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 (Text with EEA relevance)
Modified by
  • Commission Implementing Regulation (EU) 2017/2190of 24 November 2017amending and correcting Implementing Regulation (EU) 2015/2452 laying down implementing technical standards with regard to the procedures, formats and templates of the solvency and financial condition report according to Directive 2009/138/EC of the European Parliament and of the Council(Text with EEA relevance), 32017R2190, November 25, 2017
  • Commission Implementing Regulation (EU) 2018/1843of 23 November 2018amending Implementing Regulation (EU) 2015/2452 as regards the scope of application of the template for disclosing premiums, claims and expenses by country(Text with EEA relevance), 32018R1843, November 26, 2018
Commission Implementing Regulation (EU) 2015/2452of 2 December 2015laying 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(Text with EEA relevance)
Article 1Subject matterThis Regulation lays down implementing technical standards on the solvency and financial condition report by establishing procedures, formats and the templates for the disclosure of information referred to in Article 51 of Directive 2009/138/EC for individual insurance and reinsurance undertakings and in Article 256 of Directive 2009/138/EC for groups.
Article 2Public disclosure formatsWhen disclosing the information referred to in this Regulation figures reflecting monetary amounts shall be disclosed in thousands of units.
Article 3Currency1.For the purposes of this Regulation "reporting currency", unless otherwise required by the supervisory authority, shall be:(a)for individual disclosure, the currency used for the preparation of the insurance or reinsurance undertaking's financial statements;(b)for group disclosure, the currency used for the preparation of the consolidated financial statements.2.Figures reflecting monetary amounts shall be disclosed in the reporting currency. Any other currency than the reporting currency shall be converted into the reporting currency.3.When expressing the value of any asset or liability denominated in a currency other than the reporting currency, the value shall be converted 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 expressing the value of any income or expense, the value shall be converted in the reporting currency using such basis of conversion as that used for accounting purposes.5.The conversion into the reporting currency shall be calculated by applying the exchange rate from the same source as used for the insurance or reinsurance undertaking's financial statements in case of individual reporting or for the consolidated financial statements in case of group reporting unless otherwise required by the supervisory authority.
Article 4Templates for the solvency and financial condition report of individual undertakingsInsurance and reinsurance undertakings shall publicly disclose as part of their solvency and financial condition report at least the following templates:(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.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 defined in Annex I of Delegated Regulation (EU) 2015/35;(c)template S.05.02.01 of Annex I, specifying information on premiums, claims and expenses by country using the valuation and recognition principles used in the undertaking's financial statements, following the instructions set out in section S.05.02 of Annex II;(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 as defined 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 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;(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;(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;(j)template S.25.02.21 of Annex I, specifying information on the Solvency Capital Requirement calculated using the standard formula and a partial internal model, following the instructions set out in section S.25.02 of Annex II;(k)template S.25.03.21 of Annex I, specifying information on the Solvency Capital Requirement calculated using a full internal model, following the instructions set out in section S.25.03 of Annex II;(l)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;(m)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.
Article 5Templates for the solvency and financial condition report of groupsParticipating insurance and reinsurance undertakings, insurance holding companies or mixed financial holding companies shall publicly disclose as part of their group solvency and financial condition report at least the following templates:(a)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;(b)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 Directive 2009/138/EC, template S.02.01.02 of Annex I to this Regulation, 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 III 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 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 of Delegated Regulation (EU) 2015/35;(d)template S.05.02.01 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;(e)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;(f)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;(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.25.01.22 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;(h)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.25.02.22 of Annex I to this Regulation, specifying information on the Solvency Capital Requirement, calculated using the standard formula and a partial internal model, following the instructions set out in section S.25.02 of Annex III to this Regulation;(i)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.25.03.22 of Annex I to this Regulation, specifying information on the Solvency Capital Requirement, calculated using a full internal model, following the instructions set out in section S.25.03 of Annex III to this Regulation.
Article 6References to other documents in the solvency and financial condition reportWhen 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 done through references that lead directly to the information itself and not to a general document.
Article 7Consistency of informationInsurance and reinsurance undertakings, participating insurance and reinsurance undertakings, insurance holding companies or mixed financial holding companies shall assess whether the information disclosed is fully consistent with the information reported to the supervisory authorities.
Article 8Means of disclosure of the group and single solvency and financial condition reportArticle 301 of Delegated Regulation (EU) 2015/35 shall apply to the disclosure of the group and single solvency and financial condition report.
Article 9Involvement of the subsidiaries in the single solvency and financial condition report1.When 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, 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 the subsidiaries shall be covered and how the subsidiaries' administrative, management or supervisory body shall be involved in the process and in the approval of the single solvency and financial condition report.
Article 10Entry into forceThis Regulation shall enter into force on the twentieth day following that of its publication in the Official Journal of the European Union.
This Regulation shall be binding in its entirety and directly applicable in all Member States.ANNEX I
S.02.01.02Balance sheet
Solvency II value
AssetsC0010
Intangible assetsR0030
Deferred tax assetsR0040
Pension benefit surplusR0050
Property, plant & equipment held for own useR0060
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 participationsR0090
EquitiesR0100
Equities — listedR0110
Equities — unlistedR0120
BondsR0130
Government BondsR0140
Corporate BondsR0150
Structured notesR0160
Collateralised securitiesR0170
Collective Investments UndertakingsR0180
DerivativesR0190
Deposits other than cash equivalentsR0200
Other investmentsR0210
Assets held for index-linked and unit-linked contractsR0220
Loans and mortgagesR0230
Loans on policiesR0240
Loans and mortgages to individualsR0250
Other loans and mortgagesR0260
Reinsurance recoverables from:R0270
Non-life and health similar to non-lifeR0280
Non-life excluding healthR0290
Health similar to non-lifeR0300
Life and health similar to life, excluding health and index-linked and unit-linkedR0310
Health similar to lifeR0320
Life excluding health and index-linked and unit-linkedR0330
Life index-linked and unit-linkedR0340
Deposits to cedantsR0350
Insurance and intermediaries receivablesR0360
Reinsurance receivablesR0370
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 inR0400
Cash and cash equivalentsR0410
Any other assets, not elsewhere shownR0420
Total assetsR0500
LiabilitiesC0010
Technical provisions — non-lifeR0510
Technical provisions — non-life (excluding health)R0520
TP calculated as a wholeR0530
Best EstimateR0540
Risk marginR0550
Technical provisions — health (similar to non-life)R0560
TP calculated as a wholeR0570
Best EstimateR0580
Risk marginR0590
Technical provisions — life (excluding index-linked and unit-linked)R0600
Technical provisions — health (similar to life)R0610
TP calculated as a wholeR0620
Best EstimateR0630
Risk marginR0640
Technical provisions — life (excluding health and index-linked and unit-linked)R0650
TP calculated as a wholeR0660
Best EstimateR0670
Risk marginR0680
Technical provisions — index-linked and unit-linkedR0690
TP calculated as a wholeR0700
Best EstimateR0710
Risk marginR0720
Contingent liabilitiesR0740
Provisions other than technical provisionsR0750
Pension benefit obligationsR0760
Deposits from reinsurersR0770
Deferred tax liabilitiesR0780
DerivativesR0790
Debts owed to credit institutionsR0800
Financial liabilities other than debts owed to credit institutionsR0810
Insurance & intermediaries payablesR0820
Reinsurance payablesR0830
Payables (trade, not insurance)R0840
Subordinated liabilitiesR0850
Subordinated liabilities not in BOFR0860
Subordinated liabilities in BOFR0870
Any other liabilities, not elsewhere shownR0880
Total liabilitiesR0900
Excess of assets over liabilitiesR1000
S.05.01.02Premiums, claims and expenses by line of business
Premiums writtenPremiums earnedClaims incurredChanges in other technical provisions
Line of Business for: non-life insurance and reinsurance obligations (direct business and accepted proportional reinsurance)
Medical expense insuranceIncome protection insuranceWorkers' compensation insuranceMotor vehicle liability insuranceOther motor insuranceMarine, aviation and transport insuranceFire and other damage to property insuranceGeneral liability insuranceCredit and suretyship insurance
C0010C0020C0030C0040C0050C0060C0070C0080C0090
Gross — Direct BusinessR0110
Gross — Proportional reinsurance acceptedR0120
Gross — Non-proportional reinsurance acceptedR0130
Reinsurers' shareR0140
NetR0200
Gross — Direct BusinessR0210
Gross — Proportional reinsurance acceptedR0220
Gross — Non-proportional reinsurance acceptedR0230
Reinsurers' shareR0240
NetR0300
Gross — Direct BusinessR0310
Gross — Proportional reinsurance acceptedR0320
Gross — Non-proportional reinsurance acceptedR0330
Reinsurers' shareR0340
NetR0400
Gross — Direct BusinessR0410
Gross — Proportional reinsurance acceptedR0420
Gross — Non- proportional reinsurance acceptedR0430
Reinsurers'shareR0440
NetR0500
Expenses incurredR0550
Other expensesR1200
Total expensesR1300
Premiums writtenPremiums earnedClaims incurredChanges in other technical provisions
Line of Business for: non-life insurance and reinsurance obligations (direct business and accepted proportional reinsurance)Line of business for: accepted non-proportional reinsuranceTotal
Legal expenses insuranceAssistanceMiscellaneous financial lossHealthCasualtyMarine, aviation, transportProperty
C0100C0110C0120C0130C0140C0150C0160C0200
Gross — Direct BusinessR0110
Gross — Proportional reinsurance acceptedR0120
Gross — Non-proportional reinsurance acceptedR0130
Reinsurers' shareR0140
NetR0200
Gross — Direct BusinessR0210
Gross — Proportional reinsurance acceptedR0220
Gross — Non-proportional reinsurance acceptedR0230
Reinsurers' shareR0240
NetR0300
Gross — Direct BusinessR0310
Gross — Proportional reinsurance acceptedR0320
Gross — Non-proportional reinsurance acceptedR0330
Reinsurers' shareR0340
NetR0400
Gross — Direct BusinessR0410
Gross — Proportional reinsurance acceptedR0420
Gross — Non- proportional reinsurance acceptedR0430
Reinsurers' shareR0440
NetR0500
Expenses incurredR0550
Other expensesR1200
Total expensesR1300
Premiums writtenPremiums earnedClaims incurredChanges in other technical provisions
Line of Business for: life insurance obligationsLife reinsurance obligationsTotal
Health insuranceInsurance with profit participationIndex-linked and unit-linked insuranceOther life insuranceAnnuities stemming from non-life insurance contracts and relating to health insurance obligationsAnnuities stemming from non-life insurance contracts and relating to insurance obligations other than health insurance obligationsHealth reinsuranceLife reinsurance
C0210C0220C0230C0240C0250C0260C0270C0280C0300
GrossR1410
Reinsurers' shareR1420
NetR1500
GrossR1510
Reinsurers' shareR1520
NetR1600
GrossR1610
Reinsurers' shareR1620
NetR1700
GrossR1710
Reinsurers' shareR1720
NetR1800
Expenses incurredR1900
Other expensesR2500
Total expensesR2600
S.05.02.01Premiums, claims and expenses by country
Premiums writtenPremiums earnedClaims incurredChanges in other technical provisions
Home CountryTop 5 countries (by amount of gross premiums written) — non-life obligationsTotal Top 5 and home country
C0010C0020C0030C0040C0050C0060C0070
R0010
C0080C0090C0100C0110C0120C0130C0140
Gross — Direct BusinessR0110
Gross — Proportional reinsurance acceptedR0120
Gross — Non-proportional reinsurance acceptedR0130
Reinsurers' shareR0140
NetR0200
Gross — Direct BusinessR0210
Gross — Proportional reinsurance acceptedR0220
Gross — Non-proportional reinsurance acceptedR0230
Reinsurers' shareR0240
NetR0300
Gross — Direct BusinessR0310
Gross — Proportional reinsurance acceptedR0320
Gross — Non-proportional reinsurance acceptedR0330
Reinsurers' shareR0340
NetR0400
Gross — Direct BusinessR0410
Gross — Proportional reinsurance acceptedR0420
Gross — Non- proportional reinsurance acceptedR0430
Reinsurers' shareR0440
NetR0500
Expenses incurredR0550
Other expensesR1200
Total expensesR1300
Premiums writtenPremiums earnedClaims incurredChanges in other technical provisions
Home CountryTop 5 countries (by amount of gross premiums written) — non-life obligationsTotal Top 5 and home country
C0150C0160C0170C0180C0190C0200C0210
R1400
C0220C0230C0240C0250C0260C0270C0280
GrossR1410
Reinsurers' shareR1420
NetR1500
GrossR1510
Reinsurers' shareR1520
NetR1600
GrossR1610
Reinsurers' shareR1620
NetR1700
GrossR1710
Reinsurers' shareR1720
NetR1800
Expenses incurredR1900
Other expensesR2500
Total expensesR2600
S.12.01.02Life and Health SLT Technical Provisions
Insurance with profit participationIndex-linked and unit-linked insuranceOther life insuranceAnnuities stemming from non-life insurance contracts and relating to insurance obligation other than health insurance obligationsAccepted reinsuranceTotal (Life other than health insurance, incl. Unit-Linked)
Contracts without options and guaranteesContracts with options or guaranteesContracts without options and guaranteesContracts with options or guarantees
C0020C0030C0040C0050C0060C0070C0080C0090C0100C0150
Technical provisions calculated as a wholeR0010
Total Recoverables from reinsurance/SPV and Finite Re after the adjustment for expected losses due to counterparty default associated to TP calculated as a wholeR0020
Technical provisions calculated as a sum of BE and RM
Best Estimate
Gross Best EstimateR0030
Total Recoverables from reinsurance/SPV and Finite Re after the adjustment for expected losses due to counterparty defaultR0080
Best estimate minus recoverables from reinsurance/SPV and Finite Re — totalR0090
Risk MarginR0100
Amount of the transitional on Technical Provisions
Technical Provisions calculated as a wholeR0110
Best estimateR0120
Risk marginR0130
Technical provisions — totalR0200
Health insurance (direct business)Annuities stemming from non-life insurance contracts and relating to health insurance obligationsHealth reinsurance (reinsurance accepted)Total (Health similar to life insurance)
Contracts without options and guaranteesContracts with options or guarantees
C0160C0170C0180C0190C0200C0210
Technical provisions calculated as a wholeR0010
Total Recoverables from reinsurance/SPV and Finite Re after the adjustment for expected losses due to counterparty default associated to TP calculated as a wholeR0020
Technical provisions calculated as a sum of BE and RM
Best Estimate
Gross Best EstimateR0030
Total Recoverables from reinsurance/SPV and Finite Re after the adjustment for expected losses due to counterparty defaultR0080
Best estimate minus recoverables from reinsurance/SPV and Finite Re — totalR0090
Risk MarginR0100
Amount of the transitional on Technical Provisions
Technical Provisions calculated as a wholeR0110
Best estimateR0120
Risk marginR0130
Technical provisions — totalR0200
S.17.01.02Non-life Technical Provisions
Direct business and accepted proportional reinsurance
Medical expense insuranceIncome protection insuranceWorkers' compensation insuranceMotor vehicle liability insuranceOther motor insuranceMarine, aviation and transport insuranceFire and other damage to property insuranceGeneral liability insuranceCredit and suretyship insurance
C0020C0030C0040C0050C0060C0070C0080C0090C0100
Technical provisions calculated as a wholeR0010
Total Recoverables from reinsurance/SPV and Finite Re after the adjustment for expected losses due to counterparty default associated to TP calculated as a wholeR0050
Technical provisions calculated as a sum of BE and RM
Best estimate
Premium provisions
GrossR0060
Total recoverable from reinsurance/SPV and Finite Re after the adjustment for expected losses due to counterparty defaultR0140
Net Best Estimate of Premium ProvisionsR0150
Claims provisions
GrossR0160
Total recoverable from reinsurance/SPV and Finite Re after the adjustment for expected losses due to counterparty defaultR0240
Net Best Estimate of Claims ProvisionsR0250
Total Best estimate — grossR0260
Total Best estimate — netR0270
Risk marginR0280
Amount of the transitional on Technical Provisions
Technical Provisions calculated as a wholeR0290
Best estimateR0300
Risk marginR0310
Technical provisions — total
Technical provisions — totalR0320
Recoverable from reinsurance contract/SPV and Finite Re after the adjustment for expected losses due to counterparty default — totalR0330
Technical provisions minus recoverables from reinsurance/SPV and Finite Re — totalR0340
Direct business and accepted proportional reinsuranceAccepted non-proportional reinsuranceTotal Non-Life obligation
Legal expenses insuranceAssistanceMiscellaneous financial lossNon-proportional health reinsuranceNon-proportional casualty reinsuranceNon-proportional marine, aviation and transport reinsuranceNon-proportional property reinsurance
C0110C0120C0130C0140C0150C0160C0170C0180
Technical provisions calculated as a wholeR0010
Total Recoverables from reinsurance/SPV and Finite Re after the adjustment for expected losses due to counterparty default associated to TP calculated as a wholeR0050
Technical provisions calculated as a sum of BE and RM
Best estimate
Premium provisions
GrossR0060
Total recoverable from reinsurance/SPV and Finite Re after the adjustment for expected losses due to counterparty defaultR0140
Net Best Estimate of Premium ProvisionsR0150
Claims provisions
GrossR0160
Total recoverable from reinsurance/SPV and Finite Re after the adjustment for expected losses due to counterparty defaultR0240
Net Best Estimate of Claims ProvisionsR0250
Total Best estimate — grossR0260
Total Best estimate — netR0270
Risk marginR0280
Amount of the transitional on Technical Provisions
Technical Provisions calculated as a wholeR0290
Best estimateR0300
Risk marginR0310
Technical provisions — total
Technical provisions — totalR0320
Recoverable from reinsurance contract/SPV and Finite Re after the adjustment for expected losses due to counterparty default — totalR0330
Technical provisions minus recoverables from reinsurance/SPV and Finite Re — totalR0340
S.19.01.21Non-life insurance claims
Total Non-Life Business
Accident year/Underwriting yearZ0020
Gross Claims Paid (non-cumulative)(absolute amount)
Development yearIn Current yearSum of years (cumulative)
Year012345678910 & +
C0010C0020C0030C0040C0050C0060C0070C0080C0090C0100C0110C0170C0180
PriorR0100R0100
N-9R0160R0160
N-8R0170R0170
N-7R0180R0180
N-6R0190R0190
N-5R0200R0200
N-4R0210R0210
N-3R0220R0220
N-2R0230R0230
N-1R0240R0240
NR0250R0250
TotalR0260
Gross undiscounted Best Estimate Claims Provisions(absolute amount)
Development yearYear end (discounted data)
Year012345678910 & +
C0200C0210C0220C0230C0240C0250C0260C0270C0280C0290C0300C0360
PriorR0100R0100
N-9R0160R0160
N-8R0170R0170
N-7R0180R0180
N-6R0190R0190
N-5R0200R0200
N-4R0210R0210
N-3R0220R0220
N-2R0230R0230
N-1R0240R0240
NR0250R0250
TotalR0260
S.22.01.21Impact of long term guarantees and transitional measures
Amount with Long Term Guarantee measures and transitionalsImpact of transitional on technical provisionsImpact of transitional on interest rateImpact of volatility adjustment set to zeroImpact of matching adjustment set to zero
C0010C0030C0050C0070C0090
Technical provisionsR0010
Basic own fundsR0020
Eligible own funds to meet Solvency Capital RequirementR0050
Solvency Capital RequirementR0090
Eligible own funds to meet Minimum Capital RequirementR0100
Minimum Capital RequirementR0110
S.22.01.22Impact of long term guarantees and transitional measures
Amount with Long Term Guarantee measures and transitionalsImpact of transitional on technical provisionsImpact of transitional on interest rateImpact of volatility adjustment set to zeroImpact of matching adjustment set to zero
C0010C0030C0050C0070C0090
Technical provisionsR0010
Basic own fundsR0020
Eligible own funds to meet Solvency Capital RequirementR0050
Solvency Capital RequirementR0090
S.23.01.01Own funds
TotalTier 1 — unrestrictedTier 1 — restrictedTier 2Tier 3
C0010C0020C0030C0040C0050
Basic own funds before deduction for participations in other financial sector as foreseen in article 68 of Delegated Regulation (EU) 2015/35
Ordinary share capital (gross of own shares)R0010
Share premium account related to ordinary share capitalR0030
Initial funds, members' contributions or the equivalent basic own — fund item for mutual and mutual-type undertakingsR0040
Subordinated mutual member accountsR0050
Surplus fundsR0070
Preference sharesR0090
Share premium account related to preference sharesR0110
Reconciliation reserveR0130
Subordinated liabilitiesR0140
An amount equal to the value of net deferred tax assetsR0160
Other own fund items approved by the supervisory authority as basic own funds not specified aboveR0180
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 fundsR0220
Deductions
Deductions for participations in financial and credit institutionsR0230
Total basic own funds after deductionsR0290
Ancillary own funds
Unpaid and uncalled ordinary share capital callable on demandR0300
Unpaid and uncalled initial funds, members' contributions or the equivalent basic own fund item for mutual and mutual — type undertakings, callable on demandR0310
Unpaid and uncalled preference shares callable on demandR0320
A legally binding commitment to subscribe and pay for subordinated liabilities on demandR0330
Letters of credit and guarantees under Article 96(2) of the Directive 2009/138/ECR0340
Letters of credit and guarantees other than under Article 96(2) of the Directive 2009/138/ECR0350
Supplementary members calls under first subparagraph of Article 96(3) of the Directive 2009/138/ECR0360
Supplementary members calls — other than under first subparagraph of Article 96(3) of the Directive 2009/138/ECR0370
Other ancillary own fundsR0390
Total ancillary own fundsR0400
Available and eligible own funds
Total available own funds to meet the SCRR0500
Total available own funds to meet the MCRR0510
Total eligible own funds to meet the SCRR0540
Total eligible own funds to meet the MCRR0550
SCRR0580
MCRR0600
Ratio of Eligible own funds to SCRR0620
Ratio of Eligible own funds to MCRR0640
C0060
Reconciliation reserve
Excess of assets over liabilitiesR0700
Own shares (held directly and indirectly)R0710
Foreseeable dividends, distributions and chargesR0720
Other basic own fund itemsR0730
Adjustment for restricted own fund items in respect of matching adjustment portfolios and ring fenced fundsR0740
Reconciliation reserveR0760
Expected profits
Expected profits included in future premiums (EPIFP) — Life businessR0770
Expected profits included in future premiums (EPIFP) — Non- life businessR0780
Total Expected profits included in future premiums (EPIFP)R0790
S.23.01.22Own funds
TotalTier 1 — unrestrictedTier 1 — restrictedTier 2Tier 3
C0010C0020C0030C0040C0050
Basic own funds before deduction for participations in other financial sector
Ordinary share capital (gross of own shares)R0010
Non-available called but not paid in ordinary share capital at group levelR0020
Share premium account related to ordinary share capitalR0030
Iinitial funds, members' contributions or the equivalent basic own — fund item for mutual and mutual-type undertakingsR0040
Subordinated mutual member accountsR0050
Non-available subordinated mutual member accounts at group levelR0060
Surplus fundsR0070
Non-available surplus funds at group levelR0080
Preference sharesR0090
Non-available preference shares at group levelR0100
Share premium account related to preference sharesR0110
Non-available share premium account related to preference shares at group levelR0120
Reconciliation reserveR0130
Subordinated liabilitiesR0140
Non-available subordinated liabilities at group levelR0150
An amount equal to the value of net deferred tax assetsR0160
The amount equal to the value of net deferred tax assets not available at the group levelR0170
Other items approved by supervisory authority as basic own funds not specified aboveR0180
Non available own funds related to other own funds items approved by supervisory authorityR0190
Minority interests (if not reported as part of a specific own fund item)R0200
Non-available minority interests at group levelR0210
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 shall not be represented by the reconciliation reserve and do not meet the criteria to be classified as Solvency II own fundsR0220
Deductions
Deductions for participations in other financial undertakings, including non-regulated undertakings carrying out financial activitiesR0230
whereof deducted according to Article 228 of the Directive 2009/138/ECR0240
Deductions for participations where there is non-availability of information (Article 229)R0250
Deduction for participations included by using D&A when a combination of methods is usedR0260
Total of non-available own fund itemsR0270
Total deductionsR0280
Total basic own funds after deductionsR0290
Ancillary own funds
Unpaid and uncalled ordinary share capital callable on demandR0300
Unpaid and uncalled initial funds, members' contributions or the equivalent basic own fund item for mutual and mutual — type undertakings, callable on demandR0310
Unpaid and uncalled preference shares callable on demandR0320
A legally binding commitment to subscribe and pay for subordinated liabilities on demandR0330
Letters of credit and guarantees under Article 96(2) of the Directive 2009/138/ECR0340
Letters of credit and guarantees other than under Article 96(2) of the Directive 2009/138/ECR0350
Supplementary members calls under first subparagraph of Article 96(3) of the Directive 2009/138/ECR0360
Supplementary members calls — other than under first subparagraph of Article 96(3) of the Directive 2009/138/ECR0370
Non available ancillary own funds at group levelR0380
Other ancillary own fundsR0390
Total ancillary own fundsR0400
Own funds of other financial sectors
Credit Institutions, investment firms, financial institutions, alternative investment fund managers, UCITS management companiesR0410
Institutions for occupational retirement provisionR0420
Non regulated entities carrying out financial activitiesR0430
Total own funds of other financial sectorsR0440
Own funds when using the D&A, exclusively or in combination of method 1
Own funds aggregated when using the D&A and combination of methodR0450
Own funds aggregated when using the D&A and combination of method net of IGTR0460
Total available own funds to meet the consolidated 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 SCRR0530
Total eligible own funds to meet the consolidated 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 SCRR0570
Minimum consolidated Group SCRR0610
Ratio of Eligible own funds to Minimum Consolidated Group SCRR0650
Total eligible own funds to meet the group SCR (including own funds from other financial sector and from the undertakings included via D&A )R0660
Group SCRR0680
Ratio of Eligible own funds to group SCR including other financial sectors and the undertakings included via D&AR0690
C0060
Reconciliation reserve
Excess of assets over liabilitiesR0700
Own shares (held directly and indirectly)R0710
