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    S.22.05 — Overall calculation of the transitional on technical provisions Solo

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    S.22.05 — Overall calculation of the transitional on technical provisions PDF · reporting-explanations/EIOPA_Solvency_II/2.8.0/EIOPA_S.22.05_solo.pdf
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    S.22.05 — Overall calculation of the transitional on technical provisions

    General comments:

    This section relates to annual submission of information for individual entities.

    ITEMINSTRUCTIONS
    C0010/R0010Day 1 Solvency
    II technical
    provisions    		Amount of technical provisions, subject to transitional
    deduction to technical provisions, after deduction of the
    amounts recoverable from reinsurance contracts and
    special purpose vehicles, calculated in accordance with
    Article 76 of Directive 2009/138/EC at the first date of the
    application of the Directive 2009/138/EC. This calculation
    shall consider all insurance and reinsurance obligations
    existing at the first date of application of the Directive
    2009/138/EC.
    If a re-calculation was requested on the basis of Article
    308d(3) of the Directive 2009/138/EC this calculation
    shall consider only those insurance and reinsurance
    obligations subject to the transitional and that still exist at
    the recalculation reference date valued at the reporting
    date (Solvency II value reducing the contracts not existing
    anymore).
    C0010/R0020Technical
    provisions
    subject to
    transitional
    measure on
    technical
    provisions — TP calculated
    as a whole    		Amount of the technical provisions calculated as a whole,
    subject to transitional deduction to technical provisions,
    after deduction of the amounts recoverable from
    reinsurance contracts and special purpose vehicles,
    calculated in accordance with Article 76 of Directive
    2009/138/EC at the reporting date, before the application
    of the transitional.
    C0010/R0030Technical
    provisions
    subject to
    transitional
    measure on
    technical    		Amount of the best estimate, subject to transitional
    deduction to technical provisions, after deduction of the
    amounts recoverable from reinsurance contracts and
    special purpose vehicles, calculated in accordance with
    Article 76 of Directive 2009/138/EC at the reporting date,
    before the application of the transitional.
    provisions — Best estimateIf a re-calculation was requested on the basis of Article
    308d(3) of Directive 2009/138/EC this calculation shall
    consider only those insurance and reinsurance obligations
    subject to the transitional and that
    still exist at the
    recalculation reference date valued at the reporting date
    (Solvency II value minus contracts not existing anymore).
    C0010/R0040transitional
    measure on    		Amount of the Risk margin, subject to transitional
    deduction to technical provisions, after deduction of the
    technical
    provisions — Risk margin    		amounts recoverable from reinsurance contracts and
    special purpose vehicles, calculated in accordance with
    Article 76 of Directive 2009/138/EC at the reporting date,
    before the application of the transitional.
    If a re-calculation was requested on the
    basis of Article
    308d(3) of
    Directive 2009/138/EC this calculation shall
    consider only those insurance and reinsurance obligations
    subject to the transitional and that still exist at the
    recalculation reference date valued at the reporting date
    (Solvency II value minus contracts not existing anymore).
    C0010/R0050Technical
    provisions
    subject to
    transitional
    measure on
    technical
    provisions — Solvency I
    technical
    provisions    		Amount of technical provisions, subject to transitional
    deduction to technical provisions, after deduction of the
    amounts recoverable from reinsurance contracts
    calculated in accordance with the laws, regulations and
    administrative provisions which are adopted pursuant to
    Article 15 of Directive 73/239/EEC, Article 20 of
    Directive 2002/83/EC and Article 32 of Directive
    2005/68/EC on the day before those Directives are
    repealed pursuant to Article 310 of Directive
    2009/138/EC.
    If a re-calculation was requested on the basis of Article
    308d(3) of
    Directive 2009/138/EC this calculation shall
    consider only those insurance and reinsurance obligations
    existing at the recalculation reference date.
    C0010/R0060Technical
    provisions
    subject to
    transitional
    measure on    		Percentage (in decimals) of the portion of the difference
    adjusted.
    The maximum portion deductible shall decrease linearly
    at the end of each year from 1 during the year starting
    technical
    provisions — Portion of the
    difference
    adjusted    		from 1 January 2016 to 0 on
    1 January 2032.
    C0010/R0070Adjustment to
    technical
    provisions after
    any limitation
    applied in
    accordance
    with Article
    308d(4)    		Amount of the adjustment to the technical provisions after
    any limitation applied in accordance with
    Article 308d(4)
    of
    Directive 2009/138/EC, if applicable.
    If no limitation the amount calculated as R0060*(R0010-
    R0050) shall be reported.
    C0010/R0080Technical
    provision after
    transitional on    		Amount of technical provisions, subject to transitional
    deduction to technical provisions, after transitional
    deduction to technical provisions.

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