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    S.26.03 — Solvency Capital Requirements — Life underwriting risk Solo

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    S.26.03 — Solvency Capital Requirements — Life underwriting risk PDF · reporting-explanations/EIOPA_Solvency_II/2.8.0/EIOPA_S.26.03_solo.pdf
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    Converted from the official instructions so it can be searched and copied. The PDF above is the document of record.

    S.26.03 — Solvency Capital Requirements — Life underwriting risk

    General comments:

    This section relates to annual submission of information for individual entities, ring fenced– funds, matching adjustment portfolios and remaining part.

    Template SR.26.03.01 has to be filled in for each ring-fenced fund (RFF), each matching adjustment portfolio (MAP) and for the remaining part. However, where an RFF/MAP includes a MAP/RFF embedded, the fund should be treated as different funds. This template shall be reported for all sub-funds of a material RFF/MAP as identified in the second table of S.01.03.

    All values shall be reported net of reinsurance and other risk mitigating techniques.

    Amounts before and after shock shall be filled in with the amount of assets and liabilities sensitive to that shock. For the liabilities the assessment shall be done at the most granular level available between contract and homogeneous risk group. This means that if a contract/HRG is sensitive to a shock the amount of liabilities associated to that contract/HRG shall be reported as amount sensitive to that shock.

    ITEMINSTRUCTIONS
    Z0010Article 112Identifies whether the reported figures have been
    requested under Article 112(7), to provide an
    estimate of the SCR using standard formula.
    One of the options in the following closed list
    shall be used:
    1 — Article 112(7) reporting
    2 — Regular reporting
    Z0020Ring-fenced fund,
    matching adjustment
    portfolio or remaining
    part    		Identifies whether the reported figures are with
    regard to a RFF, matching adjustment portfolio
    or to the remaining part. One of the options in
    the following closed list shall be used:
    1 — RFF/MAP
    2 — Remaining part
    Z0030Fund/Portfolio numberWhen item Z0020 = 1, identification number for
    a ring-fenced fund or matching adjustment
    portfolio. This number is attributed by the
    undertaking and must be consistent over time
    and with the fund/portfolio number reported in
    other templates.
    R0010/C0010Simplifications used:
    mortality risk    		Identify whether an undertaking used
    simplifications for a calculation of mortality
    risk. The following options shall be used:
    1 — Simplifications used
    2 — Simplifications not used
    If R0010/C0010 = 1, only C0060 and C0080
    shall be filled in for R0100.
    R0020/C0010Simplifications used — longevityIdentify whether an undertaking used
    simplifications for the calculation of longevity
    risk. The following options shall be used:
    1 — Simplifications used
    2 — Simplifications not used
    If R0020/C0010 = 1, only C0060 and C0080
    shall be filled in for R0200.
    R0030/C0010Simplifications used:
    disability – morbidity
    risk —    		Identify whether an undertaking used
    simplifications
    for the calculation of disability
    — morbidity risk. The following options shall
    be used:
    1 — Simplifications used
    2 — Simplifications not used
    If R0030/C0010 = 1, only C0060 and C0080
    shall be filled in for R0300.
    R0040/C0010Simplifications used:
    lapse risk    		Identify whether an undertaking used
    simplifications for the calculation of lapse risk.
    The following options shall be used:
    1 – Simplification for the purposes of
    Article 95
    2 – Simplification for the purposes of
    Article 95a
    9 – Simplifications not used
    Options 1 and 2 may be used simultaneously.
    If R0040/C0010 = 1, only C0060 and C0080
    shall be filled in for R0400 to R0420.
    R0050/C0010Simplifications used:
    life expense risk —    		Identify whether an undertaking used
    simplifications for the calculation of life
    expense risk. The following options shall be
    used:
    1 — Simplifications used
    2 — Simplifications not used
    If R0050/C0010 = 1, only C0060 and C0080
    shall be filled in for R0500.