Foreseeable dividends, distributions and chargesR0720
Other basic own fund itemsR0730
Adjustment for restricted own fund items in respect of matching adjustment portfolios and ring fenced fundsR0740
Other non available own fundsR0750
Reconciliation reserve before deduction for participations in other financial sectorR0760
Expected profits
Expected profits included in future premiums (EPIFP) — Life businessR0770
Expected profits included in future premiums (EPIFP) — Non- life businessR0780
Total EPIFPR0790
S.25.01.21Solvency Capital Requirement — for undertakings on Standard Formula
Gross solvency capital requirementUSPSimplifications
C0110C0090C0120
Market riskR0010
Counterparty default riskR0020
Life underwriting riskR0030
Health underwriting riskR0040
Non-life underwriting riskR0050
DiversificationR0060
Intangible asset riskR0070
Basic Solvency Capital RequirementR0100
Calculation of Solvency Capital RequirementC0100
Operational riskR0130
Loss-absorbing capacity of technical provisionsR0140
Loss-absorbing capacity of deferred taxesR0150
Capital requirement for business operated in accordance with Art. 4 of Directive 2003/41/ECR0160
Solvency capital requirement excluding capital add-onR0200
Capital add-on already setR0210
Solvency capital requirementR0220
Other information on SCR
Capital requirement for duration-based equity risk sub-moduleR0400
Total amount of Notional Solvency Capital Requirement for remaining partR0410
Total amount of Notional Solvency Capital Requirements for ring fenced fundsR0420
Total amount of Notional Solvency Capital Requirements for matching adjustment portfoliosR0430
Diversification effects due to RFF nSCR aggregation for article 304R0440
S.25.01.22Solvency Capital Requirement — for groups on Standard Formula
Gross solvency capital requirementUSPSimplifications
C0110C0090C0120
Market riskR0010
Counterparty default riskR0020
Life underwriting riskR0030
Health underwriting riskR0040
Non-life underwriting riskR0050
DiversificationR0060
Intangible asset riskR0070
Basic Solvency Capital RequirementR0100
Calculation of Solvency Capital RequirementC0100
Operational riskR0130
Loss-absorbing capacity of technical provisionsR0140
Loss-absorbing capacity of deferred taxesR0150
Capital requirement for business operated in accordance with Art. 4 of Directive 2003/41/ECR0160
Solvency capital requirement excluding capital add-onR0200
Capital add-on already setR0210
Solvency capital requirementR0220
Other information on SCR
Capital requirement for duration-based equity risk sub-moduleR0400
Total amount of Notional Solvency Capital Requirements for remaining partR0410
Total amount of Notional Solvency Capital Requirements for ring fenced fundsR0420
Total amount of Notional Solvency Capital Requirements for matching adjustment portfoliosR0430
Diversification effects due to RFF nSCR aggregation for article 304R0440
Minimum consolidated group solvency capital requirementR0470
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 companiesR0510
Capital requirement for other financial sectors (Non-insurance capital requirements) — Institutions for occupational retirement provisionsR0520
Capital requirement for other financial sectors (Non-insurance capital requirements) — Capital requirement for non-regulated entities carrying out financial activitiesR0530
Capital requirement for non-controlled participation requirementsR0540
Capital requirement for residual undertakingsR0550
Overall SCR
SCR for undertakings included via D and AR0560
Solvency capital requirementR0570
S.25.02.21Solvency Capital Requirement — for undertakings using the standard formula and partial internal model
Unique number of componentComponents descriptionCalculation of the Solvency Capital RequirementAmount modelledUSPSimplifications
C0010C0020C0030C0070C0090C0120
Calculation of Solvency Capital RequirementC0100
Total undiversified componentsR0110
DiversificationR0060
Capital requirement for business operated in accordance with Art. 4 of Directive 2003/41/ECR0160
Solvency capital requirement excluding capital add-onR0200
Capital add-ons already setR0210
Solvency capital requirementR0220
Other information on SCR
Amount/estimate of the overall loss-absorbing capacity of technical provisionsR0300
Amount/estimate of the overall loss-absorbing capacity ot deferred taxesR0310
Capital requirement for duration-based equity risk sub-moduleR0400
Total amount of Notional Solvency Capital Requirements for remaining partR0410
Total amount of Notional Solvency Capital Requirements for ring fenced fundsR0420
Total amount of Notional Solvency Capital Requirement for matching adjustment portfoliosR0430
Diversification effects due to RFF nSCR aggregation for article 304R0440
S.25.02.22Solvency Capital Requirement — for groups using the standard formula and partial internal model
Unique number of componentComponents descriptionCalculation of the Solvency Capital RequirementAmount modelledUSPSimplifications
C0010C0020C0030C0070C0090C0120
Calculation of Solvency Capital RequirementC0100
Total undiversified componentsR0110
DiversificationR0060
Capital requirement for business operated in accordance with Art. 4 of Directive 2003/41/ECR0160
Solvency capital requirement excluding capital add-onR0200
Capital add-ons already setR0210
Solvency capital requirement for undertakings under consolidated methodR0220
Other information on SCR
Amount/estimate of the overall loss-absorbing capacity of technical provisionsR0300
Amount/estimate of the overall loss-absorbing capacity ot deferred taxesR0310
Capital requirement for duration-based equity risk sub-moduleR0400
Total amount of Notional Solvency Capital Requirements for remaining partR0410
Total amount of Notional Solvency Capital Requirements for ring fenced fundsR0420
Total amount of Notional Solvency Capital Requirement for matching adjustment portfoliosR0430
Diversification effects due to RFF nSCR aggregation for article 304R0440
Minimum consolidated group solvency capital requirementR0470
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 companiesR0510
Capital requirement for other financial sectors (Non-insurance capital requirements) — Institutions for occupational retirement provisionsR0520
Capital requirement for other financial sectors (Non-insurance capital requirements) — Capital requirement for non-regulated entities carrying out financial activitiesR0530
Capital requirement for non-controlled participation requirementsR0540
Capital requirement for residual undertakingsR0550
C0100
Overall SCR
SCR for undertakings included via D and AR0560
Solvency capital requirementR0570
S.25.03.21Solvency Capital Requirement — for undertakings on Full Internal Models
Unique number of componentComponents descriptionCalculation of the Solvency Capital Requirement
C0010C0020C0030
Calculation of Solvency Capital RequirementC0100
Total undiversified componentsR0110
DiversificationR0060
Capital requirement for business operated in accordance with Art. 4 of Directive 2003/41/EC (transitional)R0160
Solvency capital requirement excluding capital add-onR0200
Capital add-ons already setR0210
Solvency capital requirementR0220
Other information on SCR
Amount/estimate of the overall loss-absorbing capacity of technical provisionsR0300
Amount/estimate of the overall loss-absorbing capacity ot deferred taxesR0310
Total amount of Notional Solvency Capital Requirements for remaining partR0410
Total amount of Notional Solvency Capital Requirements for ring fenced fundsR0420
Total amount of Notional Solvency Capital Requirement for matching adjustment portfoliosR0430
Diversification effects due to RFF nSCR aggregation for article 304R0440
S.25.03.22Solvency Capital Requirement — for groups on Full Internal Models
Unique number of componentComponents descriptionCalculation of the Solvency Capital Requirement
C0010C0020C0030
Calculation of Solvency Capital RequirementC0100
Total undiversified componentsR0110
DiversificationR0060
Capital requirement for business operated in accordance with Art. 4 of Directive 2003/41/ECR0160
Solvency capital requirement excluding capital add-onR0200
Capital add-ons already setR0210
Solvency capital requirementR0220
Other information on SCR
Amount/estimate of the overall loss-absorbing capacity of technical provisionsR0300
Amount/estimate of the overall loss-absorbing capacity ot deferred taxesR0310
Total amount of Notional Solvency Capital Requirements for remaining partR0410
Total amount of Notional Solvency Capital Requirements for ring fenced fundsR0420
Total amount of Notional Solvency Capital Requirement for matching adjustment portfoliosR0430
Diversification effects due to RFF nSCR aggregation for article 304R0440
Minimum consolidated group solvency capital requirementR0470
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 companiesR0510
Capital requirement for other financial sectors (Non-insurance capital requirements) — Institutions for occupational retirement provisionsR0520
Capital requirement for other financial sectors (Non-insurance capital requirements) — Capital requirement for non-regulated entities carrying out financial activitiesR0530
Capital requirement for non-controlled participation requirementsR0540
Capital requirement for residual undertakingsR0550
S.28.01.01Minimum Capital Requirement — Only life or only non-life insurance or reinsurance activity
Linear formula component for non-life insurance and reinsurance obligations
C0010
MCRNL ResultR0010
Net (of reinsurance/SPV) best estimate and TP calculated as a wholeNet (of reinsurance) written premiums in the last 12 months
C0020C0030
Medical expense insurance and proportional reinsuranceR0020
Income protection insurance and proportional reinsuranceR0030
Workers' compensation insurance and proportional reinsuranceR0040
Motor vehicle liability insurance and proportional reinsuranceR0050
Other motor insurance and proportional reinsuranceR0060
Marine, aviation and transport insurance and proportional reinsuranceR0070
Fire and other damage to property insurance and proportional reinsuranceR0080
General liability insurance and proportional reinsuranceR0090
Credit and suretyship insurance and proportional reinsuranceR0100
Legal expenses insurance and proportional reinsuranceR0110
Assistance and proportional reinsuranceR0120
Miscellaneous financial loss insurance and proportional reinsuranceR0130
Non-proportional health reinsuranceR0140
Non-proportional casualty reinsuranceR0150
Non-proportional marine, aviation and transport reinsuranceR0160
Non-proportional property reinsuranceR0170
Linear formula component for life insurance and reinsurance obligations
C0040
MCRL ResultR0200
Net (of reinsurance/SPV) best estimate and TP calculated as a wholeNet (of reinsurance/SPV) total capital at risk
C0050C0060
Obligations with profit participation — guaranteed benefitsR0210
Obligations with profit participation — future discretionary benefitsR0220
Index-linked and unit-linked insurance obligationsR0230
Other life (re)insurance and health (re)insurance obligationsR0240
Total capital at risk for all life (re)insurance obligationsR0250
Overall MCR calculation
C0070
Linear MCRR0300
SCRR0310
MCR capR0320
MCR floorR0330
Combined MCRR0340
Absolute floor of the MCRR0350
C0070
Minimum Capital RequirementR0400
S.28.02.01Minimum Capital Requirement — Both life and non-life insurance activity
Non-life activitiesLife activitiesNon-life activitiesLife activities
MCR(NL,NL) ResultMCR(NL,L)Result
C0010C0020
Linear formula component for non-life insurance and reinsurance obligationsR0010
Net (of reinsurance/SPV) best estimate and TP calculated as a wholeNet (of reinsurance) written premiums in the last 12 monthsNet (of reinsurance/SPV) best estimate and TP calculated as a wholeNet (of reinsurance) written premiums in the last 12 months
C0030C0040C0050C0060
Medical expense insurance and proportional reinsuranceR0020
Income protection insurance and proportional reinsuranceR0030
Workers' compensation insurance and proportional reinsuranceR0040
Motor vehicle liability insurance and proportional reinsuranceR0050
Other motor insurance and proportional reinsuranceR0060
Marine, aviation and transport insurance and proportional reinsuranceR0070
Fire and other damage to property insurance and proportional reinsuranceR0080
General liability insurance and proportional reinsuranceR0090
Credit and suretyship insurance and proportional reinsuranceR0100
Legal expenses insurance and proportional reinsuranceR0110
Assistance and proportional reinsuranceR0120
Miscellaneous financial loss insurance and proportional reinsuranceR0130
Non-proportional health reinsuranceR0140
Non-proportional casualty reinsuranceR0150
Non-proportional marine, aviation and transport reinsuranceR0160
Non-proportional property reinsuranceR0170
Non-life activitiesLife activitiesNon-life activitiesLife activities
MCR(L,NL) ResultMCR(L,L) Result
C0070C0080
Linear formula component for life insurance and reinsurance obligationsR0200
Net (of reinsurance/SPV) best estimate and TP calculated as a wholeNet (of reinsurance/SPV) total capital at riskNet (of reinsurance/SPV) best estimate and TP calculated as a wholeNet (of reinsurance/SPV) total capital at risk
C0090C0100C0110C0120
Obligations with profit participation — guaranteed benefitsR0210
Obligations with profit participation — future discretionary benefitsR0220
Index-linked and unit-linked insurance obligationsR0230
Other life (re)insurance and health (re)insurance obligationsR0240
Total capital at risk for all life (re)insurance obligationsR0250
Overall MCR calculation
C0130
Linear MCRR0300
SCRR0310
MCR capR0320
MCR floorR0330
Combined MCRR0340
Absolute floor of the MCRR0350
C0130
Minimum Capital RequirementR0400
Notional non-life and life MCR calculationNon-life activitiesLife activities
C0140C0150
Notional linear MCRR0500
Notional SCR excluding add-on (annual or latest calculation)R0510
Notional MCR capR0520
Notional MCR floorR0530
Notional Combined MCRR0540
Absolute floor of the notional MCRR0550
Notional MCRR0560
S.32.01.22Undertakings in the scope of the group
CountryIdentification code of the undertakingType of code of the ID of the undertakingLegal name of the undertakingType of undertakingLegal formCategory (mutual/non mutual)Supervisory Authority
C0010C0020C0030C0040C0050C0060C0070C0080(cont)
Criteria of influenceInclusion in the scope of group supervisionGroup solvency calculation
% capital share% used for the establishment of consolidated accounts% voting rightsOther criteriaLevel of influenceProportional share used for group solvency calculationYES/NODate of decision if art. 214 is appliedMethod used and under method 1, treatment of the undertaking
C0180C0190C0200C0210C0220C0230C0240C0250C0260
ANNEX IIInstructions regarding the templates for the solvency and condition report of individual undertakingsThis Annex contains additional instructions in relation to the templates included in Annex I of this Regulation. 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 sheetGeneral comments:This section relates to annual disclosure of information for individual entities.The "Solvency II value" column (C0010) shall be completed using the valuation principles set out in the Directive2009/138/EC, Delegated Regulation (EU) 2015/35, Solvency 2 Technical Standards and Guidelines.
AssetsLiabilities
ITEMINSTRUCTIONS
C0010/R0030Intangible assetsIntangible assets other than goodwill. An identifiable non–monetary asset without physical substance.
C0010/R0040Deferred tax assetsDeferred 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; and/or(c)the carry forward of unused tax credits.
C0010/R0050Pension benefit surplusThis is the total of net surplus related to employees' pension scheme.
C0010/R0060Property, plant & equipment held for own useTangible assets which are intended for permanent use and property held by the undertaking for own use. It includes also property for own use under construction.
C0010/R0070Investments (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/R0080Property (other than for own use)Amount of the property, other than for own use. It includes also property under construction other than for own use.
C0010/R0090Holdings in related undertakings, including participationsParticipations as defined in Article 13(20) and 212 (2) and holdings in related undertakings in Article 212(1)(b) of Directive 2009/138/EC.When part of the assets regarding participation and related undertakings refer to unit and index linked contracts, these parts shall be disclosed in "Assets held for index–linked and unit–linked contracts" in C0010/R0220.
C0010/R0100EquitiesThis is the total amount of equities, listed and unlisted.
C0010/R0110Equities — listedShares representing corporations' capital, e.g. representing ownership in a corporation, negotiated on a regulated market or on a multilateral trading facility, as defined by Directive 2004/39/EC.It shall exclude holdings in related undertakings, including participations.
C0010/R0120Equities — unlistedShares representing corporations' capital, e.g. representing ownership in a corporation, not negotiated on a regulated market or on a multilateral trading facility, as defined by Directive 2004/39/EC.It shall exclude holdings in related undertakings, including participations.
C0010/R0130BondsThis is the total amount of government bonds, corporate bonds, structured notes and collateralised securities.
C0010/R0140Government BondsBonds 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 denominated and funded in the domestic currency of that central government and the central bank, multilateral development banks referred to in paragraph 2 of Article 117 of Regulation (EU) No 575/2013 or international organisations referred to in Article 118 of Regulation (EU) No 575/2013, where the guarantee meets the requirements set out in Article 215 of Delegated Regulation (EU) 2015/35.
C0010/R0150Corporate BondsBonds issued by corporations
C0010/R0160Structured notesHybrid 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"). Assets under this category are not subject to unbundling
C0010/R0170Collateralised securitiesSecurities whose value and payments are derived from a portfolio of underlying assets. Includes 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/R0180Collective Investments UndertakingsCollective 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 Council2 or an alternative investment fund ("AIF") as defined in Article 4(1)(a) of Directive 2011/61/EU of the European Parliament and of the Council.
C0010/R0190DerivativesA 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/R0200Deposits other than cash equivalentsDeposits 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/R0210Other investmentsOther investments not covered already within investments disclosed above.
C0010/R0220Assets held for index–linked and unit–linked contractsAssets held for index–linked and unit–linked contracts (classified in line of business 31 as defined in Annex I of Delegated Regulation (EU) 2015/35).
C0010/R0230Loans and mortgagesThis 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/R0240Loans on policiesLoans made to policyholders, collateralised on policies (underlying technical provisions).
C0010/R0250Loans and mortgages to individualsFinancial assets created when creditors lend funds to debtors — individuals, with collateral or not, including cash pools.
C0010/R0260Other loans and mortgagesFinancial assets created when creditors lend funds to debtors — others, not classifiable in item R0240 or R0250, with collateral or not, including cash pools.
C0010/R0270Reinsurance recoverables from:This is the total amount of reinsurance recoverables. It corresponds to the amount of reinsurer share of technical provisions (including Finite Re and SPV).
C0010/R0280Non–life and health similar to non–lifeReinsurance recoverables in respect of technical provisions for non–life and health similar to non–life.
C0010/R0290Non–life excluding healthReinsurance recoverables in respect of technical provisions for non–life business, excluding technical provisions for health– similar to non –life
C0010/R0300Health similar to non–lifeReinsurance recoverables in respect of technical provisions for health similar to non — life.
C0010/R0310Life and health similar to life, excluding health and index–linked and unit–linkedReinsurance recoverable in respect of technical provisions for life and health similar to life, excluding health and index–linked and unit–linked
C0010/R0320Health similar to lifeReinsurance recoverables in respect of technical provisions for health–similar to life.
C0010/R0330Life excluding health and index–linked and unit–linkedReinsurance 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/R0340Life index–linked and unit–linkedReinsurance recoverables in respect of technical provisions for life index–linked and unit–linked business.
C0010/R0350Deposits to cedantsDeposits relating to reinsurance accepted.
C0010/R0360Insurance and intermediaries receivablesAmounts past–due for payment by policyholders, insurers, and other linked to insurance business, that are not included in cash–in flows of technical provisions.It shall include receivables from reinsurance accepted.
C0010/R0370Reinsurance receivablesAmounts past due by reinsurers and linked to reinsurance business that is not included in reinsurance recoverables.It might include: the amounts past due from receivables from reinsurers that relate to settled claims of policyholders or beneficiaries; receivables from reinsurers in relation to other than insurance events or settled insurance claims, for example commissions.
C0010/R0380Receivables (trade, not insurance)Includes amounts receivables from employees or various business partners (not insurance–related), including public entities.
C0010/R0390Own shares (held directly)This is the total amount of own shares held directly by the undertaking.
C0010/R0400Amounts due in respect of own fund items or initial fund called up but not yet paid inValue of the amount due in respect of own fund items or initial fund called up but not yet paid in.
C0010/R0410Cash and cash equivalentsNotes 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/R0420Any other assets, not elsewhere shownThis is the amount of any other assets not elsewhere already included within balance Sheet items.
C0010/R0500Total assetsThis is the overall total amount of all assets.
C0010/R0510Technical provisions — non–lifeSum of the technical provisions non–life.This amount should include 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/R0520Technical provisions — non–life (excluding health)This is the total amount of technical provisions for non — life business (excluding health).This amount should include 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/R0530Technical provisions — non–life (excluding health) — technical provisions calculated as a wholeThis is the total amount of technical provisions calculated as whole (replicable/hedgeable portfolio) for non — life business (excluding health).This amount should include 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/R0540Technical provisions — non–life (excluding health) — Best estimateThis 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 should include 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/R0550Technical provisions — non–life (excluding health) — Risk marginThis is the total amount of risk margin of technical provisions for non — life business (excluding health).This amount should include 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/R0560Technical provisions — health (similar to non–life)This is the total amount of technical provisions for health (similar to non — life).This amount should include 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/R0570Technical provisions — health (similar to non — life) — technical provisions calculated as a wholeThis is the total amount of technical provisions calculated as a whole (replicable / hedgeable portfolio) for health (similar to non–life).This amount should include the apportionment from the transitional deduction to technical provisions in accordance with the proportionate methodology used for the purposes of MCR calculation.
C0010/R0580Technical provisions — health(similar to non –life) — Best estimateThis 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 should include the apportionment from the transitional deduction to technical provisions in accordance with the proportionate methodology used for the purposes of MCR calculation.
C0010/R0590Technical provisions — health (similar to non — life) — Risk marginThis is the total amount of risk margin of technical provisions for health business (similar to non — life).This amount should include the apportionment from the transitional deduction to technical provisions in accordance with the proportionate methodology used for the purposes of MCR calculation.
C0010/R0600Technical provisions — life (excluding index–linked and unit–linked)Sum of the technical provisions life (excluding index–linked and unit–linked).This amount should include the apportionment from the transitional deduction to technical provisions in accordance with the proportionate methodology used for the purposes of MCR calculation.
C0010/R0610Technical provisions — health (similar to life)This is the total amount of technical provisions for health (similar to life) business.This amount should include the apportionment from the transitional deduction to technical provisions in accordance with the proportionate methodology used for the purposes of MCR calculation.
C0010/R0620Technical provisions — health (similar to life) — technical provisions calculated as a wholeThis is the total amount of technical provisions calculated as a whole (replicable / hedgeable portfolio) for health (similar to life) business.This amount should include the apportionment from the transitional deduction to technical provisions in accordance with the proportionate methodology used for the purposes of MCR calculation.
C0010/R0630Technical provisions — health (similar to life) — Best estimateThis 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 should include the apportionment from the transitional deduction to technical provisions in accordance with the proportionate methodology used for the purposes of MCR calculation.
C0010/R0640Technical provisions — health (similar to life) — Risk marginThis is the total amount of risk margin of technical provisions for health (similar to life) business.This amount should include the apportionment from the transitional deduction to technical provisions in accordance with the proportionate methodology used for the purposes of MCR calculation.
C0010/R0650Technical 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 should include the apportionment from the transitional deduction to technical provisions in accordance with the proportionate methodology used for the purposes of MCR calculation.
C0010/R0660Technical provisions — life (excl. health and index–linked and unit–linked) — technical provisions calculated as a wholeThis 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 should include the apportionment from the transitional deduction to technical provisions in accordance with the proportionate methodology used for the purposes of MCR calculation.
C0010/R0670Technical provisions — life (excl. health and index–linked and unit–linked) — Best estimateThis 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 should include the apportionment from the transitional deduction to technical provisions in accordance with the proportionate methodology used for the purposes of MCR calculation.
C0010/R0680Technical provisions — life (excl. health and index–linked and unit–linked) — Risk marginThis is the total amount of risk margin of technical provisions for life (excluding health and index — linked and unit — linked) business.This amount should include the apportionment from the transitional deduction to technical provisions in accordance with the proportionate methodology used for the purposes of MCR calculation.
C0010/R0690Technical provisions — index–linked and unit–linkedThis is the total amount of technical provisions for index — linked and unit — linked business.This amount should include the apportionment from the transitional deduction to technical provisions in accordance with the proportionate methodology used for the purposes of MCR calculation.
C0010/R0700Technical provisions — index–linked and unit–linked — technical provisions calculated as a wholeThis is the total amount of technical provisions calculated as a whole (replicable / hedgeable portfolio) for index — linked and unit — linked business.This amount should include the apportionment from the transitional deduction to technical provisions in accordance with the proportionate methodology used for the purposes of MCR calculation.
C0010/R0710Technical provisions — index–linked and unit–linked — Best estimateThis is the total amount of best estimate of technical provisions for index — linked and unit — linked business.Best estimate shall be disclosed gross of reinsuranceThis amount should include the apportionment from the transitional deduction to technical provisions in accordance with the proportionate methodology used for the purposes of MCR calculation.
