SolvencyTool logo
    Home / Acts & Regulations / Reporting explanations / S.27.01 — Solvency Capital Requirement — Non-life and health catastrophe risk (Group)

    S.27.01 — Solvency Capital Requirement — Non-life and health catastrophe risk Group

    View the Solo version of this template →

    EIOPA Taxonomy 2.8.0 Source PDF

    S.27.01 — Solvency Capital Requirement — Non-life and health catastrophe risk PDF · reporting-explanations/EIOPA_Solvency_II/2.8.0/EIOPA_S.27.01_group.pdf
    / —
    Loading document…

    Instruction text

    Converted from the official instructions so it can be searched and copied. The PDF above is the document of record.

    S.27.01 — Solvency Capital Requirement — Non-life and health catastrophe risk

    General comments:

    This section relates to the annual submission of information for groups, ring fenced-funds, matching adjustment portfolios and remaining part.

    Template S.27.01 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.

    Template SR.27.01 is only applicable in relation to RFF/MAP from undertakings consolidated according to Article 335, paragraph 1, (a), (b) and (c) of Delegated Regulation (EU) 2015/35, when method 1 (Accounting consolidation-based method) is used, either exclusively or in combination with method 2 (Deduction and aggregation method).

    This template is designed to allow an understanding of how the catastrophe risk module of the SCR has been calculated and what are the main drivers.

    For every type of catastrophe risk the risk mitigating effect of the undertaking’s specific reinsurance contracts and special purpose vehicles must be determined. This calculation is prospective and must be based on the reinsurance program of the next reporting year as described in the reinsurance templates for Facultative covers (S.30.01 and S.30.02 of Annex II) and Outgoing reinsurance program in the next reporting year (S.30.03 and S.30.04 of Annex II).

    Undertakings need to estimate their recoveries from risk mitigation in line with the Directive 2009/138/EC, Delegated Regulation (EU) 2015/35 and any relevant technical standard. Undertakings shall complete the catastrophe reporting template only to the granularity required to perform this calculation.

    Under the non-life and health underwriting risk modules, catastrophe risk is defined as the risk of loss, or of adverse change in the value of insurance liabilities, resulting from significant uncertainty of pricing and provisioning assumptions related to extreme or exceptional events as set out in Article 105(2)(b) and (4)(c) of Directive 2009/138/EC.

    The reported capital requirements reflects the capital requirements before and after risk mitigation which is the risk mitigating effect of the undertaking’s specific reinsurance contracts and special purpose vehicles. The reported capital requirement after risk mitigation is before the loss absorbing capacity of technical provisions. The default value of the risk mitigation shall be reported as a positive value in order to be deducted.

    In case the diversification effect reduces the capital requirement the default value of the diversification shall be reported as a negative value.

    For group reporting the following specific requirements shall be met:

    • d) This information is applicable when method 1 as defined in Article 230 of Directive 2009/138/EC is used, either exclusively or in combination with method 2 as defined in Article 233 of Directive 2009/138/EC;
    • e) When combination method is being used, this information is to be submitted only for the part of the group calculated with method 1 as defined in Article 230 of Directive 2009/138/EC, and;
    • f) This information does not apply to groups when method 2 as defined in Article 233 of Directive 2009/138/EC is being used exclusively.
    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
    number    		When item Z0020 = 1, identification number
    for a ring fenced fund or matching adjustment
    portfolio. This number is attributed by the
    undertaking within the scope of group
    supervision and must be consistent over time
    and with the fund/portfolio number reported
    in other templates.
    R0001/C001Simplifications
    used – fire risk    		Identify whether an undertaking within the
    scope of group for the SCR calculation used
    simplifications for the calculation of fire risk.
    The following options shall be used:
    1 – Simplifications
    for
    the
    purposes of Article 90c
    9 – Simplifications not used
    Where R0001/C0001 = 1, only C0880 shall
    be filled in for R2600.
    R0002/C001Simplifications
    used – natural
    catastrophe risk    		Identify whether an undertaking within the
    scope of group for the SCR calculation used
    simplifications for the calculation of natural
    catastrophe risk. The following options shall
    be used:
    1 – Simplification for the purposes
    of Article 90b windstorm
    2 – Simplification for the purposes
    of Article 90b earthquake
    3 – Simplification for the purposes
    of Article 90b flood
    4 – Simplification for the purposes
    of Article 90b hail
    5 – Simplification for the purposes
    of Article 90b subsidence
    9 – Simplifications not used
    Options 1 to 5 may be used simultaneously.
    Non-life catastrophe
    risk — Summary
    C0010/R0010SCR before risk
    mitigation — Natural catastrophe
    risk    		This is the total catastrophe risk before risk
    mitigation arising from all natural catastrophe
    perils and taking into consideration the
    diversification effect between the perils given
    in C0010/R0070.
    C0010/R0020–R0060SCR before risk
    mitigation — Natural catastrophe
    risk perils    		This is the total capital requirement before
    risk mitigation per natural catastrophe peril,
    taking into consideration the diversification
    effect between zones and regions.
    Per natural peril this amount is equal to the
    Catastrophe Risk Charge before risk
    mitigation.
    C0010/R0070SCR before risk
    mitigation — Diversification
    between perils    		Diversification effect arising from the
    aggregation of the total capital charges before
    risk mitigation relating to different natural
    catastrophe perils.
    C0020/R0010Total risk
    mitigation — Natural catastrophe
    risk    		This is the total risk mitigation effect of the
    group’s specific reinsurance contracts and
    special purpose vehicles arising from all
    natural catastrophe perils and taking into
    consideration the diversification effect
    between the perils given in C0020/R0070.
    C0020/R0020–R0060Total risk
    mitigation — Natural catastrophe
    risk perils    		This is the total risk mitigation effect of the
    group’s specific reinsurance contracts and
    special purpose vehicles per natural
    catastrophe peril.
    C0020/R0070Total risk
    mitigation — Diversification
    between perils    		Diversification effect arising from the
    aggregation of the risk mitigation effect of
    the group’s specific reinsurance contracts and
    special purpose vehicles relating to different
    natural catastrophe perils.
    C0030/R0010SCR after risk
    mitigation — Natural catastrophe
    risk    		This is the total catastrophe risk after risk
    mitigation arising from all natural catastrophe
    perils and taking into consideration the
    diversification effect between the perils given
    in C0030/R0070.
    C0030/R0020–R0060SCR after risk
    mitigation — Natural catastrophe
    risk perils    		This is the total capital requirement after risk
    mitigation per natural catastrophe peril,
    taking into consideration the diversification
    effect between zones and regions.
    Per natural peril this amount is equal to the
    Catastrophe Risk Charge after risk mitigation.
    C0030/R0070SCR after risk
    mitigation — Diversification
    between perils    		Diversification effect arising from the
    aggregation of the total capital charges after
    risk mitigation relating to different natural
    catastrophe perils.
    C0010/R0080SCR before risk
    mitigation — Catastrophe risk
    non-proportional
    property
    reinsurance    		This is the total catastrophe risk before risk
    mitigation arising from non-proportional
    property reinsurance.
    C0020/R0080Total risk
    mitigation — Catastrophe risk
    non-proportional
    property
    reinsurance    		This is the total risk mitigation effect of the
    group’s specific reinsurance contracts and