    R0060/C0010Simplifications used:
    life catastrophe risk    		Identify whether an undertaking used
    simplifications for the calculation of life
    catastrophe risk. The following options shall be
    used:
    1 — Simplifications used
    2 — Simplifications not used
    If R0060/C0010 = 1, only C0060 and C0080
    shall be filled in for R0700.
    Life underwriting risk
    R0100/C0020Initial absolute values
    before shock — Assets
    — Mortality risk    		This is the absolute value of the assets sensitive
    to mortality risk, before the shock.
    Recoverables from reinsurance and SPVs shall
    not be included in this cell.
    R0100/C0030Initial absolute values
    before shock — Liabilities — Mortality
    risk    		This is the absolute value of liabilities sensitive
    to mortality risk, before the shock.
    The amount of Technical Provisions shall be net
    R0100/C0040Absolute values after
    shock — Assets — Mortality risk    		of reinsurance and SPV recoverables.
    This is the absolute value of the assets sensitive
    to mortality risk after the shock (i.e. permanent
    increase in mortality rates).
    Recoverables from reinsurance and SPVs shall
    not be included in this cell.
    R0100/C0050Absolute values after
    shock — Liabilities
    (after the loss absorbing
    capacity of technical
    provisions) — Mortality
    risk    		This is the absolute value of the
    liabilities (after
    the loss absorbing capacity of technical
    provisions) sensitive to risk, after the shock (i.e.
    permanent increase in mortality rates).
    The amount of Technical Provisions shall be net
    of reinsurance and SPV recoverables.
    R0100/C0060Absolute value after
    shock — Net solvency
    capital requirement — Mortality risk    		This is the net capital charge for mortality risk
    after the shock (after adjustment for the loss
    absorbing capacity of technical provisions).
    If R0010/C0010=1, this item represents net
    capital charge for mortality risk calculated using
    simplifications.
    R0100/C0070Absolute values after
    shock — Liabilities
    (before the loss–    		This is the absolute value of the liabilities
    (before the loss absorbing capacity of technical
    absorbing capacity of
    technical provisions) — Mortality risk    		provisions) sensitive to mortality risk, after the
    shock (permanent increase in mortality rates).
    The amount of Technical Provisions shall be net
    of reinsurance and SPV recoverables.
    R0100/C0080Absolute value after
    shock — Gross
    solvency capital
    requirement — Mortality risk    		This is the gross capital charge for mortality
    risk. (before the loss absorbing capacity of
    technical provisions)
    If R0010/C0010=1, this item represents gross
    capital charge for mortality risk calculated using
    simplifications.
    R0200/C0020Initial absolute values
    before shock — Assets
    — Longevity risk    		This is the absolute value of the assets sensitive
    to longevity risk, before the shock.
    Recoverables from reinsurance and SPVs shall
    not be included in this cell.
    R0200/C0030Initial absolute values
    before shock — Liabilities — Longevity
    risk    		This is the absolute value of liabilities sensitive
    to longevity risk charge, before the shock.
    The amount of Technical Provisions shall be net
    of reinsurance and SPV recoverables.
    R0200/C0040Absolute values after
    shock — Assets — Longevity risk    		This is the absolute value of the assets sensitive
    to longevity risk, after the shock (i.e. permanent
    decrease in mortality rates).
    Recoverables from reinsurance and SPVs shall
    not be included in this cell.
    R0200/C0050Absolute values after
    shock — Liabilities
    (after the loss absorbing
    capacity of technical
    provisions) — Longevity risk    		This is the absolute value of the liabilities (after
    the loss absorbing capacity of technical
    provisions sensitive to longevity risk, after the
    shock (i.e. permanent decrease in mortality
    rates).
    The amount of Technical Provisions shall be net
    of reinsurance and SPV recoverables.
    R0200/C0060Absolute value after
    shock — Net solvency
    capital requirement — Longevity risk    		This is the net capital charge for longevity risk
    after the shock (after adjustment
    for the loss
    absorbing capacity of technical provisions).
