index, or other variable, provided in the case of a non–financial variable that the variable is not specific to a party to the contract (sometimes called the ‘underlying’).










(b)


it requires no initial net investment or an initial net investment that is smaller than would be required for other types of contracts that would be expected to have a similar response to changes in market factors.










(c)


it is settled at a future date.




Only derivative liabilities shall be disclosed on this row (i.e. derivatives with negative values as of the reporting date). Derivatives assets shall be disclosed under C0010/R0190.
Undertakings which do not value derivatives in their local GAAP do not need to provide a financial statements value.




C0010/R0800


Debts owed to credit institutions


Debts, including mortgage and loans, owed to credit institutions, excluding bonds held by credit institutions (it is not possible for the undertaking to identify all the holders of the bonds that it issues) and subordinated liabilities. This also includes bank overdrafts.




C0010/R0810


Financial liabilities other than debts owed to credit institutions


Financial liabilities including bonds issued by undertaking (held by credit institutions or not), structured notes issued by the undertaking itself and mortgage and loans due to other entities than credit institutions.
Subordinated liabilities shall not be included here.




C0010/R0820


Insurance and intermediaries payables


Amounts payable to policyholders, insurers and other business linked to insurance that are not included in technical provisions.
Includes amounts payable to (re)insurance intermediaries (e.g. commissions due to intermediaries but not yet paid by the undertaking).
Excludes loans and mortgages due to other insurance companies, if those loans and mortgages only relate to financing and are not linked to insurance business (such loans and mortgages shall be disclosed as financial liabilities).
It shall include payables from reinsurance accepted.




C0010/R0830


Reinsurance payables


Amounts payable to reinsurers (in particular current accounts) other than deposits linked to reinsurance business that are not included in reinsurance recoverables, including payables from the undertaking to reinsurers in relation to other than insurance events.
Includes payables to reinsurers that relate to ceded premiums.
This cell includes all expected payments (due and past-due) from the undertaking to reinsurers that are not included in reinsurance recoverables. These should not be included in the item "any other liabilities not elsewhere shown".
This cell in particular shall take into account all expected payments from the undertaking to reinsurers corresponding to payments made by the policyholders to the undertaking.
It also includes all expected payments (due and past-due) to reinsurers in relation to other than insurance events or those that have been agreed between cedent and reinsurer and where the amount of the expected payment is certain.




C0010/R0840


Payables (trade, not insurance)


This is the total amount trade payables, including amounts due to employees, suppliers, etc. and not insurance–related, parallel to receivables (trade, not insurance) on asset side; includes public entities.




C0010/R0850


Subordinated liabilities


Subordinated liabilities are debts which rank after other specified debts when undertaking is liquidated. This is the total of subordinated liabilities classified as Basic Own Funds and those that are not included in Basic Own Funds.




C0010/R0860


Subordinated liabilities not in Basic Own Funds


Subordinated liabilities are debts which rank after other specified debts when undertaking is liquidated. Other debts may be even more deeply subordinated. Only subordinated liabilities that are not classified in Basic Own Funds should be presented here.




C0010/R0870


Subordinated liabilities in Basic Own Funds


Subordinated liabilities classified in Basic Own Funds.




C0010/R0880


Any other liabilities, not elsewhere shown


This is the total of any other liabilities, not elsewhere already included in other Balance Sheet items.




C0010/R0900


Total liabilities


This is the overall total amount of all liabilities.




C0010/R1000


Excess of assets over liabilities


This is the total of undertaking’s excess of assets over liabilities, valued in accordance with Solvency II valuation basis. Value of the assets minus liabilities.






S.04.05 – Premiums, claims and expenses by country



General comments

This section relates to the annual disclosure of information for individual entities. Insurance and reinsurance undertakings are not required to disclose this information where the home country represents 90 % or more of the total gross written premiums.
The information in these templates shall include:






—


all insurance business regardless of the possible different classification between investment contracts and insurance contracts applicable in the financial statements; and










—


direct business and accepted reinsurance business.




This template shall be disclosed from an accounting perspective (i.e. local GAAP, or IFRS if accepted as local GAAP). It shall however be filled using the lines of business specified in Annex I to Delegated Regulation (EU) 2015/35. Undertakings shall use the recognition and valuation basis as for the published financial statements (i.e. no new recognition or re–valuation is required) except for the classification between investment contracts and insurance contracts where that classification is applicable in the financial statements.
Insurance and reinsurance undertakings shall report written/earned premiums as defined in Article 1(11) and (12) of Delegated Regulation (EU) 2015/35 regardless whether local GAAP or IFRS is used.
For the purposes of this template and in the case of direct insurance, the ‘country in which the risk is situated’ means:






(a)


the country in which the property is situated, where the insurance relates either to buildings or to buildings and their contents, in so far as the contents are covered by the same insurance policy;










(b)


the country of registration, where the insurance relates to vehicles of any type;










(c)


the country where the policy holder took out the policy in the case of policies of a duration of four months or less covering travel or holiday risks, whatever the class concerned;










(d)


the country in which the credit/receivable is situated, where the insurance relates to credit/receivables;










(e)


in all cases not explicitly covered by points (a), (b), (c) or (d), the country in which either of the following is situated:






(i)


the habitual residence of the policy holder; or










(ii)


if the policy holder is a legal person, that policy holder’s establishment to which the contract relates.








For the purposes of this template and in the case of proportional or non-proportional reinsurance, the ‘country in which the risk is situated’ means the country of localisation of the ceding undertaking.
When considering non-life obligations:






(a)


information shall be reported for the home country and for the top five non-home countries (by amount of gross written premium), or for sufficient countries (if fewer) to represent 90 % or more of total gross written premium; and










(b)


all of the following lines of business shall be included:






(i)


Medical expense insurance (direct and proportional reinsurance)










(ii)


Income protection insurance (direct and proportional reinsurance)










(iii)


Workers’ compensation insurance (direct and proportional reinsurance)










(iv)


Motor vehicle liability insurance (direct and proportional reinsurance)










(v)


Other motor insurance (direct and proportional reinsurance)










(vi)


Marine, aviation and transport insurance (direct and proportional reinsurance)










(vii)


Fire and other damage to property insurance (direct and proportional reinsurance)










(viii)


General liability insurance (direct and proportional reinsurance)










(ix)


Credit and suretyship insurance (direct and proportional reinsurance)










(x)


Legal expenses insurance (direct and proportional reinsurance)










(xi)


Assistance (direct and proportional reinsurance)










(xii)


Miscellaneous financial loss (direct and proportional reinsurance)










(xiii)


Non–proportional health reinsurance










(xiv)


Non–proportional casualty reinsurance










(xv)


Non–proportional marine, aviation and transport reinsurance










(xvi)


Non–proportional property reinsurance








When considering life obligations:






(a)


information shall be reported for the home country and for the top five non-home countries (by amount of gross written premium), or for sufficient countries (if fewer) to represent 90 % or more of total gross written premium; and










(b)


all of the following lines of business shall be included:






(i)


Health insurance










(ii)


Insurance with profit participation










(iii)


Index–linked and unit–linked insurance










(iv)


Other life insurance










(v)


Annuities stemming from non–life insurance contracts and relating to health insurance obligations










(vi)


Annuities stemming from non–life insurance contracts and relating to insurance obligations other than health insurance obligations










(vii)


Health reinsurance










(viii)


Life reinsurance















 


ITEM


INSTRUCTIONS





Home country: Non-life insurance and reinsurance obligations





C0010/R0020


Business located in country of establishment:
Gross Written Premium (direct)


Gross premiums written shall comprise all amounts due during the financial year in respect of insurance contracts, regardless of the fact that such amounts may relate in whole or in part to a later financial year.
Amount of taxes or charges levied with premiums shall be excluded from the written premiums. Only for the business where the risk is located in the country of establishment and for direct non-life insurance business.




C0010/R0021


Business located in country of establishment:
Gross Written Premium (proportional reinsurance)


Gross premiums written shall comprise all amounts due during the financial year in respect of insurance contracts, regardless of the fact that such amounts may relate in whole or in part to a later financial year.
Amount of taxes or charges levied with premiums shall be excluded from the written premiums. Only for the business where the risk is located in the country of establishment and for proportional non-life reinsurance business.




C0010/R0022


Business located in country of establishment:
Gross Written Premium (non-proportional reinsurance)


Gross premiums written shall comprise all amounts due during the financial year in respect of insurance contracts, regardless of the fact that such amounts may relate in whole or in part to a later financial year.
Amount of taxes or charges levied with premiums shall be excluded from the written premiums. Only for the business where the risk is located in the country of establishment and for non-proportional non-life reinsurance business.




C0010/R0030


Business located in country of establishment:
Gross Earned Premium (direct)


The sum of gross premiums written minus the change in the gross provision for unearned premiums.
Only for the business where the risk is located in the country of establishment and for direct non-life insurance business.




C0010/R0031


Business located in country of establishment:
Gross Earned Premium (proportional reinsurance)


The sum of gross premiums written minus the change in the gross provision for unearned premiums.
Only for the business where the risk is located in the country of establishment and for proportional non-life reinsurance business.




C0010/R0032


Business located in country of establishment:
Gross Earned Premium (non-proportional reinsurance)


The sum of gross premiums written minus the change in the gross provision for unearned premiums.
Only for the business where the risk is located in the country of establishment and for non-proportional non-life reinsurance business.




C0010/R0040


Business located in country of establishment:
Claims incurred (direct)


Claims incurred in the reporting period as defined in Directive 91/674/EEC of the Council (5), where applicable: the claims incurred means the sum of the claims paid and the change in the provision for claims during the financial year related to insurance contracts.
Only for the business where the risk is located in the country of establishment and for direct non-life insurance business.
The figure for claims incurred shall exclude claims management expenses and the movement in provisions in claims management expenses.




C0010/R0041


Business located in country of establishment:
Claims incurred (proportional reinsurance)


Claims incurred in the reporting period as laid down in Article 38 of Directive 91/674/EEC, where applicable: the claims incurred means the sum of the claims paid and the change in the provision for claims during the financial year related to insurance contracts.
Only for the business where the risk is located in the country of establishment and for proportional non-life reinsurance business.
The figure for claims incurred shall exclude claims management expenses and the movement in provisions in claims management expenses.




C0010/R0042


Business located in country of establishment:
Claims incurred (non-proportional reinsurance)


Claims incurred in the reporting period as laid down in Article 38 of Directive 91/674/EEC, where applicable: the claims incurred means the sum of the claims paid and the change in the provision for claims during the financial year related to insurance contracts.
Only for the business where the risk is located in the country of establishment and for non-proportional non-life reinsurance business.
The figure for claims incurred shall exclude claims management expenses and the movement in provisions in claims management expenses.




C0010/R0050


Business located in country of establishment:
Gross Expenses Incurred (direct)


All technical expenses incurred by the undertaking during the reporting period, on accrual basis.
Only for the business where the risk is located in the country of establishment and for direct non-life insurance business.




C0010/R0051


Business located in country of establishment:
Gross Expenses Incurred (proportional reinsurance)


All technical expenses incurred by the undertaking during the reporting period, on accrual basis.
Only for the business where the risk is located in the country of establishment and for proportional non-life reinsurance business.




C0010/R0052


Business located in country of establishment:
Gross Expenses Incurred (non-proportional reinsurance)


All technical expenses incurred by the undertaking during the reporting period, on accrual basis.
Only for the business where the risk is located in the country of establishment and for non-proportional non-life reinsurance business.





Top 5 countries (by amount of gross premiums written): Non-life insurance and reinsurance obligations





R0010


Country


ISO 3166–1 alpha–2 code of the country in which the risk is situated




C0020/R0020


Business located in the considered country:
Gross Written Premium (direct)


Gross premiums written shall comprise all amounts due during the financial year in respect of insurance contracts, regardless of the fact that such amounts may relate in whole or in part to a later financial year.
Amount of taxes or charges levied with premiums shall be excluded from the written premiums.
Only for the business where the risk is located in the country considered and for direct non-life insurance business.




C0020/R0021


Business located in the considered country:
Gross Written Premium (proportional reinsurance)


Gross premiums written shall comprise all amounts due during the financial year in respect of insurance contracts, regardless of the fact that such amounts may relate in whole or in part to a later financial year.
Amount of taxes or charges levied with premiums shall be excluded from the written premiums.
Only for the business where the risk is located in the country considered and for proportional non-life reinsurance business.




C0020/R0022


Business located in the considered country:
Gross Written Premium (non-proportional reinsurance)


Gross premiums written shall comprise all amounts due during the financial year in respect of insurance contracts, regardless of the fact that such amounts may relate in whole or in part to a later financial year.
Amount of taxes or charges levied with premiums shall be excluded from the written premiums.
Only for business where the risk is located in the country considered and for non-proportional non-life reinsurance business.




C0020/R0030


Business located in the considered country:
Gross Earned Premium (direct)


The sum of gross premiums written minus the change in the gross provision for unearned premiums.
Only for the business where the risk is located in the country considered and for direct non-life insurance business.




C0020/R0031


Business located in the considered country:
Gross Earned Premium (proportional reinsurance)


The sum of gross premiums written minus the change in the gross provision for unearned premiums.
Only for the business where the risk is located in the country considered and for proportional non-life reinsurance business.




C0020/R0032


Business located in the considered country:
Gross Earned Premium (non-proportional reinsurance)


The sum of gross premiums written minus the change in the gross provision for unearned premiums.
Only for the business where the risk is located in the country considered and for non-proportional non-life reinsurance business.




C0020/R0040


Business located in the considered country:
Claims incurred (direct)


Claims incurred in the reporting period as laid down in Article 38 of Directive 91/674/EEC, where applicable: the claims incurred means the sum of the claims paid and the change in the provision for claims during the financial year related to insurance contracts.
Only for the business where the risk is located in the country considered and for direct non-life insurance business.
The figure for claims incurred shall exclude claims management expenses and the movement in provisions in claims management expenses.




C0020/R0041


Business located in the considered country:
Claims incurred (proportional reinsurance)


Claims incurred in the reporting period as laid down in Article 38 of Directive 91/674/EEC, where applicable: the claims incurred means the sum of the claims paid and the change in the provision for claims during the financial year related to insurance contracts.
Only for the business where the risk is located in the country considered and for proportional non-life reinsurance business.
The figure for claims incurred shall exclude claims management expenses and the movement in provisions in claims management expenses.




C0020/R0042


Business located in the considered country:
Claims incurred (non-proportional reinsurance)


Claims incurred in the reporting period as laid down in Article 38 of Directive 91/674/EEC, where applicable: the claims incurred means the sum of the claims paid and the change in the provision for claims during the financial year related to insurance contracts.
Only for the business where the risk is located in the country considered and for non-proportional non-life reinsurance business.
The figure for claims incurred shall exclude claims management expenses and the movement in provisions in claims management expenses.




C0020/R0050


Business located in the considered country:
Gross Expenses Incurred (direct)


All technical expenses incurred by the undertaking during the reporting period, on accrual basis.
Only for the business where the risk is located in the country considered and for direct non-life insurance business.




C0020/R0051


Business located in the considered country:
Gross Expenses Incurred (proportional reinsurance)


All technical expenses incurred by the undertaking during the reporting period, on accrual basis.
Only for the business where the risk is located in the country considered and for proportional non-life reinsurance business.




C0020/R0052


Business located in the considered country:
Gross Expenses Incurred (non-proportional reinsurance)


All technical expenses incurred by the undertaking during the reporting period, on accrual basis.
Only for the business where the risk is located in the country considered and for non-proportional non-life reinsurance business.





Home country: Life insurance and reinsurance obligations





C0030/R1020


Business located in country of establishment:
Gross Written Premium


Gross premiums written shall comprise all amounts due during the financial year in respect of insurance contracts, regardless of whether such amounts relate in whole or in part to a later financial year.
Amount of taxes or charges levied with premiums shall be excluded from the written premiums.
Only for the business where the risk is located in the country of establishment and for life insurance business (direct and reinsurance).




C0030/R1030


Business located in country of establishment:
Gross Earned Premium


The sum of gross premiums written minus the change in the gross provision for unearned premiums.
Only for the business where the risk is located in the country of establishment and for life insurance business (direct and reinsurance).




C0030/R1040


Business located in country of establishment:
Claims incurred


Claims incurred in the reporting period as laid down in Article 38 of Directive 91/674/EEC, where applicable: the claims incurred means the sum of the claims paid and the change in the provision for claims during the financial year related to insurance contracts.
Only for the business where the risk is located in the country of establishment and for life insurance business (direct and reinsurance).
The figure for claims incurred shall exclude claims management expenses and the movement in provisions in claims management expenses.




C0030/R1050


Business located in country of establishment:
Gross Expenses Incurred


All technical expenses incurred by the undertaking during the reporting period, on accrual basis.
Only for the business where the risk is located in the country of establishment and for life insurance business (direct and reinsurance).





Top 5 countries (by amount of gross premiums written): Life insurance and reinsurance obligations





R1010


Country


ISO 3166–1 alpha–2 code of the country in which the risk is situated




C0040/R1020


Business located in the considered country:
Gross Written Premium


Gross premiums written shall comprise all amounts due during the financial year in respect of insurance contracts, regardless of the fact that such amounts may relate in whole or in part to a later financial year.
Amount of taxes or charges levied with premiums shall be excluded from the written premiums.
Only for the business where the risk is located in the country considered and for life insurance business (direct and reinsurance).




C0040/R1030


Business located in the considered country:
Gross Earned Premium


The sum of gross premiums written minus the change in the gross provision for unearned premiums.
Only for the business where the risk is located in the country considered and for life insurance business (direct and reinsurance).




C0040/R1040


Business located in the considered country:
Claims incurred


Claims incurred in the reporting period as defined in Directive 91/674/EEC, where applicable: the claims incurred means the sum of the claims paid and the change in the provision for claims during the financial year related to insurance contracts.
Only for the business where the risk is located in the country considered and for life insurance business (direct and reinsurance).
The figure for claims incurred shall exclude claims management expenses and the movement in provisions in claims management expenses.




C0040/R1050


Business located in the considered country:
Gross Expenses Incurred


All technical expenses incurred by the undertaking during the reporting period, on accrual basis.
Only for the business where the risk is located in the country considered and for life insurance business (direct and reinsurance).






S.05.01 – Premiums, claims and expenses by line of business



General comments:

This section relates to the annual disclosure of information for individual entities.
This template shall be reported from an accounting perspective, i.e.: Local GAAP or IFRS if accepted as local GAAP but using SII lines of business. Undertakings shall use the recognition and valuation basis as for the published financial statements, no new recognition or re-valuation is required unless otherwise stated in these instructions, except for the classification between investment contracts and insurance contracts or different reporting requirements when this is applicable in the financial statements. This template shall include all insurance business regardless of the possible different classification between investment contracts and insurance contracts applicable in the financial statements.
Insurance and reinsurance undertakings shall disclose written/earned premiums as defined in Article 1(11) and (12) of Delegated Regulation (EU) 2015/35 regardless whether a local GAAP or IFRS is used.







 


ITEM


INSTRUCTIONS





Non–life insurance and reinsurance obligations





C0010 to C0120/R0110


Premiums written – Gross – Direct Business


Gross premiums written shall comprise all amounts due during the financial year in respect of insurance contracts, arising from direct business, regardless of the fact that such amounts may relate in whole or in part to a later financial year. Amount of taxes or charges levied with premiums shall be excluded from the written premiums.




C0010 to C0120/R0120


Premiums written – Gross – Proportional reinsurance accepted


Gross premiums written shall comprise all amounts due during the financial year in respect of insurance contracts, arising from proportional reinsurance accepted business, regardless of the fact that such amounts may relate in whole or in part to a later financial year. Amount of taxes or charges levied with premiums shall be excluded from the written premiums.




C0130 to C0160/R0130


Premiums written – Gross – Non proportional reinsurance accepted


Gross premiums written shall comprise all amounts due during the financial year in respect of insurance contracts, arising from non–proportional reinsurance accepted business, regardless of the fact that such amounts may relate in whole or in part to a later financial year. Amount of taxes or charges levied with premiums shall be excluded from the written premiums.




C0010 to C0160/R0140


Premiums written – Reinsurers’ share


Gross premiums written shall comprise all amounts ceded to reinsurers during the financial year in respect of insurance contracts regardless of the fact that such amounts may relate in whole or in part to a later financial year. Amount of taxes or charges levied with premiums shall be excluded from the written premiums.




C0010 to C0160/R0200


Premiums written – net


The net premiums written represent the sum of the direct business and the accepted reinsurance business reduced by the amount ceded to reinsurance undertakings.




C0010 to C0120/R0210


Premiums earned – Gross – Direct business


The sum of gross premiums written minus the change in the gross provision for unearned premiums related to direct insurance business.




C0010 to C0120/R0220


Premiums earned – Gross – Proportional reinsurance accepted


The sum of gross premiums written minus the change in the gross provision for unearned premiums related to proportional reinsurance accepted business.




C0130 to C0160/R0230


Premiums earned – Gross – Non proportional reinsurance accepted


The sum of gross premiums written minus the change in the gross provision for unearned premiums related to non–proportional reinsurance accepted business.




C0010 to C0160/R0240


Premiums earned – reinsurers’ share


The sum of reinsurer’s share in gross premiums written minus the change in the reinsurer’s share in provision for unearned premiums.




C0010 to C0160/R0300


Premiums earned – Net


The sum of gross premiums written minus the change in the gross provision for unearned premiums related to the sum of the direct business and the accepted reinsurance business reduced by the amount ceded to reinsurance undertakings.




C0010 to C0120/R0310


Claims incurred Gross – Direct business


Claims incurred in the reporting period as referred to in Directive 91/674/EEC, where applicable: the claims incurred means the sum of the claims paid and the change in the provision for claims during the financial year (in accordance with the local GAAP or IFRS used) related to insurance contracts arising from direct business.
This shall exclude claims management expenses and the movement in provisions in claims management expenses.




C0010 to C0120/R0320


Claims incurred Gross – Proportional reinsurance accepted


Claims incurred in the reporting period as referred to in Directive 91/674/EEC, where applicable: the claims incurred means the sum of the claims paid and the change in the provision for claims during the financial year (in accordance with the local GAAP or IFRS used) related to insurance contracts arising from the gross proportional reinsurance accepted.
This shall exclude claims management expenses and the movement in provisions in claims management expenses.




C0130 to C0160/R0330


Claims incurred – Gross – Non proportional reinsurance accepted


Claims incurred in the reporting period as referred to in Directive 91/674/EEC, where applicable: the claims incurred means the sum of the claims paid and the change in the provision for claims during the financial year (in accordance with the local GAAP or IFRS used) related to insurance contracts arising from the gross non proportional reinsurance accepted.
This shall exclude claims management expenses and the movement in provisions in claims management expenses.




C0010 to C0160/R0340


Claims incurred – Reinsurers’ share


Claims incurred in the reporting period as referred to in Directive 91/674/EEC, where applicable: it is the reinsurer’s share in the sum of the claims paid and the change in the provision for claims during the financial year (in accordance with the local GAAP or IFRS used).
This shall exclude claims management expenses and the movement in provisions in claims management expenses.




C0010 to C0160/R0400


Claims incurred – Net


Claims incurred in the reporting period as referred to in Directive 91/674/EEC, where applicable: the claims incurred means the sum of the claims paid and the change in the provision for claims during the financial year (in accordance with the local GAAP or IFRS used) related to the sum of the direct business and the accepted reinsurance business reduced by the amount ceded to reinsurance undertakings.
This shall exclude claims management expenses and the movement in provisions in claims management expenses.




C0010 to C0160/R0550


Expenses incurred


All technical expenses incurred by the undertaking during the reporting period, on accrual basis.




C0200/R0110–R0550


Total


Total for different items for all Lines of Business.




C0200/R1200


Balance – other technical expenses/income


Net technical expenses/income not covered by above mentioned expenses/income and reduced by the amount ceded to reinsurance undertakings. Other technical expenses/income are not split by lines of business.
Shall not include change in other technical provisions and non–technical expenses/income such as tax, interest expenses, losses on disposals, etc.
The amount of net technical expenses/income shall be reported negative if the amount of technical income is larger than the amount of technical expenses.




C0200/R1300


Total expenses


Amount of all technical expenses





Life insurance and reinsurance obligations





C0210 to C0280/R1410


Premiums written – Gross


Gross premiums written shall comprise all amounts due during the financial year in respect of insurance contracts, arising from gross business, regardless of the fact that such amounts may relate in whole or in part to a later financial year. Amount of taxes or charges levied with premiums shall be excluded from the written premiums.
It includes both direct and reinsurance business.




C0210 to C0280/R1420


Premiums written – Reinsurers’ share


Gross premiums written shall comprise all amounts ceded to reinsurers due during the financial year in respect of insurance contracts regardless of the fact that such amounts may relate in whole or in part to a later financial year. Amount of taxes or charges levied with premiums shall be excluded from the written premiums.




C0210 to C0280/R1500


Premiums written – net


The net premiums written represent the sum of the direct business and the accepted reinsurance business reduced by the amount ceded to reinsurance undertakings.




C0210 to C0280/R1510


Premiums earned – Gross


The sum of gross premiums written minus the change in the gross provision for unearned premiums related to direct insurance and reinsurance accepted business.




C0210 to C0280/R1520


Premiums earned – reinsurers’ share


The reinsurer’s share in gross premiums written minus the change in the reinsurer’s share in provision for unearned premiums.




C0210 to C0280/R1600


Premiums earned – Net


The sum of gross premiums written minus the change in the gross provision for unearned premiums related to the sum of the direct business and the accepted reinsurance business reduced by the amount ceded to reinsurance undertakings.




C0210 to C0280/R1610


Claims incurred – Gross


Claims incurred in the reporting period as referred to in Directive 91/674/EEC: the claims incurred means the sum of the claims paid and the change in the provision for claims during the financial year (in accordance with the local GAAP or IFRS used), related to insurance contracts arising from the direct and reinsurance business.
This shall exclude claims management expenses and the movement in provisions in claims management expenses.




C0210 to C0280/R1620


Claims incurred – Reinsurers’ share


Claims incurred in the reporting period as referred to in Directive 91/674/EEC: it is the reinsurer’s share in the sum of the claims paid and the change in the provision for claims during the financial year (in accordance with the local GAAP or IFRS used).
This shall exclude claims management expenses and the movement in provisions in claims management expenses.




C0210 to C0280/R1700


Claims incurred – Net


Claims incurred in the reporting period as referred to in Directive 91/674/EEC: the claims incurred means the sum of the claims paid and the change in the provision for claims during the financial year, related to the sum of the direct business and the accepted reinsurance business reduced by the amount ceded to reinsurance undertakings.
This shall exclude claims management expenses and the movement in provisions in claims management expenses.




C0210 to C0280/R1900


Expenses incurred


All technical expenses incurred by the undertaking during the reporting period, on accrual basis.




C0300/R1410–R1900


Total


Total for different items for all life lines of business.




C0300/R2500


Balance – other technical expenses/income


Net technical expenses/income not covered by above mentioned expenses/income and and reduced by the amount ceded to reinsurance undertakings. Other technical expenses/income are not split by lines of business.
Should not include change in other technical provisions and non–technical expenses/income such as tax, interest expenses, losses on disposals, etc.
The amount of net technical expenses/income shall be reported negative if the amount of technical income is larger than the amount of technical expenses.




C0300/R2600


Total expenses


Amount of all technical expenses.




C0210 to C0280/R2700


Total amount of surrenders


This amount represents the total amount of surrenders occurred during the year.
This amount is also disclosed under claims incurred (item R1610).






S.12.01 – Life and Health SLT Technical Provisions



General comments:

This section relates to the annual disclosure of information for individual entities.
Undertakings may in the calculation of the technical provisions apply appropriate approximations as referred to in Article 21 of Delegated Regulation (EU) 2015/35. In addition, Article 59 of Delegated Regulation (EU) 2015/35 may be applied to calculate the risk margin during the financial year.
Line of Business for life obligations: The lines of business, referred to in Article 80 of Directive 2009/138/EC, as specified in Annex I to Delegated Regulation (EU) 2015/35. The segmentation shall reflect the nature of the risks underlying the contract (substance), rather than the legal form of the contract (form). By default, where an insurance or reinsurance contract covers risks across the lines of business, undertakings shall, where possible, unbundle the obligations into the appropriate lines of business (Article 55 of Delegated Regulation (EU) 2015/35).
Lines of business ‘Index–linked and unit–linked insurance’, ‘Other life insurance’ and ‘Health insurance’ are split between ‘Contracts without options and guarantees’ and ‘Contracts with options or guarantees’. For this split the following shall be considered:






(a)


‘Contracts without options and guarantees’ includes the amounts related to contracts without any financial guarantees or contractual options, meaning that the technical provision calculation does not reflect the amount of any financial guarantees or contractual options.










(b)


Contracts with non–material contractual options or financial guarantees that are not reflected in the technical provisions calculation shall also be disclosed in this column;










(c)


‘Contracts with options or guarantees’ includes contracts that have either financial guarantees, contractual options, or both as far as the technical provision calculation reflect the existence of those financial guarantees or contractual options.




The information disclosed shall be gross of reinsurance as information on Recoverables from reinsurance/SPV and Finite reinsurance is requested in specific rows.
The information to be disclosed between R0010 and R0100 shall be after the volatility adjustment, the matching adjustment and the transitional adjustment to the relevant risk-free interest rate term structure if applied but shall not include the transitional deduction to technical provisions. The amount of transitional deduction to technical provisions is requested separately between rows R0110 and R0130.







 


ITEM


INSTRUCTIONS





Technical provisions calculated as a whole





C0020, C0030, C0060, C0090, C0100, C0160, C0190, C0200/R0010


Technical provisions calculated as a whole


Amount of Technical provisions calculated as a whole per each line of business, as specified in Annex I to Delegated Regulation (EU) 2015/35.




C0150/R0010


Technical provisions calculated as a whole – Total (Life other than health insurance, incl. Unit–Linked)


Total amount of technical provisions calculated as a whole for Life other than health insurance, including Unit–Linked.




C0210/R0010


Technical provisions calculated as a whole – Total (Health similar to life insurance)


Total amount of technical provisions calculated as a whole for health SLT.




C0020, C0030, C0060, C0090, C0100 to C0140, C0160, C0190, C0200/R0020


Total Recoverables from reinsurance/SPV and Finite Re after the adjustment for expected losses due to counterparty default associated to TP calculated as a whole


Amount of recoverables from reinsurance/SPV and Finite Re after the adjustment for expected losses due to counterparty default of technical provisions calculated as a whole per each line of business, as specified in Annex I to Delegated Regulation (EU) 2015/35.




C0150/R0020


Total Recoverables from reinsurance/SPV and Finite Re after the adjustment for expected losses due to counterparty default associated to TP calculated as a whole – Total (Life other than health insurance, incl. Unit–Linked)


Total amount of recoverables from reinsurance/SPV and finite reinsurance (‘Finite Re’) after the adjustment for expected losses due to counterparty default of technical provisions calculated as a whole for Life other than health insurance, including Unit–Linked.




C0210/R0020


Total Recoverables from reinsurance/SPV and Finite Re after the adjustment for expected losses due to counterparty default associated to TP calculated as a whole – Total (Health similar to life insurance)


Total amount of recoverables from reinsurance/SPV and Finite Re after the adjustment for expected losses due to counterparty default of technical provisions calculated as a whole for Health similar to life insurance.





Technical provisions calculated as a sum of best estimate and risk margin





C0020, C0040, C0050, C0070, C0080, C0090, C0100 to C0140, C0170, C0180, C0190, C0200/R0030


Technical provisions calculated as a sum of BE and RM, Gross Best Estimate


Amount of Gross Best estimate (no deduction of reinsurance, SPVs and Finite Re in accordance with Article 77(2) of Directive 2009/138/EC) per each line of business, as specified in Annex I to Delegated Regulation (EU) 2015/35.




C0150/R0030


Technical provisions calculated as a sum of BE and RM, Gross Best Estimate – Total (Life other than health insurance, incl. Unit–Linked)


Total amount of Gross Best estimate (no deduction of reinsurance, SPVs and Finite Re in accordance with Article 77(2) of Directive 2009/138/EC), for Life other than health insurance, including Unit–Linked.




C0210/R0030


Technical provisions calculated as a sum of BE and RM, Gross Best Estimate – Total (Health similar to life insurance)


Total amount of Gross Best estimate (no deduction of reinsurance, SPVs and Finite Re in accordance with Article 77(2) of Directive 2009/138/EC), for Health similar to life insurance.




C0020, C0040, C0050, C0070, C0080, C0090, C0100 to C0140, C0170, C0180, C0190, C0200/R0040


Total Recoverables from reinsurance/SPV and Finite Re after the adjustment for expected losses due to counterparty default


Amount of Recoverables after adjustment for expected losses due to possibility of default of the reinsurer, as laid down in Article 81 of Directive 2009/138/EC, including ceded intra group reinsurance, per each line of business, as specified in Annex I to Delegated Regulation (EU) 2015/35.




C0150/R0080


Total Recoverables from reinsurance/SPV and Finite Re after the adjustment for expected losses due to counterparty default – Total (Life other than health insurance, incl. Unit–Linked)


Total amount of Recoverables after adjustment for expected losses due to possibility of default of the reinsurer, as defined in Article 81 of Directive 2009/138/EC, including ceded intra group reinsurance, for Life other than health insurance, including Unit–Linked.




C0210/R0080


Total Recoverables from reinsurance/SPV and Finite Re after the adjustment for expected losses due to counterparty default – Total (Health similar to life insurance)


Total amount of Recoverables after adjustment for expected losses due to possibility of default of the reinsurer, as defined in Article 81 of Directive 2009/138/EC, including ceded intra group reinsurance, for Health similar to life insurance.




C0020, C0040, C0050, C0070, C0080, C0090, C0100, C0170, C0180, C0190, C0200/R0090


Best Estimate minus recoverables from reinsurance/SPV and Finite Re


Amount of Best Estimate minus recoverables from reinsurance/SPV per Line of Busines




C0150/R0090


Best Estimate minus recoverables from reinsurance/SPV and Finite Re – Total (Life other than health insurance, incl. Unit–Linked)


Total amount of Best Estimate minus recoverables from reinsurance/SPV and Finite Re, for Life other than health insurance, including Unit–Linked.




C0210/R0090


Best estimate minus recoverables from reinsurance/SPV and Finite Re – Total (Health similar to life insurance)


Total amount of Best estimate minus recoverables from reinsurance/SPV and Finite Re for Health similar to life insurance.




C0020, C0030, C0060, C0090, C0100 to C0140, C0160, C0190, C0200/R0100


Risk Margin


Amount of Risk margin, as referred to in Article 77(3) of Directive 2009/138/EC, per each line of business, as specified in Annex I to Delegated Regulation (EU) 2015/35.




C0150/R0100


Risk Margin – Total (Life other than health insurance, incl. Unit–Linked)


Total amount of Risk Margin for Life other than health insurance, includingUnit–Linked.




C0210/R0100


Risk Margin – Total (Health similar to life insurance)


Total amount of Risk Margin for Health similar to life insurance.





Technical provisions – Total





C0020, C0030, C0060, C0090, C0100, C0160, C0190, C0200/R0200


Technical Provisions – Total


Total amount of Technical Provisions for each line of business, as specified in Annex I to Delegated Regulation (EU) 2015/35, including technical provisions calculated as a whole and after the transitional deduction to technical provisions.