    special purpose vehicles for non-proportional
    property reinsurance.
    C0030/R0080SCR after risk
    mitigation — Catastrophe risk
    non-proportional
    property
    reinsurance    		This is the total catastrophe risk after risk
    mitigation arising from non-proportional
    property reinsurance.
    C0010/R0090SCR before risk
    mitigation — Man – made catastrophe
    risk    		This is the total catastrophe risk before risk
    mitigation arising from all man-made perils
    and taking into consideration the
    diversification effect between the perils given
    in C0010/R0160.
    C0010/R0100–R0150SCR before risk
    mitigation — Man – made catastrophe
    risk perils    		This is the total capital requirement before
    risk mitigation per man-made peril, taking
    into consideration the diversification effect
    between sub-perils.
    Per man-made peril this amount is equal to
    the Catastrophe Risk Charge before risk
    mitigation.
    C0010/R0160SCR before risk
    mitigation — Diversification
    between perils    		Diversification effect arising from the
    aggregation of the total capital charges before
    risk mitigation relating to different man – made perils.
    C0020/R0090Total risk
    mitigation — Man – made catastrophe
    risk    		This is the total risk mitigation effect of the
    group’s specific reinsurance contracts and
    special purpose vehicles arising from all
    man-made perils and taking into
    consideration the diversification effect
    between the perils given in C0020/R0160.
    C0020/R0100–R0150Total risk
    mitigation — Man – made catastrophe
    risk perils    		This is the total risk mitigation effect of the
    group’s specific reinsurance contracts and
    special purpose vehicles per man-made
    catastrophe peril.
    C0020/R0160Total risk
    mitigation — Diversification
    between perils    		Diversification effect arising from the
    aggregation of the risk mitigation effect of
    the group’s specific reinsurance contracts and
    special purpose vehicles relating to different
    man-made perils.
    C0030/R0090SCR after risk
    mitigation — Man – made catastrophe
    risk    		This is the total catastrophe risk after risk
    mitigation arising from all man-made
    catastrophe perils and taking into
    consideration the diversification effect
    between the perils given in C0030/R0160.
    C0030/R0100–R0150SCR after risk
    mitigation — Man – made catastrophe
    risk perils    		This is the total capital requirement after risk
    mitigation per man-made catastrophe peril,
    taking into consideration the diversification
    effect between sub-perils.
    Per man-made peril this amount is equal to
    the Catastrophe Risk Charge after risk
    mitigation.
    C0030/R0160SCR after risk
    mitigation — Diversification
    between perils    		Diversification effect arising from the
    aggregation of the total capital charges after
    risk mitigation relating to different man – made catastrophe perils.
    C0010/R0170SCR before risk
    mitigation — Other
    non-life
    catastrophe risk    		This is the total catastrophe risk before risk
    mitigation arising from all ‘other non-life’
    perils and taking into consideration the
    diversification effect between the perils given
    in C0010/R0180.
    C0010/R0180SCR before risk
    mitigation — Diversification
    between perils    		Diversification effect arising from the
    aggregation of the total capital charges before
    risk mitigation relating to different ‘other
    non-life’ perils.
    C0020/R0170Total risk
    mitigation — Other
    non-life
    catastrophe risk    		This is the total risk mitigation effect of the
    group’s specific reinsurance contracts and
    special purpose vehicles arising from all
    ‘other non-life’ perils and taking into
    consideration the diversification effect
    between the perils given in C0020/R0180.
    C0020/R0180Total risk
    mitigation — Diversification
    between perils    		Diversification effect arising from the
    aggregation of the risk mitigation effect of
    the group’s specific reinsurance contracts and
    special purpose vehicles relating to different
    ‘other non-life’ perils.
    C0030/R0170SCR after risk
    mitigation — Other
    non-life
    catastrophe risk    		This is the total catastrophe risk after risk
    mitigation arising from all ‘other non-life’
    catastrophe perils and taking into
    consideration the diversification effect
    between the perils given in C0030/R0180.
    C0030/R0180SCR after risk
    mitigation — Diversification
    between perils    		Diversification effect arising from the
    aggregation of the total capital charges after
    risk mitigation relating to different ‘other
    non-life’ catastrophe perils.
    C0010/R0190SCR before risk
    mitigation — Total
    Non-life
    catastrophe risk
    before
    diversification    		This is the total catastrophe risk before risk
    mitigation arising from all the sub-modules
    (Natural catastrophe, Non-proportional
    property reinsurance, Man-made and ‘Other
    non-life’ catastrophe risks) before the
    diversification effect between the sub – modules.
    C0010/R0200SCR before risk
    mitigation — Diversification