    If R0020/C0010=1, this item represents net
    capital charge for longevity risk calculated using
    simplifications
    R0200/C0070Absolute values after
    shock — Liabilities    		This is the absolute value of the liabilities
    (before the loss absorbing capacity of technical
    (before the loss – absorbing capacity of
    technical provisions) – Longevity risk    		provisions) sensitive to longevity risk charge,
    after the shock (permanent decrease in mortality
    rates.
    The amount of Technical Provisions shall be net
    of reinsurance and SPV recoverables.
    R0200/C0080Absolute value after
    shock — Gross
    solvency capital
    requirement — Longevity risk    		This is the gross capital charge for longevity risk
    (before the loss absorbing capacity of technical
    provisions).
    If R0020/C0010=1, this item represents gross
    capital charge for longevity risk calculated using
    simplifications.
    R0300/C0020Initial absolute values
    before shock — Assets
    — Disability — morbidity risk    		This is the absolute value of
    the assets sensitive
    to disability — morbidity risk, before the shock.
    Recoverables from reinsurance and SPVs shall
    not be included in this cell.
    R0300/C0030Initial absolute values
    before shock — Liabilities — Disability – morbidity
    risk    		This is the absolute value of liabilities sensitive
    to disability — morbidity risk, before the shock.
    The amount of Technical Provisions shall be net
    of reinsurance and SPV recoverables.
    R0300/C0040Absolute values after
    shock — Assets — Disability — morbidity
    risk    		This is the absolute value of the assets sensitive
    to disability — morbidity risk, after the shock
    (i.e. as prescribed by standard formula: an
    increase in disability and morbidity rates which
    are used in calculation of technical provisions to
    reflect the disability and morbidity experience in
    the next following 12 months, and for all months
    after the following 12 months and a decrease in
    the disability and morbidity rates recovery rates
    used in the calculation of technical provisions in
    respect of next 12 months and for all year
    thereafter.
    Recoverables from reinsurance and SPVs shall
    not be included in this cell.
    R0300/C0050Absolute values after
    shock — Liabilities
    (after the loss absorbing
    capacity of technical
    provisions) — Disability — morbidity
    risk    		This is the absolute value of liabilities (after the
    loss absorbing capacity of technical provisions)
    sensitive to disability — morbidity risk, after the
    shock (i.e. as prescribed by standard formula,
    see description provided in definition to cell
    R0300/C0040).
    The amount of Technical Provisions shall be net
    of reinsurance and SPV recoverables.
    R0300/C0060Absolute value after
    shock — Net solvency
    capital requirement — Disability — morbidity
    risk    		This is the net capital charge for disability — morbidity risk, after adjustment for the loss
    absorbing capacity of technical provisions.
    If R0030/C0010=1, this item represents net
    capital charge for disability and morbidity risk
    calculated using simplifications.
    R0300/C0070Absolute values after
    shock — Liabilities
    (before the loss – absorbing capacity of
    technical provisions) — Disability — morbidity
    risk    		This is the absolute value of the liabilities
    (before the loss absorbing capacity of technical
    provisions) sensitive to disability — morbidity
    risk, after the shock (i.e. as prescribed by
    standard formula, see description provided in
    definition to cell R0300/C0040).
    The amount of Technical Provisions shall be net
    of reinsurance and SPV recoverables.
    R0300/C0080Absolute value after
    shock — Gross
    solvency capital
    requirement — Disability — morbidity
    risk    		This is the gross capital charge for disability — morbidity risk (before the loss absorbing
    capacity of technical provisions).
    If R0030/C0010=1, this item represents gross
    capital charge for disability and morbidity risk
    calculated using simplifications.
    R0400/C0060Absolute value after
    shock — Net solvency
    capital requirement — Lapse risk    		This is the overall net capital charge for lapse
    risk, after adjustment for the loss absorbing
    capacity of technical provisions.
    If R0040/C0010=1, this item represents net
    capital charge for
    lapse risk calculated using
    simplifications.
    R0400/C0080Absolute value after
    shock — Gross
    solvency capital
    requirement — Lapse
    risk    		This is the overall gross capital charge (before
    the loss-absorbing capacity of technical
    provisions) for lapse risk.
