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European Insurance and Occupational Pensions Authority

145

Q&A

Question ID: 145

Regulation Reference: Guidelines on submission of information to NCAs (Preparatory phase)

Article: 35

Template: S.33.01

Status: Final

Date of submission: 13 Mar 2015

Question

A follow-up question to Q&A N° 51 and 31 (n. 3).

Do we need to report in template S.33.01 Standard Formula data of insurance non-EEA undertakings, consolidated with Method 1?
If no, where we have to report them?

EIOPA answer

All non-EEA (re-)insurance undertakings should be reported in template S.33.01, regardless of the method used. This template is applicable 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 in the following way:
-    The first part of it (Cells C0060 to C0230)  collects the information on the individual requirements of EEA and non EEA insurance and reinsurance undertakings using Solvency II rules included only via D&A;
-    The second part of it (Cells C0240 to C0260) collects information on the local requirements of all non EEA insurance and reinsurance undertakings (both using Solvency II rules and not using Solvency II rules) regardless of the method used.