C0150/R0200


Technical Provisions – Total (Life other than health insurance, including Unit–Linked)


Total amount of Technical Provisions for Life other than health insurance, including Unit–Linked, including technical provisions calculated as a whole and after the transitional deduction to technical provisions.




C0210/R0200


Technical Provisions – Total (Health similar to life insurance)


Total amount of Technical Provisions for Health similar to life insurance, including technical provisions calculated as a whole and after the transitional deduction to technical provisions.






S.17.01 – Non–life Technical Provisions



General comments:

This section relates to the annual disclosure of information for individual entities.
Undertakings may apply in the calculation of the technical provisions appropriate approximations as referred to in Article 21 of Delegated Regulation (EU) 2015/35. In addition, Article 59 of Delegated Regulation 2015/35 may be applied to calculate the risk margin during the financial year.
Line of Business for non–life obligations: The lines of business, referred to in Article 80 of Directive 2009/138/EC, as specified in Annex I to Delegated Regulation (EU) 2015/35 referring to direct business/accepted proportional reinsurance and accepted non–proportional reinsurance. The segmentation shall reflect the nature of the risks underlying the contract (substance), rather than the legal form of the contract (form).
Health direct insurance business other than that pursued on a similar basis to that of life insurance shall be segmented into Non–Life lines of business, as specified in Annex I to Delegated Regulation (EU) 2015/35, points 1 to 3.
Accepted proportional reinsurance shall be considered together with the direct business in the C0020 to C0130.
The information to be disclosed between R0010 and R0280 shall be after volatility adjustment, matching adjustment and transitional adjustment to the relevant risk-free interest rate term structure if applied but shall not include the transitional deduction to technical provisions. The amount of transitional deduction to technical provisions is requested separately between rows R0290 and R0310.







 


ITEM


INSTRUCTIONS





Technical provisions calculated as a whole





C0020 to C0170/R0010


Technical provisions calculated as a whole


The amount of technical provisions calculated as a whole per each line of business, as defined in Annex I to Delegated Regulation (EU) 2015/35, regarding direct and accepted business.
This amount shall be gross of any recoverable from reinsurance contract/SPV and Finite Re related to this business.




C0180/R0010


Technical provisions calculated as a whole – Total Non–Life obligation


The total amount of technical provisions calculated as a whole regarding direct and accepted business.
This amount shall be gross of any recoverable from reinsurance contract/SPV and Finite Re related to this business.




C0020 to C0170/R0050


Total Recoverables from reinsurance/SPV and Finite Re after the adjustment for expected losses due to counterparty default associated to TP calculated as a whole


The amount of recoverables from reinsurance/SPV and Finite Re after the adjustment for expected losses due to counterparty default of technical provisions calculated as a whole per each line of business, as defined in Annex I to Delegated Regulation (EU) 2015/35.




C0180/R0050


Total Recoverables from reinsurance/SPV and Finite Re after the adjustment for expected losses due to counterparty default associated to TP claculated as a whole


The total amount, for all lines of business, of recoverables from reinsurance/SPV and Finite Re after the adjustment for expected losses due to counterparty default of technical provisions calculated as a whole per each line of business, as defined in Annex I to Delegated Regulation (EU) 2015/35.





Technical provisions calculated as a sum of a best estimate and a risk margin – Best estimate





C0020 to C0170/R0060


Best Estimate of Premium provisions, Gross, total


The amount of best estimate for premium provisions, gross of the amounts recoverable from reinsurance contracts, special purpose vehicles and finite reinsurance, for each line of business regarding direct and accepted business.




C0180/R0060


Total Non–Life obligations, Best Estimate of Premium provisions, Gross, total


The total amount of best estimate for premium provisions, gross of the amounts recoverable from reinsurance contracts, special purpose vehicles and finite reinsurance regarding direct and accepted business.




C0020 to C0170/R0140


Best Estimate of Premium provisions, Total recoverable from reinsurance/SPV and Finite reinsurance after the adjustment for expected losses due to counterparty default – Direct and accepted reinsurance business


The amount of recoverable from reinsurance/SPV and Finite reinsurance after the adjustment for expected losses due to counterparty default, for each line of business regarding direct business and accepted reinsurance business.




C0180/R0140


Total Non–Life obligations, Best Estimate of Premium provisions, Recoverable from reinsurance/SPV and Finite reinsurance after the adjustment for expected losses due to counterparty default.


The total amount of Recoverable from reinsurance/SPV and Finite reinsurance after the adjustment for expected losses due to counterparty default, referred to the best estimate for premium provisions.




C0020 to C0170/R0150


Net best estimate of Premium provisions – Direct and accepted reinsurance business


The amount of net best estimate for premium provisions, for each line of business.




C0180/R0150


Total Non–Life obligations, Net best estimate of Premium provisions


The total amount of net best estimate for premium provisions.




C0020 to C0170/R0160


Best Estimate of Claims Provisions, Gross, Total


The amount of best estimate for Claims Provisions, gross of the amounts recoverable from reinsurance contracts, special purpose vehicles and finite reinsurance, for each line of business regarding direct and accepted business.




C0180/R0160


Total Non–Life obligations, Best Estimate of Claims Provisions, Gross, total


The total amount of best estimate for Claims Provisions, gross of the amounts recoverable from reinsurance contracts, special purpose vehicles and finite reinsurance.




C0020 to C0170/R0240


Best Estimate of Claims provisions, Total recoverable from reinsurance/SPV and Finite re after the adjustment for expected losses due to counterparty default – Direct and accepted reinsurance business


The amount recoverable from reinsurance/SPV and Finite re after the adjustment for expected losses due to counterparty default, for each line of business regarding direct and accepted reinsurance business




C0180/R0240


Total Non–Life obligations, Best Estimate of Claims Provisions, Recoverable from reinsurance/SPV and Finite re after the adjustment for expected losses due to counterparty default.


The total amount of Recoverable from reinsurance/SPV and Finite re after the adjustment for expected losses due to counterparty default, referred to the Best Estimate for Claims Provisions.




C0020 to C0170/R0250


Net best estimate of Claims provisions – Direct and accepted reinsurance business


The amount of net best estimate for claims provisions, for each line of business regarding direct and accepted reinsurance business.




C0180/R0250


Total Non–Life obligations, Net best estimate of Claims Provisions


The total amount of net Best Estimate for Claims Provisions.




C0020 to C0170/R0260


Total best estimate, Gross – Direct and accepted reinsurance business


The amount of Total gross best estimate, for each line of business regarding direct and accepted reinsurance business.




C0180/R0260


Total Non–Life obligations, Total Best Estimate, Gross


The total amount of Gross Best Estimate (sum of the Premium Provision and Claims Provisions).




C0020 to C0170/R0270


Total best estimate, Net – Direct and accepted reinsurance business


The amount of Total net best estimate, for each line of business regarding direct and accepted reinsurance business.




C0180/R0270


Total Non–Life obligations, Total Best Estimate, Net


The total amount of Net Best Estimate (sum of the Premium Provision and Claims Provisions).




C0020 to C0170/R0280


Technical provisions calculated as a sum of a best estimate and a risk margin – Risk margin


The amount of risk margin, as required by Directive 2009/138/EC (Article 77(3)). The risk margin is calculated to whole portfolio of (re)insurance obligations and then allocated to each single line of business, regarding direct business and accepted reinsurance business.




C0180/R0280


Total Non–Life obligations, Total risk margin


The total amount of risk margin, as required by Directive 2009/138/EC (Article 77(3)).





Technical provisions – Total





C0020 to C0170/R0320


Technical provisions, Total – Direct and accepted reinsurance business


The total amount of gross technical provisions, for each line of business regarding direct and accepted reinsurance business, including technical provisions calculated as a whole and after the transitional deduction to technical provisions.




C0180/R0320


Total Non–Life obligations, Technical Provision – total


The total amount of gross technical provisions regarding direct and accepted reinsurance business, including technical provisions calculated as a whole and after the transitional deduction to technical provisions.




C0020 to C0170/R0330


Technical provisions, Total – Recoverable from reinsurance contract/SPV and Finite reinsurance, after the adjustment for expected losses due to counterparty default – Direct and accepted reinsurance business


The total amount of recoverable from reinsurance contract/SPV and Finite reinsurance, after the adjustment for expected losses due to counterparty default, for each line of business regarding direct and accepted reinsurance business.




C0180/R0330


Total Non–Life obligations, Recoverable from reinsurance contract/SPV and Finite re, after the adjustment for expected losses due to counterparty default – Direct and accepted reinsurance business


The total amount of recoverable from reinsurance contract/SPV and Finite reinsurance, after the adjustment for expected losses due to counterparty default regarding direct and accepted reinsurance business.




C0020 to C0170/R0340


Technical provisions, Total – Technical provisions minus recoverables from reinsurance/SPV and Finite reinsurance – Direct and accepted reinsurance business


The total amount of net technical provisions, for each line of business regarding direct and accepted reinsurance business, including technical provisions calculated as a whole and after the transitional deduction to technical provisions.




C0180/R0340


Total Non–Life obligations, Technical provisions minus recoverables from reinsurance and SPV – Direct and accepted reinsurance business


The total amount of net technical provisions regarding direct and accepted reinsurance business, including technical provisions calculated as a whole and after the transitional deduction to technical provisions.






S.19.01 – Non–life insurance claims


This section relates to the annual disclosure of information for individual entities.
Claims development triangles show the insurer’s estimate of the cost of claims (claims paid and claims provisions under Solvency II valuation principle) and how this estimate develops over time.
Undertakings are required to disclose data on an accident year or underwriting year basis, in accordance with any requirements of the National Supervisory Authority. If the National Supervisory Authority has not stipulated which to use, then the undertaking may use accident or underwriting year according to how they manage each line of business, provided that they use the same year consistently, year on year.
This template shall be disclosed for the total for non–life business but split by underwriting year and accident year if different bases are used by the undertaking.
The default length of run–off triangle is 10 + 1 years but the disclosure requirement is based on the undertakings’ claims development (if length of the claims settlement cycle is shorter than 10 years, undertakings are required to disclose according to the internal shorter development).
Historical data, starting from the first time application of Solvency II, are required for claims paid (i.e. the complete set shall be disclosed,) but not for Best Estimate of Claims Provision. For the compilation of the historical data for claims paid the same approach concerning the length of triangle for the on–going disclosure will be applied (i.e. the shorter between 10 + 1 years and the undertakings’ claims settlement cycle).







 


ITEM


INSTRUCTIONS




Z0020


Accident year or Underwriting year


Disclose the standard used by the undertakings for disclosing of claims development. One of the options from the following closed list shall be used:






 


1 – Accident year










 


2 – Underwriting year








C0010 to C0110/R0100 to R0250


Gross Claims Paid (non–cumulative) –Triangle


The Gross Claims Paid, net of salvage and subrogation, excluding expenses, in a triangle showing the developments of the gross claims payment already made: for each of the accident/underwriting years from N–9 (and prior) and all previous reporting periods to – including – N (last reporting year) report the payments already made corresponding at each development year (which is the delay between the accident/underwriting date and the payment date).
The data are in absolute amount, non–cumulative and undiscounted.




C0170/R0100 to R0260


Gross Claims Paid (non-cumulative) – In current year


Total ‘Current year’ reflects the last diagonal (all data referred to last reporting year) from R0100 to R0250.
R0260 is the total of R0100 to R0250.




C0180/R0100 to R0260


Gross Claims Paid – Sum of years (cumulative)


Total ‘Sum of years’ contains the sum of all data in rows (sum of all payments referred to the accident/underwriting year), including total.




C0200 to C0300/R0100 to R0250


Gross undiscounted Best Estimate Claims Provisions – Triangle


Triangles of undiscounted best estimate of claims provisions, gross of reinsurance for each of the accident/underwriting years from N–9 (and prior) and all previous reporting periods to – including – N (last reporting year). The best estimate for claims provision relates to claims events occurred before or at the valuation date, whether the claims arising from these events have been reported or not.
The data are in absolute amount, non–cumulative and undiscounted, net of salvage and subrogation and excluding any expenses as well as any future premiums.




C0360/R0100 to R0260


Gross Best Estimate Claims Provisions – Year end (discounted data)


Total ‘Year end’ reflects the last diagonal but on a discounted basis (all data referred to last reporting year) from R0100 to R0250.
R0260 is the total of R0100 to R0250.






S.22.01 – Impact of long term guarantees measures and transitionals



General comments:

This template relates to the annual disclosure of information for individual entities.
This template is relevant when at least one long term guarantee measure or transitional is used by the undertaking.
This template shall reflect the impact on the financial positions when no transitional is used and each LTG measures or transitional is set to zero. For that purpose, a step–by–step approach should be followed taking out each transitional and LTG measure one by one and without recalculating the impact of the remaining measures after each step.
The impacts need to be disclosed positive if they increase the amount of the item being disclosed and negative if they decrease the amount of the item (e.g. if amount of SCR increases or if amount of Own Funds increases then positive values should be disclosed).







 


ITEM


INSTRUCTIONS




C0010/R0010


Amount with Long Term Guarantee measures and transitionals – Technical Provisions


Total amount of gross technical provisions including long term guarantee measures and transitional measures




C0030/R0010


Impact of transitional on technical provisions – Technical provisions


Amount of the adjustment to the gross technical provisions due to the application of the transitional on technical provisions.
It shall be the difference between the technical provisions without transitional deduction on technical provisions and the technical provisions with LTG and transitional measures.




C0050/R0010


Impact of transitional on interest rate – Technical provisions


Amount of the adjustment to the gross technical provisions due to the application of the transitional adjustment to the relevant risk-free interest rate term structure.
It shall be the difference between the technical provisions without transitional adjustment to the relevant risk-free interest rate term structure and the technical provisions without transitional on technical provisions.




C0070/R0010


Impact of volatility adjustment set to zero – Technical provisions


Amount of the adjustment to the gross technical provisions due to the application of the volatility adjustment. It shall reflect the impact of setting the volatility adjustment to zero.
It shall be the difference between the technical provisions without volatility adjustment and without other transitional measures and the technical provisions without transitional adjustment to the relevant risk free interest rate term structure.




C0090/R0010


Impact of matching adjustment set to zero – Technical Provisions


Amount of the adjustment to the gross technical provisions due to the application of the matching adjustment. It shall include the impact of setting the volatility adjustment and the matching adjustment to zero.
It shall be the difference between the technical provisions without matching adjustment and without all the other transitional measures and the technical provisions without volatility adjustment and without other transitional measures.




C0010/R0020


Amount with Long Term Guarantee measures and transitionals – Basic own funds


Total amount of basic own funds calculated considering technical provisions including the adjustments due to the long term guarantee measures and transitional measures




C0030/R0020


Impact of transitional on technical provisions – Basic own funds


Amount of the adjustment to the Basic own funds due to the application of the transitional deduction to technical provisions.
It shall be the difference between the basic own funds calculated considering technical provisions without transitional deduction to technical provisions and the basic own fundes calculated considering technical provisions with long term guarantee (‘LTG’) and transitional measures.




C0050/R0020


Impact of transitional on interest rate – Basic own funds


Amount of the adjustment to the basic own funds due to the application of the transitional adjustment to the relevant risk-free interest rate term structure.
It shall be the difference between the basic own funds calculated considering the technical provisions without transitional adjustment to the relevant risk-free interest rate term structure and the basic own funds calculated with the technical provisions without transitional on technical provisions.




C0070/R0020


Impact of volatility adjustment set to zero – Basic own funds


Amount of the adjustment to the Basic own funds due to the application of the volatility adjustment. It shall reflect the impact of setting the volatility adjustment to zero.
It shall be the difference between the basic own funds considering technical provisions without volatility adjustment and without other transitional measures and the basic own funds considering technical provisions without transitional adjustment to the relevant risk free interest rate term structure.




C0090/R0020


Impact of matching adjustment set to zero – Basic own funds


Amount of the adjustment to the basic own funds due to the application of the matching adjustment. It shall include the impact of setting the volatility adjustment and the matching adjustment to zero.
It shall be the difference between the basic own funds considering technical provisions without matching adjustment and without all the other transitional measures and the basic own funds considering technical provisions without volatility adjustment and without other transitional measures.




C0010/R0050


Amount with Long Term Guarantee measures and transitionals – Eligible own funds to meet Solvency Capital Requirement


Total amount of eligible own funds to meet SCR calculated considering technical provisions including the adjustments due to the long term guarantee measures and transitional measures.




C0030/R0050


Impact of transitional on technical provisions – Eligible own funds to meet Solvency Capital Requirement


Amount of the adjustment to the eligible own funds to meet SCR due to the application of the transitional deduction to technical provisions.
It shall be the difference between the eligible own funds to meet SCR calculated considering technical provisions without transitional deduction to technical provisions and the eligible own funds to meet the SCR calculated considering technical provisions with LTG and transitional measures.




C0050/R0050


Impact of transitional on interest rate – Eligible own funds to meet Solvency Capital Requirement


Amount of the adjustment to the eligible own funds to meet SCR due to the application of the transitional adjustment to the relevant risk-free interest rate term structure.
It shall be the difference between the eligible own funds to meet SCR calculated considering the technical provisions without transitional adjustment to the relevant risk-free interest rate term structure and the eligible own funds to meet SCR calculated considering the technical provisions without transitional on technical provisions.




C0070/R0050


Impact of volatility adjustment set to zero – Eligible own funds to meet Solvency Capital Requirement


Amount of the adjustment to the eligible own funds to meet SCR due to the application of the volatility adjustment. It shall reflect the impact of setting the volatility adjustment to zero.
It shall be the difference between the eligible own funds to meet SCR considering technical provisions without volatility adjustment and without other transitional measures and the eligible own funds to meet SCR considering technical provisions without transitional adjustment to the relevant risk free interest rate term structure.




C0090/R0050


Impact of matching adjustment set to zero – Eligible own funds to meet Solvency Capital Requirement


Amount of the adjustment to the eligible own funds to meet SCR due to the application of the matching adjustment. It shall include the impact of setting the volatility adjustment and the matching adjustment to zero.
It shall be the difference between the eligible own funds to meet SCR calculated considering technical provisions without matching adjustment and without all the other transitional measures and eligible own funds to meet SCR considering technical provisions without volatility adjustment and without other transitional measures.




C0010/R0090


Amount with Long Term Guarantee measures and transitionals – Solvency Capital Requirement


Total amount of SCR calculated considering technical provisions including the adjustments due to the long term guarantee measures and transitional measures




C0030/R0090


Impact of transitional on technical provisions – Solvency Capital Requirement


Amount of the adjustment to the SCR due to the application of the transitional deduction to technical provisions.
It shall be the difference between the SCR calculated considering technical provisions without transitional deduction to technical provisions and the SCR calculatedconsidering technical provisions with LTG and transitional measures.




C0050/R0090


Impact of transitional on interest rate – Solvency Capital Requirement


Amount of the adjustment to the SCR due to the application of the transitional adjustment to the relevant risk-free interest rate term structure.
It shall be the difference between the SCR calculated considering the technical provisions without transitional adjustment to the relevant risk-free interest rate term structure and the SCR calculated with the technical provisions without transitional on technical provisions.




C0070/R0090


Impact of volatility adjustment set to zero – Solvency Capital Requirement


Amount of the adjustment to the SCR due to the application of the volatility adjustment. It shall reflect the impact of setting the volatility adjustment to zero.
It shall be the difference between the SCR considering technical provisions without volatility adjustment and without other transitional measures and the SCR considering technical provisions without transitional adjustment to the relevant risk free interest rate term structure.




C0090/R0090


Impact of matching adjustment set to zero – Solvency Capital Requirement


Amount of the adjustment to the SCR due to the application of the matching adjustment. It shall include the impact of setting the volatility adjustment and the matching adjustment to zero.
It shall be the difference between the SCR calculated considering technical provisions without matching adjustment and without all the other transitional measures and the SCR considering technical provisions without volatility adjustment and without other transitional measures.




C0010/R0100


Amount with Long Term Guarantee measures and transitionals – Eligible own funds to meet Minimum Capital Requirement


Total amount of eligible own funds to meet MCR calculated considering technical provisions including the adjustments due to the long term guarantee measures and transitional measures.




C0030/R0100


Impact of transitional on technical provisions – Eligible own funds to meet Minimum Capital Requirement


Amount of the adjustment to the eligible own funds to meet MCR due to the application of the transitional deduction to technical provisions.
It shall be the difference between the eligible own funds to meet MCR calculated considering technical provisions without transitional deduction to technical provisions and considering technical provisions with LTG and transitional measures.




C0050/R0100


Impact of transitional on interest rate – Eligible own funds to meet Minimum Capital Requirement


Amount of the adjustment to the Eligible own funds to meet MCR due to the application of the transitional adjustment to the relevant risk-free interest rate term structure.
It shall be the difference between the eligible own funds to meet MCR calculated considering the technical provisions without transitional adjustment to the relevant risk-free interest rate term structure and the eligible own funds to meet MCR calculated with the technical provisions without transitional on technical provisions.




C0070/R0100


Impact of volatility adjustment set to zero – Eligible own funds to meet Minimum Capital Requirement


Amount of the adjustment to the Eligible own funds to meet MCR due to the application of the volatility adjustment. It shall reflect the impact of setting the volatility adjustment to zero
It shall be the difference between the eligible own funds to meet MCR considering technical provisions without volatility adjustment and without other transitional measures and the eligible own funds to meet MCR considering technical provisions without transitional adjustment to the relevant risk free interest rate term structure.




C0090/R0100


Impact of matching adjustment set to zero – Eligible own funds to meet Minimum Capital Requirement


Amount of the adjustment to the Eligible own funds to meet MCR due to the application of the matching adjustment. It shall include the impact of setting the volatility adjustment and the matching adjustment to zero.
It shall be the difference between the eligible own funds to meet MCR calculated considering technical provisions without matching adjustment and without all the other transitional measures and the eligible own funds to meet MCR considering technical provisions without volatility adjustment and without other transitional measures.




C0010/R0110


Amount with Long Term Guarantee measures and transitionals – Minimum Capital Requirement


Total amount of MCR calculated considering technical provisions including the adjustments due to the long term guarantee measures and transitional measures.




C0030/R0110


Impact of transitional on technical provisions – Minimum Capital Requirement


Amount of the adjustment to the MCR due to the application of the transitional deduction to technical provisions.
It shall be the difference between the MCR calculated considering technical provisions without transitional deduction to technical provisions and considering technical provisions with LTG and transitional measures.




C0050/R0110


Impact of transitional on interest rate – Minimum Capital Requirement


Amount of the adjustment to the MCR due to the application of the transitional adjustment to the relevant risk-free interest rate term structure.
It shall be the difference between the MCR calculated considering the technical provisions without transitional adjustment to the relevant risk-free interest rate term structure and MCR calculated with the technical provisions without transitional on technical provisions.




C0070/R0110


Impact of volatility adjustment set to zero – Minimum Capital Requirement


Amount of the adjustment to the MCR due to the application of the volatility adjustment. It shall reflect the impact of setting the volatility adjustment to zero.
It shall be the difference between the MCR considering technical provisions without volatility adjustment and without other transitional measures and the MCR considering technical provisions without transitional adjustment to the relevant risk free interest rate term structure.




C0090/R0110


Impact of matching adjustment set to zero – Minimum Capital Requirement


Amount of the adjustment to the MCR due to the application of the matching adjustment. It shall include the impact of setting the volatility adjustment and the matching adjustment to zero.
It shall be the difference between the MCR calculated considering technical provisions without matching adjustment and without all the other transitional measures and the MCR considering technical provisions without volatility adjustment and without other transitional measures.






S.23.01 – Own Funds



General comments:

This section relates to the annual disclosure of information for individual entities.







 


ITEM


INSTRUCTIONS





Basic own funds before deduction for participations in other financial sector as laid down in Article 68 of Delegated Regulation (EU) 2015/35





R0010/C0010


Ordinary share capital (gross of own shares) – total


This is the total ordinary share capital, both held directly and indirectly (before deduction of own shares). This is the total ordinary share capital of the undertaking that fully satisfies the criteria for Tier 1 or Tier 2 items. Any ordinary share capital that does not fully satisfy the criteria shall be treated as preference shares capital and classified accordingly notwithstanding their description or designation.




R0010/C0020


Ordinary share capital (gross of own shares) – tier 1 unrestricted


This is the amount of paid up ordinary share capital that meets unrestricted Tier 1 criteria.




R0010/C0040


Ordinary share capital (gross of own shares) – tier 2


This is the amount of called up ordinary share capital that meets the criteria for Tier 2.




R0030/C0010


Share premium account related to ordinary share capital – total


The total share premium account related to ordinary share capital of the undertaking that fully satisfies the criteria for Tier 1 or Tier 2 items.




R0030/C0020


Share premium account related to ordinary share capital – tier 1 unrestricted


This is the amount of the share premium account related to ordinary shares that meets the criteria for Tier 1 unrestricted because it relates to ordinary share capital treated as unrestricted Tier 1.




R0030/C0040


Share premium account related to ordinary share capital – tier 2


This is the amount of the share premium account related to ordinary shares that meets the criteria for Tier 2 because it relates to ordinary share capital treated as Tier 2.




R0040/C0010


Initial funds, members’ contributions or the equivalent basic own fund item for mutual and mutual–type undertakings – total


The initial funds, members’ contributions or the equivalent basic own fund item for mutual and mutual–type undertakings that fully satisfies the criteria for Tier 1 or Tier 2 items.




R0040/C0020


Initial funds, members’ contributions or the equivalent basic own fund item for mutual and mutual–type undertakings – tier 1 unrestricted


This is the amount of the initial funds, members’ contributions or the equivalent basic own fund item for mutual and mutual–type undertakings that meets the criteria for Tier 1 unrestricted.




R0040/C0040


Initial funds, members’ contributions or the equivalent basic own fund item for mutual and mutual–type undertakings – tier 2


This is the amount of the initial funds, members’ contributions or the equivalent basic own fund item for mutual and mutual–type undertakings that meetsTier 2 criteria.




R0050/C0010


Subordinated mutual member accounts – total


This is the total amount of subordinated mutual member accounts that fully satisfy the criteria for Tier 1 restricted, Tier 2 or Tier 3 items.




R0050/C0030


Subordinated mutual member accounts – tier 1 restricted


This is the amount of subordinated mutual member accounts that meet the criteria for Tier 1 restricted.




R0050/C0040


Subordinated mutual member accounts – tier 2


This is the amount of subordinated mutual member accounts that meet the criteria for Tier 2.




R0050/C0050


Subordinated mutual member accounts – tier 3


This is the amount of subordinated mutual member accounts that meet the criteria for Tier 3.




R0070/C0010


Surplus funds – total


This is the total amount of surplus funds that fall under Article 91(2) of Directive 2009/138/EC.




R0070/C0020


Surplus funds – tier 1 unrestricted


These are the surplus funds that fall under Article 91(2) of Directive 2009/138/EC and that meet the criteria for Tier 1, unrestricted items.




R0090/C0010


Preference shares – total


This is the total amount of preference shares issued by the undertaking that fully satisfy the criteria for Tier 1 restricted, Tier 2 or Tier 3 items.




R0090/C0030


Preference shares – tier 1 restricted


This is the amount of the preference shares issued by the undertaking that meet the criteria for Tier 1 restricted.




R0090/C0040


Preference shares – tier 2


This is the amount of the preference shares issued by the undertaking that meet the criteria for Tier 2.




R0090/C0050


Preference shares – tier 3


This is the amount of the preference shares issued by the undertaking that meet the criteria for Tier 3.




R0110/C0010


Share premium account related to preference shares – total


The total share premium account related to preference shares capital of the undertaking that fully satisfies the criteria for Tier 1 restricted, Tier 2 or Tier 3 items.




R0110/C0030


Share premium account related to preference shares – tier 1 restricted


This is the amount of the share premium account that relates to preference shares that meets the criteria for Tier 1 restricted items because it relates to preference shares treated as Tier 1 restricted items.




R0110/C0040


Share premium account related to preference shares – tier 2


This is the amount of the share premium account that relates to preference shares that meets the criteria for Tier 2 because it relates to preference shares treated as Tier 2.




R0110/C0050


Share premium account related to preference shares – tier 3


This is the amount of the share premium account that relates to preference shares that meets the criteria for Tier 3 because it relates to preference shares treated as Tier 3.




R0130/C0010


Reconciliation reserve – total


The total reconciliation reserve represents reserves (e.g. retained earnings), net of adjustments (e.g. ring–fenced funds). It results mainly from differences between accounting valuation and valuation as referred to in Article 75 of Directive 2009/138/EC.




R0130/C0020


Reconciliation reserve – tier 1 unrestricted


The reconciliation reserve represents reserves (e.g. retained earnings), net of adjustments (e.g. ring–fenced funds). It results mainly from differences between accounting valuation and valuation as referred to in Directive 2009/138/EC.




R0140/C0010


Subordinated liabilities – total


This is the total amount of subordinated liabilities issued by the undertaking.




R0140/C0030


Subordinated liabilities – tier 1 restricted


This is the amount of subordinated liabilities issued by the undertaking that meet the criteria for Tier 1 restricted items.




R0140/C0040


Subordinated liabilities – tier 2


This is the amount of subordinated liabilities issued by the undertaking that meet the criteria for Tier 2.




R0140/C0050


Subordinated liabilities – tier 3


This is the amount of subordinated liabilities issued by the undertaking that meet the criteria for Tier 3.




R0160/C0010


An amount equal to the value of net deferred tax assets – total


This is the total amount of net deferred tax assets of the undertaking.




R0160/C0050


An amount equal to the value of net deferred tax assets – tier 3


This is the amount of net deferred tax assets of the undertaking that meet the tier 3 classification criteria. Net deferred taxes should appear if there is an excess of deferred tax assets over the deferred tax liabilities. If the deferred tax liabilities are higher than the deferred tax assets, then the net deferred tax assets should be equal to 0.




R0180/C0010


Other own fund items approved by the supervisory authority as basic own funds not specified above


This is the total of basic own fund items not identified above and that received supervisory approval.




R0180/C0020


Other own fund items approved by the supervisory authority as basic own funds not specified above – tier 1 unrestricted


This is the amount of basic own fund items not identified above that meet Tier 1 unrestricted criteria and that received supervisory approval.




R0180/C0030


Other own fund items approved by the supervisory authority as basic own funds not specified above – Tier 1 restricted


This is the amount of basic own fund items not identified above which meet the criteria for Tier 1, restricted items and that received supervisory approval.




R0180/C0040


Other own fund items approved by the supervisory authority as basic own funds not specified above – tier 2


This is the amount of basic own fund items not identified above that meet the criteria for Tier 2 and that received supervisory approval.




R0180/C0050


Other own fund items approved by the supervisory authority as basic own funds not specified above – tier 3


This is the amount of basic own fund items not identified above that meet the criteria for Tier 3 and that received supervisory approval.





Own funds from the financial statements that should not be represented by the reconciliation reserve and do not meet the criteria to be classified as Solvency II own funds





R0220/C0010


Own funds from the financial statements that shall not be represented by the reconciliation reserve and do not meet the criteria to be classified as Solvency II own funds – total


This is the total amount of own funds items from financial statements that are not represented by the reconciliation reserve and do not meet the criteria to be classified as Solvency II own funds.
These own fund items are either:






(a)


items that appear in the lists of own fund items, but fail to meet the classification criteria or the transitional provisions; or










(b)


items intended to perform the role of own funds that are not on the list of own fund items and have not been approved by the supervisory authority, and do not appear on the balance sheet as liabilities.




Subordinated liabilities which do not count as basic own funds shall not be disclosed here, but on the balance sheet (template S.02.01) as subordinated liabilities that do not count as basic own funds.





Deductions



 


 




R0230/C0010


Deduction for participations in financial and credit institutions – total


This is the total deduction for participations in financial and credit institutions in accordance with Article 68 of Delegated Regulation (EU) 2015/35




R0230/C0020


Deduction for participations in financial and credit institutions – tier 1 unrestricted


This is the amount of the deduction for participations in financial and credit institutions that are deducted from tier 1 unrestricted in accordance with Article 68 of Delegated Regulation (EU) 2015/35.




R0230/C0030


Deduction for participations in financial and credit institutions – tier 1 restricted


This is the amount of the deduction for participations in financial and credit institutions that are deducted from tier 1 restricted in accordance with Article 68 of Delegated Regulation (EU) 2015/35.




R0230/C0040


Deduction for participations in financial and credit institutions – tier 2


This is the amount of the deduction for participations in financial and credit institutions that are deducted from tier 2 in accordance with Article 68 of Delegated Regulation (EU) 2015/35.




R0230/C0050


Deductions for participations in financial and credit institutions – tier 3


This is the amount of the deduction for participations in financial and credit institutions that are deducted from tier 3 in accordance with Article 68 of Delegated Regulation (EU) 2015/35.





Total basic own funds after deductions





R0290/C0010


Total basic own funds after deductions


This is the total amount of basic own fund items after deductions.




R0290/C0020


Total basic own funds after deductions – tier 1 unrestricted


This is the amount of basic own fund items after deductions that meet the criteria for Tier 1 unrestricted items.




R0290/C0030


Total basic own funds after deductions – tier 1 restricted


This is the amount of basic own fund items after adjustments that meet the criteria for Tier 1 restricted items.




R0290/C0040


Total basic own funds after deductions – tier 2


This is the amount of basic own fund items after adjustments that meet the criteria for Tier 2.




R0290/C0050


Total basic own funds after deductions – tier 3


This is the amount of basic own fund items after adjustments that meet the criteria for Tier 3.





Ancillary own funds



 


 




R0300/C0010


Unpaid and uncalled ordinary share capital callable on demand – total


This is the total amount of issued ordinary share capital that has not been called up or paid up but that is callable on demand.




R0300/C0040


Unpaid and uncalled ordinary share capital callable on demand – tier 2


This is the amount of issued ordinary share capital that has not been called up or paid up but that is callable on demand that meets the criteria for Tier 2.




R0310/C0010


Unpaid and uncalled initial funds, members’ contributions or the equivalent basic own fund item for mutual and mutual – type undertakings, callable on demand–total


This is the total amount of initial funds, members’ contributions or the equivalent basic own fund item for mutual and mutual–type undertakings that has not been called up or paid up but that is callable on demand.




R0310/C0040


Unpaid and uncalled initial funds, members’ contributions or the equivalent basic own fund item for mutual and mutual–type undertakings, callable on demand – tier 2


This is the amount of initial funds, members’ contributions or the equivalent basic own fund item for mutual and mutual–type undertakings that has not been called up or paid up but that is callable on demand that meets the criteria for Tier 2.




R0320/C0010


Unpaid and uncalled preference shares callable on demand – total


This is the total amount of preference shares that have not been called up or paid up but that are callable on demand.




R0320/C0040


Unpaid and uncalled preference shares callable on demand – tier 2


This is the amount of preference shares that have not been called up or paid up but that are callable on demand that meet the criteria for Tier 2.




R0320/C0050


Unpaid and uncalled preference shares callable on demand – tier 3


This is the amount of preference shares that have not been called up or paid up but that are callable on demand that meet the criteria for Tier 3




R0330/C0010


A legally binding commitment to subscribe and pay for subordinated liabilities on demand – total


This is the total amount of legally binding commitments to subscribe and pay for subordinated liabilities on demand.