    If
    R0040/C0010=1, this item represents gross
    capital charge for lapse risk calculated using
    simplifications.
    R0410/C0020Initial absolute values
    before shock — Assets
    — Lapse risk – risk of
    increase in lapse rates    		This is the absolute value of the assets sensitive
    to the risk of an increase in lapse rates, before
    the shock.
    Recoverables from reinsurance and SPVs shall
    not be included in this cell.
    R0410/C0030Initial absolute values
    before shock — Liabilities — Lapse risk
    — risk of increase in
    lapse rates    		This is the absolute value of liabilities sensitive
    to the risk of an increase in lapse rates, before
    the shock.
    The amount of Technical Provisions shall be net
    of reinsurance and SPV recoverables.
    R0410/C0040Absolute values after
    shock — Assets — Lapse risk –risk of
    increase in lapse rates    		This is the absolute value of the assets sensitive
    to the risk of an increase in lapse rates, after the
    shock (i.e. permanent increase in the lapse
    rates).
    Recoverables from reinsurance and SPVs shall
    not be included in this cell.
    R0410/C0050Absolute values after
    shock — Liabilities
    (after the loss absorbing
    capacity of technical
    provisions) — Lapse
    risk — risk of increase
    in lapse rates    		This is the absolute value of liabilities (after the
    loss absorbing capacity of technical provisions)
    sensitive to the risk of an increase in lapse rates,
    after the shock (i.e. permanent increase in the
    lapse rates).
    The amount of Technical Provisions shall be net
    of reinsurance and SPV recoverables.
    R0410/C0060Absolute value after
    shock — Net solvency
    capital requirement — Lapse risk — risk of
    increase in lapse rates    		This is the net capital charge for the risk of a
    permanent increase in lapse rates, after
    adjustment for the loss absorbing capacity of
    technical provisions.
    If R0040/C0010=1, this item represents net
    capital charge for a permanent increase in lapse
    rates, calculated using simplified calculation for
    lapse rate.
    R0410/C0070Absolute values after
    shock — Liabilities
    (before the loss – absorbing capacity of
    technical provisions — Lapse risk — risk of
    increase in lapse rates)    		This is the absolute value of the liabilities
    (before the loss absorbing capacity of technical
    provisions) sensitive to the risk of a permanent
    increase in lapse rates, after the shock
    (permanent increase in lapse rates).
    The amount of Technical Provisions shall be net
    of reinsurance and SPV recoverables.
    R0410/C0080Absolute value after
    shock — Gross
    solvency capital
    requirement — Lapse
    risk — risk of increase
    lapse rates    		This is the gross capital charge (before the loss – absorbing capacity of technical provisions) for
    the risk of a permanent increase in lapse rates.
    If R0040/C0010=1, this item represents gross
    capital charge for a permanent increase in lapse
    rates, calculated using simplified calculation for
    lapse rate.
    R0420/C0020Initial absolute values
    before shock — Assets
    — Lapse risk — risk of
    decrease in lapse rates    		This is the absolute value of the assets sensitive
    to the risk of a permanent decrease
    in lapse
    rates, before the shock.
    Recoverables from reinsurance and SPVs shall
    not be included in this cell.
    R0420/C0030Initial absolute values
    before shock — Liabilities — Lapse risk
    — risk of decrease in
    lapse rates    		This is the absolute value of liabilities sensitive
    to the risk of a permanent decrease in lapse
    rates, before the shock.
    The amount of Technical Provisions shall be net
    of reinsurance and SPV recoverables.
    R0420/C0040Absolute values after
    shock — Assets — Lapse risk — risk of
    decrease in lapse rates    		This is the absolute value of the assets sensitive
    to the risk of a permanent decrease in lapse
    rates, after the shock
    (i.e. permanent decrease in
    the rates of lapse rates).
    Recoverables from reinsurance and SPVs shall
    not be included in this cell.
    R0420/C0050Absolute values after
    shock — Liabilities
    (after the loss absorbing
    capacity of technical
    provisions) — Lapse
    risk — risk of decrease
    in lapse rates    		This is the absolute value of the liabilities (after
    the loss absorbing capacity of technical
    provisions) sensitive to the risk of a permanent
    decrease in lapse rates, after the shock (i.e.
    permanent decrease of the rates of lapse rates).
