Question ID: 3025
Regulation Reference: (EU) 2023/894 - ITS with regard to the templates for the submission of information necessary for supervision
Topic: Reporting Templates
Template: S.05.01
Status: Rejected
Date of submission: 06 Mar 2024
Question
In cell R1210 (Balance - other technical expenses/income), should we input net other income minus net other expenses? Please tell me if R1300 (Total expenses) equals the net technical expenses from local GAAP.
EIOPA answer
This Q&A has been rejected as the answers are directly derived from the log of S.05.01.
First question: In R1210 S.05.01 net technical expenses/income not covered in previous cells should be reported. This excludes changes in other technical provisions and non-technical income/expenses.
Second question: R1300 Should represent the total amount of technical expenses according to the local GAAP for local GAAP users.