R0330/C0040


A legally binding commitment to subscribe and pay for subordinated liabilities on demand – tier 2


This is the amount of legally binding commitments to subscribe and pay for subordinated liabilities on demand that meet the criteria for Tier 2.




R0330/C0050


A legally binding commitment to subscribe and pay for subordinated liabilities on demand – tier 3


This is the amount of legally binding commitments to subscribe and pay for subordinated liabilities on demand that meet the criteria for Tier 3.




R0340/C0010


Letters of credit and guarantees under Article 96 point (2) of Directive 2009/138/EC– total


This is the total amount of letters of credit and guarantees that are held in trust for the benefit of insurance creditors by an independent trustee and provided by credit institutions authorised in accordance with Directive 2006/48/EC.




R0340/C0040


Letters of credit and guarantees under Article 96 point (2) of Directive 2009/138/EC– tier 2


This is the amount of letters of credit and guarantees that are held in trust for the benefit of insurance creditors by an independent trustee and provided by credit institutions authorised in accordance with Directive 2006/48/EC that meet the criteria for Tier 2.




R0350/C0010


Letters of credit and guarantees other than under Article 96 point (2) of Directive 2009/138/EC– total


This is the total amount of letters of credit and guarantees that satisfy criteria for Tier 2 or Tier 3, other than those that are held in trust for the benefit of insurance creditors by an independent trustee and provided by credit institutions authorised in accordance with Directive 2006/48/EC.




R0350/C0040


Letters of credit and guarantees other than under Article 96 point (2) of Directive 2009/138/EC – tier 2


This is the amount of letters of credit and guarantees that meet the criteria for Tier 2, other than those which are held in trust for the benefit of insurance creditors by an independent trustee and provided by credit institutions authorised in accordance with Directive 2006/48/EC.




R0350/C0050


Letters of credit and guarantees other than under Article 96 point (2) of Directive 2009/138/EC– tier 3


This is the amount of letters of credit and guarantees that meet the criteria for Tier 3, other than those which are held in trust for the benefit of insurance creditors by an independent trustee and provided by credit institutions authorised in accordance with Directive 2006/48/EC.




R0360/C0010


Supplementary members calls under first subparagraph of Article 96 point (3) of Directive 2009/138/EC– total


This is the total amount of any future claims which mutual or mutual–type associations of ship owners with variable contributions solely insuring risks listed in classes 6, 12 and 17 in Part A of Annex I may have against their members by way of a call for supplementary contributions, within the following 12 months.




R0360/C0040


Supplementary members calls under first subparagraph of Article 96 point (3) of Directive 2009/138/EC – tier 2


This is the amount of any future claims which mutual or mutual–type associations of ship owners with variable contributions solely insuring risks listed in classes 6, 12 and 17 in Part A of Annex I may have against their members by way of a call for supplementary contributions, within the following 12 months.




R0370/C0010


Supplementary members calls – other than under first subparagraph of Article 96 point (3) of Directive 2009/138/EC


This is the total amount of any future claims which mutual or mutual–type associations with variable contributions may have against their members by way of a call for supplementary contributions, within the following 12 months, other than those described in the first subparagraph of Article 96 point (3) of Directive 2009/138/EC.




R0370/C0040


Supplementary members calls – other than under first subparagraph of Article 96 point (3) of Directive 2009/138/EC – tier 2


This is the amount of any future claims which mutual or mutual–type associations of with variable contributions may have against their members by way of a call for supplementary contributions within the following 12 months, other than those described in the first subparagraph of Article 96 point (3) of Directive 2009/138/EC that meet the criteria for Tier 2.




R0370/C0050


Supplementary members calls – other than under first subparagraph of Article 96 point (3) of Directive 2009/138/EC – tier 3


This is the amount of any future claims which mutual or mutual–type associations with variable contributions may have against their members by way of a call for supplementary contributions within the following 12 months, other than those described in the first subparagraph of Article 96 point (3) of the Framework Directive 2009/138/EC that meet the criteria for Tier 3.




R0390/C0010


Other ancillary own funds – total


This is the total amount of other ancillary own funds.




R0390/C0040


Other ancillary own funds – tier 2


This is the amount of other ancillary own funds that meet criteria for Tier 2.




R0390/C0050


Other ancillary own funds – tier 3


This is the amount of other ancillary own funds that meet criteria for Tier 3.




R0400/C0010


Total ancillary own funds


This is the total amount of ancillary own fund items.




R0400/C0040


Total ancillary own funds tier 2


This is the amount of ancillary own fund items that meet the criteria for Tier 2.




R0400/C0050


Total ancillary own funds – tier 3


This is the amount of ancillary own fund items that meet the criteria for Tier 3.





Available and eligible own funds



 


 




R0500/C0010


Total available own funds to meet the SCR


This is the sum of all basic own fund items and ancillary own fund items that meet the tier 1, tier 2 and tier 3 criteria and that are therefore available to meet the SCR.




R0500/C0020


Total available own funds to meet the SCR – tier 1 unrestricted


This the sum of all basic own fund items that meet the criteria to be included in Tier 1 unrestricted items and that are therefore available to meet the SCR.




R0500/C0030


Total available own funds to meet the SCR – tier 1 restricted


This the sum of all basic own fund items that meet the criteria to be included in Tier 1 restricted items and that are therefore available to meet the SCR.




R0500/C0040


Total available own funds to meet the SCR – tier 2


This is the sum of all basic own fund items, after adjustments, and ancillary own fund items that meet the criteria to be included in Tier 2 and that are therefore available to meet the SCR.




R0500/C0050


Total available own funds to meet the SCR – tier 3


This is the sum of all basic own fund items, after adjustments, and ancillary own fund items that meet the criteria to be included in Tier 3 and that are therefore available to meet the SCR.




R0510/C0010


Total available own funds to meet the MCR


This is the sum of all basic own fund items, after adjustments, that meet the tier 1 and tier 2 criteria and that are therefore available to meet the MCR.




R0510/C0020


Total available own funds to meet the MCR – tier 1 unrestricted


This is the sum of all basic own fund items, after adjustments, that meet the criteria to be included in Tier 1 unrestricted items and that are therefore available to meet the MCR.




R0510/C0030


Total available own funds to meet the MCR – tier 1 restricted


This is the sum of all basic own fund items, after adjustments, that meet the criteria to be included in Tier 1 restricted items and that are therefore available to meet the MCR.




R0510/C0040


Total available own funds to meet the MCR – tier 2


This is the sum of all basic own fund items, after adjustments, that meet the criteria to be included in Tier 2 and that are therefore available to meet the MCR.




R0540/C0010


Total eligible own funds to meet the SCR


This is the total amount of available own funds that are eligible to cover the solvency capital requirement (‘SCR’).




R0540/C0020


Total eligible own funds to meet the SCR – tier 1 unrestricted


This is the amount of unrestricted Tier 1 own fund items that are eligible to meet the SCR.




R0540/C0030


Total eligible own funds to meet the SCR – tier 1 restricted


This is the amount of restricted Tier 1 own fund items that are eligible to meet the SCR.




R0540/C0040


Total eligible own funds to meet the SCR – tier 2


This is the amount of Tier 2 own fund items that are eligible to meet the SCR.




R0540/C0050


Total eligible own funds to meet the SCR – tier 3


This is the amount of Tier 3 own fund items that are eligible to meet the SCR.




R0550/C0010


Total eligible own funds to meet the MCR


This is the total amount of own fund items that are eligible to meet the MCR.




R0550/C0020


Total eligible own funds to meet the MCR – tier 1 unrestricted


This is the amount of unrestricted Tier 1 own fund items that are eligible to meet the MCR.




R0550/C0030


Total eligible own funds to meet the MCR – tier 1 restricted


This is the amount of restricted Tier 1 own fund items that are eligible to meet the MCR.




R0550/C0040


Total eligible own funds to meet the MCR – tier 2


This is the amount of Tier 2 basic own fund items that are eligible to meet the MCR.




R0580/C0010


SCR


This is the total SCR of the undertaking as a whole and shall correspond to the SCR disclosed on the relevant SCR template.




R0600/C0010


MCR


This is the MCR of the undertaking and shall correspond to the total MCR disclosed in the relevant MCR template.




R0620/C0010


Ratio of eligible own funds to SCR


This is the solvency ratio calculated as the total eligible own funds to meet the SCR divided by the SCR amount.




R0640/C0060


Ratio of eligible own funds to MCR


This is the MCR ratio calculated as the total eligible own funds to meet the MCR divided by the MCR amount.





Reconciliation Reserve



 


 




R0700/C0060


Excess of assets over liabilities


This is the excess of assets over liabilities as disclosed in the Solvency 2 balance sheet.




R0710/C0060


Own shares (held directly and indirectly)


This is the amount of own shares held by the undertaking, both directly and indirectly.




R0720/C0060


Foreseeable dividends, distributions and charges


These are the dividends, distributions and charges foreseeable by the undertaking.
As soon as a dividend is foreseeable it is considered in full in the quarterly reporting. As soon as a dividend is foreseeable, the full amount of dividend shall be included in the quarterly reporting at one time, which means that it shall not be added incrementally from quarter to quarter.
A dividend is foreseeable when the payment becomes likely considering the dividend payment history of the company, the business development throughout the year, the reference date of the assessment and, where appropriate, other relevant circumstances.
The dividend shall be reported as foreseeable until it has been approved at the annual general meeting (not until it has been paid).




R0730/C0060


Other basic own fund items


These are the basic own fund items included in Article 69, points (a)(i) to (v), of Delegated Regulation (EU) 2015/35, and Articles 72(a) and 76(a) of that Regulation, as well as those basic own fund items approved by the supervisory authority in accordance with Article 79 of that Regulation.




R0740/C0060


Adjustment for restricted own fund items in respect of matching adjustment portfolios and ring fenced funds


This is the total amount of the adjustment to the reconciliation reserve due to the existence of restricted own fund items in respect of ring–fenced funds and matching portfolios.




R0760/C0060


Reconciliation reserve – total


This the reconciliation reserve of the undertaking, before deduction for participations in other financial sector as laid down in Article 68 of Delegated Regulation (EU) 2015/35.




R0770/C0060


Expected profits included in future premiums (EPIFP) – Life business


The reconciliation reserve includes an amount of the excess of assets over liabilities that corresponds to the expected profit in future premiums (EPIFP). This cell represents that amount gross of reinsurance and taxes (i.e. without considering their impact) for the life business of the undertaking.




R0780/C0060


Expected profits included in future premiums (EPIFP) – Non– life business


The reconciliation reserve includes an amount of the excess of assets over liabilities that corresponds to the expected profit in future premiums (EPIFP). This cell represents that amount gross of reinsurance and taxes (i.e. without considering their impact) for the non–life business of the undertaking.




R0790/C0060


Total Expected profits included in future premiums (EPIFP)


This is the total amount calculated as expected profits included in future premiums.






S.25.01 – Solvency Capital Requirement – for undertakings on Standard Formula



General comments:

This section relates to the annual disclosure of information for individual entities.







 


ITEM


INSTRUCTIONS




R0010–R0050/C0110


Gross solvency capital requirement


Amount of the gross capital charge for each risk module, as calculated using the standard formula.
The difference between the net and the gross SCR is the consideration of the future discretionary benefits as laid down in Article 206 of Delegated Regulation (EU) 2015/35.
This amount shall fully consider diversification effects as laid down in Article 304 of Directive 2009/138/EC, where applicable.
These cells include the allocation of the adjustment due to the aggregation of the nSCR of the RFF/MAP at entity level.




R0060/C0110


Gross solvency capital requirement – Diversification


Amount of the diversification effects between Basic SCR of gross risk modules, including diversification within each risk module, due to the application of the correlation matrix defined in Annex IV of Directive 2009/138/EC.
This amount should be disclosed as a negative value.




R0070/C0110


Gross solvency capital requirement – Intangible assets risk


The future discretionary benefits referred to in Article 205 of Delegated Regulation (EU) 2015/35 for intangible assets risk is zero under standard formula.




R0100/C0110


Gross solvency capital requirement – Basic Solvency Capital Requirement


Amount of the basic solvency capital requirements, before the consideration of future discretionary benefits in accordance with Article 205 of Delegated Regulation (EU) 2015/35, as calculated using the standard formula.
This amount shall fully consider the diversification effects referred to in Article 304 of Directive 2009/138/EC.
This cell includes the allocation of the adjustment due to the aggregation of the nSCR of the RFF/MAP at entity level.
This amount shall be calculated as a sum of the gross capital charges for each risk module within the standard formula, including adjustment for diversification effect within standard formula




R0030/C0090


USP – Life underwriting risk


Identifies which undertaking specific parameters have been used in each risk module. One of the options on the following closed list should be used:






—


Increase in the amount of annuity benefits










—


None








R0040/C0090


USP – Health underwriting risk


Identifies which undertaking specific parameters have been used in each risk module. At least one of the options on the following closed list shall be used:






—


Increase in the amount of annuity benefits










—


Standard deviation for NSLT health premium risk referred to in Title I Chapter V Section 12 of Delegated Regulation (EU) 2015/35










—


Standard deviation for NSLT health gross premium risk referred to in Title I Chapter V Section 12 of Delegated Regulation (EU) 2015/35










—


Adjustment factor for non–proportional reinsurance










—


Standard deviation for NSLT health reserve risk referred to in Title I Chapter V Section 12 of Delegated Regulation (EU) 2015/35










—


None




If more than one specific parameter is used, report them separated by comas.




R0050/C0090


USP – Non life underwriting risk


Identifies which undertaking specific parameters have been used in each risk module. At least one of the options on the following closed list should be used:






—


Standard deviation for non–life premium risk










—


Standard deviation for non–life gross premium risk










—


Adjustment factor for non–proportional reinsurance










—


Standard deviation for non–life reserve risk










—


None








R0010, R0030, R0040, R0050/C0120


Simplifications


Identifies the risk sub–modules of each risk module for which a simplified calculation method has been used.
If simplified calculation methods for more than one risk sub–module have been used within one risk module, report them separated by comas.





Calculation of Solvency Capital Requirement





R0130/C0100


Operational risk


Amount of the capital requirements for operational risk module as calculated using the standard formula.




R0140/C0100


Loss–absorbing capacity of technical provisions


Amount of the adjustment for loss–absorbing capacity of technical provisions calculated in accordance with the standard formula. This amount should be disclosed as a negative value.




R0150/C0100


Loss–absorbing capacity of deferred taxes


Amount of the adjustment for loss–absorbing capacity of deferred taxes calculated in accordance with the standard formula.
This amount should be disclosed as a negative value.




R0160/C0100


Capital requirement for business operated in accordance with Art. 4 of Directive 2003/41/EC


Amount of the capital requirement, calculated in accordance with the rules stated in Article 17 of Directive 2003/41/EC, for ring–fenced funds relating to pension business operated under Article 4 of Directive 2003/41/EC to which transitional measures are applied. This item is to be disclosed only during the transitional period.




R0200/C0100


Solvency capital requirement excluding capital add–on


Amount of the total diversified SCR before any capital add–on.




R0210/C0100


Capital add–on already set


Amount of capital add–on set by the NSA at the reporting reference date. It does not include capital add–ons set between that date and the submission of the data to the supervisory authority, nor any set after the submission of the data.
During the transitional phase, this item shall only be disclosed if the Member State decided it to be compulsory in accordance with Article 51(2) of Directive 2009/138/EC. Otherwise, the amount of the capital add–on should be split among the nSCR of the risk modules. The precise procedure should be previously agreed with the NSA.




R0211/C0100


of which, capital add–ons already set – Article 37(1) Type a


Amount of capital add–on set by the NSA by the reporting reference date. It does not include capital add–ons set between that date and the submission of the data to the supervisory authority, nor any set after the submission of the data.




R0212/C0100


of which, capital add–ons already set – Article 37(1) Type b


Amount of capital add–on set by the NSA by the reporting reference date. It does not include capital add–ons set between that date and the submission of the data to the supervisory authority, nor any set after the submission of the data.




R0213/C0100


of which, capital add–ons already set – Article 37(1) Type c


Amount of capital add–on set by the NSA by the reporting reference date. It does not include capital add–ons set between that date and the submission of the data to the supervisory authority, nor any set after the submission of the data.




R0214/C0100


of which, capital add–ons already set – Article 37(1) Type d


Amount of capital add–on that set by the NSA by the reporting reference date. It does not include capital add–ons set between that date and the submission of the data to the supervisory authority, nor any set after the submission of the data.




R0220/C0100


Solvency capital requirement


Amount of the Solvency Capital Requirement.





Other information on SCR





R0400/C0100


Capital requirement for duration–based equity risk sub–module


Amount of the capital requirement for duration–based equity risk sub–module.




R0410/C0100


Total amount of notional Solvency Capital Requirements for remaining part


Amount of the notional SCRs of remaining part when undertaking has RFF.




R0420/C0100


Total amount of Notional Solvency Capital Requirements for ring-fenced funds


Amount of the sum of notional SCRs of all ring–fenced funds when undertaking has RFF (other than those related to business operated in accordance with Article 4 of Directive 2003/41/EC (transitional)).




R0430/C0100


Total amount of Notional Solvency Capital Requirements for matching adjustment portfolios


Amount of the sum of notional SCRs of all matching adjustment portfolios.




R0440/C0100


Diversification effects due to RFF nSCR aggregation for Article 304


Amount of the adjustment for a diversification effect between ring–fenced funds (‘RFF’) under Article 304 of Directive 2009/138/EC and the remaining part.
It shall be equal to the difference between the sum of the nSCR for each RFF/matching adjustment portfolio (‘MAP’)/remaining part (‘RP’) and the total SCR.





Approach to tax rate





R0590/C0109


Approach based on average tax rate


One of the options in the following closed list shall be used:






 


1 – Yes










 


2 – No










 


3 – Not applicable as LAC DT is not used (in this case R0640 to R0690 are not applicable)




See EIOPA Guidelines on loss-absorbing capacity of technical provisions and deferred taxes (EIOPA-BoS-14/177) (6)






Calculation of adjustment for loss-absorbing capacity of deferred taxes





R0640/C0130


LAC DT


Amount of loss-absorbing capacity of deferred taxes, as defined in Article 207 of Delegated Regulation (EU) 2015/35. The LAC amount of this cell should be the same as the value in the cell R0150/C0100 in S.25.01.




R0650/C0130


LAC DT justified by reversion of deferred tax liabilities


Amount of loss-absorbing capacity of deferred taxes, calculated in accordance with Article 207 of Delegated Regulation (EU) 2015/35 justified by reversion of deferred tax liabilities




R0660/C0130


LAC DT justified by reference to probable future taxable economic profit


Amount of loss-absorbing capacity of deferred taxes, calculated in accordance with Article 207 of Delegated Regulation (EU) 2015/35 justified by reference to probable future taxable economic profit




R0670/C0130


LAC DT justified by carry back, current year


Amount of loss-absorbing capacity of deferred taxes, calculated in accordance with Article 207 of Delegated Regulation (EU) 2015/35, justified by profits from past years. Amount of the losses allocated to the next year.




R0680/C0130


LAC DT justified by carry back, future years


Amount of loss-absorbing capacity of deferred taxes, calculated in accordance with Article 207 of Delegated Regulation (EU) 2015/35, justified by profits from past years. Amount of losses allocated to the years after next year.




R0690/C0130


Maximum LAC DT


Maximal amount of LAC DT that could be available, before the assessment whether the increase in net deferred tax assets can be used for the purposes of the adjustment, as provided for in Article 207(2) of Delegated Regulation (EU) 2015/35






S.25.05 – Solvency Capital Requirement – for undertakings using an internal model (partial or full)



General comments:

This Annex contains instructions in relation to the templates included in Annex I of this Regulation. The first column of the following table identifies the items to be reported by identifying the columns and lines as shown in the template in Annex I.
This Annex relates to opening and annual submission of information for individual entities, ring fenced-funds, matching adjustment portfolios and remaining part.
This template shall be reported based on availability according to the internal model architecture and risk profile when possible with reasonable effort. The data to be reported shall be agreed between national supervisory authorities and insurance and reinsurance undertakings.
The purpose of this template is to collect data on an aggregate level and show diversification benefits between separate risk modules. All values shall be reported before any tax effects unless otherwise stated.
For undertakings using a partial internal model all rows for C0010 refer to the amount of the capital charge for each component regardless of the method of calculation (either standard formula or partial internal model), after the adjustments for loss-absorbing capacity of technical provision and/or deferred taxes when they are embedded in the component calculation.
For the components Loss absorbing capacity of technical provisions and/or deferred taxes when reported as a separate component it should be the amount of the loss-absorbing capacity (these amounts should be reported as negative values)
For components calculated using the standard formula this cell represents the gross nSCR. For components calculated using the partial internal model, this represents the value considering the future management actions which are embedded in the calculation, but not those which are modelled as a separate component.
These amounts shall fully consider the diversification effects referred to in Article 304 of Directive 2009/138/EC, where applicable.
Where applicable, these cells shall not include the allocation of the adjustment due to the aggregation of the nSCR of the RFF/MAP at entity level.
For the undertakings, reporting at the level of the whole undertaking, under a partial internal model to which the adjustment due to the aggregation of the nSCR of RFF/MAP is applicable, where the entity has MAP or RFF (except those under the scope of Article 304 of Directive 2009/138/EC) the nSCR at risk module level and the loss-absorbing capacity (LAC) of technical provisions and deferred taxes to be reported shall be calculated as follows:






—


where the undertaking applies the full adjustment due to the aggregation of the nSCR of the RFF/MAP at entity level: the nSCR shall be calculated as if no RFF and the LAC shall be calculated as the sum of the LAC across all RFF/MAP and remaining part;










—


where the undertaking applies the Simplification at risk sub-module level to aggregate the nSCR of the RFF/MAP at entity level, the nSCR and LAC shall be calculated considering a direct summation at sub-module level method;










—


where the undertaking applies the Simplification at risk module level to aggregate the nSCR of the RFF/MAP at entity level, the nSCR and LAC shall be calculated considering a direct summation at module level method.











 


ITEM


INSTRUCTIONS




C0010/R0020


Total diversification


Amount of the diversification effects between risk modules.
This amount shall be reported as a negative value.
This is part of the minimum dataset that shall be publicly disclosed.




C0010/R0030


Total diversified risk before tax


Diversified capital charges before tax.
This is part of the minimum dataset that shall be publicly disclosed.




C0010/R0040


Total diversified risk after tax


Diversified capital charges after tax.
This is part of the minimum dataset that shall be publicly disclosed.




C0010/R0070


Total market & credit risk


Same as S.26.08.01 C0010/R0070
This is part of the minimum dataset that shall be publicly disclosed.




C0010/R0080


Market & Credit risk – diversified


Same as S.26.08.01 C0010/R0080
This is part of the minimum dataset that shall be publicly disclosed.




C0010/R0190


Credit event risk not covered in market & credit risk


Same as S.26.08.01 C0010/R0190
This is part of the minimum dataset that shall be publicly disclosed.




C0010/R0200


Credit event risk not covered in market & credit risk – diversified


Same as S.26.08.01 C0010/R0200
This is part of the minimum dataset that shall be publicly disclosed.




C0010/R0270


Total Business risk


Same as S.26.08.01 C0010/R0270
This is part of the minimum dataset that shall be publicly disclosed.




C0010/R0280


Total Business risk – diversified


Same as S.26.08.01 C0010/R0280
This is part of the minimum dataset that shall be publicly disclosed.




C0010/R0310


Total Net Non-life underwriting risk


Same as S.26.08.01 C0010/R0310
This is part of the minimum dataset that shall be publicly disclosed.




C0010/R0320


Total Net Non-life underwriting risk – diversified


Same as S.26.08.01 C0010/R0320
This is part of the minimum dataset that shall be publicly disclosed.




C0010/R0400


Total Life & Health underwriting risk


Same as S.26.08.01 C0010/R0400
This is part of the minimum dataset that shall be publicly disclosed.




C0010/R0410


Total Life & Health underwriting risk – diversified


Same as S.26.08.01 C0010/R0410
This is part of the minimum dataset that shall be publicly disclosed.




C0010/R0480


Total Operational risk


Same as S.26.08.01 C0010/R0480
This is part of the minimum dataset that shall be publicly disclosed.




C0010/R0490


Total Operational risk – diversified


Same as S.26.08.01 C0010/R0490
This is part of the minimum dataset that shall be publicly disclosed.




C0010/R0500


Other risk


Same as S.26.08.01 C0010/R0500
This is part of the minimum dataset that shall be publicly disclosed.




C0070/R0020 to R0080, R0190 to R0200, R0270, R0280, R0310, R0320, R0400, R0410, R0510, R0520, R0530


Amount modelled


For each component this cell represents the amount calculated in accordance with the partial internal model.
This column is not relevant for full internal model.




C0090/R0020 to R0080, R0190 to R0200, R0270, R0280, R0310, R0320, R0400, R0410, R0510, R0520, R0530


USP


For those components calculated in accordance with the standard formula where undertaking specific parameters have been applied, one of the following options shall be used:
For life underwriting risk:






—


Increase in the amount of annuity benefits










—


None




For health underwriting risk:






—


Increase in the amount of annuity benefits










—


Standard deviation for NSLT health premium risk










—


Standard deviation for NSLT health gross premium risk










—


Adjustment factor for non–proportional reinsurance










—


Standard deviation for NSLT health reserve risk










—


None




For non–life underwriting risk:






—


Standard deviation for non–life premium risk










—


Standard deviation for non–life gross premium risk










—


Adjustment factor for non–proportional reinsurance










—


Standard deviation for non–life reserve risk










—


None




In any case, if more than one specific parameter is used, report them separated by comas.
This column is not relevant for full internal model.




C0120/R0020 to R0080, R0190 to R0200, R0270, R0280, R0310, R0320, R0400, R0410, R0510, R0520, R0530


Simplifications


For those components calculated in accordance with the standard formula where simplifications have been applied, the risk sub–modules of each risk module for which a simplified calculation method has been used should be identified.
If simplified calculation methods for more than one risk sub–module have been used within one risk module, report them separated by comas.
This column is not relevant for full internal model.




R0110/C0100


Total undiversified components


Sum of all components.




R0060/C0100


Diversification


The total amount of the diversification among components reported in C0030.
This amount does not include diversification effects inside each component, which shall be embedded in the values reported in C0030.
This amount should be reported as negative value.




R0120/C0100


Adjustment due to RFF/MAP nSCR aggregation


When applicable, adjustment to correct the bias on SCR calculation due to aggregation of RFF/MAP nSCR at risk module level.
Applicable only for partial internal models.




R0160/C0100


Capital requirement for business operated in accordance with Art. 4 of Directive 2003/41/EC


Amount of the capital requirement, calculated in accordance with the rules stated in Art. 17 of Directive 2003/41/EC, for ring-fenced funds relating to pension business operated under Art. 4 of Directive 2003/41/EC to which transitional measures are applied. This item is to be reported only during the transitional period.




R0200/C0100


Solvency capital requirement, excluding capital add-ons


Amount of the total diversified SCR before any capital add-on.




R0210/C0100


Capital add–ons already set


Amount of capital add–on that had been set at the reporting reference date. It doesnot include capital add–ons set between that date and the submission of the data to the supervisory authority.




R0211/C0100


of which, capital add-ons already set – Article 37(1) of Directive 2009/138/EC – Type (a)


Amount of type (a) capital add-on calculated in accordance with Article 37(1) of Directive 2009/138/EC and that had been set at the reporting reference date. It does not include capital add-ons set between that date and the submission of the data to the supervisory authority.




R0212/C0100


of which, capital add-ons already set – Article 37(1) of Directive 2009/138/EC – Type (b)


Amount of type (b) capital add-on that has been calculated in accordance with Article 37(1) of Directive 2009/138/EC and that had been set at the reporting reference date. It does not include capital add-ons set between that date and the submission of the data to the supervisory authority, nor any set after the submission of the data.




R0213/C0100


of which, capital add-ons already set – Article 37(1) of Directive 2009/138/EC – Type c


Amount of type (c) capital add-on calculated in accordance with Article 37(1) of Directive 2009/138/EC and that had been set at the reporting reference date. It shall not include capital add-ons set between that date and the submission of the data to the supervisory authority, nor any set after the submission of the data.




R0214/C0100


of which, capital add-ons already set – Article 37(1) of Directive 2009/138/EC – Type (d)


Amount of type (d) capital add-on that has been calculated in accordance with Article 37(1) of Directive 2009/138/EC and that had been set at the reporting reference date. It shall not include capital add-ons set between that date and the submission of the data to the supervisory authority, nor any set after the submission of the data.




R0220/C0100


Solvency Capital Requirement


Overall capital requirement including capital add-ons





Other information on SCR





R0300/C0100


Amount/estimate of the overall loss-absorbing capacity of technical provisions


Amount/Estimate of the overall adjustment for loss-absorbing capacity of technical provisions, including the part embedded in the components and the part reported as a single component. This amount shall be reported as a negative amount.




R0310/C0100


Amount/estimate of the loss absorbing capacity for deferred taxes


Amount/Estimate of the overall adjustment for deferred taxes, including the part embedded in the components and the part reported as a single component. This amount shall be reported as a negative amount.




R0400/C0100


Capital requirement for duration-based equity risk sub-module


Amount of the capital requirement for duration-based equity risk sub-module.
Applicable only for partial internal models.




R0410/C0100


Total amount of notional Solvency Capital Requirements for remaining part


Amount of the notional SCRs of remaining part when undertaking has RFF.




R0420/C0100


Total amount of Notional Solvency Capital Requirements for ring-fenced funds


Amount of the sum of notional SCRs of all ring-fenced funds when undertaking has RFF (other than those related to business operated in accordance with Article 4 of Directive 2003/41/EC (transitional)).




R0430/C0100


Total amount of Notional Solvency Capital Requirements for matching adjustment portfolios


Amount of the sum of notional SCRs of all matching adjustment portfolios
This item does not have to be reported when reporting SCR calculation at RFF or matching adjustment portfolio level.




R0440/C0100


Diversification effects due to RFF nSCR aggregation for Article 304


Amount of the adjustment for a diversification effect between ring fenced funds under Article 304 of Directive 2009/138/EC and the remaining part where applicable.
It shall be equal to the difference between the sum of the nSCR for each RFF/MAP/RP and the SCR reported in R0200/C0100.




R0450/C0100


Method used to calculate the adjustment due to RFF nSCR aggregation


Method used to calculate the adjustment due to RFF nSCR aggregation. One of the following option shall be used:






 


1 – Full recalculation










 


2 – Simplification at risk sub-module level










 


3 – Simplification at risk module level










 


4 – No adjustment




When the undertaking has no RFF (or have only RFF under Article 304 of Directive 2009/138/EC) it shall select option 4.
Applicable only for partial internal models.




R0460/C0100


Net future discretionary benefits


Amount of technical provisions without risk margin in relation to future discretionary benefits net of reinsurance.





Approach to tax rate if calculated under the standard formula





R0590/C0109


Approach based on average tax rate


One of the options in the following closed list shall be used:






 


1 – Yes










 


2 – No









Calculation of adjustment for loss-absorbing capacity of deferred taxes if calculated under the standard formula





R0640/C0130


Amount/estimate of LAC DT


Amount/estimate of loss-absorbing capacity of deferred taxes, calculated in accordance with Article 207 of Delegated Regulation (EU) 2015/35. The LAC amount of this cell shall be the same as the value in the cell R0310/C0100 in S.25.05.01.




R0650/C0130


Amount/estimate of LAC DT justified by reversion of deferred tax liabilities


Amount/estimate of loss-absorbing capacity of deferred taxes, calculated in accordance with Article 207 of Delegated Regulation (EU) 2015/35, justified by reversion of deferred tax liabilities.




R0660/C0130


Amount/estimate of LAC DT justified by reference to probable future taxable economic profit


Amount/estimate of loss-absorbing capacity of deferred taxes, calculated in accordance with Article 207 of Delegated Regulation (EU) 2015/35, justified by reference to probable future taxable economic profit.




R0670/C0130


Amount/estimate of LAC DT justified by carry back, current year


Amount/estimate of loss-absorbing capacity of deferred taxes, calculated in accordance with Article 207 of Delegated Regulation (EU) 2015/35, justified by profits from past years. Amount of the losses allocated to the next year.




R0680/C0130


Amount/estimate of LAC DT justified by carry back, future years


Amount/estimate of loss-absorbing capacity of deferred taxes, calculated in accordance with Article 207 of Delegated Regulation (EU) 2015/35, justified by profits from past years Amount of losses allocated to the years after next year.




R0690/C0130


Amount/estimate of Maximum LAC DT


Maximum amount of loss-absorbing capacity of deferred taxes that could be available, before the assessment whether the increase in net deferred tax assets can be used for the purposes of the adjustment, as provided for in Article 207(2) of Delegated Regulation (EU) 2015/35.






S.28.01 – Minimum Capital Requirement – Only life or only non–life insurance or reinsurance activity



General comments:

This section relates to the annual disclosure of information for individual entities.
In particular, S.28.01 is to be submitted by insurance and reinsurance undertakings other than insurance undertakings engaged in both life and non–life insurance activity. These undertakings shall submit S.28.02 instead.
This template shall be completed on the basis of Solvency II valuation, i.e. written premiums are defined as the premiums due to be received by the undertaking in the period (as defined in Article 1(11) of Delegated Regulation (EU) 2015/35). Amount of taxes or charges levied with premiums should be excluded from the written premiums.
All references to technical provisions address technical provisions after application of Long Term Guarantee measures and transitionals.
The calculation of MCR combines a linear formula with a floor of 25 % and a cap of 45 % of the SCR. The MCR is subject to an absolute floor depending on the nature of the undertaking (as defined in Article 129(1)(d) of Directive 2009/138/EC).







 


ITEM


INSTRUCTIONS




C0010/R0010


Linear formula component for non–life insurance and reinsurance obligations – MCRNL Result


This is the linear formula component for non–life insurance and reinsurance obligations calculated in accordance with Article 250 of Delegated Regulation (EU) 2015/35.




C0020/R0020


Medical expense insurance and proportional reinsurance – Net (of reinsurance/SPV) best estimate and TP calculated as a whole


These are the technical provisions for medical expense insurance and proportional reinsurance, without risk margin after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero.




C0030/R0020


Medical expense insurance and proportional reinsurance – net (of reinsurance) written premiums in the last 12 months


These are the premiums written for medical expense insurance and proportional reinsurance, during the (rolling) last 12 months, after deduction of premiums for reinsurance contracts, with a floor equal to zero. Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0020/R0030


Income protection insurance and proportional reinsurance – net (of reinsurance/SPV) best estimate and TP calculated as a whole


These are the technical provisions for income protection insurance and proportional reinsurance, without risk margin after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero.




C0030/R0030


Income protection insurance and proportional reinsurance – net (of reinsurance) written premiums in the last 12 months


These are the premiums written for income protection insurance and proportional reinsurance during the (rolling) last 12 months, after deduction of premiums for reinsurance contracts, with a floor equal to zero. Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0020/R0040


Workers’ compensation insurance and proportional reinsurance – net (of reinsurance/SPV) best estimate and TP calculated as a whole


These are the technical provisions for workers’ compensation insurance and proportional reinsurance, without risk margin after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero.