    The amount of Technical Provisions shall be net
    of reinsurance and SPV recoverables.
    R0420/C0060Absolute value after
    shock — Net solvency
    capital requirement — Lapse risk — risk of
    decrease in lapse rates    		This is the net capital charge for the risk of a
    permanent decrease in lapse rates, after
    adjustment for the loss absorbing capacity of
    technical provisions.
    If R0040/C0010=1, this item represents net
    capital charge for a permanent decrease in lapse
    rates, calculated using simplified calculation for
    lapse rate.
    R0420/C0070Absolute values after
    shock — Liabilities
    (before the loss – absorbing capacity of
    technical provisions)–    		This is the absolute value of the liabilities
    (before the loss absorbing capacity of technical
    provisions) sensitive to the risk of a permanent
    decrease in lapse rates, after the shock
    (permanent decrease in lapse rates).
    Lapse risk — risk of
    decrease in lapse rates    		The amount of Technical Provisions shall be net
    of reinsurance and SPV recoverables.
    R0420/C0080Absolute value after
    shock — Gross
    solvency capital
    requirement — Lapse
    risk — risk of decrease
    in lapse rates    		This is the gross capital charge for the risk of a
    decrease in lapse rates as used to compute the
    risk (before the loss absorbing capacity of
    technical provisions).
    If R0040/C0010=1, this item represents gross
    capital charge for a permanent decrease in lapse
    rates, calculated using simplified calculation for
    lapse rate
    R0430/C0020Initial absolute values
    before shock — Assets
    — Lapse risk – mass
    lapse risk    		This is the absolute value of the assets sensitive
    to mass lapse risk, before the shock.
    Recoverables from reinsurance and SPVs shall
    not be included in this cell.
    R0430/C0030Initial absolute values
    before shock — Liabilities — Lapse risk
    –mass lapse risk    		This is the absolute value of liabilities sensitive
    to mass lapse risk, before the shock.
    The amount of Technical Provisions shall be net
    of reinsurance and SPV recoverables.
    R0430/C0040Absolute values after
    shock — Assets — Lapse risk — mass
    lapse risk    		This is the absolute value of the assets sensitive
    to mass lapse risk charge, after the shock.
    Recoverables from reinsurance and SPVs shall
    not be included in this cell.
    R0430/C0050Absolute values after
    shock — Liabilities
    (after the loss absorbing
    capacity of technical    		This is the absolute value of the liabilities (after
    the loss absorbing capacity of technical
    provisions) sensitive to mass lapse risk charge,
    after the shock.
    provisions) — Lapse
    risk — mass lapse risk    		The amount of Technical Provisions shall be net
    of reinsurance and SPV recoverables.
    R0430/C0060Absolute value after
    shock — Net solvency
    capital requirement — Lapse risk — mass
    lapse risk    		This is the net capital charge for mass lapse risk,
    after adjustment for the loss absorbing capacity
    of technical provisions.
    R0430/C0070Absolute values after
    shock — Liabilities
    (before the loss – absorbing capacity of
    technical provisions)–    		This is the absolute value of the liabilities
    sensitive to mass lapse risk charge, after the
    shock (before the loss absorbing capacity of
    technical provisions).
    Lapse risk — mass
    lapse risk    		The amount of Technical Provisions shall be net
    of reinsurance and SPV recoverables.
    R0430/C0080Absolute value after
    shock — Gross
    solvency capital
    requirement — Lapse
    risk — mass lapse risk    		This is the gross capital charge for mass lapse
    risk, after the shock (before the loss absorbing
    capacity of technical provisions).
    R0500/C0020Initial absolute values
    before shock — Assets
    — Life — expense risk    		This is the absolute value of the assets sensitive
    to life — expense risk, before the shock.
    Recoverables from reinsurance and SPVs shall
    not be included in this cell.