C0010/R0720Technical provisions — index–linked and unit–linked — Risk marginThis is the total amount of risk margin of technical provisions for index — linked and unit — linked business.This amount should include the apportionment from the transitional deduction to technical provisions in accordance with the proportionate methodology used for the purposes of MCR calculation.
C0010/R0740Contingent liabilitiesA contingent liability is defined as:(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 the Delegated Regulation (EU) 2015/35.
C0010/R0750Provisions other than technical provisionsLiabilities 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/R0760Pension benefit obligationsThis is the total net obligations related to employees' pension scheme.
C0010/R0770Deposits from reinsurersAmounts (e.g. cash) received from reinsurer or deducted by the reinsurer according to the reinsurance contract.
C0010/R0780Deferred tax liabilitiesDeferred tax liabilities are the amounts of income taxes payable in future periods in respect of taxable temporary differences.
C0010/R0790DerivativesA 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/R0800Debts owed to credit institutionsDebts, such as 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. It This shall also include bank overdrafts.
C0010/R0810Financial liabilities other than debts owed to credit institutionsFinancial 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/R0820Insurance and intermediaries payablesAmounts past due to policyholders, insurers and other business linked to insurance, but that are not technical provisions.Includes amounts past due to (re)insurance intermediaries (e.g. commissions due to intermediaries but not yet paid by the undertaking).Excludes loans & mortgages due to other insurance companies, if they 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/R0830Reinsurance payablesAmounts payable, past due to reinsurers (in particular current accounts) other than deposits linked to reinsurance business, that are not included in reinsurance recoverables.Includes payables to reinsurers that relate to ceded premiums.
C0010/R0840Payables (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/R0850Subordinated liabilitiesSubordinated 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/R0860Subordinated liabilities not in Basic Own FundsSubordinated 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/R0870Subordinated liabilities in Basic Own FundsSubordinated liabilities classified in Basic Own Funds.
C0010/R0880Any other liabilities, not elsewhere shownThis is the total of any other liabilities, not elsewhere already included in other Balance Sheet items.
C0010/R0900Total liabilitiesThis is the overall total amount of all liabilities.
C0010/R1000Excess of assets over liabilitiesThis 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.05.01. — Premiums, claims and expenses by line of businessGeneral comments:This section relates to 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 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.
Non–life insurance and reinsurance obligationsLife insurance and reinsurance obligations
ITEMINSTRUCTIONS
C0010 to C0120/R0110Premiums written — Gross — Direct BusinessDefinition 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.
C0010 to C0120/R0120Premiums written — Gross — Proportional reinsurance acceptedDefinition 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.
C0130 to C0160/R0130Premiums written — Gross — Non proportional reinsurance acceptedDefinition 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.
C0010 to C0160/R0140Premiums written — Reinsurers' shareDefinition 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.
C0010 to C0160/R0200Premiums written — netDefinition 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.
C0010 to C0120/R0210Premiums earned — Gross — Direct businessDefinition 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 insurance business.
C0010 to C0120/R0220Premiums earned — Gross — Proportional reinsurance acceptedDefinition 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.
C0130 to C0160/R0230Premiums earned — Gross — Non proportional reinsurance acceptedDefinition 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.
C0010 to C0160/R0240Premiums earned — reinsurers' shareDefinition of earned premiums provided in directive 91/674/EEC where applicable: it is 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/R0300Premiums earned — NetDefinition 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.
C0010 to C0120/R0310Claims incurred Gross — Direct businessClaims 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.
C0010 to C0120/R0320Claims incurred Gross — Proportional reinsurance acceptedClaims 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 proportional reinsurance accepted.This shall exclude claims management expenses and the movement in provisions in claims management expenses.
C0130 to C0160/R0330Claims incurred — Gross — Non proportional reinsurance acceptedClaims 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 non proportional reinsurance accepted.This shall exclude claims management expenses and the movement in provisions in claims management expenses.
C0010 to C0160/R0340Claims incurred — Reinsurers' shareClaims 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.This shall exclude claims management expenses and the movement in provisions in claims management expenses.
C0010 to C0160/R0400Claims incurred — NetClaims 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.
C0010 to C0120/R0410Changes in other technical provisions — Gross — Direct businessChanges in other technical provisions as defined in Directive 91/674/EEC where applicable: it is the changes in other technical provisions for the gross direct business.This item shall be reported as a positive amount if the variation is negative (reduction of other technical provisions leading to a profit) or as a negative amount if variation is positive (increase of other technical provisions leading to a loss).
C0010 to C0120/R0420Changes in other technical provisions — Gross — Proportional reinsurance acceptedChanges in other technical provisions as defined in Directive 91/674/EEC where applicable: it is the changes in other technical provisions for the gross proportional reinsurance accepted.This item shall be reported as a positive amount if the variation is negative (reduction of other technical provisions leading to a profit) or as a negative amount if variation is positive (increase of other technical provisions leading to a loss).
C0130 to C0160/R0430Changes in other technical provisions — Gross — Non- proportional reinsurance acceptedChanges in other technical provisions as defined in Directive 91/674/EEC where applicable: it is the changes in other technical provisions for the gross non- proportional reinsurance accepted.This item shall be reported as a positive amount if the variation is negative (reduction of other technical provisions leading to a profit) or as a negative amount if variation is positive (increase of other technical provisions leading to a loss).
C0010 to C0160/R0440Changes in other technical provisions — Reinsurers' shareChanges in other technical provisions as defined in Directive 91/674/EEC where applicable: it is the changes in other technical provisions related to the amounts ceded to reinsurers.This item shall be reported as a positive amount if the variation is negative or as a negative amount if variation is positive.
C0010 to C0160/R0500Changes in other technical provisions — NetChanges in other technical provisions as defined in Directive 91/674/EEC where applicable: the net amount of changes in other technical provisions represent the sum of the direct business and the accepted reinsurance business reduced by the amount ceded to reinsurance undertakings.This item shall be reported as a positive amount if the variation is negative (reduction of other technical provisions leading to a profit) or as a negative amount if variation is positive (increase of other technical provisions leading to a loss).
C0010 to C0160/R0550Expenses incurredAll technical expenses incurred by the undertaking during the reporting period, on accrual basis.
C0200/R0110–R0550TotalTotal for different items for all Lines of Business.
C0200/R1200Other expensesOther 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.
C0200/R1300Total expensesAmount of all technical expenses
C0210 to C0280/R1410Premiums written — GrossDefinition 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.It includes both direct and reinsurance business.
C0210 to C0280/R1420Premiums written — Reinsurers' shareDefinition 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.
C0210 to C0280/R1500Premiums written — netDefinition 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.
C0210 to C0280/R1510Premiums earned — GrossDefinition 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 insurance and reinsurance accepted business.
C0210 to C0280/R1520Premiums earned — reinsurers' shareDefinition 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.
C0210 to C0280/R1600Premiums earned — NetDefinition 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.
C0210 to C0280/R1610Claims incurred — GrossClaims incurred in the reporting period as defined 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 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/R1620Claims incurred — Reinsurers' shareClaims incurred in the reporting period as defined 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.This shall exclude claims management expenses and the movement in provisions in claims management expenses.
C0210 to C0280/R1700Claims incurred — NetClaims incurred in the reporting period as defined 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/R1710Changes in other technical provisions — Gross — Direct business and reinsurance acceptedDefinition of changes in other technical provisions provided in Directive 91/674/EEC where applicable: it is the changes in other technical provisions relating to insurance contracts arising from the gross direct and reinsurance business.This item shall be reported as a positive amount if the variation is negative (reduction of other technical provisions leading to a profit) or as a negative amount if variation is positive (increase of other technical provisions leading to a loss).
C0210 to C0280/R1720Change in other technical provisions — Reinsurers' shareDefinition of changes in other technical provisions provided in Directive 91/674/EEC where applicable: it is the reinsurers' share in changes in other technical provisions.This item shall be reported as a positive amount if the variation is negative or as a negative amount if variation is positive.
C0210 to C0280/R1800Change in other technical provisions — NetDefinition of changes in other technical provisions provided in Directive 91/674/EEC where applicable: the net changes in other technical provisions related to the sum of the direct business and the accepted reinsurance business reduced by the amount ceded to reinsurance undertakings.This item shall be reported as a positive amount if the variation is negative (reduction of other technical provisions leading to a profit) or as a negative amount if variation is positive (increase of other technical provisions leading to a loss).
C0210 to C0280/R1900Expenses incurredAll technical expenses incurred by the undertaking during the reporting period, on accrual basis.
C0300/R1410–R1900TotalTotal for different items for all life lines of business.
C0300/R2500Other expensesOther 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.
C0300/R2600Total expensesAmount of all technical expenses.
C0210 to C0280/R2700Total amount of surrendersThis 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 countryGeneral comments:This section relates to annual disclosure of information for individual entities. Insurance and reinsurance undertakings 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 Generally accepted accounting principles ("GAAP") or International Financial Reporting Standards ("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.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 premiumsFor the direct insurance business for the lines of business "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.
Non–life insurance and reinsurance obligationsLife insurance and reinsurance obligations
ITEMINSTRUCTIONS
C0020 to C0060/R0010Top 5 countries (by amount of gross premiums written) — non–life obligationsIdentify the ISO 3166–1 alpha–2 code of the countries being disclosed for the non–life obligations.
C0080 to C0140/R0110Premiums written — Gross — Direct BusinessDefinition 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.
C0080 to C0140/R0120Premiums written — Gross — Proportional reinsurance acceptedDefinition 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.
C0080 to C0140/R0130Premiums written — Gross — Non proportional reinsurance acceptedDefinition 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.
C0080 to C0140/R0140Premiums written — Reinsurers' shareDefinition 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.
C0080 to C0140/R0200Premiums written — netDefinition 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.
C0080 to C0140/R0210Premiums earned — Gross — Direct businessDefinition 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.
C0080 to C0140/R0220Premiums earned — Gross — Proportional reinsurance acceptedDefinition 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.
C0080 to C0140/R0230Premiums earned — Gross — Non proportional reinsurance acceptedDefinition 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.
C0080 to C0140/R0240Premiums earned — reinsurers' shareDefinition of earned premiums provided in directive 91/674/EEC where applicable: it is the sum of reinsurer's share in gross premiums written minus the change in the reinsurer's share in provision for unearned premiums.
C0080 to C0140/R0300Premiums earned — NetDefinition 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.
C0080 to C0140/R0310Claims incurred Gross — Direct businessClaims 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/R0320Claims incurred Gross — Proportional reinsurance acceptedClaims 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/R0330Claims incurred — Gross — Non proportional reinsurance acceptedClaims 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/R0340Claims incurred — Reinsurers' shareClaims incurred in the reporting period as defined in directive 91/674/EEC where applicable: it is 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/R0400Claims incurred — NetClaims 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/R0410Changes in other technical provisions — Gross — Direct businessChanges in other technical provisions as defined in Directive 91/674/EEC where applicable: it is the changes in other technical provisions for the gross direct business.This item shall be reported as a positive amount if the variation is negative (reduction of other technical provisions leading to a profit) or as a negative amount if variation is positive (increase of other technical provisions leading to a loss).
C0080 to C0140/R0420Changes in other technical provisions — Gross — Proportional reinsurance acceptedChanges in other technical provisions as defined in Directive 91/674/EEC where applicable: it is the changes in other technical provisions for the gross proportional reinsurance accepted.This item shall be reported as a positive amount if the variation is negative (reduction of other technical provisions leading to a profit) or as a negative amount if variation is positive (increase of other technical provisions leading to a loss).
C0080 to C0140/R0430Changes in other technical provisions — Gross — Non- proportional reinsurance acceptedChanges in other technical provisions as defined in Directive 91/674/EEC where applicable: it is the changes in other technical provisions for the gross non- proportional reinsurance accepted.This item shall be reported as a positive amount if the variation is negative (reduction of other technical provisions leading to a profit) or as a negative amount if variation is positive (increase of other technical provisions leading to a loss).
C0080 to C0140/R0440Changes in other technical provisions — Reinsurers' shareChanges in other technical provisions as defined in Directive 91/674/EEC where applicable: it is the changes in other technical provisions related to the amounts ceded to reinsurers.This item shall be reported as a positive amount if the variation is negative or as a negative amount if variation is positive.
C0080 to C0140/R0500Changes in other technical provisions — NetChanges in other technical provisions as defined in Directive 91/674/EEC where applicable: the net amount of changes in other technical provisions represent the sum of the direct business and the accepted reinsurance business reduced by the amount ceded to reinsurance undertakings.This item shall be reported as a positive amount if the variation is negative (reduction of other technical provisions leading to a profit) or as a negative amount if variation is positive (increase of other technical provisions leading to a loss).
C0080 to C0140/R0550Expenses incurredAll technical expenses incurred by the undertaking during the reporting period, on accrual basis.
C0140/R1200Other expensesOther 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/R1300Total expensesAmount of all technical expenses corresponding to countries covered by this template.
C0160 to C0200/R1400Top 5 countries (by amount of gross premiums written) — life obligationsIdentify the ISO 3166–1 alpha–2 code of the countries being disclosed for the life obligations.
C0220 to C0280/R1410Premiums written — GrossDefinition 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.
C0220 to C0280/R1420Premiums written — Reinsurers' shareDefinition 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.
C0220 to C0280/R1500Premiums written — netDefinition 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.
C0220 to C0280/R1510Premiums earned — GrossDefinition 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.
C0220 to C0280/R1520Premiums earned — reinsurers' shareDefinition 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.
C0220 to C0280/R1600Premiums earned — NetDefinition 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.
C0220 to C0280/R1610Claims incurred — GrossClaims 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/R1620Claims incurred — Reinsurers' shareClaims 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/R1700Claims incurred — NetClaims 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/R1710Changes in other technical provisions — GrossDefinition of changes in other technical provisions provided in Directive 91/674/EEC where applicable: it is the changes in other technical provisions relating to insurance contracts arising from the gross direct and reinsurance business.This item shall be reported as a positive amount if the variation is negative (reduction of other technical provisions leading to a profit) or as a negative amount if variation is positive (increase of other technical provisions leading to a loss).
C0220 to C0280/R1720Change in other technical provisions — Reinsurers' shareDefinition of changes in other technical provisions provided in Directive 91/674/EEC where applicable: it is the reinsurers' share in changes in other technical provisions.This item shall be reported as a positive amount if the variation is negative or as a negative amount if variation is positive.
C0220 to C0280/R1800Change in other technical provisions — NetDefinition of changes in other technical provisions provided in Directive 91/674/EEC where applicable: it is the changes in other technical provisions related to the sum of the direct business and the accepted reinsurance business reduced by the amount ceded to reinsurance undertakings.This item shall be reported as a positive amount if the variation is negative (reduction of other technical provisions leading to a profit) or as a negative amount if variation is positive (increase of other technical provisions leading to a loss).
C0220 to C0280/R1900Expenses incurredAll technical expenses incurred by the undertaking during the reporting period, on accrual basis.
C0280/R2500Other expensesOther 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.
C0280/R2600Total expensesAmount of all technical expenses corresponding to countries covered by this template.
S.12.01 — Life and Health SLT Technical ProvisionsGeneral comments:This section relates to annual disclosure of information for individual entities.Undertakings may apply appropriate approximations in the calculation of the technical provisions as referred to in Article 21 of Delegated Regulation (EU) 2015/35. In addition, Article 59 of the 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 the Directive 2009/138/EC, as defined in the Annex I of 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, unbundled 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 should be considered:"Contracts without options and guarantees" should include 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.Contracts with non–material contractual options or financial guarantees that are not reflected in the technical provisions calculation should also be disclosed in this column;"Contracts with options or guarantees" should include 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 should 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.
Technical provisions calculated as a wholeTechnical provisions calculated as a sum of best estimate and risk marginAmount of the transitional on Technical ProvisionsTechnical provisions — Total
ITEMINSTRUCTIONS
C0020, C0030, C0060, C0090, C0100, C0160, C0190, C0200/R0010Technical provisions calculated as a wholeAmount of Technical provisions calculated as a whole per each line of business, as defined in Annex I to Delegated Regulation (EU) 2015/35.
C0150/R0010Technical 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/R0010Technical 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/R0020Total Recoverables from reinsurance/SPV and Finite Re after the adjustment for expected losses due to counterparty default associated to TP as a wholeAmount 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.
C0150/R0020Total Recoverables from reinsurance/SPV and Finite Re after the adjustment for expected losses due to counterparty default associated to TP 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/R0020Total Recoverables from reinsurance/SPV and Finite Re after the adjustment for expected losses due to counterparty default associated to TP 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.
C0020, C0040, C0050, C0070, C0080, C0090, C0100 to C0140, C0170, C0180, C0190, C0200/R0030Technical provisions calculated as a sum of BE and RM, Gross Best EstimateAmount of Gross Best estimate (no deduction of reinsurance, SPVs and Finite Re according to Article 77(2) of Directive 2009/138/EC) per each line of business, as defined in Annex I to Delegated Regulation (EU) 2015/35.
C0150/R0030Technical 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 according to Article 77(2) of Directive 2009/138/EC), for Life other than health insurance, including Unit–Linked.
C0210/R0030Technical 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 according to 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/R0040Total Recoverables from reinsurance/SPV and Finite Re after the adjustment for expected losses due to counterparty defaultAmount 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, per each line of business, as defined in Annex I to Delegated Regulation (EU) 2015/35.
C0150/R0080Total 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/R0080Total 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/R0090Best Estimate minus recoverables from reinsurance/SPV and Finite ReAmount of Best Estimate minus recoverables from reinsurance/SPV per Line of Busines
C0150/R0090Best 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/R0090Best 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/R0100Risk MarginAmount of Risk margin, as defined in Article 77(3) of Directive 2009/138/EC, per each line of business, as defined in Annex I to Delegated Regulation (EU) 2015/35.
C0150/R0100Risk Margin — Total (Life other than health insurance, incl. Unit–Linked)Total amount of Risk Margin for Life other than health insurance, includingUnit–Linked.
C0210/R0100Risk Margin — Total (Health similar to life insurance)Total amount of Risk Margin for Health similar to life insurance.
C0020, C0030, C0060, C0090, C0100, C0160, C0190, C0200/R0110Technical Provisions calculated as a wholeAmount of the transitional deduction to technical provisions allocated to the technical provisions calculated as a whole, per each Line of Business.This value shall be disclosed as a negative value when it reduces the technical provisions.
C0150/R0110Technical Provisions calculated as a whole — Total (Life other than health insurance, including Unit–Linked)Amount of the transitional deduction to technical provisions allocated to the technical provisions calculated as a whole for Life other than health insurance, including Unit–Linked.This value shall be disclosed as a negative value when it reduces the technical provisions.
C0210/R0110Technical Provisions calculated as a whole — Total (Health similar to life insurance)Amount of the transitional deduction to technical provisions allocated to the technical provisions calculated as a whole for Health similar to life insurance.This value shall be disclosed as a negative value when it reduces the technical provisions.
C0020, C0040, C0050, C0070, C0080, C0090, C0100, C0170, C0180, C0190, C0200/R0120Best EstimateAmount of the transitional deduction to technical provisions allocated to the best estimate, per each Line of Business.This value shall be disclosed as a negative value when it reduces the technical provisions.
C0150/R0120Best Estimate — Total (Life other than health insurance, including Unit–Linked)Total amount of the transitional deduction to technical provisions allocated to the best estimate for Life other than health insurance, including Unit–Linked.This value shall be disclosed as a negative value when it reduces the technical provisions.
C0210/R0120Best Estimate — Total (Health similar to life insurance)Total amount of the transitional deduction to technical provisions allocated to the best estimate for Health similar to life insurance.This value shall be disclosed as a negative value when it reduces the technical provisions.
C0020, C0030, C0060, C0090, C0100, C0160, C0190, C0200/R0130Risk MarginAmount of the transitional deduction to technical provisions allocated to the risk margin, per each Line of Business.This value shall be disclosed as a negative value when it reduces the technical provisions.
C0150/R0130Risk Margin — Total (Life other than health insurance, incl. Unit–Linked)Total amount of the transitional deduction to technical provisions allocated to the risk margin for Life other than health insurance, including Unit–Linked.This value shall be disclosed as a negative value when it reduces the technical provisions.
C0210/R0130Risk Margin — Total (Health similar to life insurance)Total amount of the transitional deduction to technical provisions allocated to the risk margin for Health similar to life insurance.This value shall be disclosed as a negative value when it reduces the technical provisions.
C0020, C0030, C0060, C0090, C0100, C0160, C0190, C0200/R0200Technical Provisions — TotalTotal amount of Technical Provisions for each line of business, as defined 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/R0200Technical Provisions — Total — 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/R0200Technical Provisions — Total — 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 ProvisionsGeneral comments:This section relates to annual disclosure of information for individual entities.Undertakings may apply appropriate approximations in the calculation of the technical provisions as referred to in Article 21 of Delegated Regulation (EU) 2015/35. In addition, Article 59 of the 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 the Directive 2009/138/EC, as defined in the Annex I of Delegated Regulation (EU) 2015/35 referred 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 defined in Annex I to Delegated Regulation (EU) 2015/35, 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.
Technical provisions calculated as a wholeTechnical provisions calculated as a sum of a best estimate and a risk margin — Best estimateAmount of the transitional on Technical ProvisionsTechnical provisions — Total
ITEMINSTRUCTIONS
C0020 to C0170/R0010Technical provisions calculated as a wholeThe 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/R0010Technical provisions calculated as a whole — Total Non–Life obligationThe 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/R0050Total Recoverables from reinsurance/SPV and Finite Re after the adjustment for expected losses due to counterparty default associated to TP as a wholeThe 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/R0050Total Recoverables from reinsurance/SPV and Finite Re after the adjustment for expected losses due to counterparty default associated to TP as a wholeThe 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.
C0020 to C0170/R0060Best Estimate of Premium provisions, Gross, totalThe 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/R0060Total Non–Life obligations, Best Estimate of Premium provisions, Gross, totalThe 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/R0140Best 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 businessThe 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/R0140Total 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/R0150Net best estimate of Premium provisions — Direct and accepted reinsurance businessThe amount of net best estimate for premium provisions, for each line of business.
C0180/R0150Total Non–Life obligations, Net best estimate of Premium provisionsThe total amount of net best estimate for premium provisions.
C0020 to C0170/R0160Best Estimate of Claims Provisions, Gross, TotalThe 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/R0160Total Non–Life obligations, Best Estimate of Claims Provisions, Gross, totalThe 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/R0240Best 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 businessThe 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/R0240Total 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/R0250Net best estimate of Claims provisions — Direct and accepted reinsurance businessThe amount of net best estimate for claims provisions, for each line of business regarding direct and accepted reinsurance business.
C0180/R0250Total Non–Life obligations, Net best estimate of Claims ProvisionsThe total amount of net Best Estimate for Claims Provisions.
C0020 to C0170/R0260Total best estimate, Gross — Direct and accepted reinsurance businessThe amount of Total gross best estimate, for each line of business regarding direct and accepted reinsurance business.
C0180/R0260Total Non–Life obligations, Total Best Estimate, GrossThe total amount of Gross Best Estimate (sum of the Premium Provision and Claims Provisions).
C0020 to C0170/R0270Total best estimate, Net — Direct and accepted reinsurance businessThe amount of Total net best estimate, for each line of business regarding direct and accepted reinsurance business.
C0180/R0270Total Non–Life obligations, Total Best Estimate, NetThe total amount of Net Best Estimate (sum of the Premium Provision and Claims Provisions).
C0020 to C0170/R0280Technical provisions calculated as a sum of a best estimate and a risk margin — Risk marginThe 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/R0280Total Non–Life obligations, Total risk marginThe total amount of risk margin, as required by Directive 2009/138/EC (Article 77 (3)).
C0020 to C0170/R0290Amount of the transitional on Technical Provisions —Technical Provisions calculated as a wholeAmount of the transitional deduction to technical provisions allocated to the technical provisions calculated as a whole, per each line of business, as defined in Annex I to Delegated Regulation (EU) 2015/35.This value shall be disclosed as a negative value when it reduces the technical provisions.
C0180/R0290Amount of the transitional on Technical Provisions —Technical Provisions calculated as a wholeTotal amount, for all lines of business, of the transitional deduction to technical provisions allocated to the technical provisions calculated as a whole, per each line of business, as defined in Annex I to Delegated Regulation (EU) 2015/35.This value shall be disclosed as a negative value when it reduces the technical provisions.
C0020 to C0170/R0300Amount of the transitional on Technical Provisions —Best EstimateAmount of the transitional deduction to technical provisions allocated to the best estimate, per each line of business, as defined in Annex I to Delegated Regulation (EU) 2015/35.This value shall be disclosed as a negative value when it reduces the technical provisions.
C0180/R0300Amount of the transitional on Technical Provisions —Best EstimateTotal amount, for all lines of business, of the transitional deduction to technical provisions allocated to the best estimate, per each line of business, as defined in Annex I to Delegated Regulation (EU) 2015/35.This value shall be disclosed as a negative value when it reduces the technical provisions.
C0020 to C0170/R0310Amount of the transitional on Technical Provisions —Risk MarginAmount of the transitional deduction to technical provisions allocated to the risk margin, per each line of business, as defined in Annex I to Delegated Regulation (EU) 2015/35.This value shall be disclosed as a negative value when it reduces the technical provisions.
