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RSSFor S.26.13.01.11 the axis has changed from: IL: Internal line of business code - Internal line of business - Z0010 - IL; to: RV: Catastrophe risk scenario code - Catastrophe risk peril - Z0030 - RV Am I to understand correctly that (a) we no longer are requested to provide the information of table .11 per internal line of business and (b) instead the information is requested per catastrophe risk peril? Could you elaborate on said split per catastrophe risk peril? Eg. by providing an example.
I am writing to inquire about ESG scores for the insurance industry within the Euro area. I have encountered difficulties accessing sufficient data for my research through Eikon.
Could you please inform me if EIOPA holds ESG score data for Euro area insurance companies over the past 10 to 15 years, and whether it is possible to access this data for academic research purposes?
An insurance holding company provides a loan to a majority-owned insurance undertaking in the group. The group uses, in accordance with Article 328 of Commission Delegated Regulation (EU) 2015/35, method 2 to consolidate this insurance undertaking.
There are other insurance and financial undertakings in the group consolidated using method 1. The group therefore uses a combination of methods 1 and 2 for the calculation of the group solvency.
Annex I of COMMISSION DELEGATED REGULATION (EU) 2021/2139 of 4 June 2021 defines various insurance services related to climate-related perils. As per the regulation, the following insurance services (other than life insurance) are delineated: (a) Medical expense insurance; (b) Income protection insurance; (c) Workers' compensation insurance; (d) Motor vehicle liability insurance; (e) Other motor insurance;
Regarding the suggested ex-post adjustment in 6.5.3.3. EIOPA’s advice- 425 - 2), is it correct to calculate this additional unit MaxGrossExposure(peril, r, i) in the following way: 𝑀𝑎𝑥𝐺𝑟𝑜𝑠𝑠𝐸𝑥𝑝𝑜𝑠𝑢𝑟𝑒(𝑝𝑒𝑟𝑖𝑙,𝑟,𝑖)= 𝑄(𝑝𝑒𝑟𝑖𝑙,𝑟) × 𝑊(𝑝𝑒𝑟𝑖𝑙,𝑟,𝑖) × “Sum insured taking account of any deductibles and contractual limits based on the conditions in the underlying contracts(𝑝𝑒𝑟𝑖𝑙,𝑟,𝑖)” ?
What kind of accidents should be included in mass accident submodule? There are some risks covering specific type of accident, such as death in car accident. Basing on the document "Catastrophe Task Force Report on Standardised Scenarios for the Catastrophe Risk Module in the Standard Formula", where this risk is named "Arena Disaster" the goal of this risk is to include possible scenario where many people in one place are affected. Including specific type of accident would result in overestimated SCR, as cummulation of such incidents are much less probable than assumed in SCR 0,5%.
We have some trouble to identify the correct meaning of "Duration" in S.08.01. We have a doubt between : - Modified duration - Macaulay duration Can you please clarify what type of duration is required for "residual modified duration" please ? And possibly define it.
We would like to ask for clarification regarding the Taxonomy 2.8.0, in particular on the following templates for Quarterly Financial Stability reporting for Groups.1) S.14.04.11 - Liquidity risk for life business: You specified that S.14.04 is to be reported at Portfolio level considering the...
We asked were we should include LAC DT and LAC TP in QRT S25.05. In your reply you instructed that LAC DT and LAC TP should be included in C0010 (Solvency Capital Requirement). If we understand Annex II log file correctly, this would only be applicable in case that loss-absorbing capacity of technical provision and/or deferred taxes are embedded in the component calculation. In our case loss-absorbing capacity of technical provision and/or deferred taxes are not embedded in the component calculation. Annex II then suggest that they should be reported as a separate components.
Article 180(1) of the 2015/35 Solvency II Delegated Regulation provides an adjusted stress factor for covered bonds. Our inquiry is as follows: Does the definition of covered bonds, as referenced here, exclusively encompass covered bonds issued by a credit institution with its central office located within the EU?