    R0500/C0030Initial absolute values
    before shock — Liabilities — Life — expense risk    		This is the absolute value of liabilities sensitive
    to life –expense risk, before the shock.
    The amount
    of Technical Provisions shall be net
    of reinsurance and SPV recoverables.
    R0500/C0040Absolute values after
    shock — Assets — Life
    — expense risk    		This is the absolute value of the assets sensitive
    to life expense risk, after the shock (i.e. shock as
    prescribed by standard formula: a 10 % increase
    the amount of expenses taken into account in the
    calculation of technical provisions and increase
    in 1 percentage point to the expense inflation
    rate (expressed as a percentage) used for the
    calculation of technical provision).
    Recoverables from reinsurance and SPVs shall
    not be included in this cell.
    R0500/C0050Absolute values after
    shock — Liabilities
    (after the
    loss absorbing
    capacity of technical
    provisions) — Life — expense risk    		This is the absolute value of liabilities (after the
    loss absorbing capacity of technical provisions)
    sensitive to expense risk, after the shock (i.e. a
    shock. as prescribed by standard formula, refer
    to description provided within definition to cell
    R0500/C0040).
    The amount of Technical Provisions shall be net
    of reinsurance and SPV recoverables.
    R0500/C0060Absolute value after
    shock — Net solvency
    capital requirement — Life expense risk    		This is the net capital charge for expense risk,
    including adjustment for the loss absorbing
    capacity of technical provisions.
    If R0050=1, this cell represents net capital
    charge for life expense risk calculated using
    simplified calculation.
    R0500/C0070Absolute values after
    shock — Liabilities
    (before the loss – absorbing capacity of
    technical provisions) — Life — expense risk    		This is the absolute value of the liabilities
    (before the loss absorbing capacity of technical
    provisions) sensitive to expense
    risk, after the
    shock (i.e. shock as prescribed by standard
    formula, refer to description provided within
    definition to cell R0500/C0040).
    The amount of Technical Provisions shall be net
    of reinsurance and SPV recoverables.
    R0500/C0080Absolute value after
    shock — Gross
    solvency capital
    requirement — Life – expense risk    		This is the gross capital charge for expense risk
    (before the loss absorbing capacity of technical
    provisions).
    If R0050/C0010=1, this cell represents gross
    capital charge for life expense risk calculated
    using simplified calculations.
    R0600/C0020Initial absolute values
    before shock — Assets    		This is the absolute value of the assets sensitive
    to revision risk, before the shock.
    — Revision riskRecoverables from reinsurance and SPVs shall
    not be included in this cell.
    R0600/C0030Initial absolute values
    before shock — Liabilities — Revision
    risk    		This is the absolute value of liabilities sensitive
    to revision risk, before the shock.
    The amount of Technical Provisions shall be net
    of reinsurance and SPV recoverables.
    R0600/C0040Absolute values after
    shock — Assets — Revision risk    		This is the absolute value of the assets sensitive
    to revision risk, after the shock (i.e. shock as
    prescribed by standard formula: a % increase in
    the amount of annuity benefits taken into
    account in the calculation of technical
    provisions.
    Recoverables from reinsurance and SPVs shall
    not be included in this cell.
    R0600/C0050Absolute values after
    shock — Liabilities
    (after the loss absorbing
    capacity of technical
    provisions) — Revision
    risk    		This is the absolute value of liabilities (after the
    loss absorbing capacity of technical provisions)
    sensitive to revision risk charge, after the shock
    (i.e. as prescribed by standard formula, refer to a
    definition in item R0600/C0040).
    The amount of Technical Provisions shall be net
    of reinsurance and SPV recoverables.
    R0600/C0060Absolute value after
    shock — Net solvency
    capital requirement — Revision risk    		This is the net capital charge for revision risk
    after adjustment for the loss absorbing capacity
    of technical provisions.
    R0600/C0070Absolute values after
    shock — Liabilities
    (before the loss – absorbing capacity of
    technical provisions) — Revision risk    		This is the absolute value of the liabilities
    (excluding the loss-absorbing capacity of
    technical provisions) underlying revision risk
    charge, after the shock ((i.e. shock as prescribed
    by standard formula, refer to a definition
    provided in item R0600/C0040), as used to
    compute the risk.