C0180/R0310Amount of the transitional on Technical Provisions —Risk MarginTotal amount, for all lines of business, of the transitional deduction to technical provisions allocated to the risk margin, per each line of business, as defined in Annex I to Delegated Regulation (EU) 2015/35.This value shall be disclosed as a negative value when it reduces the technical provisions.
C0020 to C0170/R0320Technical provisions, Total — Direct and accepted reinsurance businessThe 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/R0320Total Non–Life obligations, Technical Provision — totalThe 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/R0330Technical provisions, Total — Recoverable from reinsurance contract/SPV and Finite reinsurance, after the adjustment for expected losses due to counterparty default — Direct and accepted reinsurance businessThe 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/R0330Total 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 businessThe 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/R0340Technical provisions, Total — Technical provisions minus recoverables from reinsurance/SPV and Finite reinsurance — Direct and accepted reinsurance businessThe 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/R0340Total Non–Life obligations, Technical provisions minus recoverables from reinsurance and SPV — Direct and accepted reinsurance businessThe 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 claimsThis section relates to 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).
ITEMINSTRUCTIONS
Z0020Accident year or Underwriting yearDisclose 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 year2 — Underwriting year
C0010 to C0110/ R0100 to R0250Gross Claims Paid (non–cumulative) –TriangleThe 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 R0260Gross Claims Paid (non-cumulative) — In current yearTotal "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 R0260Gross 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 R0250Gross undiscounted Best Estimate Claims Provisions — TriangleTriangles 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.
C0360/ R0100 to R0260Gross 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 transitionalsGeneral comments:This template relates to 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).
ITEMINSTRUCTIONS
C0010/R0010Amount with LTG measures and transitionals — Technical ProvisionsTotal amount of gross technical provisions including long term guarantee measures and transitional measures
C0030/R0010Impact of transitional on technical provisions — Technical provisionsAmount 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/R0010Impact of transitional on interest rate — Technical provisionsAmount 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/R0010Impact of volatility adjustment set to zero — Technical provisionsAmount 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/R0010Impact of matching adjustment set to zero — Technical ProvisionsAmount 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/R0020Amount with LTG measures and transitionals — Basic own fundsTotal amount of basic own funds calculated considering technical provisions including the adjustments due to the long term guarantee measures and transitional measures
C0030/R0020Impact of transitional on technical provisions — Basic own fundsAmount 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 considering technical provisions with long term guarantee ("LTG") and transitional measures.
C0050/R0020Impact of transitional on interest rate — Basic own fundsAmount 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/R0020Impact of volatility adjustment set to zero — Basic own fundsAmount 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/R0020Impact of matching adjustment set to zero — Basic own fundsAmount 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/R0050Amount with LTG measures and transitionals — Eligible own funds to meet SCRTotal 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/R0050Impact of transitional on technical provisions — Eligible own funds to meet SCRAmount 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 considering technical provisions with LTG and transitional measures.
C0050/R0050Impact of transitional on interest rate — Eligible own funds to meet SCRAmount 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/R0050Impact of volatility adjustment set to zero — Eligible own funds to meet SCRAmount 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/R0050Impact of matching adjustment set to zero — Eligible own funds to meet SCRAmount 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/R0090Amount with LTG measures and transitionals — SCRTotal amount of SCR calculated considering technical provisions including the adjustments due to the long term guarantee measures and transitional measures
C0030/R0090Impact of transitional on technical provisions — SCRAmount 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 considering technical provisions with LTG and transitional measures.
C0050/R0090Impact of transitional on interest rate — SCRAmount 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/R0090Impact of volatility adjustment set to zero — SCRAmount 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/R0090Impact of matching adjustment set to zero — SCRAmount 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/R0100Amount with LTG measures and transitionals — Eligible own funds to meet MCRTotal 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/R0100Impact of transitional on technical provisions — Eligible own funds to meet MCRAmount 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/R0100Impact of transitional on interest rate — Eligible own funds to meet MCRAmount 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/R0100Impact of volatility adjustment set to zero — Eligible own funds to meet MCRAmount 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 zeroIt 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/R0100Impact of matching adjustment set to zero — Eligible own funds to meet MCRAmount 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/R0110Amount with LTG measures and transitionals — Minimum Capital RequirementTotal amount of MCR calculated considering technical provisions including the adjustments due to the long term guarantee measures and transitional measures.
C0030/R0110Impact of transitional on technical provisions — Minimum Capital RequirementAmount 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/R0110Impact of transitional on interest rate — Minimum Capital RequirementAmount 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/R0110Impact of volatility adjustment set to zero — Minimum Capital RequirementAmount 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/R0110Impact of matching adjustment set to zero — Minimum Capital RequirementAmount 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 FundsGeneral comments:This section relates to annual disclosure of information for individual entities.
Basic own funds before deduction for participations in other financial sector as foreseen in Article 68 of Delegated Regulation (EU) 2015/35Own 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 fundsDeductionsTotal basic own funds after deductionsAncillary own fundsAvailable and eligible own fundsReconciliation Reserve
ITEMINSTRUCTIONS
R0010/C0010Ordinary share capital (gross of own shares) — totalThis 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/C0020Ordinary share capital (gross of own shares) — tier 1 unrestrictedThis is the amount of paid up ordinary share capital that meets unrestricted Tier 1 criteria.
R0010/C0040Ordinary share capital (gross of own shares) — tier 2This is the amount of called up ordinary share capital that meets the criteria for Tier 2.
R0030/C0010Share premium account related to ordinary share capital — totalThe 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/C0020Share premium account related to ordinary share capital — tier 1 unrestrictedThis 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/C0040Share premium account related to ordinary share capital — tier 2This 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/C0010Initial funds, members' contributions or the equivalent basic own fund item for mutual and mutual–type undertakings — totalThe 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/C0020Initial funds, members' contributions or the equivalent basic own fund item for mutual and mutual–type undertakings — tier 1 unrestrictedThis 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/C0040Initial funds, members' contributions or the equivalent basic own fund item for mutual and mutual–type undertakings — tier 2This 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/C0010Subordinated mutual member accounts — totalThis 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/C0030Subordinated mutual member accounts — tier 1 restrictedThis is the amount of subordinated mutual member accounts that meet the criteria for Tier 1 restricted.
R0050/C0040Subordinated mutual member accounts — tier 2This is the amount of subordinated mutual member accounts that meet the criteria for Tier 2.
R0050/C0050Subordinated mutual member accounts — tier 3This is the amount of subordinated mutual member accounts that meet the criteria for Tier 3.
R0070/C0010Surplus funds — totalThis is the total amount of surplus funds that fall under Article 91 (2) of the Directive 2009/138/EC.
R0070/C0020Surplus funds — tier 1 unrestrictedThese are the surplus funds that fall under Article 91 (2) of the Directive 2009/138/EC and that meet the criteria for Tier 1, unrestricted items.
R0090/C0010Preference shares — totalThis 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/C0030Preference shares — tier 1 restrictedThis is the amount of the preference shares issued by the undertaking that meet the criteria for Tier 1 restricted.
R0090/C0040Preference shares — tier 2This is the amount of the preference shares issued by the undertaking that meet the criteria for Tier 2.
R0090/C0050Preference shares — tier 3This is the amount of the preference shares issued by the undertaking that meet the criteria for Tier 3.
R0110/C0010Share premium account related to preference shares — totalThe 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/C0030Share premium account related to preference shares — tier 1 restrictedThis 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/C0040Share premium account related to preference shares — tier 2This 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/C0050Share premium account related to preference shares — tier 3This 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/C0010Reconciliation reserve — totalThe 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 according to Article 75 of Directive 2009/138/EC.
R0130/C0020Reconciliation reserve — tier 1 unrestrictedThe 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 according to Directive 2009/138/EC.
R0140/C0010Subordinated liabilities — totalThis is the total amount of subordinated liabilities issued by the undertaking.
R0140/C0030Subordinated liabilities — tier 1 restrictedThis is the amount of subordinated liabilities issued by the undertaking that meet the criteria for Tier 1 restricted items.
R0140/C0040Subordinated liabilities — tier 2This is the amount of subordinated liabilities issued by the undertaking that meet the criteria for Tier 2.
R0140/C0050Subordinated liabilities — tier 3This is the amount of subordinated liabilities issued by the undertaking that meet the criteria for Tier 3.
R0160/C0010An amount equal to the value of net deferred tax assets — totalThis is the total amount of net deferred tax assets of the undertaking.
R0160/C0050An amount equal to the value of net deferred tax assets — tier 3This is the amount of net deferred tax assets of the undertaking that meet the tier 3 classification criteria.
R0180/C0010Other own fund items approved by the supervisory authority as basic own funds not specified aboveThis is the total of basic own fund items not identified above and that received supervisory approval.
R0180/C0020Other own fund items approved by the supervisory authority as basic own funds not specified above — tier 1 unrestrictedThis is the amount of basic own fund items not identified above that meet Tier 1 unrestricted criteria and that received supervisory approval.
R0180/C0030Other own fund items approved by the supervisory authority as basic own funds not specified above — Tier 1 restrictedThis 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/C0040Other own fund items approved by the supervisory authority as basic own funds not specified above — tier 2This is the amount of basic own fund items not identified above that meet the criteria for Tier 2 and that received supervisory approval.
R0180/C0050Other own fund items approved by the supervisory authority as basic own funds not specified above — tier 3This is the amount of basic own fund items not identified above that meet the criteria for Tier 3 and that received supervisory approval.
R0220/C0010Own 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 — totalThis 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:i)items that appear in the lists of own fund items, but fail to meet the classification criteria or the transitional provisions; orii)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.
R0230/C0010Deduction for participations in financial and credit institutions — totalThis is the total deduction for participations in financial and credit institutions in accordance with Article 68 of Delegated Regulation (EU) 2015/35
R0230/C0020Deduction for participations in financial and credit institutions — tier 1 unrestrictedThis is the amount of the deduction for participations in financial and credit institutions that are deducted from tier 1unrestricted in accordance with Article 68 of Delegated Regulation (EU) 2015/35.
R0230/C0030Deduction for participations in financial and credit institutions — tier 1 restrictedThis 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/C0040Deduction for participations in financial and credit institutions — tier 2This 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/C0050Deductions for participations in financial and credit institutions — tier 3This 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.
R0290/C0010Total basic own funds after deductionsThis is the total amount of basic own fund items after deductions.
R0290/C0020Total basic own funds after deductions — tier 1 unrestrictedThis is the amount of basic own fund items after deductions that meet the criteria for Tier 1 unrestricted items.
R0290/C0030Total basic own funds after deductions — tier 1 restrictedThis is the amount of basic own fund items after adjustments that meet the criteria for Tier 1 restricted items.
R0290/C0040Total basic own funds after deductions — tier 2This is the amount of basic own fund items after adjustments that meet the criteria for Tier 2.
R0290/C0050Total basic own funds after deductions — tier 3This is the amount of basic own fund items after adjustments that meet the criteria for Tier 3.
R0300/C0010Unpaid and uncalled ordinary share capital callable on demand — totalThis 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/C0040Unpaid and uncalled ordinary share capital callable on demand — tier 2This 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/C0010Unpaid and uncalled initial funds, members' contributions or the equivalent basic own fund item for mutual and mutual — type undertakings, callable on demand–totalThis 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/C0040Unpaid and uncalled initial funds, members' contributions or the equivalent basic own fund item for mutual and mutual–type undertakings, callable on demand — tier 2This 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/C0010Unpaid and uncalled preference shares callable on demand — totalThis is the total amount of preference shares that have not been called up or paid up but that are callable on demand.
R0320/C0040Unpaid and uncalled preference shares callable on demand — tier 2This 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/C0050Unpaid and uncalled preference shares callable on demand — tier 3This 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/C0010A legally binding commitment to subscribe and pay for subordinated liabilities on demand — totalThis is the total amount of legally binding commitments to subscribe and pay for subordinated liabilities on demand.
R0330/C0040A legally binding commitment to subscribe and pay for subordinated liabilities on demand — tier 2This is the amount of legally binding commitments to subscribe and pay for subordinated liabilities on demand that meet the criteria for Tier 2.
R0330/C0050A legally binding commitment to subscribe and pay for subordinated liabilities on demand — tier 3This is the amount of legally binding commitments to subscribe and pay for subordinated liabilities on demand that meet the criteria for Tier 3.
R0340/C0010Letters of credit and guarantees under Article 96(2) of the Directive 2009/138/EC– totalThis 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/C0040Letters of credit and guarantees under Article 96(2) of the Directive 2009/138/EC– tier 2This 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/C0010Letters of credit and guarantees other than under Article 96(2) of the Directive 2009/138/EC– totalThis 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/C0040Letters of credit and guarantees other than under Article 96(2) of the Directive 2009/138/EC — tier 2This 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/C0050Letters of credit and guarantees other than under Article 96(2) of the Directive 2009/138/EC– tier 3This 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/C0010Supplementary members calls under first subparagraph of Article 96(3) of the Directive 2009/138/EC– totalThis 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/C0040Supplementary members calls under first subparagraph of Article 96(3) of the Directive 2009/138/EC — tier 2This 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/C0010Supplementary members calls — other than under first subparagraph of Article 96(3) of the Directive 2009/138/ECThis 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(3) of the Directive 2009/138/EC.
R0370/C0040Supplementary members calls — other than under first subparagraph of Article 96(3) of the Directive 2009/138/EC — tier 2This 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(3) of the Directive 2009/138/EC that meet the criteria for Tier 2.
R0370/C0050Supplementary members calls — other than under first subparagraph of Article 96(3) of the Directive 2009/138/EC — tier 3This 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(3) of the Framework Directive 2009/138/EC that meet the criteria for Tier 3.
R0390/C0010Other ancillary own funds — totalThis is the total amount of other ancillary own funds.
R0390/C0040Other ancillary own funds — tier 2This is the amount of other ancillary own funds that meet criteria for Tier 2.
R0390/C0050Other ancillary own funds — tier 3This is the amount of other ancillary own funds that meet criteria for Tier 3.
R0400/C0010Total ancillary own fundsThis is the total amount of ancillary own fund items.
R0400/C0040Total ancillary own funds tier 2This is the amount of ancillary own fund items that meet the criteria for Tier 2.
R0400/C0050Total ancillary own funds — tier 3This is the amount of ancillary own fund items that meet the criteria for Tier 3.
R0500/C0010Total available own funds to meet the SCRThis 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/C0020Total available own funds to meet the SCR — tier 1 unrestrictedThis 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/C0030Total available own funds to meet the SCR — tier 1 restrictedThis 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/C0040Total available own funds to meet the SCR — tier 2This 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/C0050Total available own funds to meet the SCR — tier 3This 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/C0010Total available own funds to meet the MCRThis 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/C0020Total available own funds to meet the MCR — tier 1 unrestrictedThis 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/C0030Total available own funds to meet the MCR — tier 1 restrictedThis 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/C0040Total available own funds to meet the MCR — tier 2This 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/C0010Total eligible own funds to meet the SCRThis is the total amount of available own funds that are eligible to cover the solvency capital requirement ("SCR").
R0540/C0020Total eligible own funds to meet the SCR — tier 1 unrestrictedThis is the amount of unrestricted Tier 1 own fund items that are eligible to meet the SCR.
R0540/C0030Total eligible own funds to meet the SCR — tier 1 restrictedThis is the amount of restricted Tier 1 own fund items that are eligible to meet the SCR.
R0540/C0040Total eligible own funds to meet the SCR — tier 2This is the amount of Tier 2 own fund items that are eligible to meet the SCR.
R0540/C0050Total eligible own funds to meet the SCR — tier 3This is the amount of Tier 3 own fund items that are eligible to meet the SCR.
R0550/C0010Total eligible own funds to meet the MCRThis is the total amount of own fund items that are eligible to meet the MCR.
R0550/C0020Total eligible own funds to meet the MCR — tier 1 unrestrictedThis is the amount of unrestricted Tier 1 own fund items that are eligible to meet the MCR.
R0550/C0030Total eligible own funds to meet the MCR — tier 1 restrictedThis is the amount of restricted Tier 1 own fund items that are eligible to meet the MCR.
R0550/C0040Total eligible own funds to meet the MCR — tier 2This is the amount of Tier 2 basic own fund items that are eligible to meet the MCR.
R0580/C0010SCRThis is the total SCR of the undertaking as a whole and shall correspond to the SCR disclosed on the relevant SCR template.
R0600/C0010MCRThis is the MCR of the undertaking and shall correspond to the total MCR disclosed in the relevant MCR template.
R0620/C0010Ratio of eligible own funds to SCRThis is the solvency ratio calculated as the total eligible own funds to meet the SCR divided by the SCR amount.
R0640/C0060Ratio of eligible own funds to MCRThis is the MCR ratio calculated as the total eligible own funds to meet the MCR divided by the MCR amount.
R0700/C0060Excess of assets over liabilitiesThis is the excess of assets over liabilities as disclosed in the Solvency 2 balance sheet.
R0710/C0060Own shares (held directly and indirectly)This is the amount of own shares held by the undertaking, both directly and indirectly.
R0720/C0060Foreseeable dividends, distributions and chargesThese are the dividends, distributions and charges foreseeable by the undertaking.
R0730/C0060Other basic own fund itemsThese are the basic own fund items included in points (a)(i) to (v) of Article 69, Article 72(a) and Article 76(a), as well as those basic own fund items approved by the supervisory authority in accordance with Article 79 of the Delegated Regulation (EU) 2015/35.
R0740/C0060Adjustment for restricted own fund items in respect of matching adjustment portfolios and ring fenced fundsThis 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/C0060Reconciliation reserve — totalThis the reconciliation reserve of the undertaking, before deduction for participations in other financial sector as foreseen in Article 68 of Delegated Regulation (EU) 2015/35.
R0770/C0060Expected profits included in future premiums (EPIFP) — Life businessThe 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 undertaking.
R0780/C0060Expected profits included in future premiums (EPIFP) — Non– life businessThe 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 undertaking.
R0790/C0060Total 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 FormulaGeneral comments:This section relates to annual disclosure of information for individual entities.
Calculation of Solvency Capital RequirementOther information on SCR
ITEMINSTRUCTIONS
R0010–R0050/ C0110Gross solvency capital requirementAmount 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 according to Article 205 of Delegated Regulation (EU) 2015/35.This amount shall fully consider diversification effects according to 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/C0110Gross solvency capital requirement DiversificationAmount of the diversification effects between Basic SCR of gross risk modules 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/C0110Gross solvency capital requirement Intangible assets riskThe future discretionary benefits according to Article 205 of the Delegated Regulation (EU) 2015/35 for intangible assets risk is zero under standard formula.
R0100/C0110Gross solvency capital requirement — Basic Solvency Capital RequirementAmount of the basic capital requirements, before the consideration of future discretionary benefits according to Article 205 of Delegated Regulation (EU) 2015/35, as calculated using the standard formula.This amount shall fully consider diversification effects according to 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/C0090USP — Life underwriting riskIdentifies 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 benefitsNone
R0040/C0090USP — Health underwriting riskIdentifies 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 benefitsStandard deviation for NSLT health premium risk referred to in Title I Chapter V Section 12 of Delegated Regulation (EU) 2015/35Standard deviation for NSLT health gross premium risk referred to in Title I Chapter V Section 12 of Delegated Regulation (EU) 2015/35Adjustment factor for non–proportional reinsuranceStandard deviation for NSLT health reserve risk referred to in Title I Chapter V Section 12 of Delegated Regulation (EU) 2015/35NoneIf more than one specific parameter is used, report them separated by comas.
R0050/C0090USP — Non life underwriting riskIdentifies 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 riskStandard deviation for non–life gross premium riskAdjustment factor for non–proportional reinsuranceStandard deviation for non–life reserve riskNone
R0010, R0030, R0040, R0050/C0120SimplificationsIdentifies 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.
R0130/C0100Operational riskAmount of the capital requirements for operational risk module as calculated using the standard formula.
R0140/C0100Loss–absorbing capacity of technical provisionsAmount of the adjustment for loss–absorbing capacity of technical provisions calculated according to the standard formula. This amount should be disclosed as a negative value.
R0150/C0100Loss–absorbing capacity of deferred taxesAmount of the adjustment for loss–absorbing capacity of deferred taxes calculated according to the standard formula.This amount should be disclosed as a negative value.
R0160/C0100Capital requirement for business operated in accordance with Art. 4 of Directive 2003/41/ECAmount of the capital requirement, calculated according 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/C0100Solvency capital requirement excluding capital add–onAmount of the total diversified SCR before any capital add–on.
R0210/C0100Capital add–on already setAmount 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 according to 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.
R0220/C0100Solvency capital requirementAmount of the Solvency Capital Requirement.
R0400/C0100Capital requirement for duration–based equity risk sub–moduleAmount of the capital requirement for duration–based equity risk sub–module.
R0410/C0100Total amount of notional Solvency Capital Requirements for remaining partAmount of the notional SCRs of remaining part when undertaking has RFF.
R0420/C0100Total amount of Notional Solvency Capital Requirements for ring fenced fundsAmount 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/C0100Total amount of Notional Solvency Capital Requirements for matching adjustment portfoliosAmount of the sum of notional SCRs of all matching adjustment portfolios.
R0440/C0100Diversification effects due to RFF nSCR aggregation for article 304Amount 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.
S.25.02. — Solvency Capital Requirement — for undertakings using the standard formula and partial internal modelGeneral comments:This section relates to annual disclosure of information for individual entities.The components to be disclosed shall be agreed between national supervisory authorities and insurance and reinsurance undertakings.
Other information on SCR
ITEMINSTRUCTIONS
C0010Unique number of componentUnique number of each component agreed with their national supervisory authority to identify uniquely components from their model. This number shall always be used with the appropriate component description disclosed in each item. Where the partial internal model allow the same split by risk module as the one in the standard formula, the following numbers of components shall be used:1 — Market risk2 — Counterparty default risk3 — Life underwriting risk4 — Health underwriting risk5 — Non–life underwriting risk6 — Intangible asset risk7 — Operational risk8 — Loss absorbing capacity ("LAC") of Technical Provisions (negative amount)9 — LAC Deferred Taxes (negative amount)Where standard formula risk modules cannot be disclosed, undertaking shall attribute a number to each component different from 1 to 7.This number shall always be used with the appropriate component description disclosed in each item C0030. The numbers of the components shall be kept consistent over time.
C0020Components descriptionIdentification, using free text, of each of the components that can be identified by the undertaking. These components shall be aligned with standard formula risk modules if possible according to the partial internal model. Each component shall be identified using a separate entry. Undertakings shall identify and report components consistently across different reporting periods, unless there has been some change to the internal model affecting the categories.Loss–absorbing capacity of technical provisions and/or deferred taxes not embedded within components shall be disclosed as separated components.
C0030Calculation of the Solvency Capital RequirementAmount 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 disclosed as a separate component it shall be the amount of the loss–absorbing capacity (these amounts shall be disclosed 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.This amount shall fully consider diversification effects according to 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.
C0060Consideration of the future management actions regarding technical provisions and/or deferred taxesTo identify if the future management actions relating to the loss absorbing capacity of technical provisions and/or deferred taxes are embedded in the calculation, the following closed list of options shall be used:1 — Future management actions regarding the loss–absorbing capacity of technical provisions embedded within the component2 — Future management actions regarding the loss–absorbing capacity of deferred taxes embedded within the component3 — Future management actions regarding the loss–absorbing capacity of technical provisions and deferred taxes embedded within the component4 — No embedded consideration of future management actions.
C0070Amount modelledFor each component this cell represents the amount calculated according to the partial internal model. Therefore, the amount calculated with the Standard Formula should be the difference between the amounts disclosed in C0040 and C0060.
C0090USPFor those components calculated according 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 benefitsNoneFor health underwriting risk:Increase in the amount of annuity benefitsStandard deviation for NSLT health premium riskStandard deviation for NSLT health gross premium riskAdjustment factor for non–proportional reinsuranceStandard deviation for NSLT health reserve riskNoneFor non–life underwriting risk:Standard deviation for non–life premium riskStandard deviation for non–life gross premium riskAdjustment factor for non–proportional reinsuranceStandard deviation for non–life reserve riskNoneIn any case, if more than one specific parameter is used, report them separated by comas.
C0120SimplificationsFor those components calculated according 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 identifiedIf simplified calculation methods for more than one risk sub–module have been used within one risk module, report them separated by comas.
R0110/C0100Total of undiversified componentsSum of all components.
R0060/C0100DiversificationThe 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 should be disclosed as negative value.
R0160/C0100Capital requirement for business operated in accordance with Art. 4 of Directive 2003/41/ECAmount of the capital requirement, calculated according 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/C0100Solvency capital requirement, excluding capital add–onsAmount of the total diversified SCR before any capital add–on.
R0210/C0100Capital add–onsAmount of capital add–ons 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 according to 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.
R0220/C0100Solvency Capital RequirementOverall capital requirement including capital add–ons.
R0300/C0100Amount/Estimate of the overall loss–absorbing capacity of technical provisionsAmount/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/C0100Amount/Estimate of the loss absorbing capacity for deferred taxesAmount/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/C0100Capital requirement for duration–based equity risk sub–moduleAmount of the capital requirement for duration–based equity risk sub–module.
R0410/C0100Total amount of notional Solvency Capital Requirements for remaining partAmount of the notional SCRs of remaining part when undertaking has RFF.