C0030/R0040


Workers’ compensation insurance and proportional reinsurance – net (of reinsurance) written premiums in the last 12 months


These are the premiums written for workers’ compensations insurance and proportional reinsurance during the (rolling) last 12 months, after deduction of premiums for reinsurance contracts, with a floor equal to zero. Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0020/R0050


Motor vehicle liability insurance and proportional reinsurance – net (of reinsurance/SPV) best estimate and TP calculated as a whole


These are the technical provisions for motor vehicle liability insurance and proportional reinsurance, without risk margin after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero.




C0030/R0050


Motor vehicle liability insurance and proportional reinsurance – net (of reinsurance) written premiums in the last 12 months


These are the premiums written for motor vehicle liability insurance and proportional reinsurance during the (rolling) last 12 months, after deduction of premiums for reinsurance contracts, with a floor equal to zero. Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0020/R0060


Other motor insurance and proportional reinsurance – net(of reinsurance/SPV) best estimate and TP calculated as a whole


These are the technical provisions for other motor insurance and proportional reinsurance, without risk margin after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero.




C0030/R0060


Other motor insurance and proportional reinsurance – net (of reinsurance) written premiums in the last 12 months


These are the premiums written for other motor insurance and proportional reinsurance during the (rolling) last 12 months, after deduction of premiums for reinsurance contracts, with a floor equal to zero. Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0020/R0070


Marine, aviation and transport insurance and proportional reinsurance – net (of reinsurance/SPV) best estimate and TP calculated as a whole


These are the technical provisions for marine, aviation and transport insurance and proportional reinsurance, without risk margin after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero.




C0030/R0070


Marine, aviation and transport insurance and proportional reinsurance – net (of reinsurance) written premiums in the last 12 months


These are the premiums written for marine, aviation and transport insurance and proportional reinsurance during the (rolling) last 12 months, after deduction of premiums for reinsurance contracts, with a floor equal to zero. Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0020/R0080


Fire and other damage to property insurance and proportional reinsurance – net (of reinsurance/SPV) best estimate and TP calculated as a whole


These are the technical provisions for fire and other damage to property insurance and proportional reinsurance, without risk margin after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero.




C0030/R0080


Fire and other damage to property insurance and proportional reinsurance – net (of reinsurance) written premiums in the last 12 months


These are the premiums written for fire and other damage to property insurance and proportional reinsurance during the (rolling) last 12 months, after deduction of premiums for reinsurance contracts, with a floor equal to zero. Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0020/R0090


General liability insurance and proportional reinsurance – net (of reinsurance/SPV) best estimate and TP calculated as a whole


These are the technical provisions for general liability insurance and proportional reinsurance, without risk margin after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero.




C0030/R0090


General liability insurance and proportional reinsurance – net (of reinsurance) written premiums in the last 12 months


These are the premiums written for general liability insurance and proportional reinsurance during the (rolling) last 12 months, after deduction of premiums for reinsurance contracts, with a floor equal to zero. Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0020/R0100


Credit and suretyship insurance and proportional reinsurance – net (of reinsurance/SPV) best estimate and TP calculated as a whole


These are the technical provisions for credit and suretyship insurance and proportional reinsurance, without risk margin after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero.




C0030/R0100


Credit and suretyship insurance and proportional reinsurance – net (of reinsurance) written premiums in the last 12 months


These are the premiums written for credit and suretyship insurance and proportional reinsurance during the (rolling) last 12 months, after deduction of premiums for reinsurance contracts, with a floor equal to zero. Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0020/R0110


Legal expenses insurance and proportional reinsurance – net (of reinsurance/SPV) best estimate and TP calculated as a whole


These are the technical provisions for legal expenses insurance and proportional reinsurance, without risk margin after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero.




C0030/R0110


Legal expenses insurance and proportional reinsurance – net (of reinsurance) written premiums in the last 12 months


These are the premiums written for legal expenses insurance and proportional reinsurance during the (rolling) last 12 months, after deduction of premiums for reinsurance contracts, with a floor equal to zero. Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0020/R0120


Assistance and proportional reinsurance – net (of reinsurance/SPV) best estimate and TP calculated as a whole


These are the technical provisions for assistance and proportional reinsurance, without risk margin after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero.




C0030/R0120


Assistance and proportional reinsurance – net (of reinsurance) written premiums in the last 12 months


These are the premiums written for assistance and proportional reinsurance during the (rolling) last 12 months, after deduction of premiums for reinsurance contracts, with a floor equal to zero. Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0020/R0130


Miscellaneous financial loss insurance and proportional reinsurance – net (of reinsurance/SPV) best estimate and TP calculated as a whole


These are the technical provisions for miscellaneous financial loss insurance and proportional reinsurance, without risk margin after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero.




C0030/R0130


Miscellaneous financial loss insurance and proportional reinsurance – net (of reinsurance) written premiums in the last 12 months


These are the premiums written for miscellaneous financial loss insurance and proportional reinsurance during the (rolling) last 12 months, after deduction of premiums for reinsurance contracts, with a floor equal to zero. Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0020/R0140


Non–proportional health reinsurance – net (of reinsurance/SPV) best estimate and TP calculated as a whole


These are the technical provisions for non–proportional health reinsurance, without risk margin after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero.




C0030/R0140


Non–proportional health reinsurance – net (of reinsurance) written premiums in the last 12 months


These are the premiums written for non–proportional health reinsurance during the (rolling) last 12 months, after deduction of premiums for reinsurance contracts, with a floor equal to zero. Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0020/R0150


Non–proportional casualty reinsurance – net (of reinsurance/SPV) best estimate and TP calculated as a whole


These are the technical provisions for non–proportional casualty reinsurance, without risk margin after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero.




C0030/R0150


Non–proportional casualty reinsurance – net (of reinsurance) written premiums in the last 12 months


These are the premiums written for non–proportional casualty reinsurance during the (rolling) last 12 months, after deduction of premiums for reinsurance contracts, with a floor equal to zero. Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0020/R0160


Non–proportional marine, aviation and transport reinsurance – net (of reinsurance/SPV) best estimate and TP calculated as a whole


These are the technical provisions for non–proportional marine, aviation and transport reinsurance, without risk margin after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero.




C0030/R0160


Non–proportional marine, aviation and transport reinsurance – net (of reinsurance) written premiums in the last 12 months


These are the premiums written for non–proportional marine, aviation and transport reinsurance during the (rolling) last 12 months, after deduction of premiums for reinsurance contracts, with a floor equal to zero. Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0020/R0170


Non–proportional property reinsurance – net (of reinsurance/SPV) best estimate and TP calculated as a whole


These are the technical provisions for non–proportional property reinsurance, without risk margin after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero.




C0030/R0170


Non–proportional property reinsurance – net (of reinsurance) written premiums in the last 12 months


These are the premiums written for non–proportional property reinsurance during the (rolling) last 12 months, after deduction of premiums for reinsurance contracts, with a floor equal to zero. Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0040/R0200


Linear formula component for life insurance and reinsurance obligations – MCRL Result


This is the result of the linear formula component for life insurance or reinsurance obligations calculated in accordance with Article 251 of Delegated Regulation (EU) 2015/35.




C0050/R0210


Obligations with profit participation – guaranteed benefits – Net (of reinsurance/SPV) best estimate and TP calculated as a whole


These are the technical provisions without a risk margin in relation to guaranteed benefits for life insurance obligations with profit participation, after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero and technical provisions without a risk margin for reinsurance obligations where the underlying life insurance obligations include profit participation, after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero.




C0050/R0220


Obligations with profit participation – future discretionary benefits – Net (of reinsurance/SPV) best estimate and TP calculated as a whole


These are the technical provisions without a risk margin in relation to future discretionary benefits for life insurance obligations with profit participation, after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero.




C0050/R0230


Index–linked and unit–linked insurance obligations – Net (of reinsurance/SPV) best estimate and TP calculated as a whole


These are the technical provisions without a risk margin for index–linked and unit–linked life insurance obligations and reinsurance obligations relating to such insurance obligations, after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero.




C0050/R0240


Other life (re)insurance and health (re)insurance obligations – Net (of reinsurance/SPV) best estimate and TP calculated as a whole


These are the technical provisions without a risk margin for all other life insurance obligations and reinsurance obligations relating to such insurance obligations, after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero.
Annuities related to non–life contracts should be disclosed here.




C0060/R0250


Total capital at risk for all life (re)insurance obligations – Net (of reinsurance/SPV) total capital at risk


These are the total capital at risk, being the sum in relation to all contracts that give rise to life insurance or reinsurance obligations of the capital at risk of the contracts.




C0070/R0300


Overall MCR calculation – Linear MCR


The linear Minimum Capital Requirement shall equal to the sum of the MCR linear formula component for non–life insurance and reinsurance and the MCR linear formula component for life insurance and reinsurance obligations calculated in accordance with Article 249 of Delegated Regulation (EU) 2015/35.




C0070/R0310


Overall MCR calculation – SCR


This is the latest SCR to be calculated and reported in accordance with Articles 103 to 127 of Directive 2009/138/EC, either the annual one or a more recent one in case the SCR has been recalculated (e.g. due to a change in risk profile), including capital add on. Undertakings using internal model or partial internal model to calculate the SCR should refer to the relevant SCR, except where under Article 129(3) of Directive 2009/138/EC the national supervisory authority requires a reference to the standard formula.




C0070/R0320


Overall MCR calculation – MCR cap


This is calculated as 45 % of the SCR including any capital add–on in accordance with Art 129 (3) of the Directive 2009/138/EC.




C0070/R0330


Overall MCR calculation – MCR floor


This is calculated as 25 % of the SCR including any capital add–on in accordance with Art 129 (3) of the Directive 2009/138/EC.




C0070/R0340


Overall MCR calculation – Combined MCR


This is the result of the formula component calculated in accordance with Article 248(2) of Delegated Regulation (EU) 2015/35.




C0070/R0350


Overall MCR calculation —


This is calculated as defined in Art 129(1) d of Directive 2009/138/EC.




C0070/R0400


Minimum Capital Requirement


This is the result of the formula component calculated in accordance with Article 248(1) of Delegated Regulation (EU) 2015/35.






S.28.02 – Minimum Capital Requirement – Both life and non–life insurance activity



General comments:

This section relates to the annual disclosure of information for individual entities.
In particular, S.28.02 is to be submitted by insurance undertakings engaged in both life and non–life insurance activity. Insurance and reinsurance undertakings other than insurance undertakings engaged in both life and non–life insurance activity shall submit S.28.01 instead.
This template shall be completed on the basis of Solvency II valuation, i.e. written premiums are defined as the premiums due to be received by the undertaking in the period (as defined in Article 1(11) of Delegated Regulation (EU) 2015/35). Amount of taxes or charges levied with premiums should be excluded from the written premiums.
All references to technical provisions address technical provisions after application of Long Term Guarantee measures and transitionals.
The calculation of MCR combines a linear formula with a floor of 25 % and a cap of 45 % of the SCR. The MCR is subject to an absolute floor depending on the nature of the undertaking (as defined in Article 129(1)(d) of Directive 2009/138/EC).







 


ITEM


INSTRUCTIONS




C0010/R0010


Linear Formula component for non–life insurance and reinsurance obligations – MCR(NL,NL) result – non–life activities


This is the linear formula component for non–life insurance and reinsurance obligations relating to non–life insurance or reinsurance activities calculated in accordance with Article 252(4) and (5) of Delegated Regulation (EU) 2015/35.




C0020/R0010


Linear Formula component for non–life insurance and reinsurance obligations – MCR(NL,L) result – life activities


This is the linear formula component for non–life insurance and reinsurance obligations relating to life insurance or reinsurance activities calculated in accordance with Article 252(9) and (10) of Delegated Regulation (EU) 2015/35.




C0030/R0020


Medical expense insurance and proportional reinsurance – Net (of reinsurance/SPV) best estimate and TP calculated as a whole – non–life activities


These are the technical provisions for medical expense insurance and proportional reinsurance, without risk margin after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero, relating to non–life activities.




C0040/R0020


Medical expense insurance and proportional reinsurance – Net (of reinsurance) written premiums in the last 12 months – non–life activities


These are the premiums written for medical expense insurance and proportional reinsurance during the (rolling) last 12 months, after deduction of premiums for reinsurance contracts, with a floor equal to zero, relating to non–life activities. Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0050/R0020


Medical expense insurance and proportional reinsurance – Net (of reinsurance/SPV) best estimate and TP calculated as a whole – life activities


These are the technical provisions for medical expense insurance and proportional reinsurance, without risk margin after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero, relating to life activities.




C0060/R0020


Medical expense insurance and proportional reinsurance – Net (of reinsurance) written premiums in the last 12 months – life activities


These are the premiums written for medical expense insurance and proportional reinsurance during the (rolling) last 12 months, after deduction of premiums for reinsurance contracts, with a floor equal to zero, relating to life activities. Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0030/R0030


Income protection insurance and proportional reinsurance – Net (of reinsurance/SPV) best estimate and TP calculated as a whole – non–life activities


These are the technical provisions for income protection insurance and proportional reinsurance, without risk margin after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero, relating to non–life activities.




C0040/R0030


Income protection insurance and proportional reinsurance – Net (of reinsurance) written premiums in the last 12 months – non–life activities


These are the premiums written for income protections insurance and proportional reinsurance during the (rolling) last 12 months, after deduction of premiums for reinsurance contracts, with a floor equal to zero, relating to non–life activities. Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0050/R0030


Income protection insurance and proportional reinsurance – Net (of reinsurance/SPV) best estimate and TP calculated as a whole – life activities


These are the technical provisions for income protection insurance and proportional reinsurance, without risk margin after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero, relating to life activities.




C0060/R0030


Income protection insurance and proportional reinsurance – Net (of reinsurance) written premiums in the last 12 months – life activities


These are the premiums written for income protections insurance and proportional reinsurance during the (rolling) last 12 months, after deduction of premiums for reinsurance contracts, with a floor equal to zero, relating to life activities. Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0030/R0040


Workers’ compensation insurance and proportional reinsurance – Net (of reinsurance/SPV) best estimate and TP calculated as a whole – non–life activities


These are the technical provisions for workers’ compensation insurance and proportional reinsurance, without risk margin after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero, relating to non–life activities.




C0040/R0040


Workers’ compensation insurance and proportional reinsurance– Net (of reinsurance) written premiums in the last 12 months – non–life activities


These are the premiums written for workers’ compensations insurance and proportional reinsurance during the (rolling) last 12 months, after deduction of premiums for reinsurance contracts, with a floor equal to zero, relating to non–life activities. Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0050/R0040


Workers’ compensation insurance and proportional reinsurance – Net (of reinsurance/SPV) best estimate and TP calculated as a whole – life activities


These are the technical provisions for workers’ compensation insurance and proportional reinsurance, without risk margin after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero, relating to life activities.




C0060/R0040


Workers’ compensation insurance and proportional reinsurance – Net (of reinsurance) written premiums in the last 12 months – life activities


These are the premiums written for workers’ compensations insurance and proportional reinsurance during the (rolling) last 12 months, after deduction of premiums for reinsurance contracts, with a floor equal to zero, relating to life activities. Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0030/R0050


Motor vehicle liability insurance and proportional reinsurance– Net (of reinsurance/SPV) best estimate and TP calculated as a whole – non–life activities


These are the technical provisions for motor vehicle liability insurance and proportional reinsurance, without risk margin after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero, relating to non–life activities.




C0040/R0050


Motor vehicle liability insurance and proportional reinsurance – Net (of reinsurance) written premiums in the last 12 months – non–life activities


These are the premiums written for motor vehicle liability insurance and proportional reinsurance during the (rolling) last 12 months, after deduction of premiums for reinsurance contracts, with a floor equal to zero, relating to non–life activities. Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0050/R0050


Motor vehicle liability insurance and proportional reinsurance – Net (of reinsurance/SPV) best estimate and TP calculated as a whole – life activities


These are the technical provisions for motor vehicle liability insurance and proportional reinsurance, without risk margin after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero, relating to life activities.




C0060/R0050


Motor vehicle liability insurance and proportional reinsurance – Net (of reinsurance) written premiums in the last 12 months – life activities


These are the premiums written for motor vehicle liability insurance and proportional reinsurance during the (rolling) last 12 months, after deduction of premiums for reinsurance contracts, with a floor equal to zero, relating to life activities. Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0030/R0060


Other motor insurance and proportional reinsurance – Net (of reinsurance/SPV) best estimate and TP calculated as a whole – non–life activities


These are the technical provisions for other motor insurance and proportional reinsurance, without risk margin after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero, relating to non–life activities.




C0040/R0060


Other motor insurance and proportional reinsurance – Net (of reinsurance) written premiums in the last 12 months – non–life activities


These are the premiums written for other motor insurance and proportional reinsurance during the (rolling) last 12 months, after deduction of premiums for reinsurance contracts, with a floor equal to zero, relating to non–life activities. Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0050/R0060


Other motor insurance and proportional reinsurance – Net (of reinsurance/SPV) best estimate and TP calculated as a whole – life activities


These are the technical provisions for other motor insurance and proportional reinsurance, without risk margin after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero, relating to life activities.




C0060/R0060


Other motor insurance and proportional reinsurance – Net (of reinsurance) written premiums in the last 12 months – life activities


These are the premiums written for other motor insurance and proportional reinsurance during the (rolling) last 12 months, after deduction of premiums for reinsurance contracts, with a floor equal to zero, relating to life activities. Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0030/R0070


Marine, aviation and transport insurance and proportional reinsurance – Net (of reinsurance/SPV) best estimate and TP calculated as a whole – non–life activities


These are the technical provisions for marine, aviation and transport insurance and proportional reinsurance, without risk margin after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero, relating to non–life activities.




C0040/R0070


Marine, aviation and transport insurance and proportional reinsurance – Net (of reinsurance) written premiums in the last 12 months – non–life activities


These are the premiums written for marine, aviation and transport insurance and proportional reinsurance during the (rolling) last 12 months, after deduction of premiums for reinsurance contracts, with a floor equal to zero, relating to non–life activities. Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0050/R0070


Marine, aviation and transport insurance and proportional reinsurance – Net (of reinsurance/SPV) best estimate and TP calculated as a whole – life activities


These are the technical provisions for marine, aviation and transport insurance and proportional reinsurance, without risk margin after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero, relating to life activities.




C0060/R0070


Marine, aviation and transport insurance and proportional reinsurance – Net (of reinsurance) written premiums in the last 12 months – life activities


These are the premiums written for marine, aviation and transport insurance and proportional reinsurance during the (rolling) last 12 months, after deduction of premiums for reinsurance contracts, with a floor equal to zero, relating to life activities. Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0030/R0080


Fire and other damage to property insurance and proportional reinsurance – Net (of reinsurance/SPV) best estimate and TP calculated as a whole – non–life activities


These are the technical provisions for fire and other damage to property insurance and proportional reinsurance, without risk margin after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero, relating to non–life activities.




C0040/R0080


Fire and other damage to property insurance and proportional reinsurance – Net (of reinsurance) written premiums in the last 12 months – non–life activities


These are the premiums written for fire and other damage to property insurance and proportional reinsurance during the (rolling) last 12 months, after deduction of premiums for reinsurance contracts, with a floor equal to zero, relating to non–life activities. Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0050/R0080


Fire and other damage to property insurance and proportional reinsurance – Net (of reinsurance/SPV) best estimate and TP calculated as a whole – life activities


These are the technical provisions for fire and other damage to property insurance and proportional reinsurance, without risk margin after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero, relating to life activities.




C0060/R0080


Fire and other damage to property insurance and proportional reinsurance – Net (of reinsurance) written premiums in the last 12 months – life activities


These are the premiums written for fire and other damage to property insurance and proportional reinsurance during the (rolling) last 12 months, after deduction of premiums for reinsurance contracts, with a floor equal to zero, relating to life activities. Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0030/R0090


General liability insurance and proportional reinsurance – Net (of reinsurance/SPV) best estimate and TP calculated as a whole – non–life activities


These are the technical provisions for general liability insurance and proportional reinsurance, without risk margin after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero, relating to non–life activities.




C0040/R0090


General liability insurance and proportional reinsurance – Net (of reinsurance) written premiums in the last 12 months – non–life activities


These are the premiums written for general liability insurance and proportional reinsurance during the (rolling) last 12 months, after deduction of premiums for reinsurance contracts, with a floor equal to zero, relating to non–life activities. Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0050/R0090


General liability insurance and proportional reinsurance – Net (of reinsurance/SPV) best estimate and TP calculated as a whole – life activities


These are the technical provisions for general liability insurance and proportional reinsurance, without risk margin after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero, relating to life activities.




C0060/R0090


General liability insurance and proportional reinsurance – Net (of reinsurance) written premiums in the last 12 months – life activities


These are the premiums written for general liability insurance and proportional reinsurance during the (rolling) last 12 months, after deduction of premiums for reinsurance contracts, with a floor equal to zero, relating to life activities. Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0030/R0100


Credit and suretyship insurance and proportional reinsurance – Net (of reinsurance/SPV) best estimate and TP calculated as a whole – non–life activities


These are the technical provisions for credit and suretyship insurance and proportional reinsurance, without risk margin after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero, relating to non–life activities.




C0040/R0100


Credit and suretyship insurance and proportional reinsurance – Net (of reinsurance) written premiums in the last 12 months – non–life activities


These are the premiums written for credit and suretyship insurance and proportional reinsurance during the (rolling) last 12 months, after deduction of premiums for reinsurance contracts, with a floor equal to zero, relating to non–life activities. Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0050/R0100


Credit and suretyship insurance and proportional reinsurance – Net (of reinsurance/SPV) best estimate and TP calculated as a whole – life activities


These are the technical provisions for credit and suretyship insurance and proportional reinsurance, without risk margin after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero, relating to life activities.




C0060/R0100


Credit and suretyship insurance and proportional reinsurance – Net (of reinsurance) written premiums in the last 12 months – life activities


These are the premiums written for credit and suretyship insurance and proportional reinsurance during the (rolling) last 12 months, after deduction of premiums for reinsurance contracts, with a floor equal to zero, relating to life activities. Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0030/R0110


Legal expenses insurance and proportional reinsurance – Net (of reinsurance/SPV) best estimate and TP calculated as a whole – non–life activities


These are the technical provisions for legal expenses insurance and proportional reinsurance, without risk margin after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero, relating to non–life activities.




C0040/R0110


Legal expenses insurance and proportional reinsurance – Net (of reinsurance) written premiums in the last 12 months – non–life activities


These are the premiums written for legal expenses insurance and proportional reinsurance during the (rolling) last 12 months, after deduction of premiums for reinsurance contracts, with a floor equal to zero, relating to non–life activities. Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0050/R0110


Legal expenses insurance and proportional reinsurance – Net (of reinsurance/SPV) best estimate and TP calculated as a whole – life activities


These are the technical provisions for legal expenses insurance and proportional reinsurance, without risk margin after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero, relating to life activities.




C0060/R0110


Legal expenses insurance and proportional reinsurance – Net (of reinsurance) written premiums in the last 12 months – life activities


These are the premiums written for legal expenses insurance and proportional reinsurance during the (rolling) last 12 months, after deduction of premiums for reinsurance contracts, with a floor equal to zero, relating to life activities. Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0030/R0120


Assistance and proportional reinsurance – Net (of reinsurance/SPV) best estimate and TP calculated as a whole – non–life activities


These are the technical provisions for assistance and its proportional reinsurance, without risk margin after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero, relating to non–life activities.




C0040/R0120


Assistance and proportional reinsurance – Net (of reinsurance) written premiums in the last 12 months – non–life activities


These are the premiums written for assistance and its proportional reinsurance during the (rolling) last 12 months, after deduction of premiums for reinsurance contracts, with a floor equal to zero, relating to non–life activities. Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0050/R0120


Assistance and proportional reinsurance – Net (of reinsurance/SPV) best estimate and TP calculated as a whole – life activities


These are the technical provisions for assistance and its proportional reinsurance, without risk margin after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero, relating to life activities.




C0060/R0120


Assistance and proportional reinsurance – Net (of reinsurance) written premiums in the last 12 months – life activities


These are the premiums written for assistance and its proportional reinsurance during the (rolling) last 12 months, after deduction of premiums for reinsurance contracts, with a floor equal to zero, relating to life activities. Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0030/R0130


Miscellaneous financial loss insurance and proportional reinsurance – Net (of reinsurance/SPV) best estimate and TP calculated as a whole – non–life activities


These are the technical provisions for miscellaneous financial loss insurance and proportional reinsurance, without risk margin after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero, relating to non–life activities.




C0040/R0130


Miscellaneous financial loss insurance and proportional reinsurance – Net (of reinsurance) written premiums in the last 12 months – non–life activities


These are the premiums written for miscellaneous financial loss insurance and proportional reinsurance during the (rolling) last 12 months, after deduction of premiums for reinsurance contracts, with a floor equal to zero, relating to non–life activities. Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0050/R0130


Miscellaneous financial loss insurance and proportional reinsurance – Net (of reinsurance/SPV) best estimate and TP calculated as a whole – life activities


These are the technical provisions for miscellaneous financial loss insurance and proportional reinsurance, without risk margin after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero, relating to life activities.




C0060/R0130


Miscellaneous financial loss insurance and proportional reinsurance – Net (of reinsurance) written premiums in the last 12 months – life activities


These are the premiums written for miscellaneous financial loss insurance and proportional reinsurance during the (rolling) last 12 months, after deduction of premiums for reinsurance contracts, with a floor equal to zero, relating to life activities. Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0030/R0140


Non–proportional health reinsurance – Net (of reinsurance/SPV) best estimate and TP calculated as a whole – non–life activities


These are the technical provisions for non–proportional health reinsurance, without risk margin after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero, relating to non–life activities.




C0040/R0140


Non–proportional health reinsurance – Net (of reinsurance) written premiums in the last 12 months – non–life activities


These are the premiums written for non–proportional health reinsurance during the (rolling) last 12 months, after deduction of premiums for reinsurance contracts, with a floor equal to zero, relating to non–life activities. Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0050/R0140


Non–proportional health reinsurance – Net (of reinsurance/SPV) best estimate and TP calculated as a whole – life activities


These are the technical provisions for non–proportional health reinsurance, without risk margin after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero, relating to life activities.




C0060/R0140


Non–proportional health reinsurance – Net (of reinsurance) written premiums in the last 12 months – life activities


These are the premiums written for non–proportional health reinsurance during the (rolling) last 12 months, after deduction of premiums for reinsurance contracts, with a floor equal to zero, relating to life activities. Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0030/R0150


Non–proportional casualty reinsurance – Net (of reinsurance/SPV) best estimate and TP calculated as a whole – non–life activities


These are the technical provisions for non–proportional casualty reinsurance, without risk margin after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero, relating to non–life activities.




C0040/R0150


Non–proportional casualty reinsurance – Net (of reinsurance) written premiums in the last 12 months – non–life activities


These are the premiums written for non–proportional casualty reinsurance during the (rolling) last 12 months, after deduction of premiums for reinsurance contracts, with a floor equal to zero, relating to non–life activities. Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0050/R0150


Non–proportional casualty reinsurance – Net (of reinsurance/SPV) best estimate and TP calculated as a whole – life activities


These are the technical provisions for non–proportional casualty reinsurance, without risk margin after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero, relating to life activities.




C0060/R0150


Non–proportional casualty reinsurance – Net (of reinsurance) written premiums in the last 12 months – life activities


These are the premiums written for non–proportional casualty reinsurance during the (rolling) last 12 months, after deduction of premiums for reinsurance contracts, with a floor equal to zero, relating to life activities. Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0030/R0160


Non–proportional marine, aviation and transport reinsurance – Net (of reinsurance/SPV) best estimate and TP calculated as a whole – non–life activities


These are the technical provisions for non–proportional marine, aviation and transport reinsurance, without risk margin after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero, relating to non–life activities




C0040/R0160


Non–proportional marine, aviation and transport reinsurance – Net (of reinsurance) written premiums in the last 12 months – non–life activities


These are the premiums written for non–proportional marine, aviation and transport reinsurance during the (rolling) last 12 months, after deduction of premiums for reinsurance contracts, with a floor equal to zero, relating to non–life activities. Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0050/R0160


Non–proportional marine, aviation and transport reinsurance – Net (of reinsurance/SPV) best estimate and TP calculated as a whole – life activities


These are the technical provisions for non–proportional marine, aviation and transport reinsurance, without risk margin after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero, relating to life activities.




C0060/R0160


Non–proportional marine, aviation and transport reinsurance – Net (of reinsurance) written premiums in the last 12 months – life activities


These are the premiums written for non–proportional marine, aviation and transport reinsurance during the (rolling) last 12 months, after deduction of premiums for reinsurance contracts, with a floor equal to zero, relating to life activities. Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0030/R0170


Non–proportional property reinsurance – Net (of reinsurance/SPV) best estimate and TP calculated as a whole – non–life activities


These are the technical provisions for non–proportional property reinsurance, without risk margin after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero, relating to non–life activities.




C0040/R0170


Non–proportional property reinsurance – Net (of reinsurance) written premiums in the last 12 months – non–life activities


These are the premiums written for non–proportional property reinsurance during the (rolling) last 12 months, after deduction of premiums for reinsurance contracts, with a floor equal to zero, relating to non–life activities. Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0050/R0170


Non–proportional property reinsurance – Net (of reinsurance/SPV) best estimate and TP calculated as a whole – life activities


These are the technical provisions for non–proportional property reinsurance, without risk margin after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero, relating to life activities.




C0060/R0170


Non–proportional property reinsurance – Net (of reinsurance) written premiums in the last 12 months – life activities


These are the premiums written for non–proportional property reinsurance during the (rolling) last 12 months, after deduction of premiums for reinsurance contracts, with a floor equal to zero, relating to life activities. Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0070/R0200


Linear Formula component for life insurance and reinsurance obligations MCR(L,NL) Result


This is the linear formula component for life insurance and reinsurance obligations relating to non–life insurance or reinsurance activities calculated in accordance with Article 252(4) and (5) of Delegated Regulation (EU) 2015/35.




C0080/R0200


Linear Formula component for life insurance and reinsurance obligations MCR(L,L) Result


This is the linear formula component for life insurance and reinsurance obligations relating to life insurance or reinsurance activities calculated in accordance with Article 252(9) and (10) of Delegated Regulation (EU) 2015/35.




C0090/R0210


Obligations with profit participation – guaranteed benefits – Net (of reinsurance/SPV) best estimate and TP calculated as a whole – non–life activities


These are the technical provisions without a risk margin for guaranteed benefits in respect of life insurance obligations with profit participation, after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero, relating to non–life activities and technical provisions without a risk margin for reinsurance obligations where the underlying insurance obligations include profit participation, after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero, relating to non–life activities.




C0110/R0210


Obligations with profit participation – guaranteed benefits – Net (of reinsurance/SPV) best estimate and TP calculated as a whole– life activities


These are the technical provisions without a risk margin for guaranteed benefits in respect of life insurance obligations with profit participation, after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero, relating to life activities and technical provisions without a risk margin for reinsurance obligations where the underlying insurance obligations include profit participation, after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero, relating to life activities.




C0090/R0220


Obligations with profit participation – future discretionary benefits – Net (of reinsurance/SPV) best estimate and TP calculated as a whole– non–life activities


These are the technical provisions without a risk margin for future discretionary benefits in respect of life insurance obligations with profit participation, after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero, relating to non–life activities.




C0110/R0220


Obligations with profit participation – future discretionary benefits – Net (of reinsurance/SPV) best estimate and TP calculated as a whole– life activities


These are the technical provisions without a risk margin for future discretionary benefits in respect of life insurance obligations with profit participation, after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero, relating to life activities.




C0090/R0230


Index–linked and unit–linked insurance obligations – Net (of reinsurance/SPV) best estimate and TP calculated as a whole – non–life activities


These are the technical provisions without a risk margin for index–linked and unit–linked life insurance obligations and reinsurance obligations relating to such insurance obligations, after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero, relating to non–life activities.




C0110/R0230


Index–linked and unit–linked insurance obligations – Net (of reinsurance/SPV) best estimate and TP calculated as a whole– life activities


These are the technical provisions without a risk margin for index–linked and unit–linked life insurance obligations and reinsurance obligations relating to such insurance obligations, after deduction of the amounts recoverable from reinsurance contracts and SPVs, with a floor equal to zero, relating to life activities.




C0090/R0240


Other life (re)insurance and health (re)insurance obligations – Net (of reinsurance/SPV) best estimate and TP calculated as a whole – non–life activities


These are the technical provisions without a risk margin for other life insurance obligations and reinsurance obligations relating to such insurance obligations, after deduction of the amounts recoverable from reinsurance contracts and SPV, with a floor equal to zero, relating to non–life activities.




C0110/R0240


Other life (re)insurance and health (re)insurance obligations – Net (of reinsurance/SPV) best estimate and TP calculated as a whole– life activities


These are the technical provisions without a risk margin for other life insurance obligations and reinsurance obligations relating to such insurance obligations, after deduction of the amounts recoverable from reinsurance contracts and SPV, with a floor equal to zero, relating to life activities.




C0100/R0250


Total capital at risk for all life (re)insurance obligations – Net (of reinsurance/SPV) total capital at risk– non–life activities


This is the total capital at risk, being the sum over all contracts that give rise to life insurance or reinsurance obligations of the highest amounts that the insurance or reinsurance undertaking would pay in the event of the death or disability of the persons insured under the contract after deduction of the amounts recoverable from reinsurance contracts and special purpose vehicles in such event, and the expected present value of annuities payable on death or disability less the net best estimate, with a floor equal to zero, relating to non–life activities.




C0120/R0250


Total capital at risk for all life (re)insurance obligations – Net (of reinsurance/SPV) total capital at risk– life activities


This is the total capital at risk, being the sum over all contracts that give rise to life insurance or reinsurance obligations of the highest amounts that the insurance or reinsurance undertaking would pay in the event of the death or disability of the persons insured under the contract after deduction of the amounts recoverable from reinsurance contracts and special purpose vehicles in such event, and the expected present value of annuities payable on death or disability less the net best estimate, with a floor equal to zero, relating to life activities.




C0130/R0300


Overall MCR calculation – Linear MCR


The linear Minimum Capital Requirement shall equal to the sum of the MCR linear formula component for non–life insurance and reinsurance and the MCR linear formula component for life insurance and reinsurance obligations calculated in accordance with Article 249 of Delegated Regulation (EU) 2015/35.




C0130/R0310


Overall MCR calculation – SCR


This is the latest SCR to be calculated and reported in accordance with Articles 103 to 127 of Directive 2009/138/EC, either the annual one or a more recent one in case the SCR has been recalculated (e.g. due to a change in risk profile), including capital add–on. Undertakings using internal model or partial internal model to calculate the SCR should refer to the relevant SCR, except where under Article 129(3) of Directive 2009/138/EC the national supervisor requires a reference to the standard formula.




C0130/R0320


Overall MCR calculation – MCR cap


This is calculated as 45 % of the SCR including any capital add–on in accordance with Article 129(3) of the Directive 2009/138/EC.




C0130/R0330


Overall MCR calculation – MCR floor


This is calculated as 25 % of the SCR including any capital add–on in accordance with Article 129(3) of Directive 2009/138/EC.




C0130/R0340


Overall MCR calculation – Combined MCR


This is the result of the formula component calculated in accordance with Article 248(2) of Delegated Regulation (EU) 2015/35.