    The amount of Technical Provisions shall be net
    of reinsurance and SPV recoverables.
    R0600/C0080Absolute value after
    shock — Gross
    solvency capital
    requirement — Revision
    risk    		This is the gross capital charge (before the loss – absorbing capacity of technical provisions) for
    revision risk.
    R0700/C0020Initial absolute values
    before shock — Assets
    — Life Catastrophe risk    		This is the absolute value of the assets sensitive
    to life catastrophe risk, before the shock.
    Recoverables from reinsurance and SPVs shall
    not be included in this cell.
    R0700/C0030Initial absolute values
    before shock — Liabilities — Life
    Catastrophe risk    		This is the absolute value of liabilities sensitive
    to life catastrophe risk, before the shock.
    The amount of Technical Provisions shall be net
    of reinsurance and SPV recoverables.
    R0700/C0040Absolute values after
    shock — Assets — Life
    Catastrophe
    risk    		This is the absolute value of the assets sensitive
    to life catastrophe risk, after the shock.
    Recoverables from reinsurance and SPVs shall
    not be included in this cell.
    R0700/C0050Absolute values after
    shock — Liabilities
    (after the loss absorbing
    capacity of technical
    provisions) — Life
    catastrophe risk    		This is the absolute value of liabilities (after the
    loss absorbing capacity of technical provisions)
    sensitive to life catastrophe risk charge, after the
    shock.
    The amount of Technical Provisions shall be net
    of reinsurance and SPV recoverables.
    R0700/C0060Absolute value after
    shock — Net solvency
    capital requirement — life catastrophe risk    		This is the net capital charge for life catastrophe
    risk after adjustment for the loss absorbing
    capacity of technical provisions.
    If R0060/C0010=1, this item represents net
    capital charge for life catastrophe risk calculated
    using simplified calculations.
    R0700/C0070Absolute values after
    shock — Liabilities
    (before the loss – absorbing capacity of
    technical provisions) — life catastrophe risk    		This is the absolute value of the liabilities
    (before the loss absorbing capacity of technical
    provisions) sensitive to life catastrophe risk,
    after the shock.
    The amount of Technical Provisions shall be net
    of reinsurance and SPV recoverables.
    R0700/C0080Absolute value after
    shock — Gross
    solvency capital
    requirement — life
    catastrophe risk    		This is the gross capital charge for life
    catastrophe risk (before the loss absorbing
    capacity of technical provisions).
    If R0060/C0010=1, this item represents gross
    capital charge for life catastrophe risk calculated
    using simplified calculations.
    R0800/C0060Diversification within
    life underwriting risk
    module — Net    		This is the diversification effect within the life
    underwriting risk module as a result of the
    aggregation of the net capital requirements (after
    adjustment for the loss absorbing capacity of
    technical provisions) of the single risk sub – modules.
    Diversification shall be reported as a negative
    value if they reduce the capital requirement.
    R0800/C0080Diversification
    within
    life underwriting risk
    module — Gross    		This is the diversification effect within the life
    underwriting risk module as a result of the
    aggregation of the gross capital requirements
    (before the loss absorbing capacity of technical
    provisions) of the single risk sub-modules.
    Diversification shall be reported as a negative
    value if they reduce the capital requirement.
    R0900/C0060Total net solvency
    capital requirement for
    life underwriting risk    		This is the total net capital charge for life
    underwriting risk, after adjustment for the loss
    absorbing capacity of technical provisions.
    R0900/C0080Total gross solvency
    capital requirement for
    life underwriting risk    		This is the total gross capital charge for life
    underwriting risk, before the loss absorbing
    capacity of technical provisions.
    Further details on revision risk
    R1000/C0090USP — Factors applied
    for the revision risk
    shock    		Revision shock — undertaking specific
    parameter (‘USP’) as calculated by the
    undertaking and approved by the supervisory
    authority.
    This item is not reported where no undertaking
    specific parameter is used.