R0420/C0100Total amount of Notional Solvency Capital Requirements for ring fenced fundsAmount 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/C0100Total amount of Notional Solvency Capital Requirements for matching adjustment portfoliosAmount of the sum of notional SCRs of all matching adjustment portfoliosThis item does not have to be disclosed when reporting SCR calculation at RFF or matching portfolio level.
R0440/C0100Diversification effects due to RFF nSCR aggregation for article 304Amount 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 SCR disclosed in R0200/C0100.
S.25.03. — Solvency Capital Requirement — for undertakings using full internal modelGeneral comments:This section relates to annual disclosure of information for individual entities.The components to be disclosed shall be agreed between national supervisory authorities and insurance and reinsurance undertakings.
Other information on SCR
ITEMINSTRUCTIONS
C0010Unique number of componentUnique number of each component of the full internal model, agreed with their national supervisory authority to identify uniquely components from their model. This number shall always be used with the appropriate component description disclosed in each item C0020.The numbers of the components shall be kept consistent over time.
C0020Components descriptionIdentification, using free text, of each of the components that can be identified by the undertaking within the full internal model. These components may not exactly align with the risks defined for the standard formula. Each component shall be identified using a separate entry. Undertakings shall identify and report components consistently across different reporting periods, unless there has been some change to internal model affecting the categories.Loss–absorbing capacity of technical provisions and/or deferred taxes modelled but not within components shall be disclosed as separated components.
C0030Calculation of the Solvency Capital RequirementAmount of the net capital charge for each component, after the adjustments for the future management actions relating to technical provision and/or deferred taxes when applicable, calculated by the full internal model on an undiversified basis, to the extent that these adjustments are modelled within components.Loss absorbing capacity of technical provisions and/or deferred taxes modelled but not within components shall be disclosed as negative values.
R0110/C0100Total of undiversified componentsSum of all components.
R0060/C0100DiversificationThe total amount of the diversification among components disclosed in C0030 calculated using the full internal model.This amount does not include diversification effects inside each component, which shall be embedded in the values disclosed in C0030.This amount should be disclosed as a negative value.
R0160/C0100Capital requirement for business operated in accordance with Art. 4 of Directive 2003/41/ECAmount of the capital requirement, calculated according 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 disclosed only during the transitional period.
R0200/C0100Solvency capital requirement, excluding capital add–onAmount of the total diversified SCR before any capital add–on.
R0210/C0100Capital add–onsAmount 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 according to 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.
R0220/C0100Solvency capital requirementAmount of total SCR calculated using full internal model.
R0300/C0100Amount/estimate of the overall loss–absorbing capacity of technical provisionsAmount/Estimate of the overall adjustment for loss–absorbing capacity of technical provisions, including the part embedded in each component and the part disclosed as a single component.
R0310/C0100Amount/estimate of the overall loss–absorbing capacity of deferred taxesAmount/Estimate of the overall adjustment for loss–absorbing capacity for deferred taxes, including the part embedded in each component and the part disclosed as a single component.
R0410/C0100Total amount of notional Solvency Capital Requirements for remaining partAmount of the notional SCRs of remaining part when undertaking has RFF.
R0420/C0100Total amount of Notional Solvency Capital Requirements for ring fenced fundsAmount 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/C0100Total amount of Notional Solvency Capital Requirements for matching adjustment portfoliosAmount of the sum of notional SCRs of all matching adjustment portfolios.
R0440/C0100Diversification effects due to RFF nSCR aggregation for article 304Amount of the adjustment for a diversification effect between ring fenced funds under article 304 of Solvency II Directive and remaining part.It shall be equal to the difference between the sum of the nSCR for each RFF/MAP/RP and the total SCR.
S.28.01. — Minimum Capital Requirement — Only life or only non–life insurance or reinsurance activityGeneral comments:This section relates to 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).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 the Directive 2009/138/EC).
ITEMINSTRUCTIONS
C0010/R0010Linear formula component for non–life insurance and reinsurance obligations — MCRNL ResultThis 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/R0020Medical expense insurance and proportional reinsurance — Net (of reinsurance/ SPV) best estimate and TP calculated as a wholeThese 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/R0020Medical expense insurance and proportional reinsurance — net (of reinsurance) written premiums in the last 12 monthsThese 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.
C0020/R0030Income protection insurance and proportional reinsurance — net (of reinsurance/ SPV) best estimate and TP calculated as a wholeThese 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/R0030Income protection insurance and proportional reinsurance — net (of reinsurance) written premiums in the last 12 monthsThese 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.
C0020/R0040Workers' compensation insurance and proportional reinsurance — net (of reinsurance/ SPV) best estimate and TP calculated as a wholeThese 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/R0040Workers' compensation insurance and proportional reinsurance — net (of reinsurance) written premiums in the last 12 monthsThese 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.
C0020/R0050Motor vehicle liability insurance and proportional reinsurance — net (of reinsurance/ SPV) best estimate and TP calculated as a wholeThese 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/R0050Motor vehicle liability insurance and proportional reinsurance — net (of reinsurance) written premiums in the last 12 monthsThese 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.
C0020/R0060Other motor insurance and proportional reinsurance — net(of reinsurance/ SPV) best estimate and TP calculated as a wholeThese 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/R0060Other motor insurance and proportional reinsurance — net (of reinsurance) written premiums in the last 12 monthsThese 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.
C0020/R0070Marine, aviation and transport insurance and proportional reinsurance — net (of reinsurance/ SPV) best estimate and TP calculated as a wholeThese 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/R0070Marine, aviation and transport insurance and proportional reinsurance — net (of reinsurance) written premiums in the last 12 monthsThese 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.
C0020/R0080Fire and other damage to property insurance and proportional reinsurance — net (of reinsurance/ SPV) best estimate and TP calculated as a wholeThese 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/R0080Fire and other damage to property insurance and proportional reinsurance — net (of reinsurance) written premiums in the last 12 monthsThese 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.
C0020/R0090General liability insurance and proportional reinsurance — net (of reinsurance/ SPV) best estimate and TP calculated as a wholeThese 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/R0090General liability insurance and proportional reinsurance — net (of reinsurance) written premiums in the last 12 monthsThese 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.
C0020/R0100Credit and suretyship insurance and proportional reinsurance — net (of reinsurance/ SPV) best estimate and TP calculated as a wholeThese 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/R0100Credit and suretyship insurance and proportional reinsurance — net (of reinsurance) written premiums in the last 12 monthsThese 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.
C0020/R0110Legal expenses insurance and proportional reinsurance — net (of reinsurance/ SPV) best estimate and TP calculated as a wholeThese 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/R0110Legal expenses insurance and proportional reinsurance — net (of reinsurance) written premiums in the last 12 monthsThese 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.
C0020/R0120Assistance and proportional reinsurance — net (of reinsurance/ SPV) best estimate and TP calculated as a wholeThese 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/R0120Assistance and proportional reinsurance — net (of reinsurance) written premiums in the last 12 monthsThese 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.
C0020/R0130Miscellaneous financial loss insurance and proportional reinsurance — net (of reinsurance/ SPV) best estimate and TP calculated as a wholeThese 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/R0130Miscellaneous financial loss insurance and proportional reinsurance — net (of reinsurance) written premiums in the last 12 monthsThese 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.
C0020/R0140Non–proportional health reinsurance — net (of reinsurance/ SPV) best estimate and TP calculated as a wholeThese 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/R0140Non–proportional health reinsurance — net (of reinsurance) written premiums in the last 12 monthsThese 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.
C0020/R0150Non–proportional casualty reinsurance — net (of reinsurance/ SPV) best estimate and TP calculated as a wholeThese 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/R0150Non–proportional casualty reinsurance — net (of reinsurance) written premiums in the last 12 monthsThese 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.
C0020/R0160Non–proportional marine, aviation and transport reinsurance — net (of reinsurance/ SPV) best estimate and TP calculated as a wholeThese 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/R0160Non–proportional marine, aviation and transport reinsurance — net (of reinsurance) written premiums in the last 12 monthsThese 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.
C0020/R0170Non–proportional property reinsurance — net (of reinsurance/ SPV) best estimate and TP calculated as a wholeThese 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/R0170Non–proportional property reinsurance — net (of reinsurance) written premiums in the last 12 monthsThese 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.
C0040/R0200Linear formula component for life insurance and reinsurance obligations — MCRL ResultThis 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/R0210Obligations with profit participation — guaranteed benefits — Net (of reinsurance/ SPV) best estimate and TP calculated as a wholeThese 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/R0220Obligations with profit participation — future discretionary benefits — Net (of reinsurance/ SPV) best estimate and TP calculated as a wholeThese 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/R0230Index–linked and unit–linked insurance obligations — Net (of reinsurance/ SPV) best estimate and TP calculated as a wholeThese 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/R0240Other life (re)insurance and health (re)insurance obligations — Net (of reinsurance/ SPV) best estimate and TP calculated as a wholeThese 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/R0250Total capital at risk for all life (re)insurance obligations — Net (of reinsurance/SPV) total capital at riskThese 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/R0300Overall MCR calculation — Linear MCRThe 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/R0310Overall MCR calculation — SCRThis 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/R0320Overall MCR calculation — MCR capThis 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/R0330Overall MCR calculation — MCR floorThis 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/R0340Overall MCR calculation — Combined MCRThis is the result of the formula component calculated in accordance with article 248 (2) of Delegated Regulation (EU) 2015/35.
C0070/R0350Overall MCR calculation —This is calculated as defined in Art 129(1) d of Directive 2009/138/EC.
C0070/R0400Minimum Capital RequirementThis 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 activityGeneral comments:This section relates to 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).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 the Directive 2009/138/EC).
ITEMINSTRUCTIONS
C0010/R0010Linear Formula component for non–life insurance and reinsurance obligations –MCR(NL,NL) result — non–life activitiesThis 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/R0010Linear Formula component for non–life insurance and reinsurance obligations –MCR(NL,L) result — life activitiesThis 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/R0020Medical expense insurance and proportional reinsurance — Net (of reinsurance/ SPV) best estimate and TP calculated as a whole — non–life activitiesThese 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/R0020Medical expense insurance and proportional reinsurance — Net (of reinsurance) written premiums in the last 12 months — non–life activitiesThese 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.
C0050/R0020Medical expense insurance and proportional reinsurance — Net (of reinsurance/ SPV) best estimate and TP calculated as a whole — life activitiesThese 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/R0020Medical expense insurance and proportional reinsurance — Net (of reinsurance) written premiums in the last 12 months — life activitiesThese 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.
C0030/R0030Income protection insurance and proportional reinsurance — Net (of reinsurance/ SPV) best estimate and TP calculated as a whole — non–life activitiesThese 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/R0030Income protection insurance and proportional reinsurance — Net (of reinsurance) written premiums in the last 12 months — non–life activitiesThese 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.
C0050/R0030Income protection insurance and proportional reinsurance — Net (of reinsurance/ SPV) best estimate and TP calculated as a whole — life activitiesThese 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/R0030Income protection insurance and proportional reinsurance — Net (of reinsurance) written premiums in the last 12 months — life activitiesThese 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.
C0030/R0040Workers' compensation insurance and proportional reinsurance — Net (of reinsurance/ SPV) best estimate and TP calculated as a whole — non–life activitiesThese 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/R0040Workers' compensation insurance and proportional reinsurance– Net (of reinsurance) written premiums in the last 12 months — non–life activitiesThese 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.
C0050/R0040Workers' compensation insurance and proportional reinsurance — Net (of reinsurance/ SPV) best estimate and TP calculated as a whole — life activitiesThese 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/R0040Workers' compensation insurance and proportional reinsurance — Net (of reinsurance) written premiums in the last 12 months — life activitiesThese 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.
C0030/R0050Motor vehicle liability insurance and proportional reinsurance– Net (of reinsurance/ SPV) best estimate and TP calculated as a whole — non–life activitiesThese 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/R0050Motor vehicle liability insurance and proportional reinsurance — Net (of reinsurance) written premiums in the last 12 months — non–life activitiesThese 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.
C0050/R0050Motor vehicle liability insurance and proportional reinsurance — Net (of reinsurance/ SPV) best estimate and TP calculated as a whole — life activitiesThese 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/R0050Motor vehicle liability insurance and proportional reinsurance — Net (of reinsurance) written premiums in the last 12 months — life activitiesThese 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.
C0030/R0060Other motor insurance and proportional reinsurance — Net (of reinsurance/ SPV) best estimate and TP calculated as a whole — non–life activitiesThese 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/R0060Other motor insurance and proportional reinsurance — Net (of reinsurance) written premiums in the last 12 months — non–life activitiesThese 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.
C0050/R0060Other motor insurance and proportional reinsurance — Net (of reinsurance/ SPV) best estimate and TP calculated as a whole — life activitiesThese 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/R0060Other motor insurance and proportional reinsurance — Net (of reinsurance) written premiums in the last 12 months — life activitiesThese 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.
C0030/R0070Marine, aviation and transport insurance and proportional reinsurance — Net (of reinsurance/ SPV) best estimate and TP calculated as a whole — non–life activitiesThese 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/R0070Marine, aviation and transport insurance and proportional reinsurance — Net (of reinsurance) written premiums in the last 12 months — non–life activitiesThese 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.
C0050/R0070Marine, aviation and transport insurance and proportional reinsurance — Net (of reinsurance/ SPV) best estimate and TP calculated as a whole — life activitiesThese 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/R0070Marine, aviation and transport insurance and proportional reinsurance — Net (of reinsurance) written premiums in the last 12 months — life activitiesThese 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.
C0030/R0080Fire and other damage to property insurance and proportional reinsurance — Net (of reinsurance/ SPV) best estimate and TP calculated as a whole — non–life activitiesThese 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/R0080Fire and other damage to property insurance and proportional reinsurance — Net (of reinsurance) written premiums in the last 12 months — non–life activitiesThese 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.
C0050/R0080Fire and other damage to property insurance and proportional reinsurance — Net (of reinsurance/ SPV) best estimate and TP calculated as a whole — life activitiesThese 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/R0080Fire and other damage to property insurance and proportional reinsurance — Net (of reinsurance) written premiums in the last 12 months — life activitiesThese 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.
C0030/R0090General liability insurance and proportional reinsurance — Net (of reinsurance/ SPV) best estimate and TP calculated as a whole — non–life activitiesThese 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/R0090General liability insurance and proportional reinsurance — Net (of reinsurance) written premiums in the last 12 months — non–life activitiesThese 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.
C0050/R0090General liability insurance and proportional reinsurance — Net (of reinsurance/ SPV) best estimate and TP calculated as a whole — life activitiesThese 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/R0090General liability insurance and proportional reinsurance — Net (of reinsurance) written premiums in the last 12 months — life activitiesThese 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.
C0030/R0100Credit and suretyship insurance and proportional reinsurance — Net (of reinsurance/ SPV) best estimate and TP calculated as a whole — non–life activitiesThese 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/R0100Credit and suretyship insurance and proportional reinsurance — Net (of reinsurance) written premiums in the last 12 months — non–life activitiesThese 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.
C0050/R0100Credit and suretyship insurance and proportional reinsurance — Net (of reinsurance/ SPV) best estimate and TP calculated as a whole — life activitiesThese 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/R0100Credit and suretyship insurance and proportional reinsurance — Net (of reinsurance) written premiums in the last 12 months — life activitiesThese 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.
C0030/R0110Legal expenses insurance and proportional reinsurance — Net (of reinsurance/ SPV) best estimate and TP calculated as a whole — non–life activitiesThese 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/R0110Legal expenses insurance and proportional reinsurance — Net (of reinsurance) written premiums in the last 12 months — non–life activitiesThese 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.
C0050/R0110Legal expenses insurance and proportional reinsurance — Net (of reinsurance/ SPV) best estimate and TP calculated as a whole — life activitiesThese 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/R0110Legal expenses insurance and proportional reinsurance — Net (of reinsurance) written premiums in the last 12 months — life activitiesThese 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.
C0030/R0120Assistance and proportional reinsurance — Net (of reinsurance/ SPV) best estimate and TP calculated as a whole — non–life activitiesThese 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/R0120Assistance and proportional reinsurance — Net (of reinsurance) written premiums in the last 12 months — non–life activitiesThese 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.
C0050/R0120Assistance and proportional reinsurance — Net (of reinsurance/ SPV) best estimate and TP calculated as a whole — life activitiesThese 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/R0120Assistance and proportional reinsurance — Net (of reinsurance) written premiums in the last 12 months — life activitiesThese 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.
C0030/R0130Miscellaneous financial loss insurance and proportional reinsurance — Net (of reinsurance/ SPV) best estimate and TP calculated as a whole — non–life activitiesThese 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/R0130Miscellaneous financial loss insurance and proportional reinsurance — Net (of reinsurance) written premiums in the last 12 months — non–life activitiesThese 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.
C0050/R0130Miscellaneous financial loss insurance and proportional reinsurance — Net (of reinsurance/ SPV) best estimate and TP calculated as a whole — life activitiesThese 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/R0130Miscellaneous financial loss insurance and proportional reinsurance — Net (of reinsurance) written premiums in the last 12 months — life activitiesThese 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.
C0030/R0140Non–proportional health reinsurance — Net (of reinsurance/ SPV) best estimate and TP calculated as a whole — non–life activitiesThese 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/R0140Non–proportional health reinsurance — Net (of reinsurance) written premiums in the last 12 months — non–life activitiesThese 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.
C0050/R0140Non–proportional health reinsurance — Net (of reinsurance/ SPV) best estimate and TP calculated as a whole — life activitiesThese 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/R0140Non–proportional health reinsurance — Net (of reinsurance) written premiums in the last 12 months — life activitiesThese 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.
C0030/R0150Non–proportional casualty reinsurance — Net (of reinsurance/ SPV) best estimate and TP calculated as a whole — non–life activitiesThese 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/R0150Non–proportional casualty reinsurance — Net (of reinsurance) written premiums in the last 12 months — non–life activitiesThese 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.
C0050/R0150Non–proportional casualty reinsurance — Net (of reinsurance/ SPV) best estimate and TP calculated as a whole — life activitiesThese 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/R0150Non–proportional casualty reinsurance — Net (of reinsurance) written premiums in the last 12 months — life activitiesThese 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.
C0030/R0160Non–proportional marine, aviation and transport reinsurance — Net (of reinsurance/ SPV) best estimate and TP calculated as a whole — non–life activitiesThese 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/R0160Non–proportional marine, aviation and transport reinsurance — Net (of reinsurance) written premiums in the last 12 months — non–life activitiesThese 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.
C0050/R0160Non–proportional marine, aviation and transport reinsurance — Net (of reinsurance/ SPV) best estimate and TP calculated as a whole — life activitiesThese 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/R0160Non–proportional marine, aviation and transport reinsurance — Net (of reinsurance) written premiums in the last 12 months — life activitiesThese 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.
C0030/R0170Non–proportional property reinsurance — Net (of reinsurance/ SPV) best estimate and TP calculated as a whole — non–life activitiesThese 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/R0170Non–proportional property reinsurance — Net (of reinsurance) written premiums in the last 12 months — non–life activitiesThese 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.
C0050/R0170Non–proportional property reinsurance — Net (of reinsurance/ SPV) best estimate and TP calculated as a whole — life activitiesThese 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/R0170Non–proportional property reinsurance — Net (of reinsurance) written premiums in the last 12 months — life activitiesThese 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.
C0070/R0200Linear Formula component for life insurance and reinsurance obligations MCR(L,NL) ResultThis 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/R0200Linear Formula component for life insurance and reinsurance obligations MCR(L,L) ResultThis 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/R0210Obligations with profit participation — guaranteed benefits — Net (of reinsurance/ SPV) best estimate and TP calculated as a whole — non–life activitiesThese 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/R0210Obligations with profit participation — guaranteed benefits — Net (of reinsurance/ SPV) best estimate and TP calculated as a whole– life activitiesThese 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/R0220Obligations with profit participation — future discretionary benefits — Net (of reinsurance/ SPV) best estimate and TP calculated as a whole– non–life activitiesThese 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/R0220Obligations with profit participation — future discretionary benefits — Net (of reinsurance/ SPV) best estimate and TP calculated as a whole– life activitiesThese 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/R0230Index–linked and unit–linked insurance obligations — Net (of reinsurance/ SPV) best estimate and TP calculated as a whole — non–life activitiesThese 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/R0230Index–linked and unit–linked insurance obligations — Net (of reinsurance/ SPV) best estimate and TP calculated as a whole– life activitiesThese 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/R0240Other life (re)insurance and health (re)insurance obligations — Net (of reinsurance/ SPV) best estimate and TP calculated as a whole — non–life activitiesThese 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/R0240Other life (re)insurance and health (re)insurance obligations — Net (of reinsurance/ SPV) best estimate and TP calculated as a whole– life activitiesThese 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/R0250Total capital at risk for all life (re)insurance obligations — Net (of reinsurance/SPV) total capital at risk– non–life activitiesThis 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/R0250Total capital at risk for all life (re)insurance obligations — Net (of reinsurance/SPV) total capital at risk– life activitiesThis 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/R0300Overall MCR calculation — Linear MCRThe 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/R0310Overall MCR calculation — SCRThis 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/R0320Overall MCR calculation — MCR capThis 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/R0330Overall MCR calculation — MCR floorThis is calculated as 25 % of the SCR including any capital add–on in accordance with article 129(3) of Directive 2009/138/EC.
C0130/R0340Overall MCR calculation — Combined MCRThis is the result of the formula component calculated in accordance with article 248 (2) of Delegated Regulation (EU) 2015/35.
C0130/R0350Overall MCR calculation — Absolute floor of the MCRThis is calculated as defined in article 129(1)d of Directive 2009/138/EC.
C0130/R0400Minimum Capital RequirementThis is the result of the formula component calculated in accordance with article 248 (1) of Delegated Regulation (EU) 2015/35.
C0140/R0500Notional non–life and life MCR calculation — Notional linear MCR — non–life activitiesThis is calculated in accordance with article 252 (3) of Delegated Regulation (EU) 2015/35.
C0150/R0500Notional non–life and life MCR calculation — Notional linear MCR –life activitiesThis is calculated in accordance with article 252 (9) of Delegated Regulation (EU) 2015/35.
C0140/R0510Notional non–life and life MCR calculation — Notional SCR excluding add–on (annual or latest calculation) — non–life activitiesThis 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)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/R0510Notional non–life and life MCR calculation — Notional SCR excluding add–on (annual or latest calculation) –life activitiesThis 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) 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/R0520Notional non–life and life MCR calculation — Notional MCR cap — non–life activitiesThis 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/R0520Notional non–life and life MCR calculation — Notional MCR cap –life activitiesThis 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/R0530Notional non–life and life MCR calculation — Notional MCR floor — non–life activitiesThis 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/R0530Notional non–life and life MCR calculation — Notional MCR floor –life activitiesThis 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/R0540Notional non–life and life MCR calculation — Notional Combined MCR — non–life activitiesThis is calculated in accordance with article 252 (3) of Delegated Regulation (EU) 2015/35.
C0150/R0540Notional non–life and life MCR calculation — Notional Combined MCR –life activitiesThis is calculated in accordance with article 252 (8) of Delegated Regulation (EU) 2015/35.
C0140/R0550Notional non–life and life MCR calculation — Absolute floor of the notional MCR — non–life activitiesThis is the amount defined in article 129(1)d(i) of Directive 2009/138/EC.
C0150/R0560Notional non–life and life MCR calculation — Absolute floor of the notional MCR — life activitiesThis is the amount defined in article 129(1)d(ii) Directive 2009/138/EC.
C0140/R0560Notional non–life and life MCR calculation — Notional MCR — non–life activitiesThis is the notional non–life MCR calculated in accordance with article 252 (2) of Delegated Regulation (EU) 2015/35.
C0150/R0560Notional non–life and life MCR calculation — Notional MCR — life activitiesThis is the notional life MCR calculated in accordance with article 252 (7) of Delegated Regulation (EU) 2015/35.
ANNEX IIIInstructions regarding the templates for the solvency and condition report of groupsThis Annex contains additional instructions in relation to the templates included in Annex I of this Regulation. 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 sheetGeneral comments:This section relates to 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 the Directive2009/138/EC, Delegated Regulation (EU) 2015/35, Solvency 2 Technical Standards and Guidelines.
AssetsLiabilities
ITEMINSTRUCTIONS
C0010/R0030Intangible assetsIntangible assets other than goodwill. An identifiable non–monetary asset without physical substance.
C0010/R0040Deferred tax assetsDeferred 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; and/or(c)the carry forward of unused tax credits.
C0010/R0050Pension benefit surplusThis is the total of net surplus related to employees' pension scheme.
C0010/R0060Property, plant & equipment held for own useTangible assets which are intended for permanent use and property held by the group for own use. It includes also property for own use under construction.
C0010/R0070Investments (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/R0080Property (other than for own use)Amount of the property, other than for own use. It includes also property under construction other than for own use.
C0010/R0090Holdings in related undertakings, including participationsParticipations as defined in Article 13(20) and 212 (2) and holdings in related undertakings in Article 212(1)(b) of Directive 2009/138/EC.When part of the assets regarding participation and related undertakings refer to unit and index linked contracts, these 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) 2015/35holdings in related undertakings in other financial sectors as described in Article 335, paragraph 1, (e) of Delegated Regulation (EU) 2015/35other related undertakings as described in Article 335, paragraph 1, (f) of Delegated Regulation (EU) 2015/35insurance 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/R0100EquitiesThis is the total amount of equities, listed and unlisted.