C0130/R0350


Overall MCR calculation – Absolute floor of the MCR


This is calculated as defined in Article 129(1)d of Directive 2009/138/EC.




C0130/R0400


Minimum Capital Requirement


This is the result of the formula component calculated in accordance with Article 248(1) of Delegated Regulation (EU) 2015/35.




C0140/R0500


Notional non–life and life MCR calculation – Notional linear MCR – non–life activities


This is calculated in accordance with Article 252(3) of Delegated Regulation (EU) 2015/35.




C0150/R0500


Notional non–life and life MCR calculation – Notional linear MCR –life activities


This is calculated in accordance with Article 252(9) of Delegated Regulation (EU) 2015/35.




C0140/R0510


Notional non–life and life MCR calculation – Notional SCR excluding add–on (annual or latest calculation) – non–life activities


This is the latest notional SCR to be calculated and disclosed in accordance with in accordance with Articles 103 to 127 of Directive 2009/138/EC, either the annual one or a more recent one in case the notional SCR has been recalculated (e.g. due to a change in risk profile) and disclosed, excluding capital add–on. Undertakings using internal model or partial internal model to calculate the SCR should refer to the relevant SCR, except where under Article 129(3) of Directive 2009/138/EC the national supervisor requires a reference to the standard formula.




C0150/R0510


Notional non–life and life MCR calculation – Notional SCR excluding add–on (annual or latest calculation) –life activities


This is the latest notional SCR to be calculated and disclosed in accordance with in accordance with Articles 103 to 127 of Directive 2009/138/EC, either the annual one or a more recent one in case the notional SCR has been recalculated (e.g. due to a change in risk profile) and disclosed, excluding capital add–on. Undertakings using internal model or partial internal model to calculate the SCR should refer to the relevant SCR, except where under Article 129(3) of Directive 2009/138/EC the national supervisor requires a reference to the standard formula.




C0140/R0520


Notional non–life and life MCR calculation – Notional MCR cap – non–life activities


This is calculated as 45 % of the notional non–life SCR including the non–life capital add–on in accordance with Article 129(3) of Directive 2009/138/EC.




C0150/R0520


Notional non–life and life MCR calculation – Notional MCR cap –life activities


This is calculated as 45 % of the notional life SCR including the life capital add–on in accordance with Article 129(3) of Directive 2009/138/EC.




C0140/R0530


Notional non–life and life MCR calculation – Notional MCR floor – non–life activities


This is calculated as 25 % of the notional non–life SCR including the non–life capital add–on in accordance with Article 129(3) of Directive 2009/138/EC.




C0150/R0530


Notional non–life and life MCR calculation – Notional MCR floor –life activities


This is calculated as 25 % of the notional life SCR including the life capital add–on in accordance with Article 129(3) of Directive 2009/138/EC.




C0140/R0540


Notional non–life and life MCR calculation – Notional Combined MCR – non–life activities


This is calculated in accordance with Article 252(3) of Delegated Regulation (EU) 2015/35.




C0150/R0540


Notional non–life and life MCR calculation – Notional Combined MCR –life activities


This is calculated in accordance with Article 252(8) of Delegated Regulation (EU) 2015/35.




C0140/R0550


Notional non–life and life MCR calculation – Absolute floor of the notional MCR – non–life activities


This is the amount defined in Article 129(1)d(i) of Directive 2009/138/EC.




C0150/R0560


Notional non–life and life MCR calculation – Absolute floor of the notional MCR – life activities


This is the amount defined in Article 129(1)d(ii) Directive 2009/138/EC.




C0140/R0560


Notional non–life and life MCR calculation – Notional MCR – non–life activities


This is the notional non–life MCR calculated in accordance with Article 252(2) of Delegated Regulation (EU) 2015/35.




C0150/R0560


Notional non–life and life MCR calculation – Notional MCR – life activities


This is the notional life MCR calculated in accordance with Article 252(7) of Delegated Regulation (EU) 2015/35.






(1)  Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012 (OJ L 176, 27.6.2013, p. 1).

(2)  Commission Implementing Regulation (EU) 2015/2011 of 11 November 2015 laying down implementing technical standards with regard to the lists of regional governments and local authorities, exposures to whom are to be treated as exposures to the central government in accordance with Directive 2009/138/EC of the European Parliament and of the Council (OJ L 295, 12.11.2015, p. 3).

(3)  Directive 2009/65/EC of the European Parliament and of the Council of 13 July 2009 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS) (OJ L 302, 17.11.2009, p. 32).

(4)  Directive 2011/61/EU of the European Parliament and of the Council of 8 June 2011 on Alternative Investment Fund Managers and amending Directives 2003/41/EC and 2009/65/EC and Regulations (EC) No 1060/2009 and (EU) No 1095/2010 (OJ L 174, 1.7.2011, p. 1).

(5)  Council Directive 91/674/EEC of 19 December 1991 on the annual accounts and consolidated accounts of insurance undertakings (OJ L 374, 31.12.1991, p. 7).

(6)  Guidelines EIOPA-BoS-14/177 of 2 February 2015 on the loss-absorbing capacity of technical provisions and deferred taxes (https://eiopa.europa.eu/publications/eiopa-guidelines/guidelines-on-the-loss-absorbing-capacity-of-technical-provisions-and-deferred-taxes).





ANNEX III

Instructions for the templates for the solvency and financial condition report of groups

This Annex contains instructions in relation to the templates in Annex I. The first column of the tables identifies the items to be disclosed by identifying the columns and rows as showed in the template in Annex I.
Templates which shall be filled in in accordance with the instructions of the different sections of this Annex are referred to as ‘this template’ throughout the text of the Annex.


S.02.01 – Balance sheet



General comments:

This section relates to the annual disclosure of information for groups.
This template is relevant when method 1 (Accounting consolidation–based method) is used, either exclusively or in combination with method 2 (Deduction and aggregation method). Holdings in related undertakings that are not consolidated row by row in accordance with Article 335, paragraph 1, (a), (b) or (c) of Delegated Regulation (EU) 2015/35, including the holdings in related undertakings included with method 2 when combination of methods is used, shall be included in the item ‘Holdings in related undertakings, including participations’.
The ‘Solvency II value’ column (C0010) shall be completed using the valuation principles set out in Directive 2009/138/EC, Delegated Regulation (EU) 2015/35, Solvency II Technical Standards and Guidelines.







 


ITEM


INSTRUCTIONS





Assets



 


 




C0010/R0030


Intangible assets


Intangible assets other than goodwill. An identifiable non–monetary asset without physical substance.




C0010/R0040


Deferred tax assets


Deferred tax assets are the amounts of income taxes recoverable in future periods in respect of:






(a)


deductible temporary differences;










(b)


the carry forward of unused tax losses; or










(c)


the carry forward of unused tax credits.








C0010/R0050


Pension benefit surplus


This is the total of net surplus related to employees’ pension scheme.




C0010/R0060


Property, plant & equipment held for own use


Tangible assets which are intended for permanent use and property held by the group for own use. It also includes property for own use under construction.




C0010/R0070


Investments (other than assets held for index–linked and unit–linked contracts)


This is the total amount of investments, excluding assets held for index–linked and unit–linked contracts.




C0010/R0080


Property (other than for own use)


Amount of the property, other than for own use. It also includes property under construction other than for own use.




C0010/R0090


Holdings in related undertakings, including participations


Participations as defined in Article 13(20) of Directive 2009/138/EC and 212 (2) of Directive 2009/138/EC and holdings in related undertakings as defined in Article 212(1), point (b) of Directive 2009/138/EC.
Where parts of the assets regarding participation and related undertakings refer to unit and index linked contracts, those parts shall be disclosed in ‘Assets held for index–linked and unit–linked contracts’ in C0010/R0220.
Participations and holdings related undertakings at group level will include:






—


holdings in related but not subsidiary insurance or reinsurance undertakings, insurance holding companies or mixed financial holding companies as described in Article 335, paragraph 1 (d) of Delegated Regulation (EU) 2015/35










—


holdings in related undertakings in other financial sectors as described in Article 335, paragraph 1 (e) of Delegated Regulation (EU) 2015/35










—


other related undertakings as described in Article 335, paragraph 1 (f) of Delegated Regulation (EU) 2015/35










—


insurance or reinsurance undertakings, insurance holding companies or mixed financial holding companies included with the deduction and aggregation method (when combination of methods is used).








C0010/R0100


Equities


This is the total amount of equities, listed and unlisted.




C0010/R0110


Equities – listed


Shares representing corporations’ capital, e.g. representing ownership in a corporation, negotiated on a regulated market or on a multilateral trading facility, as by Directive 2010/65/EU.
Equities listed shall exclude holdings in related undertakings, including participations.




C0010/R0120


Equities – unlisted


Shares representing corporations’ capital, e.g. representing ownership in a corporation, not negotiated on a regulated market or on a multilateral trading facility, as by Directive 2014/65/EU.
Equities unlisted shall exclude holdings in related undertakings, including participations.




C0010/R0130


Bonds


This is the total amount of government bonds, corporate bonds, structured notes and collateralised securities.




C0010/R0140


Government Bonds


Bonds issued by public authorities, whether by central governments, supra-national government institutions, regional governments or local authorities and bonds that are fully, unconditionally and irrevocably guaranteed by the European Central Bank, Member States’ central government and central banks, multilateral development banks as referred to in Article 117(2) of Regulation (EU) No 575/2013 of the European Parliament and of the Council (1), or international organisations referred to in Article 118 of that Regulation, the regional governments and local authorities listed in Article 1 of Commission Implementing Regulation (EU) 2015/2011 (2), where the guarantee meets the requirements set out in Article 215 of Delegated Regulation (EU) 2015/35




C0010/R0150


Corporate Bonds


Bonds issued by corporations.




C0010/R0160


Structured notes


Hybrid securities, combining a fixed income (return in a form of fixed payments) instrument with a series of derivative components. Excluded from this category are fixed income securities that are issued by sovereign governments. Concerns securities that have embedded any categories of Derivatives, including Credit Default Swaps (‘CDS’), Constant Maturity Swaps (‘CMS’), Credit Default Options (‘CDOp’).




C0010/R0170


Collateralised securities


Securities whose value and payments are derived from a portfolio of underlying assets, including Asset Backed Securities (‘ABS’), Mortgage Backed securities (‘MBS’), Commercial Mortgage Backed securities (‘CMBS’), Collateralised Debt Obligations (‘CDO’), Collateralised Loan Obligations (‘CLO’), Collateralised Mortgage Obligations (‘CMO’)




C0010/R0180


Collective Investments Undertakings


Collective investment undertaking means an undertaking for collective investment in transferable securities (‘UCITS’) as defined in Article 1(2) of Directive 2009/65/EC of the European Parliament and of the Council (3) or an alternative investment fund (‘AIF’) as defined in Article 4(1), point (a) of Directive 2011/61/EU of the European Parliament and of the Council (4).




C0010/R0190


Derivatives


A financial instrument or other contract with all three of the following characteristics:






(a)


its value changes in response to the change in a specified interest rate, financial instrument price, commodity price, foreign exchange rate, index of prices or rates, credit rating or credit index, or other variable, provided in the case of a non–financial variable that the variable is not specific to a party to the contract (sometimes called the ‘underlying’).










(b)


it requires no initial net investment or an initial net investment that is smaller than would be required for other types of contracts that would be expected to have a similar response to changes in market factors.










(c)


it is settled at a future date.




Solvency II value, only if positive, of the derivative as of the reporting date is disclosed here (in case of negative value, see C0010/R0790).




C0010/R0200


Deposits other than cash equivalents


Deposits other than cash equivalents that cannot be used to make payments until before a specific maturity date and that are not exchangeable for currency or transferable deposits without any kind of significant restriction or penalty.




C0010/R0210


Other investments


Other investments not covered already within investments disclosed between R0070 and R0200.




C0010/R0220


Assets held for index–linked and unit–linked contracts


Assets held for index–linked and unit–linked contracts (classified in line of business 31 as specified in Annex I to Delegated Regulation (EU) 2015/35).




C0010/R0230


Loans and mortgages


This is the total amount of loans and mortgages, i.e. financial assets created when undertakings lend funds, either with or without collateral, including cash pools.




C0010/R0240


Loans on policies


Loans made to policyholders, collateralised on policies (underlying technical provisions).




C0010/R0250


Loans and mortgages to individuals


Financial assets created when creditors lend funds to debtors – individuals, with collateral or not, including cash pools.




C0010/R0260


Other loans and mortgages


Financial assets created when creditors lend funds to debtors – others, not classifiable in item R0240 or R0250, with collateral or not, including cash pools.




C0010/R0270


Reinsurance recoverables from:


This is the total amount of reinsurance recoverables. It corresponds to the amount of reinsurer share of technical provisions (including Finite reinsurance and SPV).
This cell in particular includes all expected payments from reinsurers to the undertaking (or vice versa) which correspond to payments not yet made by the undertaking to policyholders (or by policyholders to the undertaking). All expected payments from reinsurers to the undertaking (or vice versa) corresponding to payments already made by the undertaking to the policyholders (or by policyholders to the undertaking) should be included in reinsurance receivables (or reinsurance payables).




C0010/R0280


Non–life and health similar to non–life


Reinsurance recoverables in respect of technical provisions for non–life and health similar to non–life.




C0010/R0290


Non–life excluding health


Reinsurance recoverables in respect of technical provisions for non–life business, excluding technical provisions for health– similar to non –life




C0010/R0300


Health similar to non–life


Reinsurance recoverables in respect of technical provisions for health similar to non – life.




C0010/R0310


Life and health similar to life, excluding health and index–linked and unit–linked


Reinsurance recoverable in respect of technical provisions for life and health similar to life, excluding health and index–linked and unit–linked




C0010/R0320


Health similar to life


Reinsurance recoverables in respect of technical provisions for health–similar to life.




C0010/R0330


Life excluding health and index–linked and unit–linked


Reinsurance recoverables in respect of technical provisions for life business, excluding technical provisions health–similar to life techniques and technical provisions for index–linked and unit–linked.




C0010/R0340


Life index–linked and unit–linked


Reinsurance recoverables in respect of technical provisions for life index–linked and unit–linked business.




C0010/R0350


Deposits to cedants


Deposits relating to reinsurance accepted.




C0010/R0360


Insurance and intermediaries receivables


Amounts for payment by policyholders, insurers, and other linked to insurance business, that are not included in technical provisions.
It shall include receivables from reinsurance accepted.




C0010/R0370


Reinsurance receivables


This cell includes all expected payments (due and past-due) from reinsurers linked to reinsurance business to the undertaking that are not included in reinsurance recoverables.
Those expected payments should not be included in the item "any other assets not elsewhere shown".
This cell in particular should take into account all expected payments from reinsurers to the undertaking and which correspond to payments made by the undertaking to the policyholders.
It also includes all expected payments (due and past-due) from reinsurers in relation to other than insurance events or those that have been agreed between cedant undertaking and the reinsurer and where the amount of the expected payment is certain.




C0010/R0380


Receivables (trade, not insurance)


Includes amounts receivables from employees or various business partners (not insurance–related), including public entities.




C0010/R0390


Own shares (held directly)


This is the total amount of own shares held directly by the group.




C0010/R0400


Amounts due in respect of own fund items or initial fund called up but not yet paid in


Value of the amount due in respect of own fund items or initial funds called up but not yet paid in.




C0010/R0410


Cash and cash equivalents


Notes and coin in circulation that are commonly used to make payments, and deposits exchangeable for currency on demand at par and which are directly usable for making payments by cheque, draft, giro order, direct debit/credit, or other direct payment facility, without penalty or restriction.
Bank accounts shall not be netted off, thus only positive accounts shall be recognised in this item and bank overdrafts shown within liabilities unless where both legal right of offset and demonstrable intention to settle net exist.




C0010/R0420


Any other assets, not elsewhere shown


This is the amount of any other assets not already elsewhere included within balance sheet items.




C0010/R0500


Total assets


This is the overall total amount of all assets.





Liabilities



 


 




C0010/R0510


Technical provisions – non–life


Sum of the technical provisions non–life.
This amount includes the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of minimum capital requirement (‘MCR’) calculation.




C0010/R0520


Technical provisions – non–life (excluding health)


This is the total amount of technical provisions for non – life business (excluding health).
This amount includes the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.




C0010/R0530


Technical provisions – non–life (excluding health) – technical provisions calculated as a whole


This is the total amount of technical provisions calculated as whole (replicable/hedgeable portfolio) for non – life business (excluding health).
This amount includes the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.




C0010/R0540


Technical provisions – non–life (excluding health) – Best estimate


This is the total amount of best estimate of technical provisions for non – life business (excluding health).
Best estimate shall be disclosed gross of reinsurance.
This amount includes the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.




C0010/R0550


Technical provisions – non–life (excluding health) – Risk margin


This is the total amount of risk margin of technical provisions for non – life business (excluding health).
This amount includes the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.




C0010/R0560


Technical provisions – health (similar to non–life)


This is the total amount of technical provisions for health (similar to non – life).
This amount includes the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.




C0010/R0570


Technical provisions – health (similar to non – life) – technical provisions calculated as a whole


This is the total amount of technical provisions calculated as a whole (replicable/hedgeable portfolio) for health (similar to non–life).
This amount includes the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.




C0010/R0580


Technical provisions – health(similar to non –life) – Best estimate


This is the total amount of best estimate of technical provisions for health business (similar to non – life).
Best estimate shall be disclosed gross of reinsurance
This amount includes the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.




C0010/R0590


Technical provisions – health (similar to non – life) – Risk margin


This is the total amount of risk margin of technical provisions for health business (similar to non – life).
This amount includes the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.




C0010/R0600


Technical provisions – life (excluding index–linked and unit–linked)


Sum of the technical provisions life (excluding index–linked and unit–linked).
This amount includes the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.




C0010/R0610


Technical provisions – health (similar to life)


This is the total amount of technical provisions for health (similar to life) business.
This amount includes the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.




C0010/R0620


Technical provisions – health (similar to life) – technical provisions calculated as a whole


This is the total amount of technical provisions calculated as a whole (replicable/hedgeable portfolio) for health (similar to life) business.
This amount includes the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.




C0010/R0630


Technical provisions – health (similar to life) – Best estimate


This is the total amount of best estimate of technical provisions for health (similar to life) business.
Best estimate shall be disclosed gross of reinsurance
This amount includes the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.




C0010/R0640


Technical provisions – health (similar to life) – Risk margin


This is the total amount of risk margin of technical provisions for health (similar to life) business.
This amount includes the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.




C0010/R0650


Technical provisions – life (excl. health and index–linked and unit–linked)


This is the total amount of technical provisions for life (excluding health and index – linked and unit – linked) business.
This amount includes the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.




C0010/R0660


Technical provisions – life (excl. health and index–linkded and unit–linked) – technical provisions calculated as a whole


This is the total amount of technical provisions calculated as a whole (replicable/hedgeable portfolio) for life (excluding health and index – linked and unit – linked) business.
This amount includes the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.




C0010/R0670


Technical provisions – life (excl. health and index–linkded and unit–linked) – Best estimate


This is the total amount of best estimate of technical provisions for life (excluding health and index – linked and unit – linked) business.
Best estimate shall be disclosed gross of reinsurance
This amount includes the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.




C0010/R0680


Technical provisions – life (excl. health and index–linked and unit–linked) – Risk margin


This is the total amount of risk margin of technical provisions for life (excluding health and index – linked and unit – linked) business.
This amount includes the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.




C0010/R0690


Technical provisions – index–linked and unit–linked


This is the total amount of technical provisions for index – linked and unit – linked business.
This amount includes the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.




C0010/R0700


Technical provisions – index–linked and unit–linked – technical provisions calculated as a whole


This is the total amount of technical provisions calculated as a whole (replicable/hedgeable portfolio) for index – linked and unit – linked business.
This amount includes the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.




C0010/R0710


Technical provisions – index–linked and unit–linked – Best estimate


This is the total amount of best estimate of technical provisions for index – linked and unit – linked business.
Best estimate shall be disclosed gross of reinsurance
This amount includes the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.




C0010/R0720


Technical provisions – index–linked and unit–linked – Risk margin


This is the total amount of risk margin of technical provisions for index – linked and unit – linked business.
This amount includes the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.




C0010/R0740


Contingent liabilities


A contingent liability is:






(a)


a possible obligation that arises from past events and whose existence will be confirmed only by the occurrence or non–occurrence of one or more uncertain future events not wholly within the control of the entity; or










(b)


a present obligation that arises from past events even if:






(i)


it is not probable that an outflow of resources embodying economic benefits will be required to settle the obligation; or










(ii)


the amount of the obligation cannot be measured with sufficient reliability.








The amount of contingent liabilities recognised in the balance sheet should follow the criteria set in Article 11 of Delegated Regulation (EU) 2015/35.




C0010/R0750


Provisions other than technical provisions


Liabilities of uncertain timing or amount, excluding the ones disclosed under ‘Pension benefit obligations’.
The provisions are recognised as liabilities (assuming that a reliable estimate can be made) when they represent obligations and it is probable that an outflow of resources embodying economic benefits will be required to settle the obligations.




C0010/R0760


Pension benefit obligations


This is the total net obligations related to employees’ pension scheme.




C0010/R0770


Deposits from reinsurers


Amounts (e.g. cash) received from reinsurer or deducted by the reinsurer in accordance with the reinsurance contract.




C0010/R0780


Deferred tax liabilities


Deferred tax liabilities are the amounts of income taxes payable in future periods in respect of taxable temporary differences.




C0010/R0790


Derivatives


A financial instrument or other contract with all three of the following characteristics:






(a)


its value changes in response to the change in a specified interest rate, financial instrument price, commodity price, foreign exchange rate, index of prices or rates, credit rating or credit index, or other variable, provided in the case of a non–financial variable that the variable is not specific to a party to the contract (sometimes called the ‘underlying’).










(b)


it requires no initial net investment or an initial net investment that is smaller than would be required for other types of contracts that would be expected to have a similar response to changes in market factors.










(c)


it is settled at a future date.




Only derivative liabilities shall be disclosed on this row (i.e. Derivatives with negative values as of the reporting date.) Derivatives assets shall be disclosed under C0010/R0190.
Undertakings which do not value Derivatives in their local Generally accepted accounting principles (‘GAAP’) do not need to provide a financial statements value.




C0010/R0800


Debts owed to credit institutions


Debts, including mortgages and loans, owed to credit institutions, excluding bonds held by credit institutions (as it is not possible for the group to identify all the holders of the bonds that it issues) and subordinated liabilities. This also includes bank overdrafts.




C0010/R0810


Financial liabilities other than debts owed to credit institutions


Financial liabilities including bonds issued by the group (held by credit institutions or not), structured notes issued by the group itself and mortgages and loans due to other entities than credit institutions.
Subordinated liabilities shall not be included here.




C0010/R0820


Insurance and intermediaries payables


Amounts payable to policyholders, insurers and other business linked to insurance that are not included in technical provisions.
Includes amounts payable to (re)insurance intermediaries (e.g. commissions due to intermediaries but not yet paid by the group).
Excludes loans and mortgages due to other insurance companies, if those loand and mortgages only relate to financing and are not linked to insurance business (such loans and mortgages shall be disclosed as financial liabilities).
It shall include payables from reinsurance accepted.




C0010/R0830


Reinsurance payables


Amounts payable to reinsurers (in particular current accounts) other than deposits linked to reinsurance business, that are not included in reinsurance recoverables, including payables from the undertaking to reinsurers in relation to other than insurance events.
Includes payables to reinsurers that relate to ceded premiums.
This cell includes all expected payments (due and past-due) from the undertaking to reinsurers that are not included in reinsurance recoverables. These should not be included in the item "any other liabilities not elsewhere shown".
This cell in particular shall take into account all expected payments from the undertaking to reinsurers corresponding to payments made by the policyholders to the undertaking.
It also includes all expected payments (due and past-due) to reinsurers in relation to other than insurance events or those that have been agreed between cedent and reinsurer and where the amount of the expected payment is certain.




C0010/R0840


Payables (trade, not insurance)


This is the total amount trade payables, including amounts due to employees, suppliers, etc. and not insurance–related, parallel to receivables (trade, not insurance) on asset side; includes public entities.




C0010/R0850


Subordinated liabilities


Subordinated liabilities are debts which rank after other specified debts when the issuer is liquidated. This is the total of subordinated liabilities classified as Basic Own Funds and those that are not included in Basic Own Funds.




C0010/R0860


Subordinated liabilities not in Basic Own Funds


Subordinated liabilities are debts which rank after other specified debts when the issuer is liquidated. Other debts may be even more deeply subordinated. Only subordinated liabilities that are not classified in Basic Own Funds should be presented here.




C0010/R0870


Subordinated liabilities in Basic Own Funds


Subordinated liabilities classified in Basic Own Funds.




C0010/R0880


Any other liabilities, not elsewhere shown


This is the total of any other liabilities, not elsewhere already included in other Balance Sheet items.




C0010/R0900


Total liabilities


This is the overall total amount of all liabilities




C0010/R1000


Excess of assets over liabilities


This is the total of the group’s excess of assets over liabilities, valued in accordance with Solvency II valuation basis. Value of the assets minus liabilities






S.05.01 – Premiums, claims and expenses by line of business



General comments:

This section relates to the annual disclosure of information for groups.
This template shall be reported from an accounting perspective, i.e.: Local GAAP or IFRS if accepted as local GAAP but using SII lines of business. Undertakings shall use the recognition and valuation basis as for the published financial statements, no new recognition or re-valuation is required, unless otherwise stated in these instructions, except for the classification between investment contracts and insurance contracts or different reporting requirements when this is applicable in the financial statements. This template shall include all insurance business regardless of the possible different classification between investment contracts and insurance contracts applicable in the financial statements.
This template covers only insurance and reinsurance business within the scope of the consolidated financial statements.
Insurance and reinsurance undertakings shall disclose written/earned premiums as defined in Article 1(11) and (12) of Delegated Regulation (EU) 2015/35 regardless whether a local GAAP or IFRS is used.







 


ITEM


INSTRUCTIONS





Non–life insurance and reinsurance obligations



 


 




C0010 to C0120/R0110


Premiums written – Gross – Direct Business


Gross premiums written shall comprise all amounts due during the financial year in respect of insurance contracts, arising from direct business, regardless of the fact that such amounts may relate in whole or in part to a later financial year. Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0010 to C0120/R0120


Premiums written – Gross – Proportional reinsurance accepted


Gross premiums written shall comprise all amounts due during the financial year in respect of insurance contracts, arising from proportional reinsurance accepted business, regardless of the fact that such amounts may relate in whole or in part to a later financial year. Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0130 to C0160/R0130


Premiums written – Gross – Non proportional reinsurance accepted


Gross premiums written shall comprise all amounts due during the financial year in respect of insurance contracts, arising from non–proportional reinsurance accepted business, regardless of the fact that such amounts may relate in whole or in part to a later financial year. Amount of taxes or charges levied with premiums shall be excluded from the written premiums.




C0010 to C0160/R0140


Premiums written – Reinsurers’ share


Definition of premiums written provided in application of Directive 91/674/EEC where applicable: gross premiums written shall comprise all amounts ceded to reinsurers during the financial year in respect of insurance contracts regardless of the fact that such amounts may relate in whole or in part to a later financial year. Amount of taxes or charges levied with premiums shall be excluded from the written premiums.




C0010 to C0160/R0200


Premiums written – net


The net premiums written represent the sum of the direct business and the accepted reinsurance business reduced by the amount ceded to reinsurance undertakings.




C0010 to C0120/R0210


Premiums earned – Gross – Direct business


The sum of gross premiums written minus the change in the gross provision for unearned premiums related to direct insurance business.




C0010 to C0120/R0220


Premiums earned – Gross – Proportional reinsurance accepted


The sum of gross premiums written minus the change in the gross provision for unearned premiums related to proportional reinsurance accepted business.




C0130 to C0160/R0230


Premiums earned – Gross – Non proportional reinsurance accepted


The sum of gross premiums written minus the change in the gross provision for unearned premiums related to non–proportional reinsurance accepted business.




C0010 to C0160/R0240


Premiums earned – reinsurers’ share


The sum of reinsurer’s share in gross premiums written minus the change in the reinsurer’s share in provision for unearned premiums.




C0010 to C0160/R0300


Premiums earned – Net


The sum of gross premiums written minus the change in the gross provision for unearned premiums related to the sum of the direct business and the accepted reinsurance business reduced by the amount ceded to reinsurance undertakings.




C0010 to C0120/R0310


Claims incurred Gross – Direct business


Claims incurred in the reporting period as referred to in Directive 91/674/EEC, where applicable: the claims incurred means the sum of the claims paid and the change in the provision for claims during the financial year (in accordance with the local GAAP or IFRS used) related to insurance contracts arising from direct business.
This shall exclude claims management expenses and the movement in provisions in claims management expenses.




C0010 to C0120/R0320


Claims incurred Gross – Proportional reinsurance accepted


Claims incurred in the reporting period as referred to in Directive 91/674/EEC, where applicable: the claims incurred means the sum of the claims paid and the change in the provision for claims during the financial year (in accordance with the local GAAP or IFRS used) related to insurance contracts arising from the gross proportional reinsurance accepted.
This shall exclude claims management expenses and the movement in provisions in claims management expenses.




C0130 to C0160/R0330


Claims incurred – Gross – Non proportional reinsurance accepted


Claims incurred in the reporting period as referred to in Directive 91/674/EEC, where applicable: the claims incurred means the sum of the claims paid and the change in the provision for claims during the financial year (in accordance with the local GAAP or IFRS used) related to insurance contracts arising from the gross non proportional reinsurance accepted.
This shall exclude claims management expenses and the movement in provisions in claims management expenses.




C0010 to C0160/R0340


Claims incurred – Reinsurers’ share


Claims incurred in the reporting period as defined in Directive 91/674/EEC where applicable: it is the reinsurer’s share in the sum of the claims paid and the change in the provision for claims during the financial year (according to the local GAAP or IFRS used).
This shall exclude claims management expenses and the movement in provisions in claims management expenses.




C0010 to C0160/R0400


Claims incurred – Net


Claims incurred in the reporting period as defined in Directive 91/674/EEC where applicable: the claims incurred means the sum of the claims paid and the change in the provision for claims during the financial year (according to the local GAAP or IFRS used) related to the sum of the direct business and the accepted reinsurance business reduced by the amount ceded to reinsurance undertakings.
This shall exclude claims management expenses and the movement in provisions in claims management expenses.




C0010 to C0160/R0550


Expenses incurred


All technical expenses incurred by the group during the reporting period, on accrual basis.




C0200/R0110–R0550


Total


Total for different items for all lines of business, as defined in Annex I to Delegated Regulation (EU) 2015/35.




C0200/R1200


Balance – other technical expenses/income


Net technical expenses/income not covered by above mentioned expenses/income and and reduced by the amount ceded to reinsurance undertakings. Other technical expenses/income are not split by lines of business.
Should not include change in other technical provisions and non–technical expenses/income such as tax, interest expenses, losses on disposals, etc.
The amount of net technical expenses/income shall be reported negative if the amount of technical income is larger than the amount of technical expenses.




C0200/R1300


Total expenses


Amount of all technical expenses





Life insurance and reinsurance obligations



 


 




C0210 to C0280/R1410


Premiums written – Gross


Gross premiums written shall comprise all amounts due during the financial year in respect of insurance contracts, arising from gross business, regardless of the fact that such amounts may relate in whole or in part to a later financial year. Amount of taxes or charges levied with premiums shall be excluded from the written premiums.
It includes both direct and reinsurance business.




C0210 to C0280/R1420


Premiums written – Reinsurers’ share


Gross premiums written shall comprise all amounts ceded to reinsurers due during the financial year in respect of insurance contracts regardless of the fact that such amounts may relate in whole or in part to a later financial year. Amount of taxes or charges levied with premiums shall be excluded from the written premiums.




C0210 to C0280/R1500


Premiums written – net


The net premiums written represent the sum of the direct business and the accepted reinsurance business reduced by the amount ceded to reinsurance undertakings.




C0210 to C0280/R1510


Premiums earned – Gross – Direct business and reinsurance accepted


The sum of gross premiums written minus the change in the gross provision for unearned premiums related to direct insurance and reinsurance accepted business.




C0210 to C0280/R1520


Premiums earned – reinsurers’ share


The reinsurer’s share in gross premiums written minus the change in the reinsurer’s share in provision for unearned premiums.




C0210 to C0280/R1600


Premiums earned – Net


The sum of gross premiums written minus the change in the gross provision for unearned premiums related to the sum of the direct business and the accepted reinsurance business reduced by the amount ceded to reinsurance undertakings.




C0210 to C0280/R1610


Claims incurred – Gross – Direct business and reinsurance accepted


Claims incurred in the reporting period as referred to in Directive 91/674/EEC: the claims incurred means the sum of the claims paid and the change in the provision for claims during the financial year (in accordance with the local GAAP or IFRS used), related to insurance contracts arising from the direct and reinsurance business.
This shall exclude claims management expenses and the movement in provisions in claims management expenses.




C0210 to C0280/R1620


Claims incurred – Reinsurers’ share


Claims incurred in the reporting period as referred to in Directive 91/674/EEC: it is the reinsurer’s share in the sum of the claims paid and the change in the provision for claims during the financial year (in accordance with the local GAAP or IFRS used).
This shall exclude claims management expenses and the movement in provisions in claims management expenses.




C0210 to C0280/R1700


Claims incurred – Net


Claims incurred in the reporting period as referred to in Directive 91/674/EEC: the claims incurred means the sum of the claims paid and the change in the provision for claims during the financial year (in accordance with the local GAAP or IFRS used), related to the sum of the direct business and the accepted reinsurance business reduced by the amount ceded to reinsurance undertakings.
This shall exclude claims management expenses and the movement in provisions in claims management expenses.




C0210 to C0280/R1900


Expenses incurred


All technical expenses expensed incurred by the group during the reporting period, on accrual basis.




C0300/R1410–R1900


Total


Total for different items for all life lines of business, as defined in Annex I to Delegated Regulation (EU) 2015/35.




C0300/R2500


Balance – other technical expenses/income


Net technical expenses/income not covered by above mentioned expenses/income and and reduced by the amount ceded to reinsurance undertakings. Other technical expenses/income are not split by lines of business.
Should not include change in other technical provisions and non–technical expenses/income such as tax, interest expenses, losses on disposals, etc.
The amount of net technical expenses/income shall be reported negative if the amount of technical income is larger than the amount of technical expenses.




C0300/R2600


Total expenses


Amount of all technical expenses.




C0210 to C0280/R2700


Total amount of surrenders


This amount represents the total amount of surrenders occurred during the year.
This amount is also disclosed under claims incurred (item R1610).