C0010/R0110Equities — listedShares representing corporations' capital, e.g. representing ownership in a corporation, negotiated on a regulated market or on a multilateral trading facility, as defined by Directive 2004/39/EC.It shall exclude holdings in related undertakings, including participations.
C0010/R0120Equities — unlistedShares representing corporations' capital, e.g. representing ownership in a corporation, not negotiated on a regulated market or on a multilateral trading facility, as defined by Directive 2004/39/EC.It shall exclude holdings in related undertakings, including participations.
C0010/R0130BondsThis is the total amount of government bonds, corporate bonds, structured notes and collateralised securities.
C0010/R0140Government BondsBonds 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 denominated and funded in the domestic currency of that central government and the central bank, multilateral development banks referred to in paragraph 2 of Article 117 of Regulation (EU) No 575/2013 or international organisations referred to in Article 118 of Regulation (EU) No 575/2013, where the guarantee meets the requirements set out in Article 215 of Delegated Regulation (EU) 2015/35
C0010/R0150Corporate BondsBonds issued by corporations.
C0010/R0160Structured notesHybrid 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"). Assets under this category are not subject to unbundling
C0010/R0170Collateralised securitiesSecurities whose value and payments are derived from a portfolio of underlying assets. Includes 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/R0180Collective Investments UndertakingsCollective 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 Council2 or an alternative investment fund ("AIF") as defined in Article 4(1)(a) of Directive 2011/61/EU of the European Parliament and of the Council.
C0010/R0190DerivativesA 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/R0200Deposits other than cash equivalentsDeposits 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/R0210Other investmentsOther investments not covered already within investments disclosed above.
C0010/R0220Assets held for index–linked and unit–linked contractsAssets held for index–linked and unit–linked contracts (classified in line of business 31 as defined in Annex I of Delegated Regulation (EU) 2015/35).
C0010/R0230Loans and mortgagesThis 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/R0240Loans on policiesLoans made to policyholders, collateralised on policies (underlying technical provisions).
C0010/R0250Loans and mortgages to individualsFinancial assets created when creditors lend funds to debtors — individuals, with collateral or not, including cash pools.
C0010/R0260Other loans and mortgagesFinancial assets created when creditors lend funds to debtors — others, not classifiable in item R0240 or R0250, with collateral or not, including cash pools.
C0010/R0270Reinsurance recoverables from:This is the total amount of reinsurance recoverables. It corresponds to the amount of reinsurer share of technical provisions (including Finite Re and SPV).
C0010/R0280Non–life and health similar to non–lifeReinsurance recoverables in respect of technical provisions for non–life and health similar to non–life.
C0010/R0290Non–life excluding healthReinsurance recoverables in respect of technical provisions for non–life business, excluding technical provisions for health– similar to non –life
C0010/R0300Health similar to non–lifeReinsurance recoverables in respect of technical provisions for health similar to non — life.
C0010/R0310Life and health similar to life, excluding health and index–linked and unit–linkedReinsurance recoverable in respect of technical provisions for life and health similar to life, excluding health and index–linked and unit–linked
C0010/R0320Health similar to lifeReinsurance recoverables in respect of technical provisions for health–similar to life.
C0010/R0330Life excluding health and index–linked and unit–linkedReinsurance 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/R0340Life index–linked and unit–linkedReinsurance recoverables in respect of technical provisions for life index–linked and unit–linked business.
C0010/R0350Deposits to cedantsDeposits relating to reinsurance accepted.
C0010/R0360Insurance and intermediaries receivablesAmounts past–due for payment by policyholders, insurers, and other linked to insurance business, that are not included in cash–in flows of technical provisions.It shall include receivables from reinsurance accepted.
C0010/R0370Reinsurance receivablesAmounts past due by reinsurers and linked to reinsurance business that is not included in reinsurance recoverables.It might include: the amounts past due from receivables from reinsurers that relate to settled claims of policyholders or beneficiaries; receivables from reinsurers in relation to other than insurance events or settled insurance claims, for example commissions.
C0010/R0380Receivables (trade, not insurance)Includes amounts receivables from employees or various business partners (not insurance–related), including public entities.
C0010/R0390Own shares (held directly)This is the total amount of own shares held directly by the group.
C0010/R0400Amounts due in respect of own fund items or initial fund called up but not yet paid inValue of the amount due in respect of own fund items or initial fund called up but not yet paid in.
C0010/R0410Cash and cash equivalentsNotes 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/R0420Any other assets, not elsewhere shownThis is the amount of any other assets not elsewhere already included within balance Sheet items.
C0010/R0500Total assetsThis is the overall total amount of all assets.
C0010/R0510Technical provisions — non–lifeSum of the technical provisions non–life.This amount should include 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/R0520Technical provisions — non–life (excluding health)This is the total amount of technical provisions for non — life business (excluding health).This amount should include the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.
C0010/R0530Technical provisions — non–life (excluding health) — technical provisions calculated as a wholeThis is the total amount of technical provisions calculated as whole (replicable/hedgeable portfolio) for non — life business (excluding health).This amount should include the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.
C0010/R0540Technical provisions — non–life (excluding health) — Best estimateThis 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 should include the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.
C0010/R0550Technical provisions — non–life (excluding health) — Risk marginThis is the total amount of risk margin of technical provisions for non — life business (excluding health).This amount should include the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.
C0010/R0560Technical provisions — health (similar to non–life)This is the total amount of technical provisions for health (similar to non — life).This amount should include the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.
C0010/R0570Technical provisions — health (similar to non — life) — technical provisions calculated as a wholeThis is the total amount of technical provisions calculated as a whole (replicable / hedgeable portfolio) for health (similar to non–life).This amount should include the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.
C0010/R0580Technical provisions — health(similar to non –life) — Best estimateThis is the total amount of best estimate of technical provisions for health business (similar to non — life).Best estimate shall be disclosed gross of reinsuranceThis amount should include the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.
C0010/R0590Technical provisions — health (similar to non — life) — Risk marginThis is the total amount of risk margin of technical provisions for health business (similar to non — life).This amount should include the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.
C0010/R0600Technical provisions — life (excluding index–linked and unit–linked)Sum of the technical provisions life (excluding index–linked and unit–linked).This amount should include the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.
C0010/R0610Technical provisions — health (similar to life)This is the total amount of technical provisions for health (similar to life) business.This amount should include the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.
C0010/R0620Technical provisions — health (similar to life) — technical provisions calculated as a wholeThis is the total amount of technical provisions calculated as a whole (replicable / hedgeable portfolio) for health (similar to life) business.This amount should include the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.
C0010/R0630Technical provisions — health (similar to life) — Best estimateThis is the total amount of best estimate of technical provisions for health (similar to life) business.Best estimate shall be disclosed gross of reinsuranceThis amount should include the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.
C0010/R0640Technical provisions — health (similar to life) — Risk marginThis is the total amount of risk margin of technical provisions for health (similar to life) business.This amount should include the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.
C0010/R0650Technical 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 should include the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.
C0010/R0660Technical provisions — life (excl. health and index–linkded and unit–linked) — technical provisions calculated as a wholeThis 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 should include the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.
C0010/R0670Technical provisions — life (excl. health and index–linkded and unit–linked) — Best estimateThis 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 reinsuranceThis amount should include the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.
C0010/R0680Technical provisions — life (excl. health and index–linked and unit–linked) — Risk marginThis is the total amount of risk margin of technical provisions for life (excluding health and index — linked and unit — linked) business.This amount should include the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.
C0010/R0690Technical provisions — index–linked and unit–linkedThis is the total amount of technical provisions for index — linked and unit — linked business.This amount should include the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.
C0010/R0700Technical provisions — index–linked and unit–linked — technical provisions calculated as a wholeThis is the total amount of technical provisions calculated as a whole (replicable / hedgeable portfolio) for index — linked and unit — linked business.This amount should include the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.
C0010/R0710Technical provisions — index–linked and unit–linked — Best estimateThis is the total amount of best estimate of technical provisions for index — linked and unit — linked business.Best estimate shall be disclosed gross of reinsuranceThis amount should include the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.
C0010/R0720Technical provisions — index–linked and unit–linked — Risk marginThis is the total amount of risk margin of technical provisions for index — linked and unit — linked business.This amount should include the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.
C0010/R0740Contingent liabilitiesA contingent liability is defined as:(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 the Delegated Regulation (EU) 2015/35.
C0010/R0750Provisions other than technical provisionsLiabilities 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/R0760Pension benefit obligationsThis is the total net obligations related to employees' pension scheme.
C0010/R0770Deposits from reinsurersAmounts (e.g. cash) received from reinsurer or deducted by the reinsurer according to the reinsurance contract.
C0010/R0780Deferred tax liabilitiesDeferred tax liabilities are the amounts of income taxes payable in future periods in respect of taxable temporary differences.
C0010/R0790DerivativesA 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/R0800Debts owed to credit institutionsDebts, such as 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. It shall also include bank overdrafts.
C0010/R0810Financial liabilities other than debts owed to credit institutionsFinancial 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/R0820Insurance and intermediaries payablesAmounts past due to policyholders, insurers and other business linked to insurance, but that are not technical provisions.Includes amounts past due to (re)insurance intermediaries (e.g. commissions due to intermediaries but not yet paid by the group).Excludes loans & mortgages due to other insurance companies, if they 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/R0830Reinsurance payablesAmounts payable, past due to reinsurers (in particular current accounts) other than deposits linked to reinsurance business, that are not included in reinsurance recoverables.Includes payables to reinsurers that relate to ceded premiums.
C0010/R0840Payables (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/R0850Subordinated liabilitiesSubordinated 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/R0860Subordinated liabilities not in Basic Own FundsSubordinated 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/R0870Subordinated liabilities in Basic Own FundsSubordinated liabilities classified in Basic Own Funds.
C0010/R0880Any other liabilities, not elsewhere shownThis is the total of any other liabilities, not elsewhere already included in other Balance Sheet items.
C0010/R0900Total liabilitiesThis is the overall total amount of all liabilities
C0010/R1000Excess of assets over liabilitiesThis 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 businessGeneral comments:This section relates to 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 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.
Non–life insurance and reinsurance obligationsLife insurance and reinsurance obligations
ITEMINSTRUCTIONS
C0010 to C0120/R0110Premiums written — Gross — Direct BusinessDefinition 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.
C0010 to C0120/R0120Premiums written — Gross — Proportional reinsurance acceptedDefinition 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.
C0130 to C0160/R0130Premiums written — Gross — Non proportional reinsurance acceptedDefinition 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.
C0010 to C0160/R0140Premiums written — Reinsurers' shareDefinition 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.
C0010 to C0160/R0200Premiums written — netDefinition 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.
C0010 to C0120/R0210Premiums earned — Gross — Direct businessDefinition 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 insurance business.
C0010 to C0120/R0220Premiums earned — Gross — Proportional reinsurance acceptedDefinition 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.
C0130 to C0160/R0230Premiums earned — Gross — Non proportional reinsurance acceptedDefinition 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.
C0010 to C0160/R0240Premiums earned — reinsurers' shareDefinition of earned premiums provided in directive 91/674/EEC where applicable: it is 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/R0300Premiums earned — NetDefinition 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.
C0010 to C0120/R0310Claims incurred Gross — Direct businessClaims 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.
C0010 to C0120/R0320Claims incurred Gross — Proportional reinsurance acceptedClaims 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 proportional reinsurance accepted.This shall exclude claims management expenses and the movement in provisions in claims management expenses.
C0130 to C0160/R0330Claims incurred — Gross — Non proportional reinsurance acceptedClaims 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 non proportional reinsurance accepted.This shall exclude claims management expenses and the movement in provisions in claims management expenses.
C0010 to C0160/R0340Claims incurred — Reinsurers' shareClaims 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.This shall exclude claims management expenses and the movement in provisions in claims management expenses.
C0010 to C0160/R0400Claims incurred — NetClaims 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.
C0010 to C0120/R0410Changes in other technical provisions — Gross — Direct businessChanges in other technical provisions as defined in Directive 91/674/EEC where applicable: it is the changes in other technical provisions for the gross direct business.This item shall be reported as a positive amount if the variation is negative (reduction of other technical provisions leading to a profit) or as a negative amount if variation is positive (increase of other technical provisions leading to a loss).
C0010 to C0120/R0420Changes in other technical provisions — Gross — Proportional reinsurance acceptedChanges in other technical provisions as defined in Directive 91/674/EEC where applicable: it is the changes in other technical provisions for the gross proportional reinsurance accepted.This item shall be reported as a positive amount if the variation is negative (reduction of other technical provisions leading to a profit) or as a negative amount if variation is positive (increase of other technical provisions leading to a loss).
C0130 to C0160/R0430Changes in other technical provisions — Gross — Non- proportional reinsurance acceptedChanges in other technical provisions as defined in Directive 91/674/EEC where applicable: it is the changes in other technical provisions for the gross non- proportional reinsurance accepted.This item shall be reported as a positive amount if the variation is negative (reduction of other technical provisions leading to a profit) or as a negative amount if variation is positive (increase of other technical provisions leading to a loss).
C0010 to C0160/R0440Changes in other technical provisions — Reinsurers' shareChanges in other technical provisions as defined in Directive 91/674/EEC where applicable: it is the changes in other technical provisions related to the amounts ceded to reinsurers.This item shall be reported as a positive amount if the variation is negative or as a negative amount if variation is positive.
C0010 to C0160/R0500Changes in other technical provisions — NetChanges in other technical provisions as defined in Directive 91/674/EEC where applicable: the net amount of changes in other technical provisions represent the sum of the direct business and the accepted reinsurance business reduced by the amount ceded to reinsurance undertakings.This item shall be reported as a positive amount if the variation is negative (reduction of other technical provisions leading to a profit) or as a negative amount if variation is positive (increase of other technical provisions leading to a loss).
C0010 to C0160/R0550Expenses incurredAll technical expenses incurred by the group during the reporting period, on accrual basis.
C0200/R0110–R0550TotalTotal for different items for all lines of business, as defined in Annex I to Delegated Regulation (EU) 2015/35.
C0200/R1200Other expensesOther 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.
C0200/R1300Total expensesAmount of all technical expenses
C0210 to C0280/R1410Premiums written — GrossDefinition 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.It includes both direct and reinsurance business.
C0210 to C0280/R1420Premiums written — Reinsurers' shareDefinition 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.
C0210 to C0280/R1500Premiums written — netDefinition 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.
C0210 to C0280/R1510Premiums earned — Gross — Direct business and reinsurance acceptedDefinition 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 insurance and reinsurance accepted business.
C0210 to C0280/R1520Premiums earned — reinsurers' shareDefinition 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.
C0210 to C0280/R1600Premiums earned — NetDefinition 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.
C0210 to C0280/R1610Claims incurred — Gross — Direct business and reinsurance acceptedClaims incurred in the reporting period as defined 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 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/R1620Claims incurred — Reinsurers' shareClaims incurred in the reporting period as defined 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.This shall exclude claims management expenses and the movement in provisions in claims management expenses.
C0210 to C0280/R1700Claims incurred — NetClaims incurred in the reporting period as defined 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/R1710Changes in other technical provisions — Gross — Direct business and reinsurance acceptedDefinition of changes in other technical provisions provided in Directive 91/674/EEC where applicable: it is the changes in other technical provisions relating to insurance contracts arising from the gross direct and reinsurance business.This item shall be reported as a positive amount if the variation is negative (reduction of other technical provisions leading to a profit) or as a negative amount if variation is positive (increase of other technical provisions leading to a loss).
C0210 to C0280/R1720Change in other technical provisions — Reinsurers' shareDefinition of changes in other technical provisions provided in Directive 91/674/EEC where applicable: it is the reinsurers' share in changes in other technical provisions.This item shall be reported as a positive amount if the variation is negative or as a negative amount if variation is positive.
C0210 to C0280/R1800Change in other technical provisions — NetDefinition of changes in other technical provisions provided in Directive 91/674/EEC where applicable: the net changes in other technical provisions related to the sum of the direct business and the accepted reinsurance business reduced by the amount ceded to reinsurance undertakings.This item shall be reported as a positive amount if the variation is negative (reduction of other technical provisions leading to a profit) or as a negative amount if variation is positive (increase of other technical provisions leading to a loss).
C0210 to C0280/R1900Expenses incurredAll technical expenses expensed incurred by the group during the reporting period, on accrual basis.
C0300/R1410–R1900TotalTotal for different items for all life lines of business, as defined in Annex I to Delegated Regulation (EU) 2015/35.
C0300/R2500Other expensesOther 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.
C0300/R2600Total expensesAmount of all technical expenses.
C0210 to C0280/R2700Total amount of surrendersThis 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 countryGeneral comments:This section relates to 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:(e)The country where the insurance undertaking is established (home country) when the contract was not sold through a branch or freedom to provide services;(f)The country where the branch is located (host country) when the contract was sold through a branch;(g)The country where the freedom to provide services was notified (host country) when the contract was sold through freedom to provide services.(h)If an intermediary is used or in any other situation, it is a), b) or c) depending on who sold the contract.
Non–life insurance and reinsurance obligationsLife insurance obligations
ITEMINSTRUCTIONS
C0020 to C0060/R0010Top 5 countries (by amount of gross premiums written) — non–life obligationsIdentify the ISO 3166–1 alpha–2 code of the countries being disclosed for the non–life obligations.
C0080 to C0140/R0110Premiums written — Gross — Direct BusinessDefinition 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..
C0080 to C0140/R0120Premiums written — Gross — Proportional reinsurance acceptedDefinition 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.
C0080 to C0140/R0130Premiums written — Gross — Non proportional reinsurance acceptedDefinition 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.
C0080 to C0140/R0140Premiums written — Reinsurers' shareDefinition 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.
C0080 to C0140/R0200Premiums written — netDefinition 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.
C0080 to C0140/R0210Premiums earned — Gross — Direct businessDefinition 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.
C0080 to C0140/R0220Premiums earned — Gross — Proportional reinsurance acceptedDefinition 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.
C0080 to C0140/R0230Premiums earned — Gross — Non proportional reinsurance acceptedDefinition 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.
C0080 to C0140/R0240Premiums earned — reinsurers' shareDefinition 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.
C0080 to C0140/R0300Premiums earned — NetDefinition 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.
C0080 to C0140/R0310Claims incurred Gross — Direct businessClaims 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/R0320Claims incurred Gross — Proportional reinsurance acceptedClaims 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/R0330Claims incurred — Gross — Non proportional reinsurance acceptedClaims 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/R0340Claims incurred — Reinsurers' shareClaims 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/R0400Claims incurred — NetClaims 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/R0410Changes in other technical provisions — Gross — Direct businessChanges in other technical provisions as defined in Directive 91/674/EEC where applicable: it is the changes in other technical provisions for the gross direct business.This item shall be reported as a positive amount if the variation is negative (reduction of other technical provisions leading to a profit) or as a negative amount if variation is positive (increase of other technical provisions leading to a loss).
C0080 to C0140/R0420Changes in other technical provisions — Gross — Proportional reinsurance acceptedChanges in other technical provisions as defined in Directive 91/674/EEC where applicable: it is the changes in other technical provisions for the gross proportional reinsurance accepted.This item shall be reported as a positive amount if the variation is negative (reduction of other technical provisions leading to a profit) or as a negative amount if variation is positive (increase of other technical provisions leading to a loss).
C0080 to C0140/R0430Changes in other technical provisions — Gross — Non- proportional reinsurance acceptedChanges in other technical provisions as defined in Directive 91/674/EEC where applicable: it is the changes in other technical provisions for the gross non- proportional reinsurance accepted.This item shall be reported as a positive amount if the variation is negative (reduction of other technical provisions leading to a profit) or as a negative amount if variation is positive (increase of other technical provisions leading to a loss).
C0080 to C0140/R0440Changes in other technical provisions — Reinsurers' shareChanges in other technical provisions as defined in Directive 91/674/EEC where applicable: it is the changes in other technical provisions related to the amounts ceded to reinsurers.This item shall be reported as a positive amount if the variation is negative or as a negative amount if variation is positive.
C0080 to C0140/R0500Changes in other technical provisions — NetChanges in other technical provisions as defined in Directive 91/674/EEC where applicable: the net amount of changes in other technical provisions represent the sum of the direct business and the accepted reinsurance business reduced by the amount ceded to reinsurance undertakings.This item shall be reported as a positive amount if the variation is negative (reduction of other technical provisions leading to a profit) or as a negative amount if variation is positive (increase of other technical provisions leading to a loss).
C0080 to C0140/R0550Expenses incurredAll technical expenses incurred by the group during the reporting period, on accrual basis.
C0140/R1200Other expensesOther 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/R1300Total expensesAmount of all technical expenses corresponding to countries covered by this template.
C0160 to C0200/R1400Top 5 countries (by amount of gross premiums written) — life obligationsIdentify the ISO 3166–1 alpha–2 code of the countries being disclosed for the life obligations.
C0220 to C0280/R1410Premiums written — GrossDefinition 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.
C0220 to C0280/R1420Premiums written — Reinsurers' shareDefinition 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.
C0220 to C0280/R1500Premiums written — netDefinition 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.
C0220 to C0280/R1510Premiums earned — GrossDefinition 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.
C0220 to C0280/R1520Premiums earned — reinsurers' shareDefinition 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.
C0220 to C0280/R1600Premiums earned — NetDefinition 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.
C0220 to C0280/R1610Claims incurred — GrossClaims 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/R1620Claims incurred — Reinsurers' shareClaims 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/R1700Claims incurred — NetClaims 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/R1710Changes in other technical provisions — GrossDefinition of changes in other technical provisions provided in Directive 91/674/EEC where applicable: it is the changes in other technical provisions relating to insurance contracts arising from the gross direct and reinsurance business.This item shall be reported as a positive amount if the variation is negative (reduction of other technical provisions leading to a profit) or as a negative amount if variation is positive (increase of other technical provisions leading to a loss).
C0220 to C0280/R1720Change in other technical provisions — Reinsurers' shareDefinition of changes in other technical provisions provided in Directive 91/674/EEC where applicable: it is the reinsurers' share in changes in other technical provisions.This item shall be reported as a positive amount if the variation is negative or as a negative amount if variation is positive.
C0220 to C0280/R1800Change in other technical provisions — NetDefinition of changes in other technical provisions provided in Directive 91/674/EEC where applicable: it is the changes in other technical provisions related to the sum of the direct business and the accepted reinsurance business reduced by the amount ceded to reinsurance undertakings.This item shall be reported as a positive amount if the variation is negative (reduction of other technical provisions leading to a profit) or as a negative amount if variation is positive (increase of other technical provisions leading to a loss).
C0220 to C0280/R1900Expenses incurredAll technical expenses incurred by the group during the reporting period, on accrual basis.
C0280/R2500Other expensesOther 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..
C0280/R2600Total expensesAmount of all technical expenses corresponding to countries covered by this template.
S.22.01 — Impact of long term guarantees measures and transitionalGeneral comments:This section relates to 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.
Technical provisions
ITEMINSTRUCTIONS
C0010/R0010Amount with LTG measures and transitionals — Technical ProvisionsTotal amount of gross technical provisions including long term guarantee measures and transitional measures.
C0030/R0010Impact of transitional on technical provisions — Technical provisionsAmount 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/R0010Impact of transitional on interest rate — Technical provisionsAmount 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/R0010Impact of volatility adjustment set to zero — Technical provisionsAmount 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/R0100Impact of matching adjustment set to zero — Eligible own funds to meet MCRAmount 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/R0020Amount with LTG measures and transitionals — Basic own fundsTotal amount of basic own funds calculated considering technical provisions including the adjustments due to the long term guarantee measures and transitional measures
C0030/R0020Impact of transitional on technical provisions — Basic own fundsAmount 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 considering technical provisions with LTG and transitional measures.
C0050/R0020Impact of transitional on interest rate — Basic own fundsAmount 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/R0020Impact of volatility adjustment set to zero — Basic own fundsAmount 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/R0020Impact of matching adjustment set to zero — Basic own fundsAmount 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/R0050Amount with LTG measures and transitionals — Eligible own funds to meet SCRTotal 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/R0050Impact of transitional on technical provisions — Eligible own funds to meet SCRAmount 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 considering technical provisions with LTG and transitional measures.
C0050/R0050Impact of transitional on interest rate — Eligible own funds to meet SCRAmount 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/R0050Impact of volatility adjustment set to zero — Eligible own funds to meet SCRAmount 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/R0050Impact of matching adjustment set to zero — Eligible own funds to meet SCRAmount 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/R0090Amount with LTG measures and transitionals — SCRTotal amount of SCR calculated considering technical provisions including the adjustments due to the long term guarantee measures and transitional measures
C0030/R0090Impact of transitional on technical provisions — SCRAmount 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 considering technical provisions with LTG and transitional measures.
C0050/R0090Impact of transitional on interest rate — SCRAmount 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/R0090Impact of volatility adjustment set to zero — SCRAmount 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/R0090Impact of matching adjustment set to zero — SCRAmount 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.
S.23.01. Own FundsGeneral comments:This section relates to 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, the items applicable when Deduction and Aggregation is used, exclusively or in combination with method 1, are clearly identified in the instructions.