S.05.02 – Premiums, claims and expenses by country



General comments:

This section relates to the annual disclosure of information for groups. Participating insurance and reinsurance undertakings, insurance holding companies or mixed financial holding companies are not required to disclose template S.05.02.01 of Annex I where the home country represents 90 % or more of the total gross written premiums.
This template shall be disclosed from an accounting perspective, i.e.: local GAAP or IFRS if accepted as local GAAP. The template is based on a year-to-date basis. Undertakings shall use the recognition and valuation basis as for the published financial statements, no new recognition or re-valuation is required except for the classification between investment contracts and insurance contracts when this is applicable in the financial statements. This template shall include all insurance business regardless of the possible different classification between investment contracts and insurance contracts applicable in the financial statements.
This template covers only insurance and reinsurance business within the scope of the consolidated financial statements.
The following criteria for the classification by country shall be used:






—


The information, provided by country, shall be completed for the five countries with the biggest amount of gross written premiums in addition to the home country or until reaching 90 % of the total gross written premiums:










—


For the direct insurance business for the lines of business, as defined in Annex I to Delegated Regulation (EU) 2015/35, ‘Medical expense’, ‘Income protection’, ‘Workers’ compensation’, ‘Fire and other damage to property’ and ‘Credit and suretyship’ information shall be disclosed by country where the risk is situated as defined in Article 13(13) of Directive 2009/138/EC;










—


For direct insurance business for all other lines of business, information shall be disclosed by country where the contract was entered into;










—


For proportional and non–proportional reinsurance information shall be disclosed by country of localisation of the ceding undertaking.




For the purposes of this template ‘country where the contract was entered into’ means:






(a)


The country where the insurance undertaking is established (home country) when the contract was not sold through a branch or freedom to provide services;










(b)


The country where the branch is located (host country) when the contract was sold through a branch;










(c)


The country where the freedom to provide services was notified (host country) when the contract was sold through freedom to provide services.










(d)


If an intermediary is used or in any other situation, it is a), b) or c) depending on who sold the contract.











 


ITEM


INSTRUCTIONS





Non–life insurance and reinsurance obligations



 


 




C0020 to C0060/R0010


Top 5 countries (by amount of gross premiums written) – non–life obligations


Identify the ISO 3166–1 alpha–2 code of the countries being disclosed for the non–life obligations.




C0080 to C0140/R0110


Premiums written – Gross – Direct Business


Definition of premiums written provided in application of Directive 91/674/EEC where applicable: gross premiums written shall comprise all amounts due during the financial year in respect of insurance contracts, arising from direct business, regardless of the fact that such amounts may relate in whole or in part to a later financial year.
Amount of taxes or charges levied with premiums should be excluded from the written premiums




C0080 to C0140/R0120


Premiums written – Gross – Proportional reinsurance accepted


Definition of premiums written provided in application of Directive 91/674/EEC where applicable: gross premiums written shall comprise all amounts due during the financial year in respect of insurance contracts, arising from proportional reinsurance accepted business, regardless of the fact that such amounts may relate in whole or in part to a later financial year.
Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0080 to C0140/R0130


Premiums written – Gross – Non proportional reinsurance accepted


Definition of premiums written provided in application of Directive 91/674/EEC where applicable: gross premiums written shall comprise all amounts due during the financial year in respect of insurance contracts, arising from non–proportional reinsurance accepted business, regardless of the fact that such amounts may relate in whole or in part to a later financial year.
Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0080 to C0140/R0140


Premiums written – Reinsurers’ share


Definition of premiums written provided in application of Directive 91/674/EEC where applicable: gross premiums written shall comprise all amounts ceded to reinsurers during the financial year in respect of insurance contracts regardless of the fact that such amounts may relate in whole or in part to a later financial year.
Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0080 to C0140/R0200


Premiums written – net


Definition of premiums written provided in application of Directive 91/674/EEC where applicable: the net premiums written represent the sum of the direct business and the accepted reinsurance business reduced by the amount ceded to reinsurance undertakings.
Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0080 to C0140/R0210


Premiums earned – Gross – Direct business


Definition of earned premiums provided in Directive 91/674/EEC where applicable: it is the sum of gross premiums written minus the change in the gross provision for unearned premiums related to insurance direct business.
Amount of taxes or charges levied with premiums should be excluded from the earned premiums.




C0080 to C0140/R0220


Premiums earned – Gross – Proportional reinsurance accepted


Definition of earned premiums provided in Directive 91/674/EEC where applicable: it is the sum of gross premiums written minus the change in the gross provision for unearned premiums related to proportional reinsurance accepted business.
Amount of taxes or charges levied with premiums should be excluded from the earned premiums.




C0080 to C0140/R0230


Premiums earned – Gross – Non proportional reinsurance accepted


Definition of earned premiums provided in Directive 91/674/EEC where applicable: it is the sum of gross premiums written minus the change in the gross provision for unearned premiums related to non–proportional reinsurance accepted business.
Amount of taxes or charges levied with premiums should be excluded from the earned premiums.




C0080 to C0140/R0240


Premiums earned – reinsurers’ share


Definition of earned premiums provided in Directive 91/674/EEC where applicable: it is the reinsurer’s share in gross premiums written minus the change in the reinsurer’s share in provision for unearned premiums.
Amount of taxes or charges levied with premiums should be excluded from the earned premiums.




C0080 to C0140/R0300


Premiums earned – Net


Definition of earned premiums provided in Directive 91/674/EEC where applicable: it is the sum of gross premiums written minus the change in the gross provision for unearned premiums related to the sum of the direct business and the accepted reinsurance business reduced by the amount ceded to reinsurance undertakings.
Amount of taxes or charges should be excluded from the earned premiums.




C0080 to C0140/R0310


Claims incurred Gross – Direct business


Claims incurred in the reporting period as defined in Directive 91/674/EEC where applicable: the claims incurred means the sum of the claims paid and the change in the provision for claims during the financial year related to insurance contracts arising from direct business.
This shall exclude claims management expenses and the movement in provisions in claims management expenses.




C0080 to C0140/R0320


Claims incurred Gross – Proportional reinsurance accepted


Claims incurred in the reporting period as defined in Directive 91/674/EEC where applicable: the claims incurred means the sum of the claims paid and the change in the provision for claims during the financial year related to insurance contracts arising from proportional reinsurance accepted.
This shall exclude claims management expenses and the movement in provisions in claims management expenses.




C0080 to C0140/R0330


Claims incurred – Gross – Non proportional reinsurance accepted


Claims incurred in the reporting period as defined in Directive 91/674/EEC where applicable: the claims incurred means the sum of the claims paid and the change in the provision for claims during the financial year related to insurance contracts arising from non–proportional reinsurance accepted.
This shall exclude claims management expenses and the movement in provisions in claims management expenses.




C0080 to C0140/R0340


Claims incurred – Reinsurers’ share


Claims incurred in the reporting period as defined in Directive 91/674/EEC where applicable: the claims incurred means the the reinsurer’s share in sum of the claims paid and the change in the provision for claims during the financial year.
This shall exclude claims management expenses and the movement in provisions in claims management expenses.




C0080 to C0140/R0400


Claims incurred – Net


Claims incurred in the reporting period as defined in Directive 91/674/EEC where applicable: the claims incurred means the sum of the claims paid and the change in the provision for claims during the financial year related to the sum of the direct business and the accepted reinsurance business reduced by the amount ceded to reinsurance undertakings.
This shall exclude claims management expenses and the movement in provisions in claims management expenses.




C0080 to C0140/R0550


Expenses incurred


All technical expenses incurred by the group during the reporting period, on accrual basis.




C0140/R1200


Other expenses


Other technical expenses not covered by above mentioned expenses and not split by lines of business.
Should not include non–technical expenses such as tax, interest expenses, losses on disposals, etc.




C0140/R1300


Total expenses


Amount of all technical expenses corresponding to countries covered by this template.





Life insurance obligations



 


 




C0160 to C0200/R1400


Top 5 countries (by amount of gross premiums written) – life obligations


Identify the ISO 3166–1 alpha–2 code of the countries being disclosed for the life obligations.




C0220 to C0280/R1410


Premiums written – Gross


Definition of premiums written provided in application of Directive 91/674/EEC where applicable: gross premiums written shall comprise all amounts due during the financial year in respect of insurance contracts, arising from gross business, regardless of the fact that such amounts may relate in whole or in part to a later financial year.
Amount of taxes or charges should be excluded from the written premiums.




C0220 to C0280/R1420


Premiums written – Reinsurers’ share


Definition of premiums written provided in application of Directive 91/674/EEC where applicable: gross premiums written shall comprise all amounts ceded to reinsurers due during the financial year in respect of insurance contracts regardless of the fact that such amounts may relate in whole or in part to a later financial year.
Amount of taxes or charges should be excluded from the written premiums.




C0220 to C0280/R1500


Premiums written – net


Definition of premiums written provided in application of Directive 91/674/EEC where applicable: the net premiums written represent the sum of the direct business and the accepted reinsurance business reduced by the amount ceded to reinsurance undertakings.
Amount of taxes or charges levied with premiums should be excluded from the written premiums.




C0220 to C0280/R1510


Premiums earned – Gross


Definition of earned premiums provided in Directive 91/674/EEC where applicable: it is the sum of gross premiums written minus the change in the gross provision for unearned premiums related to direct and reinsurance accepted gross business.
Amount of taxes or charges levied with premiums should be excluded from the earned premiums.




C0220 to C0280/R1520


Premiums earned – reinsurers’ share


Definition of earned premiums provided in Directive 91/674/EEC where applicable: it is the reinsurer’s share in gross premiums written minus the change in the reinsurer’s share in provision for unearned premiums.
Amount of taxes or charges levied with premiums should be excluded from the earned premiums.




C0220 to C0280/R1600


Premiums earned – Net


Definition of earned premiums provided in Directive 91/674/EEC where applicable: it is the sum of gross premiums written minus the change in the gross provision for unearned premiums related to the sum of the direct business and the accepted reinsurance business reduced by the amount ceded to reinsurance undertakings.
Amount of taxes or charges levied with premiums should be excluded from the earned premiums.




C0220 to C0280/R1610


Claims incurred – Gross


Claims incurred in the reporting period as defined in Directive 91/674/EEC where applicable: the claims incurred means the sum of the claims paid and the change in the provision for claims during the financial year related to insurance contracts arising from the gross direct and reinsurance business.
It excludes claims management expenses and the movement in provisions in claims management expenses.




C0220 to C0280/R1620


Claims incurred – Reinsurers’ share


Claims incurred in the reporting period as defined in Directive 91/674/EEC where applicable: it is the reinsurers’ share in the sum of the claims paid and the change in the provision for claims during the financial year.
It excludes claims management expenses and the movement in provisions in claims management expenses.




C0220 to C0280/R1700


Claims incurred – Net


Claims incurred in the reporting period as defined in Directive 91/674/EEC where applicable: the claims incurred means the sum of the claims paid and the change in the provision for claims during the financial year related to the sum of the direct business and the accepted reinsurance business reduced by the amount ceded to reinsurance undertakings.
It excludes claims management expenses and the movement in provisions in claims management expenses.




C0220 to C0280/R1900


Expenses incurred


All technical expenses incurred by the group during the reporting period, on accrual basis.




C0280/R2500


Balance- other technical expenses/income


Net technical expenses/income not covered by above mentioned expenses and not split by lines of business.
Should not include non–technical expenses/income such as tax, interest expenses, losses on disposals, etc.




C0280/R2600


Total expenses


Amount of all technical expenses corresponding to countries covered by this template.




C0220 to C0280/R2700


Total amount of surrenders


This amount represents the total amount of surrenders occurred during the year.
This amount is also disclosed under claims incurred (item R1610).






S.22.01 – Impact of long term guarantees measures and transitional



General comments:

This section relates to the annual disclosure of information for groups.
This template is relevant when at least one long term guarantee measure or transitional is used by any undertaking within the scope of group supervision.
This template shall reflect the impact on the financial positions when no transitional is used and each LTG measures or transitional is set to zero. For that purpose, a step–by–step approach should be followed taking out each transitional and LTG measure one by one and without recalculating the impact of the remaining measures after each step.
The impacts need to be disclosed positive if they increase the amount of the item being disclosed and negative if they decrease the amount of the item (e.g. if amount of SCR increases or if amount of Own Funds increases then positive values should be disclosed).
The amounts disclosed in this template shall be net of Intra Group Transactions.







 


ITEM


INSTRUCTIONS





Technical provisions



 


 




C0010/R0010


Amount with Long Term Guarantee measures and transitionals – Technical Provisions


Total amount of gross technical provisions including long term guarantee measures and transitional measures.




C0030/R0010


Impact of transitional on technical provisions – Technical provisions


Amount of the adjustment to the gross technical provisions due to the application of the transitional on technical provisions.
It shall be the difference between the technical provisions without transitional deduction on technical provisions and the technical provisions with LTG and transitional measures.




C0050/R0010


Impact of transitional on interest rate – Technical provisions


Amount of the adjustment to the gross technical provisions due to the application of the transitional adjustment to the relevant risk-free interest rate term structure.
It shall be the difference between the technical provisions without transitional adjustment to the relevant risk-free interest rate term structure and the technical provisions without transitional on technical provisions.




C0070/R0010


Impact of volatility adjustment set to zero – Technical provisions


Amount of the adjustment to the gross technical provisions due to the application of the volatility adjustment. It shall reflect the impact of setting the volatility adjustment to zero.
It shall be the difference between the technical provisions without volatility adjustment and without other transitional measures and the technical provisions without transitional adjustment to the relevant risk free interest rate term structure.




C0090/R0010


Impact of matching adjustment set to zero – Technical Provisions


Amount of the adjustment to the gross technical provisions due to the application of the matching adjustment. It shall include the impact of setting the volatility adjustment and the matching adjustment to zero.
It shall be the difference between the technical provisions without matching adjustment and without all the other transitional measures and the technical provisions without volatility adjustment and without other transitional measures.




C0010/R0020


Amount with Long Term Guarantee measures and transitionals – Basic own funds


Total amount of basic own funds calculated considering technical provisions including the adjustments due to the long term guarantee measures and transitional measures




C0030/R0020


Impact of transitional on technical provisions – Basic own funds


Amount of the adjustment to the Basic own funds due to the application of the transitional deduction to technical provisions.
It shall be the difference between the basic own funds calculated considering technical provisions without transitional deduction to technical provisions and the basic own funds calculated considering technical provisions with LTG and transitional measures.




C0050/R0020


Impact of transitional on interest rate – Basic own funds


Amount of the adjustment to the basic own funds due to the application of the transitional adjustment to the relevant risk-free interest rate term structure.
It shall be the difference between the basic own funds calculated considering the technical provisions without transitional adjustment to the relevant risk-free interest rate term structure and the basic own funds calculated with the technical provisions without transitional on technical provisions.




C0070/R0020


Impact of volatility adjustment set to zero – Basic own funds


Amount of the adjustment to the Basic own funds due to the application of the volatility adjustment. It shall reflect the impact of setting the volatility adjustment to zero.
It shall be the difference between the basic own funds considering technical provisions without volatility adjustment and without other transitional measures and the basic own funds considering technical provisions without transitional adjustment to the relevant risk free interest rate term structure.




C0090/R0020


Impact of matching adjustment set to zero – Basic own funds


Amount of the adjustment to the basic own funds due to the application of the matching adjustment. It shall include the impact of setting the volatility adjustment and the matching adjustment to zero.
It shall be the difference between the basic own funds considering technical provisions without matching adjustment and without all the other transitional measures and the basic own funds considering technical provisions without volatility adjustment and without other transitional measures.




C0010/R0050


Amount with Long Term Guarantee measures and transitionals – Eligible own funds to meet Solvency Capital Requirement


Total amount of eligible own funds to meet the solvency capital requirement (‘SCR’) calculated considering technical provisions including the adjustments due to the long term guarantee measures and transitional measures.




C0030/R0050


Impact of transitional on technical provisions – Eligible own funds to meet Solvency Capital Requirement


Amount of the adjustment to the eligible own funds to meet SCR due to the application of the transitional deduction to technical provisions.
It shall be the difference between the eligible own funds to meet SCR calculated considering technical provisions without transitional deduction to technical provisions and the eligible own funds to meet SCR calculated considering technical provisions with LTG and transitional measures.




C0050/R0050


Impact of transitional on interest rate – Eligible own funds to meet Solvency Capital Requirement


Amount of the adjustment to the eligible own funds to meet SCR due to the application of the transitional adjustment to the relevant risk-free interest rate term structure.
It shall be the difference between the eligible own funds to meet SCR calculated considering the technical provisions without transitional adjustment to the relevant risk-free interest rate term structure and the eligible own funds to meet SCR calculated considering the technical provisions without transitional on technical provisions.




C0070/R0050


Impact of volatility adjustment set to zero – Eligible own funds to meet Solvency Capital Requirement


Amount of the adjustment to the eligible own funds to meet SCR due to the application of the volatility adjustment. It shall reflect the impact of setting the volatility adjustment to zero.
It shall be the difference between the eligible own funds to meet SCR considering technical provisions without volatility adjustment and without other transitional measures and the eligible own funds to meet SCR considering technical provisions without transitional adjustment to the relevant risk free interest rate term structure.




C0090/R0050


Impact of matching adjustment set to zero – Eligible own funds to meet Solvency Capital Requirement


Amount of the adjustment to the eligible own funds to meet SCR due to the application of the matching adjustment. It shall include the impact of setting the volatility adjustment and the matching adjustment to zero.
It shall be the difference between the eligible own funds to meet SCR calculated considering technical provisions without matching adjustment and without all the other transitional measures and eligible own funds to meet SCR considering technical provisions without volatility adjustment and without other transitional measures.




C0010/R0090


Amount with Long Term Guarantee measures and transitionals – Solvency Capital Requirement


Total amount of SCR calculated considering technical provisions including the adjustments due to the long term guarantee measures and transitional measures




C0030/R0090


Impact of transitional on technical provisions – Solvency Capital Requirement


Amount of the adjustment to the SCR due to the application of the transitional deduction to technical provisions.
It shall be the difference between the SCR calculated considering technical provisions without transitional deduction to technical provisions and the SCR calculated considering technical provisions with LTG and transitional measures.




C0050/R0090


Impact of transitional on interest rate – Solvency Capital Requirement


Amount of the adjustment to the SCR due to the application of the transitional adjustment to the relevant risk-free interest rate term structure.
It shall be the difference between the SCR calculated considering the technical provisions without transitional adjustment to the relevant risk-free interest rate term structure and the SCR calculated with the technical provisions without transitional on technical provisions.




C0070/R0090


Impact of volatility adjustment set to zero – Solvency Capital Requirement


Amount of the adjustment to the SCR due to the application of the volatility adjustment. It shall reflect the impact of setting the volatility adjustment to zero.
It shall be the difference between the SCR considering technical provisions without volatility adjustment and without other transitional measures and the SCR considering technical provisions without transitional adjustment to the relevant risk free interest rate term structure.




C0090/R0090


Impact of matching adjustment set to zero – Solvency Capital Requirement


Amount of the adjustment to the SCR due to the application of the matching adjustment. It shall include the impact of setting the volatility adjustment and the matching adjustment to zero.
It shall be the difference between the SCR calculated considering technical provisions without matching adjustment and without all the other transitional measures and the SCR calculated considering technical provisions without volatility adjustment and without other transitional measures.






S.23.01 – Own Funds



General comments:

This section relates to the opening, quarterly and annual disclosure of information for groups.
The template is applicable under all three calculation methods for group solvency capital requirement. Since most of the items are applicable to the part of the group that is covered by method 1 (Accounting consolidation-based method), the items applicable when method 2 (Deduction and Aggregation method or D&A method) is used, exclusively or in combination with method 1, are clearly identified in the instructions.







 


ITEM


INSTRUCTIONS




R0010/C0010


Ordinary share capital (gross of own shares) – total


This is the total ordinary share capital, both held directly and indirectly (before deduction of own shares). This is the total ordinary share capital of the group that fully satisfies the criteria for Tier 1 or Tier 2 items. Any ordinary share capital that does not fully satisfy the criteria shall be treated as preference shares capital and classified accordingly notwithstanding their description or designation.




R0010/C0020


Ordinary share capital (gross of own shares) – tier 1 unrestricted


This is the amount of paid up ordinary share capital that meets unrestricted Tier 1 criteria.




R0010/C0040


Ordinary share capital (gross of own shares) – tier 2


This is the amount of called up ordinary share capital that meets the criteria for Tier 2.




R0020/C0010


Non–available called but not paid in ordinary share capital to be deducted at group level— total


This is the total amount of called but not paid in ordinary share capital, which is deemed non–available as defined in Article 222(2)–(5) of Directive 2009/138/EC and has to be deducted as per Article 330 of Delegated Regulation (EU) 2015/35.




R0020/C0020


Non–available called but not paid in ordinary share capital to be deducted at group level – tier 1 unrestricted


This is the total amount of called but not paid in ordinary share capital which is deemed non–available as defined in Article 222(2)–(5) of Directive 2009/138/EC that meets tier 1 unrestricted criteria and is to be deducted according to Article 330 of Delegated Regulation (EU) 2015/35.




R0020/C0040


Non–available called but not paid in ordinary share capital to be deducted at group level –tier 2


This is the amount of called but not paid in ordinary share capital which is deemed non–available as defined in Article 222(2)–(5) of Directive 2009/138/EC which meets the criteria for Tier 2 and has to be deducted as per Article 330 of Delegated Regulation (EU) 2015/35.




R0030/C0010


Share premium account related to ordinary share capital – total


The total share premium account related to ordinary share capital that fully satisfies the criteria for Tier 1 or Tier 2 items.




R0030/C0020


Share premium account related to ordinary share capital – tier 1 unrestricted


This is the amount of the share premium account related to ordinary shares that meets the criteria for Tier 1 unrestricted because it relates to ordinary share capital treated as unrestricted Tier 1.




R0030/C0040


Share premium account related to ordinary share capital – tier 2


This is the amount of the share premium account related to ordinary shares that meets the criteria for Tier 2 because it relates to ordinary share capital treated as Tier 2.




R0040/C0010


Initial funds, members’ contributions or the equivalent basic own fund item for mutual and mutual–type undertakings – total


The initial funds, members’ contributions or the equivalent basic own fund item for mutual and mutual–type undertakings that fully satisfies the criteria for Tier 1 or Tier 2 items.




R0040/C0020


Initial funds, members’ contributions or the equivalent basic own fund item for mutual and mutual–type undertakings – tier 1 unrestricted


This is the amount of the initial funds, members’ contributions or the equivalent basic own fund item for mutual and mutual–type undertakings that meets the criteria for Tier 1 unrestricted.




R0040/C0040


Initial funds, members’ contributions or the equivalent basic own fund item for mutual and mutual–type undertakings – tier 2


This is the amount of the initial funds, members’ contributions or the equivalent basic own fund item for mutual and mutual–type undertakings that meets Tier 2 criteria.




R0050/C0010


Subordinated mutual member accounts – total


This is the total amount of subordinated mutual member accounts that fully satisfy the criteria for Tier 1 restricted, Tier 2 or Tier 3 items.




R0050/C0030


Subordinated mutual member accounts – tier 1 restricted


This is the amount of subordinated mutual member accounts that meet the criteria for Tier 1 restricted.




R0050/C0040


Subordinated mutual member accounts – tier 2


This is the amount of subordinated mutual member accounts that meet the criteria for Tier 2.




R0050/C0050


Subordinated mutual member accounts – tier 3


This is the amount of subordinated mutual member accounts that meet the criteria for Tier 3.




R0060/C0010


Non–available subordinated mutual member accounts at group level to be deducted – total


This is the total amount of subordinated mutual member accounts which are deemed non–available as defined in Article 222(2)–(5) of Directive 2009/138/EC and has to be deducted as per Article 330 of Delegated Regulation (EU) 2015/35.




R0060/C0030


Non–available subordinated mutual member accounts at group level to be deducted— tier 1 restricted


This is the amount of subordinated mutual member accounts which are deemed non–available as defined in Article 222(2)–(5) of Directive 2009/138/EC that meet the criteria for Tier 1 restricted and has to be deducted as per Article 330 of Delegated Regulation (EU) 2015/35.




R0060/C0040


Non–available subordinated mutual member accounts at group level to be deducted – tier 2


This is the amount of subordinated mutual member accounts which are deemed non–available as defined in Article 222(2)–(5) of Directive 2009/138/EC that meet the criteria for Tier 2 and has to be deducted as per Article 330 of Delegated Regulation (EU) 2015/35.




R0060/C0050


Non–available subordinated mutual member accounts at group level to be deducted— tier 3


This is the amount of subordinated mutual member accounts which are deemed non–available as defined in Article 222(2)–(5) of Directive 2009/138/EC that meet the criteria for Tier 3 and has to be deducted as per Article 330 of Delegated Regulation (EU) 2015/35.




R0070/C0010


Surplus funds – total


This is the total amount of surplus funds that fall under Article 91(2) of Directive 2009/138/EC.




R0070/C0020


Surplus funds – tier 1 unrestricted


These are the surplus funds that fall under Article 91(2) of Directive 2009/138/EC and that meet the criteria for Tier 1 unrestricted items.




R0080/C0010


Non–available surplus funds to be deducted at group level–total


This is the total amount of surplus funds which are deemed non–available as defined in Article 222(2)–(5) of Directive 2009/138/EC and has to be deducted as per Article 330 of Delegated Regulation (EU) 2015/35.




R0080/C0020


Non–available surplus funds to be deducted at group level – tier 1 unrestricted


This is the amount of surplus funds that are deemed non–available as defined in Article 222(2)–(5) of Directive 2009/138/EC that meet the criteria for Tier 1 unrestricted items and has to be deducted as per Article 330 of Delegated Regulation (EU) 2015/35.




R0090/C0010


Preference shares – total


This is the total amount of preference shares issued that fully satisfy the criteria for Tier 1 restricted, Tier 2 or Tier 3 items.




R0090/C0030


Preference shares – tier 1 restricted


This is the amount of the preference shares issued that meet the criteria for Tier 1 restricted.




R0090/C0040


Preference shares – tier 2


This is the amount of the preference shares issued that meet the criteria for Tier 2.




R0090/C0050


Preference shares – tier 3


This is the amount of the preference shares issued that meet the criteria for Tier 3.




R0100/C0010


Non–available preference shares to be deducted at group level – total


This is the total amount of preference shares which are deemed non–available as defined in Article 222(2)–(5) of Directive 2009/138/EC and has to be deducted as per Article 330 of Delegated Regulation (EU) 2015/35.




R0100/C0030


Non–available preference shares to be deducted at group level – tier 1 Restricted


This is the amount of preference shares which are deemed non – available as defined in Article 222(2)–(5) of Directive 2009/138/EC that meet the criteria for Tier 1 restricted items and has to be deducted as per Article 330 of Delegated Regulation (EU) 2015/35.




R0100/C0040


Non–available preference shares to be deducted at group level – tier 2


This is the amount of preference shares which are deemed non–available as defined in Article 222(2)–(5) of Directive 2009/138/EC that meet the criteria for Tier 2 and has to be deducted as per Article 330 of Delegated Regulation (EU) 2015/35.




R0100/C0050


Non–available preference shares to be deducted at group level – tier 3


This is the amount of preference shares which are deemed non–available as defined in Article 222(2)–(5) of Directive 2009/138/EC that meet the criteria for Tier 3 and has to be deducted as per Article 330 of Delegated Regulation (EU) 2015/35.




R0110/C0010


Share premium account related to preference shares – total


The total share premium account related to preference shares capital that fully satisfies the criteria for Tier 1 restricted, Tier 2 or Tier 3 items.




R0110/C0030


Share premium account related to preference shares – tier 1 restricted


This is the amount of the share premium account that relates to preference shares that meet the criteria for Tier 1 restricted items because it relates to preference shares treated as Tier 1 restricted items.




R0110/C0040


Share premium account related to preference shares – tier 2


This is the amount of the share premium account that relates to preference shares that meets the criteria for Tier 2 because it relates to preference shares treated as Tier 2.




R0110/C0050


Share premium account related to preference shares – tier 3


This is the amount of the share premium account that relates to preference shares that meets the criteria for Tier 3 because it relates to preference shares treated as Tier 3.




R0120/C0010


Non–available share premium account related to preference shares to be deducted at group level – total


This is the total amount of the share premium account relating to preference shares that is deemed non–available as defined in Article 222(2)–(5) of Directive 2009/138/EC and has to be deducted as per Article 330 of Delegated Regulation (EU) 2015/35.




R0120/C0030


Non–available share premium account related to preference shares to be deducted at group level – tier 1 restricted


This is the amount of the share premium account relating to preference shares that is deemed non–available as defined in Article 222(2)–(5) of Directive 2009/138/EC which meets the criteria for Tier 1 restricted items and has to be deducted as per Article 330 of Delegated Regulation (EU) 2015/35.




R0120/C0040


Non–available share premium account related to preference shares to be deducted at group level – tier 2


This is the amount of the share premium account relating to preference shares that is deemed non–available as defined in Article 222(2)–(5) of Directive 2009/138/EC that meets the criteria for Tier 2 and has to be deducted as per Article 330 of the Delegated Regulation (EU) 2015/35.




R0120/C0050


Non–available share premium account related to preference shares to be deducted at group level – tier 3


This is the amount of the share premium account relating to preference shares that is deemed non–available as defined in Article 222(2)–(5) of Directive 2009/138/EC that meets the criteria for Tier 3 and has to be deducted as per Article 330 of Delegated Regulation (EU) 2015/35.




R0130/C0010


Reconciliation reserve – total


The total reconciliation reserve represents reserves (e.g. retained earnings), net of adjustments (e.g. ring–fenced funds). It results mainly from differences between accounting valuation and valuation as referred to in Article 75 of Directive 2009/138/EC.




R0130/C0020


Reconciliation reserve – tier 1 unrestricted


The reconciliation reserve represents reserves (e.g. retained earnings), net of adjustments (e.g. ring–fenced funds). It results mainly from differences between accounting valuation and valuation s referred to in Directive 2009/138/EC.




R0140/C0010


Subordinated liabilities – total


This is the total amount of subordinated liabilities.




R0140/C0030


Subordinated liabilities – tier 1 restricted


This is the amount of subordinated liabilities that meet the criteria for Tier 1 restricted items.




R0140/C0040


Subordinated liabilities – tier 2


This is the amount of subordinated liabilities that meet the criteria for Tier 2.




R0140/C0050


Subordinated liabilities – tier 3


This is the amount of subordinated liabilities that meet the criteria for Tier 3.




R0150/C0010


Non–available subordinated liabilities to be deducted at group level – total


This is the total amount of subordinated liabilities that are deemed non–available as defined in Article 222(2)–(5) of Directive 2009/138/EC and has to be deducted as per Article 330 of Delegated Regulation (EU) 2015/35.




R0150/C0030


Non–available subordinated liabilities to be deducted at group level – tier 1 restricted


This is the amount of subordinate liabilities that are deemed non–available as defined in Article 222(2)–(5) of Directive 2009/138/EC that meet the criteria for Tier 1 restricted items and has to be deducted as per Article 330 of Delegated Regulation (EU) 2015/35.




R0150/C0040


Non–available subordinated liabilities to be deducted at group level – tier 2


This is the amount of subordinated liabilities that are deemed non–available as defined in Article 222(2)–(5) of Directive 2009/138/EC that meet the criteria for Tier 2 and has to be deducted as per Article 330 of Delegated Regulation (EU) 2015/35.




R0150/C0050


Non–available subordinated liabilities to be deducted at group level – tier 3


This is the amount of subordinated liabilities that are deemed non–available as defined in Article 222(2)–(5) of Directive 2009/138/EC that meet the criteria for Tier 3 and has to be deducted as per Article 330 of Delegated Regulation (EU) 2015/35.




R0160/C0010


An amount equal to the value of net deferred tax assets – total


This is the total amount of net deferred tax assets.




R0160/C0050


An amount equal to the value of net deferred tax assets – tier 3


This is the amount of net deferred tax assets that meet the tier 3 classification criteria.




R0170/C0010


An amount equal to the value of net deferred tax assets not available to be deducted at group level –total


This is the total amount of net deferred tax assets which are deemed non–available as defined in Article 222(2)–(5) of Directive 2009/138/EC and has to be deducted as per Article 330 of Delegated Regulation (EU) 2015/35.




R0170/C0050


An amount equal to the value of net deferred tax assets not available to be deducted at group level – Tier 3


This is the amount of net deferred tax assets which are deemed non–available as defined in Article 222(2)–(5) of Directive 2009/138/EC that meet the criteria for Tier 3 and has to be deducted as per Article 330 of Delegated Regulation (EU) 2015/35.




R0180/C0010


Other own fund items approved by the supervisory authority as basic own funds not specified above


This is the total of basic own fund items not identified above and that received supervisory approval.




R0180/C0020


Other own fund items approved by the supervisory authority as basic own funds not specified above – tier 1 unrestricted


This is the amount of basic own fund items not identified above that meet Tier 1 unrestricted criteria and that received supervisory approval.




R0180/C0030


Other own fund items approved by the supervisory authority as basic own funds not specified above – Tier 1 restricted


This is the amount of basic own fund items not identified above which meet the criteria for Tier 1, restricted items and that received supervisory approval.




R0180/C0040


Other own fund items approved by the supervisory authority as basic own funds not specified above – tier 2


This is the amount of basic own fund items not identified above that meet the criteria for Tier 2 and that received supervisory approval.




R0180/C0050


Other own fund items approved by the supervisory authority as basic own funds not specified above – tier 3


This is the amount of basic own fund items not identified above that meet the criteria for Tier 3 and that received supervisory approval.




R0190/C0010


Not–available own funds related to other items approved by supervisory authority as basic own funds not specified above to be deducted- total


This is the total amount of own fund items related to Other items approved by supervisory authority as basic own funds not specified above which are deemed non–available, as defined in Article 222(2)–(5) of Directive 2009/138/EC and have to be deducted as per Article 330 of Delegated Regulation (EU) 2015/35.




R0190/C0020


Non–available own funds related to other items approved by supervisory authority as basic own funds not specified above to be deducted- tier 1 unrestricted items


This is the amount of own fund items related to other items approved by supervisory authority as basic own funds not specified above which are deemed non–available as defined in Article 222(2)–(5) of Directive 2009/138/EC that meet the criteria for Tier 1 unrestricted items and have to be deducted as per Article 330 of Delegated Regulation (EU) 2015/35.




R0190/C0030


Non–available own funds related to other items approved by supervisory authority as basic own funds not specified above to be deducted – tier 1 restricted items


This is the amount of own fund items related to other items approved by supervisory authority as basic own funds not specified above which are deemed non–available as defined in Article 222(2)–(5) of Directive 2009/138/EC that meet the criteria for Tier 1 restricted items and have to be deducted as per Article 330 of Delegated Regulation (EU) 2015/35.




R0190/C0040


Non–available own funds related to other items approved by supervisory authority as basic own funds not specified above to be deducted – tier 2


This is the amount of own fund items related to other items approved by supervisory authority as basic own funds not specified above which are deemed non–available as defined in Article 222(2)–(5) of Directive 2009/138/EC that meet the criteria for Tier 2 and have to be deducted as per Article 330 of Delegated Regulation (EU) 2015/35.




R0190/C0050


Non–available own funds related to other items approved by supervisory authority as basic own funds not specified above to be deducted – tier 3


This is the amount of own fund items related to other items approved by supervisory authority as basic own funds not specified above which are deemed non–available as defined in Article 222(2)–(5) of Directive 2009/138/EC that meet the criteria for Tier 3 and have to be deducted as per Article 330 of Delegated Regulation (EU) 2015/35.




R0200/C0010


Minority interests at group level– total


This is the total of minority interests in the group being disclosed upon.




R0200/C0020


Minority interests at group level– tier 1 unrestricted


The amount of minority interests in the group being disclosed upon that meets the criteria for Tier 1 unrestricted items.




R0200/C0030


Minority interests at group level– tier 1 restricted


The amount of minority interests in the group being disclosed upon that meets the criteria for Tier 1 restricted items.




R0200/C0040


Minority interests at group level– tier 2


The amount of minority interests in the group being disclosed upon that meets the criteria for Tier 2.




R0200/C0050


Minority interests at group level– tier 3


The amount of minority interests in the group being disclosed upon that meets the criteria for Tier 3.




R0210/C0010


Non available minority interests to be deducted at group level – total


This is the total amount of minority interests which are deemed non–available as defined in Article 222(2)–(5) of the Directive 2009/138/EC and have to be deducted as per Article 330 of Delegated Regulation (EU) 2015/35.




R0210/C0020


Non available minority interests to be deducted at group level – tier 1 unrestricted


This is the amount of minority interests which are deemed non–available as defined in Article 222(2)–(5) of Directive 2009/138/EC that meet the criteria for Tier 1 unrestricted and have to be deducted as per Article 330 of Delegated Regulation (EU) 2015/35.




R0210/C0030


Non available minority interests to be deducted at group level – tier 1 restricted


This is the amount of minority interests which are deemed non–available as defined in Article 222(2)–(5) of Directive 2009/138/EC that meet the criteria for Tier 1 restricted and have to be deducted as per Article 330 of Delegated Regulation (EU) 2015/35.




R0210/C0040


Non available minority interests to be deducted at group level – tier 2


This is the amount of minority interests which are deemed non–available as defined in Article 222(2)–(5) of Directive 2009/138/EC that meet the criteria for Tier 2 and have to be deducted as per Article 330 of Delegated Regulation (EU) 2015/35.




R0210/C0050


Non available minority interests to be deducted at group level – tier 3


This is the amount of minority interests which are deemed non–available as defined in Article 222(2)–(5) of Directive 2009/138/EC that meet the criteria for Tier 3 and have to be deducted as per Article 330 of Delegated Regulation (EU) 2015/35.





Own funds from the financial statements that should not be represented by the reconciliation reserve and do not meet the criteria to be classified as Solvency II own funds



 


 




R0220/C0010


Own funds from the financial statements that shall not be represented by the reconciliation reserve and do not meet the criteria to be classified as Solvency II own funds – total


This is the total amount of own fund items from financial statements that are not represented by the reconciliation reserve and do not meet the criteria to be classified as Solvency II own funds.
These own fund items are either:






(a)


items that appear in the lists of own fund items, but fail to meet the classification criteria or the transitional provisions; or










(b)


items intended to perform the role of own funds that are not on the list of own fund items and have not been approved by the supervisory authority, and do not appear on the balance sheet as liabilities.




Subordinated liabilities which do not count as basic own funds shall not be disclosed here, but on the balance sheet (template S.02.01) as subordinated liabilities that do not count as basic own funds.





Deductions



 


 




R0230/C0010


Deductions for participations in other financial undertakings, including non–regulated undertakings carrying out financial activities – total


This is the total deduction for participations in credit institutions, investment firms, financial institutions, alternative investment fund managers, UCITS management companies, institutions for occupational retirement provisions, non–regulated financial entities carrying out financial activities, including the participations that are deducted according to Article 228, paragraph 2 of Directive 2009/138/EC.
Those participations are deducted from basic own funds and added back as own funds according to the relevant sectoral rules in the rows from R0410 to R0440.




R0230/C0020


Deductions for participations in other financial undertakings, including non–regulated undertakings carrying out financial activities – tier 1 unrestricted


This is the deduction of the participations in credit institutions, investment firms, financial institutions, alternative investment fund managers, (‘UCITS’) management companies, institutions for occupational retirement provisions, non–regulated financial entities carrying out financial activities, including the participations that are deducted according to Article 228, paragraph 2 of Directive 2009/138/EC (to be showed separately in the row R0240).
Those participations are deducted from basic own funds and added back as own funds according to the relevant sectoral rules in the rows from R0410 to R0440— tier 1 unrestricted items.




R0230/C0030


Deductions for participations in other financial undertakings, including non–regulated undertakings carrying out financial activities – tier 1 restricted


This is the deduction of the participations in credit institutions, investment firms, financial institutions, alternative investment fund managers, UCITS management companies, institutions for occupational retirement provisions, non–regulated financial entities carrying out financial activities, including the participations that are deducted according to Article 228, paragraph 2 of Directive 2009/138/EC.
Those participations are deducted from basic own funds and added back as own funds according to the relevant sectoral rules in the rows from R0410 to R0440— tier 1 restricted items.




R0230/C0040


Deductions for participations in other financial undertakings, including non–regulated undertakings carrying out financial activities – tier 2


This is the deduction of the participations in credit institutions, investment firms, financial institutions, alternative investment fund managers, UCITS management companies, institutions for occupational retirement provisions, non–regulated financial entities carrying out financial activities including the participations that are deducted according to Article 228, paragraph 2 of Directive 2009/138/EC.
Those participations are deducted from basic own funds and added back as own funds according to the relevant sectoral rules in the rows from R0410 to R0440— tier 2.




R0240/C0010


whereof deducted according to art 228 of the Directive 2009/138/ EC– total


This is the total value of participations deducted according to Article 228, paragraph 2 of the Directive 2009/138/EC, as part of the value disclosed in row R0230 – total




R0240/C0020


whereof deducted according to art 228 of the Directive 2009/138/EC – tier 1 unrestricted


This is the value of participations that are deducted according to Article 228, paragraph 2 of Directive 2009/138/EC, as part of the value disclosed in row R0230 – tier 1 unrestricted.




R0240/C0030


whereof deducted according to art 228 of the Directive 2009/138/EC – tier 1 restricted


This is the value of participations deducted according to Article 228, paragraph 2 of Directive 2009/138/EC, as part of the value disclosed in row R0230 – tier 1 restricted




R0240/C0040


whereof deducted according to art 228 of the Directive 2009/138/EC – tier 2


This is the value of participations deducted according to Article 228, paragraph 2 of Directive 2009/138/EC, as part of the value disclosed in row R0230 – tier 2




R0250/C0010


Deductions for participations where there is non–availability of information (Article 229) – total


This is the total deduction of the participations in related undertakings when the information necessary for calculating the group solvency is not available, according to Article 229 of Directive 2009/138/EC.




R0250/C0020


Deductions for participations where there is non–availability of information (Article 229) – tier 1 unrestricted


This is the deduction of the participations in related undertakings when the information necessary for calculating the group solvency is not available, according to Article 229 of the Directive 2009/138/EC) – tier 1 unrestricted.




R0250/C0030


Deductions for participations where there is non–availability of information (Article 229) – tier 1 restricted


This is the deduction of the participations in related undertakings when the information necessary for calculating the group solvency is not available, according to Article 229 of Directive 2009/138/EC – tier 1 restricted.




R0250/C0040


Deductions for participations where there is non–availability of information (Article 229) – tier 2


This is the deduction of the participations in related undertakings when the information necessary for calculating the group solvency is not available, according to Article 229 of Directive 2009/138/EC, Tier 2.




R0250/C0050


Deductions for participations where there is non–availability of information (Article 229) – tier 3


This is the deduction of the participations in related undertakings when the information necessary for calculating the group solvency is not available, according to Article 229 of Directive 2009/138/EC, Tier 3.




R0260/C0010


Deduction for participations included via Deduction and Aggregation method when the combination of methods is used – total


This is the total deduction of the participations in related undertakings included with the Deduction and Aggregation method when the combination of methods is used.




R0260/C0020


Deduction for participations included via Deduction and Aggregation method when the combination of methods is used – tier 1 unrestricted


This is the deduction of the participations in related undertakings included with the Deduction and Aggregation method when the combination of methods is used – tier 1 unrestricted.




R0260/C0030


Deduction for participations included via Deduction and Aggregation method when the combination of methods is used – tier 1 restricted


This is the deduction of the participations in related undertakings included with the Deduction and Aggregation method when a combination of methods is used – tier 1 restricted.




R0260/C0040


Deduction for participations included via Deduction and Aggregation method when the combination of methods is used – tier 2


This is the deduction of the participations in related undertakings included with the Deduction and Aggregation method when the combination of methods is used – tier 2.




R0260/C0050


Deduction for participations included via Deduction and Aggregation method when combination of methods is used – tier 3


This is the deduction of the participations in related undertakings included with the Deduction and Aggregation method when the combination of methods is used – tier 3.




R0270/C0010


Total of non–available own fund items to be deducted— total


This is the total of non– available own fund items.




R0270/C0020


Total of non–available own fund items to be deducted – tier 1 unrestricted


This is the total amount of non– available own fund items – Tier 1 unrestricted.




R0270/C0030


Total of non–available own fund items to be deducted – tier 1 restricted


This is the non–available own fund items – tier 1 restricted items and has to be deducted as per Article 330 of Delegated Regulation (EU) 2015/35.




R0270/C0040


Total of non–available own fund items to be deducted – tier 2


This is the non–available own fund items— tier 2 and has to be deducted as per Article 330 of Delegated Regulation (EU) 2015/35.




R0270/C0050


Total of non–available own fund items to be deducted – tier 3


This is the non–available own fund items – tier 3 and has to be deducted as per Article 330 of Delegated Regulation (EU) 2015/35.




R0280/C0010


Total deductions – total


This is the total amount of deductions not included in the reconciliation reserves.




R0280/C0020


Total deductions – tier 1 unrestricted


This is the amount of deductions from tier 1 unrestricted not included in the reconciliation reserves.




R0280/C0030


Total deductions – tier 1 restricted


This is the amount of deductions from tier 1 restricted not included in the reconciliation reserves.




R0280/C0040


Total deductions – tier 2


This is the amount of deductions from tier 2 not included in the reconciliation reserves.




R0280/C0050


Total deductions – tier 3


This is the amount of deductions from tier 3 not included in the reconciliation reserves.





Total basic own funds after deductions



 


 




R0290/C0010


Total basic own funds after deductions – total


This is the total amount of basic own fund items after deductions.




R0290/C0020


Total basic own funds after deductions – tier 1 unrestricted


This is the amount of basic own fund items after deductions that meet the criteria for Tier 1 unrestricted items.




R0290/C0030


Total basic own funds after deductions – tier 1 restricted


This is the amount of basic own fund items after adjustments that meet the criteria for Tier 1 restricted items.




R0290/C0040


Total basic own funds after deductions – tier 2


This is the amount of basic own fund items after adjustments that meet the criteria for Tier 2.




R0290/C0050


Total basic own funds after deductions – tier 3


This is the amount of basic own fund items after adjustments that meet the criteria for Tier 3.





Ancillary own funds



 


 




R0300/C0010


Unpaid and uncalled ordinary share capital callable on demand – total


This is the total amount of issued ordinary share capital that has not been called up or paid up but that is callable on demand.




R0300/C0040


Unpaid and uncalled ordinary share capital callable on demand – tier 2


This is the amount of issued ordinary share capital that has not been called up or paid up but that is callable on demand that meets the criteria for Tier 2.




R0310/C0010


Unpaid and uncalled initial funds, members’ contributions or the equivalent basic own fund item for mutual and mutual – type undertakings, callable on demand–total


This is the total amount of initial funds, members’ contributions or the equivalent basic own fund item for mutual and mutual–type undertakings that has not been called up or paid up but that is callable on demand.




R0310/C0040


Unpaid and uncalled initial funds, members’ contributions or the equivalent basic own fund item for mutual and mutual–type undertakings, callable on demand – tier 2


This is the amount of initial funds, members’ contributions or the equivalent basic own fund item for mutual and mutual–type undertakings that has not been called up or paid up but that is callable on demand that meets the criteria for Tier 2.




R0320/C0010


Unpaid and uncalled preference shares callable on demand – total


This is the total amount of preference shares that have not been called up or paid up but that are callable on demand.




R0320/C0040


Unpaid and uncalled preference shares callable on demand – tier 2


This is the amount of preference shares that have not been called up or paid up but that are callable on demand that meet the criteria for Tier 2.




R0320/C0050


Unpaid and uncalled preference shares callable on demand – tier 3


This is the amount of preference shares that have not been called up or paid up but that are callable on demand that meet the criteria for Tier 3




R0330/C0010


A legally binding commitment to subscribe and pay for subordinated liabilities on demand – total


This is the total amount of legally binding commitments to subscribe and pay for subordinated liabilities on demand.




R0330/C0040


A legally binding commitment to subscribe and pay for subordinated liabilities on demand – tier 2


This is the amount of legally binding commitments to subscribe and pay for subordinated liabilities on demand that meet the criteria for Tier 2.




R0330/C0050


A legally binding commitment to subscribe and pay for subordinated liabilities on demand – tier 3


This is the amount of legally binding commitments to subscribe and pay for subordinated liabilities on demand that meet the criteria for Tier 3.




R0340/C0010


Letters of credit and guarantees under Article 96 point (2) of Directive 2009/138/EC– total


This is the total amount of letters of credit and guarantees that are held in trust for the benefit of insurance creditors by an independent trustee and provided by credit institutions authorised in accordance with Directive 2006/48/EC.




R0340/C0040


Letters of credit and guarantees under Article 96 point (2) of Directive 2009/138/EC– tier 2


This is the amount of letters of credit and guarantees that are held in trust for the benefit of insurance creditors by an independent trustee and provided by credit institutions authorised in accordance with Directive 2006/48/EC that meet the criteria for Tier 2.




R0350/C0010


Letters of credit and guarantees other than under Article 96 point (2) of Directive 2009/138/ EC– total


This is the total amount of letters of credit and guarantees that satisfy criteria for Tier 2 or Tier 3, other than those that are held in trust for the benefit of insurance creditors by an independent trustee and provided by credit institutions authorised in accordance with Directive 2006/48/EC.




R0350/C0040


Letters of credit and guarantees other than under Article 96 point (2) of Directive 2009/138/EC – tier 2


This is the amount of letters of credit and guarantees that meet the criteria for Tier 2, other than those which are held in trust for the benefit of insurance creditors by an independent trustee and provided by credit institutions authorised in accordance with Directive 2006/48/EC.




R0350/C0050


Letters of credit and guarantees other than under Article 96 point (2) of Directive 2009/138/EC– tier 3


This is the amount of letters of credit and guarantees that meet the criteria for Tier 3, other than those which are held in trust for the benefit of insurance creditors by an independent trustee and provided by credit institutions authorised in accordance with Directive 2006/48/EC.




R0360/C0010


Supplementary members calls under first subparagraph of Article 96 point (3) of Directive 2009/138/EC– total


This is the total amount of any future claims which mutual or mutual–type associations of ship owners with variable contributions solely insuring risks listed in classes 6, 12 and 17 in Part A of Annex I may have against their members by way of a call for supplementary contributions, within the following 12 months.




R0360/C0040


Supplementary members calls under first subparagraph of Article 96 point (3) of Directive 2009/138/EC – tier 2


This is the amount of any future claims which mutual or mutual–type associations of ship owners with variable contributions solely insuring risks listed in classes 6, 12 and 17 in Part A of Annex I may have against their members by way of a call for supplementary contributions, within the following 12 months.




R0370/C0010


Supplementary members calls – other than under first subparagraph of Article 96 point (3) of Directive 2009/138/EC


This is the total amount of any future claims which mutual or mutual–type associations with variable contributions may have against their members by way of a call for supplementary contributions, within the following 12 months, other than those described in the first subparagraph of Article 96 point (3) of Directive 2009/138/EC.




R0370/C0040


Supplementary members calls – other than under first subparagraph of Article 96 point (3) of Directive 2009/138/EC – tier 2


This is the amount of any future claims which mutual or mutual–type associations of with variable contributions may have against their members by way of a call for supplementary contributions within the following 12 months, other than those described in the first subparagraph of Article 96 point (3) of Directive 2009/138/EC that meet the criteria for Tier 2.




R0370/C0050


Supplementary members calls – other than under first subparagraph of Article 96 point (3) of Directive 2009/138/EC – tier 3


This is the amount of any future claims which mutual or mutual–type associations with variable contributions may have against their members by way of a call for supplementary contributions within the following 12 months, other than those described in the first subparagraph of Article 96 point (3) of the Framework Directive 2009/138/EC that meet the criteria for Tier 3.




R0380/C0010


Non available ancillary own funds to be dedcuted at group level – total


This is the total amount of ancillary own funds which are deemed non–available as defined in Article 222(2)–(5) of Directive 2009/138/EC.




R0380/C0040


Non available ancillary own funds to be deducted at group level – tier 2


This is the amount of ancillary own funds which are deemed non–available as defined in Article 222(2)–(5) of Directive 2009/138/EC that meet the criteria for Tier 2.




R0380/C0050


Non available ancillary own funds to be deducted at group level – tier 3


This is the amount of ancillary own funds which are deemed non–available as defined in Article 222(2)–(5) of Directive 2009/138/EC that meet the criteria for Tier 3.




R0390/C0010


Other ancillary own funds – total


This is the total amount of other ancillary own funds.




R0390/C0040


Other ancillary own funds – tier 2


This is the amount of other ancillary own funds that meet criteria for Tier 2.




R0390/C0050


Other ancillary own funds – tier 3


This is the amount of other ancillary own funds that meet criteria for Tier 3.




R0400/C0010


Total ancillary own funds


This is the total amount of ancillary own fund items.




R0400/C0040


Total ancillary own funds tier 2


This is the amount of ancillary own fund items that meet the criteria for Tier 2.




R0400/C0050


Total ancillary own funds – tier 3


This is the amount of ancillary own fund items that meet the criteria for Tier 3.





Own funds of other financial sectors



 


 





The following items are applicable also in case of D&A method and combination of methods



 


 




R0410/C0010


Credit institutions, investment firms, financial institutions, alternative investment fund managers, UCITS management companies – total


Total of own funds in credit institutions, investment firms, financial institutions, alternative investment fund managers, UCITS management companies already net of any relevant Intragroup Transaction. Those items should be also deducted of any non–available own funds according to the relevant sectoral rules and deducted of own funds according to the second paragraph of Article 228 of Directive 2009/138/EC.




R0410/C0020


Credit institutions, investment firms, financial institutions, alternative investment fund managers, UCITS management companies – Tier 1 unrestricted


Own funds in credit institutions, investment firms, financial institutions, alternative investment fund managers, UCITS management companies already net of any relevant Intragroup Transaction – tier 1 unrestricted.
Those items should be also deducted of any non–available own funds according to the relevant sectoral rules and deducted of own funds according to the second paragraph of Article 228 of Directive 2009/138/EC.




R0410/C0030


Credit institutions, investment firms, financial institutions, alternative investment fund managers, UCITS management companies – Tier 1 restricted


Own funds in credit institutions, investment firms, financial institutions, alternative investment fund managers, UCITS management companies already net of any relevant Intragroup Transaction – tier 1 restricted.
The inclusion of other financial sectors follow Article 329 of Delegated Regulation (EU) 2015/35, if not deducted according to the second paragraph of Article 228 of Directive 2009/138/EC.




R0410/C0040


Credit institutions, investment firms, financial institutions, alternative investment fund managers, UCITS management companies – Tier 2


Own funds in credit institutions, investment firms, financial institutions, alternative investment fund managers, UCITS management companies already net of any relevant Intragroup Transaction – tier 2.
The inclusion of other financial sectors follow Article 329 of Delegated Regulation (EU) 2015/35, if not deducted according to the second paragraph of Article 228 of Directive 2009/138/EC.




R0420/C0010


Institutions for occupational retirement provision – total


Total of own funds in institutions for occupational retirement provision, already net of any relevant Intragroup Transaction. Those items should be also deducted of any non–available own funds according to the relevant sectoral rules and deducted of own funds according to the second paragraph of Article 228 of Directive 2009/138/EC.




R0420/C0020


Institutions for occupational retirement provision –tier 1 unrestricted


Own funds in institutions for occupational retirement provision, already net of any relevant Intragroup Transaction– tier 1 unrestricted.
Those items should be also deducted of any non–available own funds according to the relevant sectoral rules




R0420/C0030


Institutions for occupational retirement provision –tier 1 restricted


Own funds in institutions for occupational retirement provision, already net of any relevant Intragroup Transaction– tier 1 restricted.
Those items should be also deducted of any non–available own funds according to the relevant sectoral rules




R0420/C0040


Institutions for occupational retirement provision –tier 2


Own funds in institutions for occupational retirement provision, already net of any relevant Intragroup Transaction– tier 2.
Those items should be also deducted of any non–available own funds according to the relevant sectoral rules




R0420/C0050


Institutions for occupational retirement provision –tier 3


Own funds in institutions for occupational retirement provision, already net of any relevant Intragroup Transaction– tier 3.
Those items should be also deducted of any non–available own funds according to the relevant sectoral rules




R0430/C0010


Non–regulated undertakings carrying out financial activities – total


Total of own funds in non–regulated undertakings carrying out financial activities, already net of any relevant Intragroup Transaction. Those items should be also deducted of any non–available own funds according to the relevant sectoral rules and deducted of own funds according to the second paragraph of Article 228 of Directive 2009/138/EC.




R0430/C0020


Non–regulated undertakings carrying out financial activities – tier 1 unrestricted


Own funds in non–regulated undertakings carrying out financial activities, already net of any relevant Intragroup Transaction – tier 1 unrestricted.
Those items should be also deducted of any non–available own funds according to the relevant sectoral rules and deducted of own funds according to the second paragraph of Article 228 of Directive 2009/138/EC.




R0430/C0030


Non–regulated undertakings carrying out financial activities – tier 1 restricted


Own funds in non–regulated undertakings carrying out financial activities, already net of any relevant Intragroup Transaction – tier 1 restricted.
Those items should be also deducted of any non–available own funds according to the relevant sectoral rules and deducted of own funds according to the second paragraph of Article 228 of Directive 2009/138/EC.




R0430/C0040


Non–regulated undertkings carrying out financial activities – tier 2


Own funds in non–regulated undertakings carrying out financial activities, already net of any relevant Intragroup Transaction – tier 2.
Those items should be also deducted of any non–available own funds according to the relevant sectoral rules and deducted of own funds according to the second paragraph of Article 228 of Directive 2009/138/EC.




R0440/C0010


Total own funds of other financial sectors


Total of own funds in other financial sectors.
The value of the participation in the other financial sectors is deducted in R0230, and the own funds according to the own sectoral rule of own funds of such undertakings are reported in R0440




R0440/C0020


Total own funds of other financial sectors – tier 1 unrestricted


Total of own funds in other financial sectors – tier 1 unrestricted.
The value of the participation in the other financial sectors is deducted in R0230, and the own funds according to the own sectoral rule of own funds of such undertakings are reported in R0440




R0440/C0030


Total own funds of other financial sectors – tier 1 restricted


Total of own funds in other financial sectors – tier 1 restricted.
The value of the participation in the other financial sectors is deducted in R0230, and the own funds according to the own sectoral rule of own funds of such undertakings are reported in R0440.




R0440/C0040


Total own funds of other financial sectors – tier 2


Total of own funds in other financial sectors – tier 2.
The value of the participation in the other financial sectors is deducted in R0230, and the own funds according to the own sectoral rule of own funds of such undertakings are reported in R0440.




R0440/C0050


Total own funds of other financial sectors – tier 3


Total of own funds in other financial sectors – tier 3.
The value of the participation in the other financial sectors is deducted in R0230, and the own funds according to the own sectoral rule of own funds of such undertakings are reported in R0440.





Own funds when using the Deduction and Aggregation method, exclusively or in combination with method 1



 


 




R0450/C0010


Own funds aggregated when using the Deduction and Aggregation method and combination of method – Total


These are the total eligible own funds of the related undertakings that have to be added for the calculation of the aggregated own funds when using the Deduction and Aggregation method (D&A method) or a combination of methods, after the deduction non–available own funds at group level.




R0450/C0020


Own funds aggregated when using the Deduction and Aggregation method and combination of method – Tier 1 unrestricted


These are the eligible own funds of the related undertakings that have to be added for the calculation of the aggregated own funds when using the D&A method or a combination of methods, classified as Tier 1 unrestricted, after the deduction of non–available own funds at group level.




R0450/C0030


Own funds aggregated when using the Deduction and Aggregation method and combination of method – Tier 1 restricted


These are the eligible own funds of the related undertakings that have to be added for the calculation of the aggregated own funds when using the D&A method or a combination of methods, classified as Tier 1 restricted, after the deduction of non available own funds at group level.




R0450/C0040


Own funds aggregated when using the Deduction and Aggregation method and combination of method – Tier 2


These are the eligible own funds of the related undertakings that have to be added for the calculation of the aggregated own funds when using the D&A method or a combination of methods, classified as Tier 2, after the deduction of non available own funds at group level.




R0450/C0050


Own funds aggregated when using the Deduction and Aggregation method and combination of method – Tier 3


These are the eligible own funds of the related undertakings that have to be added for the calculation of the aggregated own funds when using the D&A method or a combination of methods, classified as Tier 3, after the deduction of non available own funds at group level.




R0460/C0010


Own funds aggregated when using the Deduction and Aggregation method and combination of method net of IGT – Total


These are the total eligible own funds after the elimination of intra–group transactions (‘IGT’) for the calculation of the aggregated group eligible own funds.
The own funds figure disclosed here should be net of non available own funds and net of IGTs.




R0460/C0020


Own funds aggregated when using the Deduction and Aggregation method and combination of method net of IGT – Tier 1 unrestricted


These are the eligible own funds after the elimination of intra–group transactions for the calculation of the aggregated group eligible own funds, classified as Tier 1 unrestricted items.
The own funds figure disclosed here should be net of non available own funds and net of IGTs.




R0460/C0030


Own funds aggregated when using the D&A and combination of method net of IGT – Tier 1 restricted


These are the eligible own funds after the elimination of the intra–group transactions for the calculation of the aggregated group eligible own funds, classified as Tier 1 restricted.
The own funds figure disclosed here should be net of non available own funds and net of IGTs.




R0460/C0040


Own funds aggregated when using the Deduction and Aggregation method and combination of method net of IGT – Tier 2


These are the eligible own funds after the elimination of intra–group transactions for the calculation of the aggregated group eligible own funds, classified as Tier 2.
The own funds figure disclosed here should be net of non available own funds and net of IGTs.




R0460/C0050


Own funds aggregated when using the Deduction and Aggregation method and combination of method net of IGT – Tier 3


These are the eligible own funds after the elimination of intra–group transactions for the calculation of the aggregated group eligible own funds, classified as Tier 3.
The own funds figure disclosed here should be net of non available own funds and net of IGTs.




R0520/C0010


Total available own funds to meet the consolidated part of the group SCR (excluding the other financial sectors and the undertakings included via Deduction and Aggregation method) – total


This is the total own funds of the group, comprising basic own funds after adjustments plus ancillary own funds, that are available to meet the consolidated part of the group SCR but excluding the own funds from other financial sectors and from the undertakings included via D&A method.




R0520/C0020


Total available own funds to meet the consolidated part of the group SCR (excluding the other financial sectors and the undertakings included via Deduction and Aggregation method) – tier 1 unrestricted


This is the total own funds of the group, comprising basic own funds after adjustments, that are available to meet the consolidated part of the group SCR but excluding the own funds from other financial sector and from the undertakings included via D&A method and that meet the criteria to be included in Tier 1 unrestricted items.




R0520/C0030


Total available own funds to meet the consolidated part of the group SCR (excluding the other financial sectors and the undertakings included via Deduction and Aggregation method) – tier 1 restricted


This is the total own funds of the group, comprising basic own funds after adjustments, that are available to meet the consolidated part f the group SCR but excluding the own funds from other financial sector and from the undertakings included via D&A method and that meet the criteria to be included in Tier 1 restricted items.




R0520/C0040


Total available own funds to meet the consolidated part of the group SCR (excluding the other financial sectors and the undertakings included via Deduction and Aggregation method) – tier 2


This is the total own funds of the group, comprising basic own funds after adjustments plus ancillary own funds, that are available to meet the consolidated part of the group SCR but excluding the own funds from other financial sectors and from the undertakings included via D&A method and that meet the criteria to be included in Tier 2.




R0520/C0050


Total available own funds to meet the consolidated part of the group SCR (excluding the other financial sectors and the undertakings included via Deduction and Aggregation method) – tier 3


This is the total own funds of the group, comprising basic own funds after adjustments plus ancillary own funds, that are available to meet the consolidated part of the group SCR but excluding the own funds from other financial sectors and from the undertakings included via D&A and that meet the criteria to be included in Tier 3.




R0530/C0010


Total available own funds to meet the minimum consolidated group SCR –total


This is the total own funds of the group, comprising basic own funds after adjustments, that are available to meet the minimum consolidated group SCR, excluding the own funds from other financial sector and from the undertakings included via D&A.metho




R0530/C0020


Total available own funds to meet the minimum consolidated group SCR– tier 1 unrestricted


This is the own funds of the group, comprising basic own funds after adjustments, that are available to meet the minimum SCR for a group and that meet the criteria to be included in Tier 1 unrestricted.




R0530/C0030


Total available own funds to meet the minimum consolidated group SCR – tier 1 restricted


This is the own funds of the group, comprising basic own funds after adjustments, that are available to meet the minimum SCR for a group and that meet the criteria to be included in Tier 1 restricted items.




R0530/C0040


Total available own funds to meet the minimum consolidated group SCR (group) – tier 2


This is the own funds of the group, comprising basic own funds after adjustments, that are available to meet the minimum SCR for a group and that meet the criteria to be included in Tier 2.




R0560/C0010


Total eligible own funds to meet the consolidated part of the group SCR (excluding own funds from other financial sectors and own funds from the undertakings included via D&A method) – total


This is the total group own funds which are eligible to cover the consolidated part of group SCR (excluding own funds from other financial sector and from the undertakings included via D&A method) under the limits
For the purpose of the eligibility of those own fund items the consolidated part of the group SCR should not include the capital requirements from other financial sectors (Article 336 (c) of Delegated Regulation (EU) 2015/35) consistently.




R0560/C0020


Total eligible own funds to meet the consolidated part of the group SCR (excluding own funds from other financial sector and own funds from the undertakings included via D&A method) – tier 1 unrestricted


This is the group own funds which are eligible under the limits set out to meet the consolidated part of the group SCR (excluding own funds from other financial sector and from the undertakings included via D A method), that meet the criteria for Tier 1 unrestricted items.




R0560/C0030


Total eligible own funds to meet the consolidated part of the group SCR (excluding own funds from other financial sector and own funds from the undertakings included via D&A method) – tier 1 restricted


This is the own funds which are eligible under the limits set out to meet the consolidated part of the group SCR (excluding own funds from other financial sector and from the undertakings included via D A method), that meet the criteria for Tier 1 restricted items.




R0560/C0040


Total eligible own funds to meet the consolidated part of the group SCR (excluding own funds from other financial sector and own funds from the undertakings included via D&A method) – tier 2


This is the own funds which are eligible under the limits set out to meet the consolidated part of the group SCR (excluding own funds from other financial sector and from the undertakings included via Deduction and Aggregation method), that meet the criteria for Tier 2.




R0560/C0050


Total eligible own funds to meet the consolidated part of the group SCR (excluding own funds from other financial sectors and own funds from the undertakings included via D&A method) – tier 3


This is the own funds which are eligible under the limits set out to meet the consolidated part pf the group SCR (excluding own funds from other financial sector and from the undertakings included via D&A method), that meet the criteria for Tier 3.




R0570/C0010


Total eligible own funds to meet the minimum consolidated group SCR – total


This is the total eligible own funds of the group, that are available to meet the minimum consolidated group SCR, excluding own funds from other financial sectors and own funds from the undertakings included via D&A method.




R0570/C0020


Total eligible own funds to meet the minimum consolidated group SCR – tier 1 unrestricted


This is the eligible own funds of the group, that are available to meet the minimum consolidated group SCR, excluding own funds from other financial sectors and own funds from the undertakings included via D&A method, that meet the criteria to be included in Tier 1 unrestricted items.




R0570/C0030


Total eligible own funds to meet the minimum consolidated group SCR – tier 1 restricted


This is the eligible own funds of the group, that are available to meet the minimum consolidated group SCR, excluding own funds from other financial sectors and own funds from the undertakings included via D&A method, that meet the criteria to be included in Tier 1 restricted items.




R0570/C0040


Total eligible own funds to meet the minimum consolidated group SCR – tier 2


This is the own funds of the group, that are available to meet the minimum consolidated group SCR, excluding own funds from other financial sectors and own funds from the undertakings included via D&A method, that meet the criteria to be included in Tier 2




R0610/C0010


Minimum consolidated Group SCR


Minimum consolidated group SCR calculated for the consolidated data (method 1) as per Article 230 or 231 of the Solvency II Directive 2009/138/EC (only for the part of the group covered by method 1).




R0650/C0010


Ratio of Eligible own funds to Minimum Consolidated Group SCR


This is the minimum solvency ratio calculated as the total of eligible own funds to meet the Minimum Consolidated group SCR divided by the Minimum Consolidated group SCR (excluding other financial sectors and the undertakings included via D&A).




R0660/C0010


Total eligible own funds to meet the Total group SCR (including own funds from other financial sector and from undertakings included via D&A)


This is the total eligible own funds, including the own funds from the other financial sectors and from the undertakings included via D&A method, to meet the total group SCR.




R0660/C0020


Total eligible own funds to meet the Total group SCR (including own funds from other financial sector and from undertakings included via D&A) – tier 1 unrestricted


This is the eligible own funds, including the own funds from the other financial sectors and from the undertakings included via D&A method, to meet the total group SCR that meet the criteria to be included in Tier 1 unrestricted




R0660/C0030


Total eligible own funds to meet the Total group SCR (including own funds from other financial sector and from undertakings included via D&A) – tier 1 restricted


This is the eligible own funds, including the own funds from the other financial sectors and from the undertakings included via D&A to meet the total group SCR that meet the criteria to be included in Tier 1 restricted




R0660/C0040


Total eligible own funds to meet the Total group SCR (including own funds from other financial sector and from undertakings included via D&A) – tier 2


This is the eligible own funds, including the own funds from the other financial sectors and from the undertakings included via D&A method to meet the total group SCR that meet the criteria to be included in Tier 2




R0660/C0050


Total eligible own funds to meet the Total group SCR (including own funds from other financial sector and from undertakings included via D&A) – tier 3


This is the eligible available own funds, including the own funds from the other financial sectors and from the undertakings included via D&A to meet the total group SCR that meet the criteria to be included in Tier 3




R0680/C0010


Total Group SCR


The total group SCR is the sum of the consolidated group SCR calculated in accordance with Article 336 (a), (b), (c) and (d) and (e) of Delegated Regulation (EU) 2015/35 and the SCR for entities included via D&A method.




R0690/C0010


Ratio of Total Eligible own funds to the Total group SCR including other financial sectors and D&A undertakings


This is solvency ratio calculated as the total of eligible own funds to meet the Total group SCR divided by the Total group SCR, including other financial sectors and D&A undertakings





Reconciliation Reserve



 


 




R0700/C0060


Excess of assets over liabilities


This is the excess of assets over liabilities as disclosed in the Solvency 2 balance sheet.




R0710/C0060


Own shares (held directly and indirectly)


This is the amount of own shares held by the participating insurance or reinsurance undertaking, the insurance holding company or the mixed financial holding company and the related undertakings, both directly and indirectly.