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 fundsDeductionsTotal basic own funds after deductionsAncillary own fundsOwn funds of other financial sectorsThe following items are applicable also in case of D&A and combination of methodsOwn funds when using the D&A, exclusively or in combination of method 1Reconciliation Reserve
ITEMINSTRUCTIONS
R0010/C0010Ordinary share capital (gross of own shares) — totalThis 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/C0020Ordinary share capital (gross of own shares) — tier 1 unrestrictedThis is the amount of paid up ordinary share capital that meets unrestricted Tier 1 criteria.
R0010/C0040Ordinary share capital (gross of own shares) — tier 2This is the amount of called up ordinary share capital that meets the criteria for Tier 2.
R0020/C0010Non–available called but not paid in ordinary share capital at group level — totalThis 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 the Directive 2009/138/EC.
R0020/C0020Non–available called but not paid in ordinary share capital at group level — tier 1 unrestrictedThis 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 the Directive 2009/138/EC that meets tier 1 unrestricted criteria.
R0020/C0040Non–available called but not paid in ordinary share capital at group level –tier 2This 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 the Directive 2009/138/EC which meets the criteria for Tier 2.
R0030/C0010Share premium account related to ordinary share capital — totalThe total share premium account related to ordinary share capital that fully satisfies the criteria for Tier 1 or Tier 2 items.
R0030/C0020Share premium account related to ordinary share capital — tier 1 unrestrictedThis 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/C0040Share premium account related to ordinary share capital — tier 2This 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/C0010Initial funds, members' contributions or the equivalent basic own fund item for mutual and mutual–type undertakings — totalThe 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/C0020Initial funds, members' contributions or the equivalent basic own fund item for mutual and mutual–type undertakings — tier 1 unrestrictedThis 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/C0040Initial funds, members' contributions or the equivalent basic own fund item for mutual and mutual–type undertakings — tier 2This 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/C0010Subordinated mutual member accounts — totalThis 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/C0030Subordinated mutual member accounts — tier 1 restrictedThis is the amount of subordinated mutual member accounts that meet the criteria for Tier 1 restricted.
R0050/C0040Subordinated mutual member accounts — tier 2This is the amount of subordinated mutual member accounts that meet the criteria for Tier 2.
R0050/C0050Subordinated mutual member accounts — tier 3This is the amount of subordinated mutual member accounts that meet the criteria for Tier 3.
R0060/C0010Non–available subordinated mutual member accounts at group level — totalThis is the total amount of subordinated mutual member accounts which are deemed non–available as defined in Article 222(2)–(5) of the Directive 2009/138/EC.
R0060/C0030Non–available subordinated mutual member accounts at group level — tier 1 restrictedThis 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.
R0060/C0040Non–available subordinated mutual member accounts at group level — tier 2This is the amount of subordinated mutual member accounts which are deemed non–available as defined in Article 222(2)–(5) of the Directive 2009/138/EC that meet the criteria for Tier 2.
R0060/C0050Non–available subordinated mutual member accounts at group level — tier 3This is the amount of subordinated mutual member accounts which are deemed non–available as defined in Article 222(2)–(5) of the Directive 2009/138/EC that meet the criteria for Tier 3.
R0070/C0010Surplus funds — totalThis is the total amount of surplus funds that fall under Article 91 (2) of the Directive 2009/138/EC.
R0070/C0020Surplus funds — tier 1 unrestrictedThese are the surplus funds that fall under Article 91 (2) of the Directive 2009/138/EC and that meet the criteria for Tier 1 unrestricted items.
R0080/C0010Non–available surplus funds at group level) –totalThis is the total amount of surplus funds which are deemed non–available as defined in Article 222(2)–(5) of the Directive 2009/138/EC.
R0080/C0020Non–available surplus funds at group level) — tier 1 unrestrictedThis is the amount of surplus funds that are deemed non–available as defined in Article 222(2)–(5) of the Directive 2009/138/EC that meet the criteria for Tier 1 unrestricted items.
R0090/C0010Preference shares — totalThis is the total amount of preference shares issued that fully satisfy the criteria for Tier 1 restricted, Tier 2 or Tier 3 items.
R0090/C0030Preference shares — tier 1 restrictedThis is the amount of the preference shares issued that meet the criteria for Tier 1 restricted.
R0090/C0040Preference shares — tier 2This is the amount of the preference shares issued that meet the criteria for Tier 2.
R0090/C0050Preference shares — tier 3This is the amount of the preference shares issued that meet the criteria for Tier 3.
R0100/C0010Non–available preference shares at group level — totalThis is the total amount of preference shares which are deemed non–available as defined in Article 222(2)–(5) of the Directive 2009/138/EC.
R0100/C0030Non–available preference shares at group level — tier 1 RestrictedThis is the amount of preference shares which are deemed non — available as defined in Article 222(2)–(5) of the Directive 2009/138/EC that meet the criteria for Tier 1 restricted items.
R0100/C0040Non–available preference shares at group level — tier 2This is the amount of preference shares which are deemed non–available as defined in Article 222(2)–(5) of the Directive 2009/138/EC that meet the criteria for Tier 2.
R0100/C0050Non–available preference shares at group level — tier 3This is the amount of preference shares which are deemed non–available as defined in Article 222(2)–(5) of the Directive 2009/138/EC that meet the criteria for Tier 3.
R0110/C0010Share premium account related to preference shares — totalThe 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/C0030Share premium account related to preference shares — tier 1 restrictedThis 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/C0040Share premium account related to preference shares — tier 2This 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/C0050Share premium account related to preference shares — tier 3This 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/C0010Non–available share premium account related to preference shares at group level — totalThis 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 the Directive 2009/138/EC.
R0120/C0030Non–available share premium account related to preference shares at group level — tier 1 restrictedThis 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 the Directive 2009/138/EC which meets the criteria for Tier 1 restricted items.
R0120/C0040Non–available share premium account related to preference shares at group level — tier 2This 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 the Directive 2009/138/EC that meets the criteria for Tier 2.
R0120/C0050Non–available share premium account related to preference shares at group level — tier 3This 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 the Directive 2009/138/EC that meets the criteria for Tier 3.
R0130/C0010Reconciliation reserve — totalThe 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 according to Article 75 of Directive 2009/138/EC.
R0130/C0020Reconciliation reserve — tier 1 unrestrictedThe 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 according to Directive 2009/138/EC.
R0140/C0010Subordinated liabilities — totalThis is the total amount of subordinated liabilities.
R0140/C0030Subordinated liabilities — tier 1 restrictedThis is the amount of subordinated liabilities that meet the criteria for Tier 1 restricted items.
R0140/C0040Subordinated liabilities — tier 2This is the amount of subordinated liabilities that meet the criteria for Tier 2.
R0140/C0050Subordinated liabilities — tier 3This is the amount of subordinated liabilities that meet the criteria for Tier 3.
R0150/C0010Non–available subordinated liabilities at group level — totalThis is the total amount of subordinated liabilities that are deemed non–available as defined in Article 222(2)–(5) of the Directive 2009/138/EC.
R0150/C0030Non–available subordinated liabilities at group level — tier 1 restrictedThis is the amount of subordinate liabilities that are deemed non–available as defined in Article 222(2)–(5) of the Directive 2009/138/EC that meet the criteria for Tier 1 restricted items.
R0150/C0040Non–available subordinated liabilities at group level — tier 2This is the amount of subordinated liabilities that are deemed non–available as defined in Article 222(2)–(5) of the Directive 2009/138/EC that meet the criteria for Tier 2.
R0150/C0050Non–available subordinated liabilities at group level — tier 3This is the amount of subordinated liabilities that are deemed non–available as defined in Article 222(2)–(5) of the Directive 2009/138/EC that meet the criteria for Tier 3.
R0160/C0010An amount equal to the value of net deferred tax assets — totalThis is the total amount of net deferred tax assets.
R0160/C0050An amount equal to the value of net deferred tax assets — tier 3This is the amount of net deferred tax assets that meet the tier 3 classification criteria.
R0170/C0010An amount equal to the value of net deferred tax assets non available at group level –totalThis is the total amount of net deferred tax assets which are deemed non–available as defined in Article 222(2)–(5) of the Directive 2009/138/EC.
R0170/C0050An amount equal to the value of net deferred tax assets non available at group level –Tier 3This is the amount of net deferred tax assets which are deemed non–available as defined in Article 222(2)–(5) of the Directive 2009/138/EC that meet the criteria for Tier 3.
R0180/C0010Other own fund items approved by the supervisory authority as basic own funds not specified aboveThis is the total of basic own fund items not identified above and that received supervisory approval.
R0180/C0020Other own fund items approved by the supervisory authority as basic own funds not specified above — tier 1 unrestrictedThis is the amount of basic own fund items not identified above that meet Tier 1 unrestricted criteria and that received supervisory approval.
R0180/C0030Other own fund items approved by the supervisory authority as basic own funds not specified above — Tier 1 restrictedThis 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/C0040Other own fund items approved by the supervisory authority as basic own funds not specified above — tier 2This is the amount of basic own fund items not identified above that meet the criteria for Tier 2 and that received supervisory approval.
R0180/C0050Other own fund items approved by the supervisory authority as basic own funds not specified above — tier 3This is the amount of basic own fund items not identified above that meet the criteria for Tier 3 and that received supervisory approval.
R0190/C0010Non–available own funds related to other items approved by supervisory authority as basic own funds not specified above totalThis 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 the Directive 2009/138/EC.
R0190/C0020Non–available own funds related to other items approved by supervisory authority as basic own funds not specified above tier 1 unrestricted itemsThis 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 the Directive 2009/138/EC that meet the criteria for Tier 1 unrestricted items.
R0190/C0030Non–available own funds related to other items approved by supervisory authority as basic own funds not specified above tier 1) restricted itemsThis 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 the Directive 2009/138/EC that meet the criteria for Tier 1 restricted items.
R0190/C0040Non–available own funds related to other items approved by supervisory authority as basic own funds not specified above tier 2This 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 the Directive 2009/138/EC that meet the criteria for Tier 2.
R0190/C0050Non–available own funds related to other items approved by supervisory authority as basic own funds not specified above — tier 3This 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 the Directive 2009/138/EC that meet the criteria for Tier 3.
R0200/C0010Minority interests at group level (if not disclosed as part of another own fund item)– totalThis is the total of minority interests in the group being disclosed upon. This row should be disclosed if minority interests have not been already included in other items of BOF (i.e. minority interests should not be counted twice).
R0200/C0020Minority interests at group level (if not disclosed as part of another own fund item)– tier 1 unrestrictedThe amount of minority interests in the group being disclosed upon that meets the criteria for Tier 1 unrestricted items.
R0200/C0030Minority interests at group level (if not disclosed as part of another own fund item)– tier 1 restrictedThe amount of minority interests in the group being disclosed upon that meets the criteria for Tier 1 restricted items.
R0200/C0040Minority interests at group level (if not disclosed as part of another own fund item)– tier 2The amount of minority interests in the group being disclosed upon that meets the criteria for Tier 2.
R0200/C0050Minority interests at group level (if not disclosed as part of another own fund item)– tier 3The amount of minority interests in the group being disclosed upon that meets the criteria for Tier 3.
R0210/C0010Non available minority interests at group level — totalThis 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.
R0210/C0020Non available minority interests at group level — tier 1 unrestrictedThis is the amount of minority interests which are deemed non–available as defined in Article 222(2)–(5) of the Directive 2009/138/EC that meet the criteria for Tier 1 unrestricted.
R0210/C0030Non available minority interests at group level — tier 1 restrictedThis is the amount of minority interests which are deemed non–available as defined in Article 222(2)–(5) of the Directive 2009/138/EC that meet the criteria for Tier 1 restricted.
R0210/C0040Non available minority interests at group level — tier 2This is the amount of minority interests which are deemed non–available as defined in Article 222(2)–(5) of the Directive 2009/138/EC that meet the criteria for Tier 2.
R0210/C0050Non available minority interests at group level — tier 3This is the amount of minority interests which are deemed non–available as defined in Article 222(2)–(5) of the Directive 2009/138/EC that meet the criteria for Tier 3.
R0220/C0010Own 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 — totalThis 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:i)items that appear in the lists of own fund items, but fail to meet the classification criteria or the transitional provisions; orii)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.
R0230/C0010Deductions for participations in other financial undertakings, including non–regulated undertakings carrying out financial activities — totalThis 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 the 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, thereby facilitating the calculation of SCR ratios both excluding and including other financial sector entities.
R0230/C0020Deductions for participations in other financial undertakings, including non–regulated undertakings carrying out financial activities — tier 1 unrestrictedThis 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 the 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, thereby facilitating the calculation of SCR ratios both excluding and including other financial sector entities — tier 1 unrestricted items.
R0230/C0030Deductions for in other financial undertakings, including non–regulated undertakings carrying out financial activities — tier 1 restrictedThis 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 the 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, thereby facilitating the calculation of SCR ratios both excluding and including other financial sector entities — tier 1 restricted items.
R0230/C0040Deductions for participations in other financial undertakings, including non–regulated undertakings carrying out financial activities — tier 2This 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 the 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, thereby facilitating the calculation of SCR ratios both excluding and including other financial sector entities — tier 2.
R0240/C0010whereof deducted according to art 228 of the Directive 2009/138/EC– totalThis 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/C0020whereof deducted according to art 228 of the Directive 2009/138/EC — tier 1 unrestrictedThis is the value of participations that are deducted according to Article 228, paragraph 2 of the Directive 2009/138/EC, as part of the value disclosed in row R0230 — tier 1 unrestricted.
R0240/C0030whereof deducted according to art 228 of the Directive 2009/138/EC — tier 1 restrictedThis is the 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 — tier 1 restricted
R0240/C0040whereof deducted according to art 228 of the Directive 2009/138/EC — tier 2This is the 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 — tier 2
R0250/C0010Deductions for participations where there is non–availability of information (Article 229) — totalThis 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 the Directive 2009/138/EC.
R0250/C0020Deductions for participations where there is non–availability of information (Article 229) — tier 1 unrestrictedThis 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/C0030Deductions for participations where there is non–availability of information (Article 229) — tier 1 restrictedThis 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 restricted.
R0250/C0040Deductions for participations where there is non–availability of information (Article 229) — tier 2This 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 2.
R0250/C0050Deductions for participations where there is non–availability of information (Article 229) — tier 3This 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 3.
R0260/C0010Deduction for participations included via D&A when the combination of methods is used — totalThis is the total deduction of the participations in related undertakings included with the Deduction and Aggregation when the combination of methods is used.
R0260/C0020Deduction for participations included with D&A when the combination of methods is used — tier 1 unrestrictedThis 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/C0030Deduction for participations included with D&A when the combination of methods is used — tier 1 restrictedThis is the deduction of the participations in related undertakings included with the Deduction and Aggregation when a combination of methods is used — tier 1 restricted.
R0260/C0040Deduction for participations included with D&A when the combination of methods is used — tier 2This 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/C0050Deduction for participations included with D&A when combination of methods is used — tier 3This 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/C0010Total of non–available own fund items — totalThis is the total of non– available own fund items.
R0270/C0020Total of non–available own fund items — tier 1 unrestrictedThis is the non– available own fund items in Tier 1 unrestricted items.
R0270/C0030Total of non–available own fund items — tier 1 restrictedThis is the non–available own fund items — tier 1 restricted items.
R0270/C0040Total of non–available own fund items — tier 2This is the non–available own fund items — tier 2.
R0270/C0050Total of non–available own fund items — tier 3This is the non–available own fund items — tier 3.
R0280/C0010Total deductions — totalThis is the total amount of deductions not included in the reconciliation reserves.
R0280/C0020Total deductions — tier 1 unrestrictedThis is the amount of deductions from tier 1 unrestricted not included in the reconciliation reserves.
R0280/C0030Total deductions — tier 1 restrictedThis is the amount of deductions from tier 1 restricted not included in the reconciliation reserves.
R0280/C0040Total deductions — tier 2This is the amount of deductions from tier 2 not included in the reconciliation reserves.
R0280/C0050Total deductions — tier 3This is the amount of deductions from tier 3 not included in the reconciliation reserves.
R0290/C0010Total basic own funds after deductions — totalThis is the total amount of basic own fund items after deductions.
R0290/C0020Total basic own funds after deductions — tier 1 unrestrictedThis is the amount of basic own fund items after deductions that meet the criteria for Tier 1 unrestricted items.
R0290/C0030Total basic own funds after deductions — tier 1 restrictedThis is the amount of basic own fund items after adjustments that meet the criteria for Tier 1 restricted items.
R0290/C0040Total basic own funds after deductions — tier 2This is the amount of basic own fund items after adjustments that meet the criteria for Tier 2.
R0290/C0050Total basic own funds after deductions — tier 3This is the amount of basic own fund items after adjustments that meet the criteria for Tier 3.
R0300/C0010Unpaid and uncalled ordinary share capital callable on demand — totalThis 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/C0040Unpaid and uncalled ordinary share capital callable on demand — tier 2This 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/C0010Unpaid and uncalled initial funds, members' contributions or the equivalent basic own fund item for mutual and mutual — type undertakings, callable on demand–totalThis 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/C0040Unpaid and uncalled initial funds, members' contributions or the equivalent basic own fund item for mutual and mutual–type undertakings, callable on demand — tier 2This 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/C0010Unpaid and uncalled preference shares callable on demand — totalThis is the total amount of preference shares that have not been called up or paid up but that are callable on demand.
R0320/C0040Unpaid and uncalled preference shares callable on demand — tier 2This 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/C0050Unpaid and uncalled preference shares callable on demand — tier 3This 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/C0010A legally binding commitment to subscribe and pay for subordinated liabilities on demand — totalThis is the total amount of legally binding commitments to subscribe and pay for subordinated liabilities on demand.
R0330/C0040A legally binding commitment to subscribe and pay for subordinated liabilities on demand — tier 2This is the amount of legally binding commitments to subscribe and pay for subordinated liabilities on demand that meet the criteria for Tier 2.
R0330/C0050A legally binding commitment to subscribe and pay for subordinated liabilities on demand — tier 3This is the amount of legally binding commitments to subscribe and pay for subordinated liabilities on demand that meet the criteria for Tier 3.
R0340/C0010Letters of credit and guarantees under Article 96(2) of the Directive 2009/138/EC– totalThis 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/C0040Letters of credit and guarantees under Article 96(2) of the Directive 2009/138/EC– tier 2This 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/C0010Letters of credit and guarantees other than under Article 96(2) of the Directive 2009/138/EC– totalThis 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/C0040Letters of credit and guarantees other than under Article 96(2) of the Directive 2009/138/EC — tier 2This 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/C0050Letters of credit and guarantees other than under Article 96(2) of the Directive 2009/138/EC– tier 3This 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/C0010Supplementary members calls under first subparagraph of Article 96(3) of the Directive 2009/138/EC– totalThis 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/C0040Supplementary members calls under first subparagraph of Article 96(3) of the Directive 2009/138/EC — tier 2This 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/C0010Supplementary members calls — other than under first subparagraph of Article 96(3) of the Directive 2009/138/ECThis 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(3) of the Directive 2009/138/EC.
R0370/C0040Supplementary members calls — other than under first subparagraph of Article 96(3) of the Directive 2009/138/EC — tier 2This 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(3) of the Directive 2009/138/EC that meet the criteria for Tier 2.
R0370/C0050Supplementary members calls — other than under first subparagraph of Article 96(3) of the Directive 2009/138/EC — tier 3This 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(3) of the Framework Directive 2009/138/EC that meet the criteria for Tier 3.
R0380/C0010Non available ancillary own funds at group level — totalThis is the total amount of ancillary own funds which are deemed non–available as defined in Article 222(2)–(5) of the Directive 2009/138/EC.
R0380/C0040Non available ancillary own funds at group level — tier 2This is the amount of ancillary own funds which are deemed non–available as defined in Article 222(2)–(5) of the Directive 2009/138/EC that meet the criteria for Tier 2.
R0380/C0050Non available ancillary own funds at group level — tier 3This is the amount of ancillary own funds which are deemed non–available as defined in Article 222(2)–(5) of the Directive 2009/138/EC that meet the criteria for Tier 3.
R0390/C0010Other ancillary own funds — totalThis is the total amount of other ancillary own funds.
R0390/C0040Other ancillary own funds — tier 2This is the amount of other ancillary own funds that meet criteria for Tier 2.
R0390/C0050Other ancillary own funds — tier 3This is the amount of other ancillary own funds that meet criteria for Tier 3.
R0400/C0010Total ancillary own fundsThis is the total amount of ancillary own fund items.
R0400/C0040Total ancillary own funds tier 2This is the amount of ancillary own fund items that meet the criteria for Tier 2.
R0400/C0050Total ancillary own funds — tier 3This is the amount of ancillary own fund items that meet the criteria for Tier 3.
R0410/C0010Credit institutions, investment firms, financial institutions, alternative investment fund managers, UCITS management companies — totalTotal 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 article 228, paragraph 2 of the Directive 2009/138/EC.
R0410/C0020Credit institutions, investment firms, financial institutions, alternative investment fund managers, UCITS management companies — Tier 1 unrestrictedOwn 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 article 228, paragraph 2 of the Directive 2009/138/EC.
R0410/C0030Credit institutions, investment firms, financial institutions, alternative investment fund managers, UCITS management companies — Tier 1 restrictedOwn 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.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 article 228, paragraph 2 of the Directive 2009/138/EC.
R0410/C0040Credit institutions, investment firms, financial institutions, alternative investment fund managers, UCITS management companies — Tier 2Own funds in credit institutions, investment firms, financial institutions, alternative investment fund managers, UCITS management companies 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 article 228, paragraph 2 of the Directive 2009/138/EC.
R0420/C0010Institutions for occupational retirement provision — totalTotal 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 article 228, paragraph 2 of the Directive 2009/138/EC.
R0420/C0020Institutions for occupational retirement provision –tier 1 unrestrictedOwn 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 and deducted of own funds according to article 228, paragraph 2 of the Directive 2009/138/EC
R0420/C0030Institutions for occupational retirement provision –tier 1 restrictedOwn 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 and deducted of own funds according to Article 228, paragraph 2 of the Directive 2009/138/EC
R0420/C0040Institutions for occupational retirement provision –tier 2Own 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 and deducted of own funds according to article 228, paragraph 2 of the Directive 2009/138/EC
R0420/C0050Institutions for occupational retirement provision –tier 3Own 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 and deducted of own funds according to article 228, paragraph 2 of the Directive 2009/138/EC
R0430/C0010Non–regulated entities carrying out financial activities — totalTotal of own funds in non–regulated entities 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 article 228, paragraph 2 of the Directive 2009/138/EC.
R0430/C0020Non–regulated entities carrying out financial activities — tier 1 unrestrictedOwn funds in non–regulated entities 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 Article 228, paragraph 2 of the Directive 2009/138/EC.
R0430/C0030Non–regulated entities carrying out financial activities — tier 1 restrictedOwn funds in non–regulated entities 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 article 228, paragraph 2 of the Directive 2009/138/EC.
R0430/C0040Non–regulated entities carrying out financial activities — tier 2Own funds in non–regulated entities 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 article 228, paragraph 2 of the Directive 2009/138/EC.
R0440/C0010Total own funds of other financial sectorsTotal of own funds in other financial sectors.The total own funds deducted in cell R0240/C0010 are brought back here but net of IGTs and after the adjustment for non– available own funds according to the relevant sectoral rules and after the deduction according to Article 228, paragraph 2 of the Directive 2009/138/EC.
R0440/C0020Total own funds of other financial sectors — tier 1 unrestrictedTotal of own funds in other financial sectors –tier 1 unrestricted.The total own funds deducted in cell R0230/C0010 are brought back here after the adjustment for non– available own funds according to the relevant sectoral rules and after the deduction according to Article 228, paragraph 2 of the Directive 2009/138/EC.
R0440/C0030Total own funds of other financial sectors — tier 1 restrictedTotal of own funds in other financial sectors –tier 1 restricted.The total own funds deducted in cell R0230/C0010 are brought back here after the adjustment for non– available own funds according to the relevant sectoral rules and after the deduction according to Article 228, paragraph 2 of the Directive 2009/138/EC.
R0440/C0040Total own funds of other financial sectors — tier 2Total of own funds in other financial sectors –tier 2.The total own funds deducted in cell R0230/C0010 are brought back here after the adjustment for non– available own funds according to the relevant sectoral rules and after the deduction according to Article 228, paragraph 2 of the Directive 2009/138/EC.
R0440/C0050Total own funds of other financial sectors — tier 3Total of own funds in other financial sectors — tier 3.The total own funds deducted in cell R0230/C0010 are brought back here after the adjustment for non– available own funds according to the relevant sectoral rules and after the deduction according to Article 228, paragraph 2 of the Directive 2009/138/EC.
R0450/C0010Own funds aggregated when using the D&A and combination of method — TotalThese 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 ("D&A") or a combination of methods, after the deduction non–available own funds at group level.
R0450/C0020Own funds aggregated when using the D&A and combination of method — Tier 1 unrestrictedThese 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 or a combination of methods, classified as Tier 1 unrestricted, after the deduction of non–available own funds at group level.
R0450/C0030Own funds aggregated when using the D&A and combination of method — Tier 1 restrictedThese 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 or a combination of methods, classified as Tier restricted, after the deduction of non available own funds at group level.
R0450/C0040Own funds aggregated when using the D&A and combination of method — Tier 2These 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 or a combination of methods, classified as Tier 2, after the deduction of non available own funds at group level.
R0450/C0050Own funds aggregated when using the D&A and combination of method — Tier 3These 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 or a combination of methods, classified as Tier 3, after the deduction of non available own funds at group level.
R0460/C0010Own funds aggregated when using the D&A and combination of method net of IGT — TotalThese are the total eligible own funds after the elimination of intra–group transactions ("ITG") 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/C0020Own funds aggregated when using the D&A and combination of method net of IGT — Tier 1 unrestrictedThese 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/C0030Own funds aggregated when using the D&A and combination of method net of IGT — Tier 1 restrictedThese 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/C0040Own funds aggregated when using the D&A and combination of method net of IGT — Tier 2These 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/C0050Own funds aggregated when using the D&A and combination of method net of IGT — Tier 3These 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/C0010Total available own funds to meet the consolidated group SCR (excluding the other financial sector and the undertakings included via D&A) — totalThis 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 group SCR but excluding the own funds from other financial sector and from the undertakings included via D&A.
R0520/C0020Total available own funds to meet the consolidated SCR (excluding the other financial sector and the undertakings included via D&A) — tier 1 unrestrictedThis is the total own funds of the group, comprising basic own funds after adjustments, that are available to meet the consolidated group SCR but excluding the own funds from other financial sector and from the undertakings included via D&A and that meet the criteria to be included in Tier 1 unrestricted items.
R0520/C0030Total available own funds to meet the consolidated group SCR (excluding the other financial sector and the undertakings included via D&A) — tier 1 restrictedThis is the total own funds of the group, comprising basic own funds after adjustments, that are available to meet the consolidated group SCR but excluding the own funds from other financial sector and from the undertakings included via D&A and that meet the criteria to be included in Tier 1 restricted items.
R0520/C0040Total available own funds to meet the consolidated group SCR (excluding the other financial sector and the undertakings included via D&A) — tier 2This 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 group SCR but excluding the own funds from other financial sector and from the undertakings included via D&A and that meet the criteria to be included in Tier 2.
R0520/C0050Total available own funds to meet the consolidated group SCR (excluding the other financial sector and the undertakings included via D&A) — tier 3This 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 group SCR but excluding the own funds from other financial sector and from the undertakings included via D&A and that meet the criteria to be included in Tier 3.
R0530/C0010Total available own funds to meet the minimum consolidated group SCR –totalThis 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
R0530/C0020Total available own funds to meet the minimum consolidated group SCR– tier 1 unrestrictedThis 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/C0030Total available own funds to meet the minimum consolidated group SCR — tier 1 restrictedThis 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/C0040Total available own funds to meet the minimum consolidated group SCR (group) — tier 2This 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/C0010Total eligible own funds to meet the consolidated group SCR (excluding own funds from other financial sector and from the undertakings included via D&A) — totalThis is the total group own funds which are eligible to cover the consolidated group SCR (excluding own funds from other financial sector and from the undertakings included via D&A ) under the limitsFor the purpose of the eligibility of those own fund items the consolidated group SCR should not include the capital requirements from other financial sectors (Article 336 (c) of the Delegated Regulation (EU) 2015/35) consistently.
R0560/C0020Total eligible own funds to meet the consolidated group SCR (excluding own funds from other financial sector and from the undertakings included via D&A) — tier 1 unrestrictedThis is the group own funds which are eligible under the limits set out to meet the consolidated group SCR (excluding own funds from other financial sector and from the undertakings included via D&A), that meet the criteria for Tier 1 unrestricted items.
R0560/C0030Total eligible own funds to meet the consolidated group SCR (excluding own funds from other financial sector and from the undertakings included via D&A) — tier 1 restrictedThis is the own funds which are eligible under the limits set out to meet the consolidated group SCR (excluding own funds from other financial sector and from the undertakings included via D&A), that meet the criteria for Tier 1 restricted items.
R0560/C0040Total eligible own funds to meet the consolidated group SCR (excluding own funds from other financial sector and from the undertakings included via D&A) — tier 2This is the own funds which are eligible under the limits set out to meet the consolidated group SCR (excluding own funds from other financial sector and from the undertakings included via D&A), that meet the criteria for Tier 2.
R0560/C0050Total eligible own funds to meet the consolidated group SCR (excluding own funds from other financial sector and from the undertakings included via D&A ) — tier 3This is the own funds which are eligible under the limits set out to meet the consolidated group SCR (excluding own funds from other financial sector and from the undertakings included via D&A), that meet the criteria for Tier 3.
R0570/C0010Total eligible own funds to meet the minimum consolidated group SCR — totalThis is the total eligible available own funds to meet the minimum consolidated group SCR.
R0570/C0020Total eligible own funds to meet the minimum consolidated group SCR — tier 1 unrestrictedThis is the eligible own funds of the group, that are available to meet the minimum consolidated group SCR that meet the criteria to be included in Tier 1 unrestricted items.
R0570/C0030Total eligible own funds to meet the minimum consolidated group SCR — tier 1 restrictedThis is the eligible own funds of the group, that are available to meet the minimum consolidated group SCR that meet the criteria to be included in Tier 1 restricted items.
R0570/C0040Total eligible own funds to meet the minimum consolidated group SCR — tier 2This is the own funds of the group, that are available to meet the minimum consolidated group SCR that meet the criteria to be included in Tier 2
R0610/C0010Minimum consolidated Group SCRMinimum 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/C0010Ratio of Eligible own funds to Minimum Consolidated Group SCRThis 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/C0010Total eligible own funds to meet the 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, to meet the total group SCR.
R0660/C0020Total eligible own funds to meet the group SCR (including own funds from other financial sector and from undertakings included via D&A) — tier 1 unrestrictedThis 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 unrestricted
R0660/C0030Total eligible own funds to meet the group SCR (including own funds from other financial sector and from undertakings included via D&A) — tier 1 restrictedThis 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/C0040Total eligible own funds to meet the group SCR (including own funds from other financial sector and from undertakings included via D&A) — tier 2This 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 2
R0660/C0050Total eligible own funds to meet the group SCR (including own funds from other financial sector and from undertakings included via D&A) — tier 3This 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/C0010Group SCRThe group SCR is the sum of the consolidated group SCR calculated in accordance with Article 336 (a), (b), (c) and (d) of Delegated Regulation (EU) 2015/35 and the SCR for entities included with D&A.
R0690/C0010Ratio of Eligible own funds to the group SCR including other financial sectors and D&A undertakingsThis is solvency ratio calculated as the total of eligible own funds to meet the group SCR divided by the group SCR, including other financial sectors and D&A undertakings
R0700/C0060Excess of assets over liabilitiesThis is the excess of assets over liabilities as disclosed in the Solvency 2 balance sheet.
R0710/C0060Own 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/C0060Foreseeable dividends, distributions and chargesThese are the dividends, distributions and charges foreseeable by the group.
R0730/C0060Other basic own fund itemsThese are the basic own fund items included in points (a)(i) to (v) of Article 69, Article 72(a) and Article 76(a), as well as those basic own fund items approved by the supervisory authority in accordance with Article 79 of the Delegated Regulation (EU) 2015/35.
R0740/C0060Adjustment for restricted own fund items in respect of matching adjustment portfolios and ring fenced fundsThis 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/C0060Other non available own fundsThese are other non available own funds of related undertakings according to art 335 (1)(d) and (f) of Delegated Regulation (EU) 2015/35.
R0760/C0060Reconciliation reserve — totalThis is the reconciliation reserve of the group, before deductions for participations.
R0770/C0060Expected profits included in future premiums (EPIFP) — Life businessThe 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/C0060Expected profits included in future premiums (EPIFP) — Non– life businessThe 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/C00160Total 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 FormulaGeneral comments:This section relates to 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.
Calculation of Solvency Capital RequirementOther information on SCRInformation on other entitiesOverall SCR
ITEMINSTRUCTIONS
R0010–R0050/ C0110Gross solvency capital requirementAmount 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 according to Article 205 of Delegated Regulation (EU) 2015/35.This amount shall fully consider diversification effects according to 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/C0110Gross solvency capital requirement DiversificationAmount of the diversification effects between Basic SCR of gross risk modules due to the application of the correlation matrix defined in Annex IV of Directive 2009/138/EC.
R0070/C0110Gross solvency capital requirement Intangible assets riskThe future discretionary benefits according to Article 205 of the Delegated Regulation (EU) 2015/35 for intangible assets risk is zero under standard formula.
R0100/C0110Gross solvency capital requirement — Basic Solvency Capital RequirementAmount of the basic capital requirements, before the consideration of future discretionary benefits according to Article 205 of Delegated Regulation (EU) 2015/35, as calculated using the standard formula.This amount shall fully consider diversification effects according to 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/C0090USP — Life underwriting riskIdentifies 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 benefitsNone
R0040/C0090USP — Health underwriting riskIdentifies 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 benefitsStandard deviation for NSLT health premium risk referred to in Title I Chapter V Section 12 of Delegated Regulation (EU) 2015/35Standard deviation for NSLT health gross premium risk referred to in Title I Chapter V Section 12 of Delegated Regulation (EU) 2015/35Adjustment factor for non–proportional reinsuranceStandard deviation for NSLT health reserve risk referred to in Title I Chapter V Section 12 of Delegated Regulation (EU) 2015/35NoneIf more than one specific parameter is used, report them separated by comas.
R0050/C0090USP — Non life underwriting riskIdentifies 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 riskStandard deviation for non–life gross premium riskAdjustment factor for non–proportional reinsuranceStandard deviation for non–life reserve riskNone
R0010, R0030, R0040, R0050/C0120SimplificationsIdentifies 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.
R0130/C0100Operational riskAmount of the capital requirements for operational risk module as calculated using the standard formula.
R0140/C0100Loss–absorbing capacity of technical provisionsAmount of the adjustment for loss–absorbing capacity of technical provisions calculated according to the standard formula. This amount should be disclosed as a negative value.
R0150/C0100Loss–absorbing capacity of deferred taxesAmount of the adjustment for loss–absorbing capacity of deferred taxes calculated according to the standard formula.This amount should be disclosed as a negative value.
R0160/C0100Capital requirement for business operated in accordance with Art. 4 of Directive 2003/41/ECAmount of the capital requirement, calculated according 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/C0100Solvency capital requirement excluding capital add–onAmount of the total diversified SCR before any capital add–on.
R0210/C0100Capital add–on already setAmount 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 according to 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.
R0220/C0100Solvency capital requirementOverall capital requirement including capital add–onsAmount 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 requirements and capital requirement for residual undertakings.
R0400/C0100Capital requirement for duration–based equity risk sub–moduleAmount of the capital requirement for duration–based equity risk sub–module.
R0410/C0100Total amount of notional Solvency Capital Requirements for remaining partAmount of the notional SCRs of remaining part when undertaking has RFF.
R0420/C0100Total amount of notional Solvency Capital Requirements for ring–fenced fundsAmount 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/C0100Total amount of Notional Solvency Capital Requirements for matching adjustment portfoliosAmount of the sum of notional SCRs of all matching adjustment portfolios.
R0440/C0100Diversification effects due to RFF nSCR aggregation for article 304Amount 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/C0100Minimum consolidated group solvency capital requirementAmount 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/C0100Capital 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/C0100Capital requirement for other financial sectors (Non–insurance capital requirements) — Credit institutions, investment firms and financial institutions, alternative investment funds managers, UCITS management companiesAmount 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/C0100Capital requirement for other financial sectors (Non–insurance capital requirements) — Institutions for occupational retirement provisionsAmount 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/C0100Capital requirement for other financial sectors (Non–insurance capital requirements) — Capital requirement for non–regulated entities carrying out financial activitiesAmount of capital requirement for non–regulated entities 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 entities carrying out financial activities.
R0540/C0100Capital requirement for non–controlled participation requirementsAmount 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/C0100Capital requirement for residual undertakingsAmount determined in accordance with Article 336 (1) (d) of Delegated Regulation (EU) 2015/35.
R0560/C0100SCR for undertakings included via D and AAmount 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/C0100Solvency capital requirementOverall SCR for all undertakings regardless of the method used.The total solvency capital requirement is expected to be equal to the sum of R0220 and R0560.
S.25.02. — Solvency Capital Requirement — for groups using the standard formula and partial internal modelGeneral comments:This section relates to annual disclosure of information for groups.The components to be disclosed shall be agreed between national supervisory authorities and insurance and reinsurance undertakings.For group reporting the following specific requirements shall be met:(c)The information until R0460 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 Solvency II Directive;(d)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.
Other information on SCR
ITEMINSTRUCTIONS
C0010Unique number of componentUnique number of each component agreed with their national supervisory authority to identify uniquely components from their model. This number shall always be used with the appropriate component description disclosed in each item. Where the partial internal model allow the same split by risk module as the one in the standard formula, the following numbers of components shall be used:1 — Market risk2 — Counterparty default risk3 — Life underwriting risk4 — Health underwriting risk5 — Non–life underwriting risk6 — Intangible asset risk7 — Operational risk8 — Loss absorbing capacity ("LAC") of Technical Provisions (negative amount)9 — LAC Deferred Taxes (negative amount)Where standard formula risk modules cannot be disclosed, group shall attribute a number to each component different from 1 to 7.This number shall always be used with the appropriate component description disclosed in each item C0020. The numbers of the components shall be kept consistent over time.
C0020Components descriptionIdentification, using free text, of each of the components that can be identified by the group. These components shall be aligned with standard formula risk modules if possible according to the partial internal model. Each component shall be identified using a separate entry. Undertakings shall identify and report components consistently across different reporting periods, unless there has been some change to the internal model affecting the categories.Loss–absorbing capacity of technical provisions and/or deferred taxes not embedded within components shall be disclosed as separated components.
C0030Calculation of the Solvency Capital RequirementAmount 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 disclosed as a separate component it shall be the amount of the loss–absorbing capacity (these amounts shall be disclosed 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 areembedded in the calculation, but not those which are modelled as a separate component.This amount shall fully consider diversification effects according to 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.
C0060Consideration of the future management actions regarding technical provisions and/or deferred taxesTo identify if the future management actions relating to the loss absorbing capacity of technical provisions and/or deferred taxes are embedded in the calculation, the following closed list of options shall be used:1 — Future management actions regarding the loss–absorbing capacity of technical provisions embedded within the component2 — Future management actions regarding the loss–absorbing capacity of deferred taxes embedded within the component3 — Future management actions regarding the loss–absorbing capacity of technical provisions and deferred taxes embedded within the component4 — No embedded consideration of future management actions.
C0070Amount modelledFor each component this cell represents the amount calculated according to the partial internal model. Therefore, the amount calculated with the Standard Formula should be the difference between the amounts disclosed in C0040 and C0060.
C0090USPFor those components calculated according 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 benefitsNoneFor health underwriting risk:Increase in the amount of annuity benefitsStandard deviation for NSLT health premium riskStandard deviation for NSLT health gross premium riskAdjustment factor for non–proportional reinsuranceStandard deviation for NSLT health reserve riskNoneFor non–life underwriting risk:Standard deviation for non–life premium riskStandard deviation for non–life gross premium riskAdjustment factor for non–proportional reinsuranceStandard deviation for non–life reserve riskNoneIn any case, if more than one specific parameter is used, report them separated by comas.
C0120SimplificationsFor those components calculated according 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 identifiedIf simplified calculation methods for more than one risk sub–module have been used within one risk module, report them separated by comas.
R0110/C0100Total of undiversified componentsSum of all components.
R0060/C0100DiversificationThe 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 should be disclosed as negative value.
R0160/C0100Capital requirement for business operated in accordance with Art. 4 of Directive 2003/41/ECAmount of the capital requirement, calculated according 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/C0100Solvency capital requirement, excluding capital add–onsAmount of the total diversified SCR before any capital add–on.
R0210/C0100Capital add–ons already setAmount of capital add–ons 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 according to 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.
R0220/C0100Solvency capital requirementOverall 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 requirements and capital requirement for residual undertakings.
R0300/C0100Amount/Estimate of the overall loss–absorbing capacity of technical provisionsAmount/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/C0100Amount/Estimate of the loss absorbing capacity for deferred taxesAmount/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/C0100Capital requirement for duration–based equity risk sub–moduleAmount of the capital requirement for duration–based equity risk sub–module.
R0410/C0100Total amount of notional Solvency Capital Requirements for remaining partAmount of the notional SCRs of remaining part when the group has RFF.
R0420/C0100Total amount of Notional Solvency Capital Requirements for ring fenced fundsAmount 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/C0100Total amount of Notional Solvency Capital Requirements for matching adjustment portfoliosAmount of the sum of notional SCRs of all matching adjustment portfoliosThis item does not have to be disclosed when reporting SCR calculation at RFF or matching portfolio level.
R0440/C0100Diversification effects due to RFF nSCR aggregation for article 304Amount 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/C0100Minimum consolidated group solvency capital requirementAmount 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/C0100Capital 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/C0100Capital requirement for other financial sectors (Non–insurance capital requirements) — Credit institutions, investment firms and financial institutions, alternative investment funds managers, UCITS management companiesAmount 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/C0100Capital requirement for other financial sectors (Non–insurance capital requirements) — Institutions for occupational retirement provisionsAmount 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/C0100Capital requirement for other financial sectors (Non–insurance capital requirements) — Capital requirement for non–regulated entities carrying out financial activitiesAmount of capital requirement for non–regulated entities 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 entities carrying out financial activities.
R0540/C0100Capital requirement for non–controlled participation requirementsAmount 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/C0100Capital requirement for residual undertakingsAmount determined in accordance with Article 336 (1) (d) of Delegated Regulation (EU) 2015/35.
R0560/C0100SCR for undertakings included via D and AAmount 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/C0100Solvency capital requirementOverall SCR for all undertakings regardless of the method used.The total solvency capital requirement is expected to be equal to the sum of R0220 and R0560.
S.25.03. — Solvency Capital Requirement — for groups using full internal modelGeneral comments:This section relates to annual disclosure of information for groups.The components to be disclosed shall be agreed between national supervisory authorities and insurance and reinsurance undertakings.For group reporting the following specific requirements shall be met:(e)The information until R0460 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 Solvency II Directive;(f)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.
Other information on SCR
ITEMINSTRUCTIONS
C0010Unique number of componentUnique number of each component of the full internal model, agreed with their national supervisory authority to identify uniquely components from their model. This number shall always be used with the appropriate component description disclosed in each item C0020.The numbers of the components shall be kept consistent over time.
C0020Components descriptionIdentification, using free text, of each of the components that can be identified by the group within the full internal model. These components may not exactly align with the risks defined for the standard formula. Each component shall be identified using a separate entry. Groups shall identify and report components consistently across different reporting periods, unless there has been some change to internal model affecting the categories.Loss–absorbing capacity of technical provisions and/or deferred taxes modelled but not within components shall be disclosed as separated components.
C0030Calculation of the Solvency Capital RequirementAmount of the net capital charge for each component, after the adjustments for the future management actions relating to technical provision and/or deferred taxes when applicable, calculated by the full internal model on an undiversified basis, to the extent that these adjustments are modelled within components.Loss absorbing capacity of technical provisions and/or deferred taxes modelled but not within components shall be disclosed as negative values.
R0110/C0100Total of undiversified componentsSum of all components.
R0060/C0100DiversificationThe total amount of the diversification among components disclosed in C0030 calculated using the full internal model.This amount does not include diversification effects inside each component, which shall be embedded in the values disclosed in C0030.This amount should be disclosed as a negative value.
R0160/C0100Capital requirement for business operated in accordance with Art. 4 of Directive 2003/41/ECAmount of the capital requirement, calculated according 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 disclosed only during the transitional period.
R0200/C0100Solvency capital requirement, excluding capital add–onAmount of the total diversified SCR before any capital add–on.
R0210/C0100Capital add–ons already setAmount 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 according to 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.
R0220/C0100Solvency capital requirementAmount of total SCR calculated using full internal model.
R0300/C0100Amount/estimate of the overall loss–absorbing capacity of technical provisionsAmount/Estimate of the overall adjustment for loss–absorbing capacity of technical provisions, including the part embedded in each component and the part disclosed as a single component.
R0310/C0100Amount/estimate of the overall loss–absorbing capacity of deferred taxesAmount/Estimate of the overall adjustment for loss–absorbing capacity for deferred taxes, including the part embedded in each component and the part disclosed as a single component.
R0410/C0100Total amount of notional Solvency Capital Requirements for remaining partAmount of the notional SCRs of remaining part when the group has RFF.
R0420/C0100Total amount of Notional Solvency Capital Requirements for ring fenced fundsAmount 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/C0100Total amount of Notional Solvency Capital Requirements for matching adjustment portfoliosAmount of the sum of notional SCRs of all matching adjustment portfolios.
R0440/C0100Diversification effects due to RFF nSCR aggregation for article 304Amount of the adjustment for a diversification effect between ring fenced funds under Article 304 of Solvency II Directive and 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/C0100Minimum consolidated group solvency capital requirementAmount 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/C0100Capital 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.
R0510/C0100Capital requirement for other financial sectors (Non–insurance capital requirements) — Credit institutions, investment firms and financial institutions, alternative investment funds managers, UCITS management companiesAmount 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/C0100Capital requirement for other financial sectors (Non–insurance capital requirements) — Institutions for occupational retirement provisionsAmount 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/C0100Capital requirement for other financial sectors (Non–insurance capital requirements) — Capital requirement for non–regulated entities carrying out financial activitiesAmount of capital requirement for non–regulated entities 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 entities carrying out financial activities.
R0540/C0100Capital requirement for non–controlled participation requirementsAmount 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/C0100Capital requirement for residual undertakingsAmount determined in accordance with Article 336 (1) (d) of Delegated Regulation (EU) 2015/35.
S.32.01 — Undertakings in the scope of the groupGeneral comments:This section relates to 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 the 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, including the participating insurance and reinsurance undertakings, insurance holding companies, mixed financial holding companies or mixed activity insurance holding company.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.
Criteria of influenceInclusion in the scope of Group supervisionGroup solvency calculation
ITEMINSTRUCTIONS
C0010CountryIdentify 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
C0020Identification code of the undertakingIdentification code by this order of priority if existent:Legal Entity Identifier (LEI);Specific codeSpecific 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
C0030Type of code of the ID of the undertakingIdentification of the code used in item "Identification code of the undertaking":1 — LEI2 — Specific code
C0040Legal name of the undertakingLegal name of the undertaking
C0050Type of undertakingIdentify the type of undertaking giving information on the type of activity of the undertaking. This is applicable to both EEA and third–country undertakings. The following closed list of options shall be used:1 — Life insurance undertaking2 — Non life insurance undertaking3 — Reinsurance undertaking4 — Composite undertaking5 — Insurance holding company as defined in Article 212(1) (f) of Directive 2009/138/EC6 — Mixed–activity insurance holding company as defined in Article 212(1) (g) of Directive 2009/138/EC7 –Mixed financial holding company as defined in Article 212 (1)(h) of Directive 2009/138/EC8 — Credit institution, investment firm and financial institution9 — Institution for occupational retirement provision10 — Ancillary services undertaking as defined in Article 1 (53) of Delegated Regulation (EU) 2015/3511 — Non–regulated undertaking carrying out financial activities as defined in Article 1 (52) of Delegated Regulation (EU) 2015/3512 — Special purpose vehicle authorised in accordance with Article 211 of Directive 2009/138/EC13 — Special purpose vehicle other than special purpose vehicle authorised in accordance with article 211 of Directive 2009/138/EC14 — UCITS management companies as defined in Article 1 (54) of Delegated Regulation (EU) 2015/3515 — Alternative investment funds managers as defined in Article 1 (55) of Delegated Regulation (EU) 2015/3599 — Other
C0060Legal formIdentify 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.
C0070Category (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 — Mutual2 — Non–mutual
C0080Supervisory AuthorityName of the Supervisory Authority responsible for the supervision of the individual undertaking which category falls under categories 1 to 4, 8, 9 and 12 in the cell "Type of undertaking", where applicable.Please use the full name of the authority.
C0180% capital shareProportion of the subscribed capital that is held, directly or indirectly, by the participating undertaking in the 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 accountsPercentage 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 rightsProportion of voting rights that is held, directly or indirectly, by the participating undertaking in the undertakingThis cell is not applicable for the ultimate parent undertaking.
C0210Other criteriaOther 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.
C0220Level of influenceInfluence can be either dominant or significant, depending on former criteria mentioned; 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 — Dominant2 — Significant
C0230Proportional share used for the group solvency calculationProportional share is the proportion that will be used to calculate the group solvency.This cell is not applicable for the ultimate parent undertaking.
C0240Inclusion in the scope of group supervision — Yes/NoIndicate 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 scope2 — Not included in the scope (article 214 (a)3 — Not included in the scope (article 214 (b)4 — Not included in the scope (article 214 (c)
C0250Inclusion in the scope of group supervision — Date of decision if art.214 is appliedIdentify the ISO 8601 (yyyy–mm–dd) code of the date where the decision of exclusion has been taken.
C0260Method used and under method 1, treatment of the undertakingThe 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 consolidation2 — Method 1: Proportional consolidation3 — Method 1: Adjusted equity method4 — Method 1: Sectoral rules5 — Method 2: Solvency II6 — Method 2: Other sectoral Rules7 — Method 2: Local rules8 — Deduction of the participation in relation to Article 229 of Directive 2009/138/EC9 — No inclusion in the scope of group supervision as defined in article 214 Directive 2009/138/EC10 — Other method

Loading ...