R0720/C0060


Foreseeable dividends, distributions and charges


These are the dividends, distributions and charges foreseeable by the group.




R0730/C0060


Other basic own fund items


These are the basic own fund items included in Article 69, points (a)(i) to (v), of Delegated Regulation (EU) 2015/35, and Articles 72(a) and 76(a) of that Regulation, as well as those basic own fund items approved by the supervisory authority in accordance with Article 79 of that Regulation.




R0740/C0060


Adjustment for restricted own fund items in respect of matching adjustment portfolios and ring fenced funds


This is the total amount of the adjustment to the reconciliation reserve due to the existence of restricted own fund items in respect of ring–fenced funds and matching portfolios at group level.




R0750/C0060


Other non available own funds


These are other non available own funds of related undertakings according to Article 335(1)(d) and (f) of Delegated Regulation (EU) 2015/35.




R0760/C0060


Reconciliation reserve – total


This is the reconciliation reserve of the group, before deductions for participations.




R0770/C0060


Expected profits included in future premiums (EPIFP) – Life business


The reconciliation reserve includes an amount of the excess of assets over liabilities that corresponds to the expected profit in future premiums (EPIFP). This cell represents that amount for the life business of the group.




R0780/C0060


Expected profits included in future premiums (EPIFP) – Non– life business


The reconciliation reserve includes an amount of the excess of assets over liabilities that corresponds to the expected profit in future premiums (EPIFP). This cell represents that amount for the non–life business of the group.




R0790/C00160


Total Expected profits included in future premiums (EPIFP)


This is the total amount calculated as expected profits included in future premiums (‘EPIFP’).






S.25.01 – Solvency Capital Requirement – for groups on Standard Formula



General comments:

This section relates to the annual disclosure of information for groups.
For group reporting the following specific requirements shall be met:






(a)


The information until R0460 is applicable when method 1 as defined in Article 230 of Directive 2009/138/EC is used, either exclusively or in combination with method 2 as defined in Article 233 of Solvency II Directive;










(b)


When combination method is being used, the information until R0460 is to be submitted only for the part of the group calculated with method 1 as defined in Article 230 of Solvency II Directive.











 


ITEM


INSTRUCTIONS




R0010–R0050/C0110


Gross solvency capital requirement


Amount of the gross capital charge for each risk module, as calculated using the standard formula.
The difference between the net and the gross SCR is the consideration of the future discretionary benefits laid down in Article 205 of Delegated Regulation (EU) 2015/35.
This amount shall fully consider diversification effects laid down in Article 304 of Directive 2009/138/EC where applicable.
These cells include the allocation of the adjustment due to the aggregation of the nSCR of the ring fenced finds (‘RFF’)/matching adjustment portfolios (‘MAP’) at entity level.




R0060/C0110


Gross solvency capital requirement – Diversification


Amount of the diversification effects between Basic SCR of gross risk modules, including diversification within each risk module, due to the application of the correlation matrix defined in Annex IV of Directive 2009/138/EC.




R0070/C0110


Gross solvency capital requirement – Intangible assets risk


The future discretionary benefits referred to in Article 205 of Delegated Regulation (EU) 2015/35 for intangible assets risk is zero under standard formula.




R0100/C0110


Gross solvency capital requirement – Basic Solvency Capital Requirement


Amount of the basic solvency capital requirements, before the consideration of future discretionary benefits in accordance with Article 205 of Delegated Regulation (EU) 2015/35, as calculated using the standard formula.
This amount shall fully consider the diversification effects referred to in Article 304 of Directive 2009/138/EC.
This cell includes the allocation of the adjustment due to the aggregation of the nSCR of the RFF/MAP at entity level.
This amount shall be calculated as a sum of the gross capital charges for each risk module within the standard formula, including adjustment for diversification effect within standard formula




R0030/C0090


USP – Life underwriting risk


Identifies which undertaking specific parameters have been used in each risk module. One of the options on the following closed list should be used:






—


Increase in the amount of annuity benefits










—


None








R0040/C0090


USP – Health underwriting risk


Identifies which undertaking specific parameters have been used in each risk module. At least one of the options on the following closed list shall be used:






—


Increase in the amount of annuity benefits










—


Standard deviation for NSLT health premium risk referred to in Title I Chapter V Section 12 of Delegated Regulation (EU) 2015/35










—


Standard deviation for NSLT health gross premium risk referred to in Title I Chapter V Section 12 of Delegated Regulation (EU) 2015/35










—


Adjustment factor for non–proportional reinsurance










—


Standard deviation for NSLT health reserve risk referred to in Title I Chapter V Section 12 of Delegated Regulation (EU) 2015/35










—


None




If more than one specific parameter is used, report them separated by comas.




R0050/C0090


USP – Non life underwriting risk


Identifies which undertaking specific parameters have been used in each risk module. At least one of the options on the following closed list should be used:






—


Standard deviation for non–life premium risk










—


Standard deviation for non–life gross premium risk










—


Adjustment factor for non–proportional reinsurance










—


Standard deviation for non–life reserve risk










—


None








R0010, R0030, R0040, R0050/C0120


Simplifications


Identifies the risk sub–modules of each risk module for which a simplified calculation method has been used.
If simplified calculation methods for more than one risk sub–module have been used within one risk module, report them separated by comas.





Calculation of Solvency Capital Requirement



 


 




R0130/C0100


Operational risk


Amount of the capital requirements for operational risk module as calculated using the standard formula.




R0140/C0100


Loss–absorbing capacity of technical provisions


Amount of the adjustment for loss–absorbing capacity of technical provisions calculated in accordance with the standard formula. This amount should be disclosed as a negative value.




R0150/C0100


Loss–absorbing capacity of deferred taxes


Amount of the adjustment for loss–absorbing capacity of deferred taxes calculated in accordance with the standard formula.
This amount should be disclosed as a negative value.




R0160/C0100


Capital requirement for business operated in accordance with Art. 4 of Directive 2003/41/EC


Amount of the capital requirement, calculated in accordance with the rules stated in Article 17 of Directive 2003/41/EC, for ring–fenced funds relating to pension business operated under Article 4 of Directive 2003/41/EC to which transitional measures are applied. This item is to be disclosed only during the transitional period.




R0200/C0100


Solvency capital requirement calculated on the basis of Article 336(a) of Delegated Regulation (EU) 2015/35, excluding capital add–on


Amount of the SCR, before any capital add–on, calculated in accordance with Article 336 (a), i.e. on the basis of consolidated data as referred to in Article 335(1) points (a), (b) and (c) of Delegated Regulation (EU) 2015/35 including data of controlled collective investment undertakings and investments packaged as funds.




R0210/C0100


Capital add–ons already set


Amount of capital add–on that had been set at the reporting reference date. It will not include capital add–ons set between that date and the submission of the data to the supervisory authority, nor any set after the submission of the data.
During the transitional phase, this item shall only be disclosed if the Member State decided it to be compulsory in accordance with Article 51(2) of Directive 2009/138/EC. Otherwise, the amount of the capital add–on should be split among the nSCR of the risk modules. The precise procedure should be previously agreed with the NSA.




R0211/C0100


Of which, capital add–ons already set – Article 37(1) Type a


Amount of capital add–on that had been set at the reporting reference date. It does not include capital add–ons set between that date and the submission of the data to the supervisory authority, nor any set after the submission of the data.




R0212/C0100


Of which, capital add–ons already set – Article 37(1) Type b


Amount of capital add–on that had been set at the reporting reference date. It does not include capital add–ons set between that date and the submission of the data to the supervisory authority, nor any set after the submission of the data.




R0213/C0100


Of which, capital add–ons already set – Article 37(1) Type c


Amount of capital add–on that had been set at the reporting reference date. It does not include capital add–ons set between that date and the submission of the data to the supervisory authority, nor any set after the submission of the data.




R0214/C0100


Of which, capital add–ons already set – Article 37(1) Type d


Amount of capital add–on that had been set at the reporting reference date. It does not include capital add–ons set between that date and the submission of the data to the supervisory authority, nor any set after the submission of the data.




R0220/C0100


Consolidated Group SCR


Overall capital requirement including capital add–ons
Amount of the Solvency Capital Requirement for undertakings under method 1 as defined in Article 230 of Directive 2009/138/EC. It shall include all components of the consolidated SCR, including capital requirements of undertakings from other financial sectors, capital requirement for non-controlled participation capital requirement for residual undertakings and capital requirement for collective investment undertakings on investment packaged as funds.





Other information on SCR



 


 




R0400/C0100


Capital requirement for duration–based equity risk sub–module


Amount of the capital requirement for duration–based equity risk sub–module.




R0410/C0100


Total amount of notional Solvency Capital Requirements for remaining part


Amount of the notional SCRs of remaining part when undertaking has RFF.




R0420/C0100


Total amount of notional Solvency Capital Requirements for ring–fenced funds


Amount of the sum of notional SCRs of all ring–fenced funds when undertaking has RFF (other than those related to business operated in accordance with Article 4 of Directive 2003/41/EC (transitional)).




R0430/C0100


Total amount of Notional Solvency Capital Requirements for matching adjustment portfolios


Amount of the sum of notional SCRs of all matching adjustment portfolios.




R0440/C0100


Diversification effects due to RFF nSCR aggregation for Article 304


Amount of the adjustment for a diversification effect between ring–fenced funds under Article 304 of Directive 2009/138/EC and the remaining part.
It shall be equal to the difference between the sum of the nSCR for each RFF/MAP/RP and the total SCR.




R0470/C0100


Minimum consolidated group solvency capital requirement


Amount of the minimum consolidated group Solvency Capital Requirement as stated in Article 230 of Directive 2009/138/EC.





Information on other entities



 


 




R0500/C0100


Capital requirement for other financial sectors (Non–insurance capital requirements)


Amount of capital requirement for other financial sectors.
This item is only applicable to group reporting where the group includes an undertaking which is subject to non–insurance capital requirements, such as a bank, and is the capital requirement calculated in accordance with the appropriate requirements.
R0500 is expected to be equal to the sum of R0510, R0520 and R0530.




R0510/C0100


Capital requirement for other financial sectors (Non–insurance capital requirements) – Credit institutions, investment firms and financial institutions, alternative investment funds managers, UCITS management companies


Amount of capital requirement for credit institutions, investment firms and financial institutions.
This item is only applicable to group reporting where the group includes undertakings which are credit institutions, investment firms and financial institutions, alternative investment funds managers, UCITS management companies and they are subject to capital requirements, calculated in accordance with the relevant sectoral rules.




R0520/C0100


Capital requirement for other financial sectors (Non–insurance capital requirements) – Institutions for occupational retirement provisions


Amount of capital requirement for institutions for occupational retirement provisions.
This item is only applicable to group reporting where the group includes undertaking which are institutions for occupational retirement provision and subject to non–insurance capital requirements calculated in accordance with the relevant sectoral rules.




R0530/C0100


Capital requirement for other financial sectors (Non–insurance capital requirements) – Capital requirement for non–regulated undertakings carrying out financial activities


Amount of capital requirement for non–regulated undertakings carrying out financial activities. This figure represents a notional solvency requirement, calculated if the relevant sectoral rules were to be applied.
This item is only applicable to group reporting where the group includes undertakings which are non – regulated undertakings carrying out financial activities.




R0540/C0100


Capital requirement for non–controlled participation


Amount of the proportional share of the Solvency Capital Requirements of the related insurance and reinsurance undertakings and insurance holding companies or mixed financial holding companies which are not subsidiaries, in accordance with Article 336(1)(b) of Delegated Regulation (EU) 2015/35.
This item is only applicable to group reporting and corresponds, for those entities which are not subsidiaries, to the capital requirement calculated in accordance with Solvency 2.




R0550/C0100


Capital requirement for residual undertakings


Amount determined in accordance with Article 336(1)(d) of Delegated Regulation (EU) 2015/35.




R0555/C0100


Capital requirement for collective investment undertakings or investments packaged as funds


Amount determined in accordance with Article 336(1)(e) of Delegated Regulation (EU) 2015/35.





Overall SCR



 


 




R0560/C0100


SCR for undertakings included via D&A method


Amount of the Solvency Capital Requirement for undertakings included under method 2 as defined in Article 233 of Directive 2009/138/EC when the combination of methods is used.




R0570/C0100


Total group solvency capital requirement


Overall SCR for all undertakings regardless of the method used.
The total group solvency capital requirement is expected to be equal to the sum of R0220 and R0560.
In case the minimum consolidated group SCR (R0470) is higher than the consolidated group SCR (R0220), then the total group solvency capital requirement is expected to be equal to the sum of R0470 and R0560.






S.25.05 – Solvency Capital Requirement – for groups using an internal model (partial or full)



General comments:

This section relates to the annual disclosure of information for groups.
This Annex contains instructions in relation to the templates included in Annex I of this Regulation. The first column of the following table identifies the items to be reported by identifying the columns and lines as shown in the template in Annex I.
This Annex relates to opening and annual submission of information for individual entities, ring fenced-funds, matching adjustment portfolios and remaining part.
This template shall be reported based on availability according to the internal model architecture and risk profile when possible with reasonable effort. The data to be reported shall be agreed between national supervisory authorities and groups.
The purpose of this template is to collect data on an aggregate level and show diversification benefits between separate risk modules. All values shall be reported before any tax effects unless otherwise stated.
For groups using a partial internal model all rows for C0010 refer to the amount of the capital charge for each component regardless of the method of calculation (either standard formula or partial internal model), after the adjustments for loss-absorbing capacity of technical provision and/or deferred taxes when they are embedded in the component calculation.
For the components Loss absorbing capacity of technical provisions and/or deferred taxes when reported as a separate component it should be the amount of the loss-absorbing capacity (these amounts should be reported as negative values)
For components calculated using the standard formula this cell represents the gross nSCR. For components calculated using the partial internal model, this represents the value considering the future management actions which are embedded in the calculation, but not those which are modelled as a separate component.
These amounts shall fully consider the diversification effects referred to in Article 304 of Directive 2009/138/EC, where applicable.
Where applicable, these cells shall not include the allocation of the adjustment due to the aggregation of the nSCR of the RFF/MAP at entity level.
For the groups, reporting at the level of the whole group, under a partial internal model to which the adjustment due to the aggregation of the nSCR of RFF/MAP is applicable, where the entity has MAP or RFF (except those under the scope of Article 304 of Directive 2009/138/EC) the nSCR at risk module level and the loss-absorbing capacity (LAC) of technical provisions and deferred taxes to be reported shall be calculated as follows:






—


where the group applies the full adjustment due to the aggregation of the nSCR of the RFF/MAP at entity level: the nSCR shall be calculated as if no RFF and the LAC shall be calculated as the sum of the LAC across all RFF/MAP and remaining part;










—


where the group applies the simplification at risk sub-module level to aggregate the nSCR of the RFF/MAP at entity level, the nSCR and LAC shall be calculated considering a direct summation at sub-module level method;










—


where the group applies the Simplification at risk module level to aggregate the nSCR of the RFF/MAP at entity level, the nSCR and LAC shall be calculated considering a direct summation at module level method.




For group reporting the following specific requirements shall be met:






(a)


the information until R0470 (S.25.05.22.02) is applicable when method 1 as defined in Article 230 of Solvency II Directive is used, either exclusively or in combination with method 2 as defined in Article 233 of Directive 2009/138/EC;










(b)


when combination method is being used, the information until R0470 (S.25.05.22.02) shall be submitted only for the part of the group calculated with method 1 as defined in Article 230 of Directive 2009/138/EC.











 


ITEM


INSTRUCTIONS




C0010/R0020


Total diversification


Amount of the diversification effects between risk modules.
This amount shall be reported as a negative value.
This is part of the minimum dataset that shall be publicly disclosed.




C0010/R0030


Total diversified risk before tax


Diversified capital charges before tax.
This is part of the minimum dataset that shall be publicly disclosed.




C0010/R0040


Total diversified risk after tax


Diversified capital charges after tax.
This is part of the minimum dataset that shall be publicly disclosed.




C0010/R0070


Total market & credit risk


Same as S.26.08.01 C0010/R0070
This is part of the minimum dataset that shall be publicly disclosed.




C0010/R0080


Market & Credit risk – diversified


Same as S.26.08.01 C0010/R0080
This is part of the minimum dataset that shall be publicly disclosed.




C0010/R0190


Credit event risk not covered in market & credit risk


Same as S.26.08.01 C0010/R0190
This is part of the minimum dataset that shall be publicly disclosed.




C0010/R0200


Credit event risk not covered in market & credit risk – diversified


Same as S.26.08.01 C0010/R0200
This is part of the minimum dataset that shall be publicly disclosed.




C0010/R0270


Total Business risk


Same as S.26.08.01 C0010/R0270
This is part of the minimum dataset that shall be publicly disclosed.




C0010/R0280


Total Business risk – diversified


Same as S.26.08.01 C0010/R0280
This is part of the minimum dataset that shall be publicly disclosed.




C0010/R0310


Total Net Non-life underwriting risk


Same as S.26.08.04 C0010/R0310
This is part of the minimum dataset that shall be publicly disclosed.




C0010/R0320


Total Net Non-life underwriting risk – diversified


Same as S.26.08.04 C0010/R0320
This is part of the minimum dataset that shall be publicly disclosed.




C0010/R0400


Total Life & Health underwriting risk


Same as S.26.08.01 C0010/R0400
This is part of the minimum dataset that shall be publicly disclosed.




C0010/R0410


Total Life & Health underwriting risk – diversified


Same as S.26.08.01 C0010/R0410
This is part of the minimum dataset that shall be publicly disclosed.




C0010/R0480


Total Operational risk


Same as S.26.08.01 C0010/R0480
This is part of the minimum dataset that shall be publicly disclosed.




C0010/R0490


Total Operational risk – diversified


Same as S.26.08.01 C0010/R0490
This is part of the minimum dataset that shall be publicly disclosed.




C0010/R0500


Other risk


Same as S.26.08.01 C0010/R0500
This is part of the minimum dataset that shall be publicly disclosed.




C0070/R0020 to R0080, R0190 to R0200, R0270, R0280, R0310, R0320, R0400, R0410, R0510, R0520, R0530


Amount modelled


For each component this cell represents the amount calculated in accordance with to the partial internal model.
This column is not relevant for full internal model.




C0090/R0020 to R0080, R0190 to R0200, R0270, R0280, R0310, R0320, R0400, R0410, R0510, R0520, R0530


USP


For those components calculated in accordance with to the standard formula where undertaking specific parameters have been applied, one of the following options shall be used:
For life underwriting risk:






—


Increase in the amount of annuity benefits










—


None




For health underwriting risk:






—


Increase in the amount of annuity benefits










—


Standard deviation for NSLT health premium risk










—


Standard deviation for NSLT health gross premium risk










—


Adjustment factor for non–proportional reinsurance










—


Standard deviation for NSLT health reserve risk










—


None




For non–life underwriting risk:






—


Standard deviation for non–life premium risk










—


Standard deviation for non–life gross premium risk










—


Adjustment factor for non–proportional reinsurance










—


Standard deviation for non–life reserve risk










—


None




In any case, if more than one specific parameter is used, report them separated by comas.
This column is not relevant for full internal model.




C0120/R0020 to R0080, R0190 to R0200, R0270, R0280, R0310, R0320, R0400, R0410, R0510, R0520, R0530


Simplifications


For those components calculated in accordance with to the standard formula where simplifications have been applied, the risk sub–modules of each risk module for which a simplified calculation method has been used should be identified
If simplified calculation methods for more than one risk sub–module have been used within one risk module, report them separated by comas.
This column is not relevant for full internal model.




R0110/C0100


Total undiversified components


Sum of all components.




R0060/C0100


Diversification


The total amount of the diversification among components disclosed in C0030.
This amount does not include diversification effects inside each component, which shall be embedded in the values disclosed in C0030.
This amount shall be disclosed as negative value.




R0120/C0100


Adjustment due to RFF/MAP nSCR aggregation


Where applicable, adjustment to correct the bias on SCR calculation due to aggregation of RFF/MAP nSCR at risk module level.




R0160/C0100


Capital requirement for business operated in accordance with Art. 4 of Directive 2003/41/EC


Amount of the capital requirement, calculated in accordance with to the rules stated in Article 17 of Directive 2003/41/EC, for ring–fenced funds relating to pension business operated under Article 4 of Directive 2003/41/EC to which transitional measures are applied. This item is to be disclosed only during the transitional period.




R0200/C0100


Solvency capital requirement calculated on the basis of Article 336(a) of Delegated Regulation (EU) 2015/35, excluding capital add–on


Amount of the SCR, before any capital add–on, calculated in accordance with Article 336(a) of Delegated Regulation (EU) 2015/35, i.e. on the basis of consolidated data as referred to in points (a), (b) and (c) of Article 335(1) of Delegated Regulation (EU) 2015/35 including data of controlled collective investment undertakings and investments packaged as funds.




 


 


 




R0210/C0100


Capital add–ons already set


Amount of capital add–on that had been set at the reporting reference date. It does not include capital add–ons set between that date and the submission of the data to the supervisory authority.




R0211/C0100


of which, capital add-ons already set – Article 37(1) of Directive 2009/138/EC – Type (a)


Amount of type (a) capital add-on calculated in accordance with Article 37(1) of Directive 2009/138/EC and that had been set at the reporting reference date. It does not include capital add-ons set between that date and the submission of the data to the supervisory authority.




R0212/C0100


of which, capital add-ons already set – Article 37(1) of Directive 2009/138/EC – Type (b)


Amount of type (b) capital add-on that has been calculated in accordance with Article 37(1) of Directive 2009/138/EC and that had been set at the reporting reference date. It does not include capital add-ons set between that date and the submission of the data to the supervisory authority, nor any set after the submission of the data.




R0213/C0100


of which, capital add-ons already set – Article 37(1) of Directive 2009/138/EC – Type c


Amount of type (c) capital add-on calculated in accordance with Article 37(1) of Directive 2009/138/EC and that had been set at the reporting reference date. It shallnot include capital add-ons set between that date and the submission of the data to the supervisory authority, nor any set after the submission of the data.




R0214/C0100


of which, capital add-ons already set – Article 37(1) of Directive 2009/138/EC – Type (d)


Amount of type (d) capital add-on that has been calculated in accordance with Article 37(1) of Directive 2009/138/EC and that had been set at the reporting reference date. It shall not include capital add-ons set between that date and the submission of the data to the supervisory authority, nor any set after the submission of the data.




R0220/C0100


Consolidated Group SCR


Overall capital requirement including capital add-ons for undertakings under method 1 as defined in Article 230 of Directive 2009/138/EC. It shall include all components of the consolidated SCR, including capital requirements of undertakings from other financial sectors, capital requirement for non-controlled participation, capital requirement for residual undertakings and capital requirement for collective investment undertakings or investments packaged as funds.





Other information on SCR





R0300/C0100


Amount/estimate of the overall loss–absorbing capacity of technical provisions


Amount/Estimate of the overall adjustment for loss–absorbing capacity of technical provisions, including the part embedded in the components and the part disclosed as a single component. This amount shall be disclosed as a negative amount.




R0310/C0100


Amount/estimate of the loss absorbing capacity for deferred taxes


Amount/Estimate of the overall adjustment for loss–absorbing capacity for deferred taxes, including the part embedded in the components and the part disclosed as a single component. This amount shall be disclosed as a negative amount.




R0400/C0100


Capital requirement for duration–based equity risk sub–module


Amount of the capital requirement for duration–based equity risk sub–module.




R0410/C0100


Total amount of notional Solvency Capital Requirements for remaining part


Amount of the notional SCRs of remaining part when the group has RFF.




R0420/C0100


Total amount of Notional Solvency Capital Requirements for ring-fenced funds


Amount of the sum of notional SCRs of all ring–fenced funds when the group has RFF (other than those related to business operated in accordance with Article 4 of Directive 2003/41/EC (transitional)).




R0430/C0100


Total amount of Notional Solvency Capital Requirements for matching adjustment portfolios


Amount of the sum of notional SCRs of all matching adjustment portfolios
This item does not have to be disclosed when reporting SCR calculation at RFF or matching portfolio level.




R0440/C0100


Diversification effects due to RFF nSCR aggregation for Article 304


Amount of the adjustment for a diversification effect between ring fenced funds under Article 304 of Solvency II Directive and the remaining part.
It shall be equal to the difference between the sum of the nSCR for each RFF/MAP/RP and the total SCR disclosed in R0200/C0100.




R0470/C0100


Minimum consolidated group solvency capital requirement


Amount of the minimum consolidated group Solvency Capital Requirement as stated in Article 230 of Directive 2009/138/EC. This item is applicable to group reporting only.




R0500/C0100


Capital requirement for other financial sectors (Non–insurance capital requirements)


Amount of capital requirement for other financial sectors.
This item is only applicable to group reporting where the group includes an undertaking which is subject to non–insurance capital requirements, such as a bank, and is the capital requirement calculated in accordance with the appropriate requirements.
R0500 is expected to be equal to the sum of R0510, R0520 and R0530.




R0510/C0100


Capital requirement for other financial sectors (Non–insurance capital requirements) – Credit institutions, investment firms and financial institutions, alternative investment funds managers, UCITS management companies


Amount of capital requirement for credit institutions, investment firms and financial institutions.
This item is only applicable to group reporting where the group includes undertakings which are credit institutions, investment firms and financial institutions, alternative investment funds managers, UCITS management companies and they are subject to capital requirements, calculated in accordance with the relevant sectoral rules.




R0520/C0100


Capital requirement for other financial sectors (Non–insurance capital requirements) – Institutions for occupational retirement provisions


Amount of capital requirement for institutions for occupational retirement provisions.
This item is only applicable to group reporting where the group includes undertaking which are institutions for occupational retirement provision and subject to non–insurance capital requirements calculated in accordance with the relevant sectoral rules.




R0530/C0100


Capital requirement for other financial sectors (Non–insurance capital requirements) – Capital requirement for non–regulated undertakings carrying out financial activities


Amount of capital requirement for non–regulated undertakings carrying out financial activities. This figure represents a notional solvency requirement, calculated if the relevant sectoral rules were to be applied.
This item is only applicable to group reporting where the group includes undertakings which are non–regulated undetakings carrying out financial activities.




R0540/C0100


Capital requirement for non–controlled participation


Amount of the proportional share of the Solvency Capital Requirements of the related insurance and reinsurance undertakings and insurance holding companies which are not subsidiaries.
This item is only applicable to group reporting and corresponds, for those entities which are not subsidiaries, to the capital requirement calculated in accordance with Solvency 2.




 


 


 




R0550/C0100


Capital requirement for residual undertakings


Amount determined in accordance with Article 336(1)(d) of Delegated Regulation (EU) 2015/35.




R0555/C0100


Capital requirement for collective investment undertakings or investments packaged as funds


Amount determined in accordance with Article 336(1)(e) of Delegated Regulation (EU) 2015/35.




R0560/C0100


SCR for undertakings included via D&A method


Amount of the Solvency Capital Requirement for undertakings included under method 2 as defined in Article 233 of II Directive 2009/138/EC when the combination of methods is used.




R0570/C0100


Total group solvency capital requirement


Overall SCR for all undertakings regardless of the method used.
The total group solvency capital requirement is expected to be equal to the sum of R0220 and R0560.
In case the minimum consolidated group SCR (R0470) is higher than the Consolidated group SCR (R0220), then the total group solvency capital requirement is expected to be equal to the sum of R0470 and R0560.






S.32.01 – Undertakings in the scope of the group



General comments:

This section relates to the annual disclosure of information for groups.
This template is relevant under method 1 as defined in Article 230 of Directive 2009/138/EC, method 2 as defined in Article 233 of Directive 2009/138/EC and a combination of methods. It is a list of all undertakings in the scope of the group, in the meaning of Article 212(1)(c) of Directive 2009/138/EC, subject to full group supervision according to Article 213(2)(a)(b)(c) of Directive 2009/138/EC, including the participating insurance and reinsurance undertakings, insurance holding companies and mixed financial holding companies at the top of the group.






—


Cells C0010 to C0080 are related to the identification of the undertaking;










—


Cells C0180 to C0230 are related to criteria of influence;










—


Cells C0240 and C0250 are related to the inclusion in the scope of group supervision;










—


Cell C0260 is related to group solvency calculation.











 


ITEM


INSTRUCTIONS




C0010


Country


Identify the ISO 3166–1 alpha–2 code of the country in which the registered head office of each undertaking within the scope of the group, in the meaning of Article 212(1)(c) of Directive 2009/138/EC, is located




C0020


Identification code of the undertaking


Identification code by this order of priority, if existent:






—


Legal Entity Identifier (LEI), mandatory if existent;










—


Specific code in the absence of LEI code




Specific code:






—


For EEA insurance and reinsurance undertakings and other EEA regulated undertakings within the scope of the group, in the meaning of Article 212(1)(c) of Directive 2009/138/EC: identification code used in the local market, attributed by the undertaking’s competent supervisory authority;










—


For non–EEA undertakings and non–regulated undertakings within the scope of the group, in the meaning of Article 212(1)(c) of Directive 2009/138/EC, identification code will be provided by the group. When allocating an identification code to each non–EEA or non–regulated undertaking, the group shall comply with the following format in a consistent manner:
identification code of the parent undertaking +




ISO 3166–1 alpha–2 code of the country of the undertaking + 5 digits




C0030


Type of code of the ID of the undertaking


Identification of the code used in item ‘Identification code of the undertaking’:






 


1 – LEI










 


2 – Specific code








C0040


Legal name of the undertaking


Legal name of the undertaking




C0050


Type of undertaking


Identify the type of undertaking giving information on the type of activity of the undertaking. The type of undertakings is linked to how the undertakings are brought into the group solvency calculation, as reported in C0260 of this template. This is applicable to both EEA and third–country undertakings. The following closed list of options shall be used:






 


1 – Life insurance undertaking










 


2 – Non life insurance undertaking










 


3 – Reinsurance undertaking










 


4 – Composite undertaking










 


5 – Insurance holding company as defined in Article 212(1)(f) of Directive 2009/138/EC










 


6 – Mixed–activity insurance holding company as defined in Article 212(1)(g) of Directive 2009/138/EC










 


7 –Mixed financial holding company as defined in Article 212(1)(h) of Directive 2009/138/EC










 


8 – Credit institution, investment firm and financial institution










 


9 – Institution for occupational retirement provision










 


10 – Ancillary services undertaking as defined in Article 1(53) of Delegated Regulation (EU) 2015/35










 


11 – Non–regulated undertaking carrying out financial activities as defined in Article 1(52) of Delegated Regulation (EU) 2015/35










 


12 – Special purpose vehicle authorised in accordance with Article 211 of Directive 2009/138/EC










 


13 – Special purpose vehicle other than special purpose vehicle authorised in accordance with Article 211 of Directive 2009/138/EC










 


14 – UCITS management company as defined in Article 1(54) of Delegated Regulation (EU) 2015/35










 


15 – Alternative investment funds managers as defined in Article 1(55) of Delegated Regulation (EU) 2015/35










 


99 – Other








C0060


Legal form


Identify the form of the undertaking.
For categories 1 to 4 in cell ‘Type of undertaking’, the legal form shall be consistent with Annex III of Directive 2009/138/EC.




C0070


Category (mutual/non mutual)


Indicate high level information on the legal form, i.e. whether the undertaking is a mutual or not.
The following closed list shall be used:






 


1 – Mutual










 


2 – Non–mutual








C0080


Supervisory Authority


Name of the Supervisory Authority responsible for the supervision of the individual undertaking.
Please use the full name of the authority.





Criteria of influence



 


 




C0180


% capital share


Proportion of the subscribed capital that is held, directly or indirectly, by the participating undertaking in the related undertaking (as referred to in Article 221 of Directive 2009/138/EC).
This cell is not applicable for the ultimate parent undertaking.




C0190


% used for establishment of consolidated accounts


Percentage as defined by IFRS or local GAAP for the integration of consolidated undertakings into the consolidation which may differ from item C0180. For full integration, minority interests shall also be disclosed in this item.
This cell is not applicable for the ultimate parent undertaking.




C0200


% voting rights


Proportion of voting rights that is held, directly or indirectly, by the participating undertaking in the undertaking
This cell is not applicable for the ultimate parent undertaking.




C0210


Other criteria


Other criteria useful to assess the level of influence exercised by the participating undertaking, e.g centralised risk management.
This cell is not applicable for the ultimate parent undertaking.




C0220


Level of influence


Influence can be either dominant or significant, depending on criteria mentioned above; the group is responsible for assessing the level of influence exercised by the participating undertaking over any undertaking but as stated in Article 212(2) of Directive 2009/138/EC the group supervisor may have a differing view from the group’s assessment and if so the group shall take into account any decision made by the group supervisor.
This cell is not applicable for the ultimate parent undertaking.
The following closed list shall be used:






 


1 – Dominant










 


2 – Significant








C0230


Proportional share used for the group solvency calculation


Proportional share is the proportion that will be used to calculate the group solvency.
This cell is not applicable for the ultimate parent undertaking.





Inclusion in the scope of Group supervision



 


 




C0240


Inclusion in the scope of group supervision – Yes/No


Indicate if the undertaking is included or not in the scope of group supervision as referred in Article 214 of Directive 2009/138/EC; if an undertaking is not included in the scope of group supervision as provided for in Article 214, then it shall be indicated which paragraph from Article 214(2) is the reason.
The following closed list shall be used:






 


1 – Included in the scope










 


2 – Not included in the scope (Article 214(2)(a))










 


3 – Not included in the scope (Article 214(2)(b))










 


4 – Not included in the scope (Article 214(2)(c))








C0250


Inclusion in the scope of group supervision – Date of decision if art. 214 is applied


Identify the ISO 8601 (yyyy–mm–dd) code of the date where the decision of exclusion has been taken.





Group solvency calculation



 


 




C0260


Method used and under method 1, treatment of the undertaking


The item gathers information on the method used for group solvency calculation and the treatment of each undertaking.
The following closed list shall be used:






 


1 – Method 1: Full consolidation










 


2 – Method 1: Proportional consolidation










 


3 – Method 1: Adjusted equity method










 


4 – Method 1: Sectoral rules










 


5 – Method 2: Solvency II










 


6 – Method 2: Sectoral Rules










 


7 – Method 2: Local rules










 


8 – Deduction of the participation in relation to Article 229 of Directive 2009/138/EC










 


9 – No inclusion in the scope of group supervision as defined in Article 214 Directive 2009/138/EC










 


10 – Other method










(1)  Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012 (OJ L 176, 27.6.2013, p. 1).

(2)  Commission Implementing Regulation (EU) 2015/2011 of 11 November 2015 laying down implementing technical standards with regard to the lists of regional governments and local authorities, exposures to whom are to be treated as exposures to the central government in accordance with Directive 2009/138/EC of the European Parliament and of the Council (OJ L 295, 12.11.2015, p. 3).

(3)  Directive 2009/65/EC of the European Parliament and of the Council of 13 July 2009 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS) (OJ L 302, 17.11.2009, p. 32).

(4)  Directive 2011/61/EU of the European Parliament and of the Council of 8 June 2011 on Alternative Investment Fund Managers and amending Directives 2003/41/EC and 2009/65/EC and Regulations (EC) No 1060/2009 and (EU) No 1095/2010 (OJ L 174, 1.7.2011, p. 1).