    between sub – modules    		Diversification effect arising from the
    aggregation of the total capital charges before
    risk mitigation relating to different sub – modules (Natural catastrophe, Non – proportional property reinsurance, Man-made
    and ‘Other non-life’ catastrophe risks).
    C0010/R0210SCR before risk
    mitigation — Total
    Non-life    		This is the total catastrophe risk before risk
    mitigation arising from all the sub-modules
    (Natural catastrophe, Non-proportional
    property reinsurance, Man-made and ‘Other
    catastrophe risk
    after diversification    		non-life’ catastrophe risks), taking into
    consideration the diversification effect
    between the sub-modules given in
    C0010/R0200.
    C0020/R0190Total risk
    mitigation — Total
    Non-life
    catastrophe risk
    before
    diversification    		This is the total risk mitigation effect of the
    group’s specific reinsurance contracts and
    special purpose vehicles arising from all the
    sub-modules (Natural catastrophe, Non – proportional property reinsurance, Man-made
    and ‘Other non-life’ catastrophe risks),
    before the diversification effect between the
    sub-modules.
    C0020/R0200Total risk
    mitigation — Diversification
    between sub – modules    		Diversification effect arising from the
    aggregation of the risk mitigation effect of
    the group’s specific reinsurance contracts and
    special purpose vehicles relating to different
    sub-modules (Natural catastrophe, Non – proportional property reinsurance, Man-made
    and ‘Other non-life’ catastrophe risks).
    C0020/R0210Total risk
    mitigation — Total
    Non-life
    catastrophe risk
    after diversification    		This is the total risk mitigation effect of the
    group’s specific reinsurance contracts and
    special purpose vehicles arising from all the
    sub-modules (Natural catastrophe, Non – proportional property reinsurance, Man-made
    and ‘Other non-life’ catastrophe risks),
    taking into consideration the diversification
    effect between the sub-modules given in
    C0020/R0200.
    C0030/R0190SCR after risk
    mitigation — Total
    Non-life
    catastrophe risk
    before
    diversification    		This is the total catastrophe risk after risk
    mitigation arising from all the sub-modules
    (Natural catastrophe, Non-proportional
    property reinsurance, Man-made and ‘Other
    non-life’ catastrophe risks), before the
    diversification effect between the sub – modules.
    C0030/R0200SCR after risk
    mitigation — Diversification
    between sub – modules    		Diversification effect arising from the
    aggregation of the total capital charges after
    risk mitigation relating to different sub – modules (Natural catastrophe, Non – proportional property reinsurance, Man-made
    and ‘Other non-life’ catastrophe risks).
    C0030/R0210SCR after risk
    mitigation — Total
    Non-life
    catastrophe risk
    after diversification    		This is the total catastrophe risk after risk
    mitigation arising from all the sub-modules
    (Natural catastrophe, Non-proportional
    property reinsurance, Man-made and ‘Other
    non-life’ catastrophe risks), taking into
    consideration the diversification effect
    between the sub-modules given in item
    C0030/R0200.
    Health catastrophe risk
    — Summary
    C0010/R0300SCR before risk
    mitigation — Health catastrophe
    risk    		This is the total catastrophe risk before risk
    mitigation arising from all Health catastrophe
    risk sub-modules and taking into
    consideration the diversification effect
    between the sub-modules given in
    C0010/R0340.
    C0010/R0310–R0330SCR before risk
    mitigation — Health catastrophe
    risk sub-modules    		This is the total capital requirement before
    risk mitigation per Health catastrophe risk
    sub-modules, taking into consideration the
    diversification effect between the countries.
    Per Health catastrophe risk sub-module this
    amount is equal to the Catastrophe Risk
    Charge before risk mitigation.
    C0010/R0340SCR before risk
    mitigation — Diversification
    between sub – modules    		Diversification effect arising from the
    aggregation of the total capital charges before
    risk mitigation relating to different Health
    catastrophe risk sub-modules.
    C0020/R0300Total risk
    mitigation — Health catastrophe
    risk    		This is the total risk mitigation effect of the
    group’s specific reinsurance contracts and
    special purpose vehicles arising from all
    Health catastrophe risk sub-modules and
    taking into consideration the diversification
    effect between the sub-modules given in
    C0020/R0340.
    C0020/R0310–R0330Total risk
    mitigation — Health catastrophe
    risk sub-modules    		This is the total risk mitigation effect of the
    group’s specific reinsurance contracts and
    special purpose vehicles per Health
    catastrophe risk sub-module.
    C0020/R0340Total risk
    mitigation — Diversification
    between sub – modules    		Diversification effect arising from the
    aggregation of the risk mitigation effect of
    the group’s specific reinsurance contracts and
    special purpose vehicles relating to different
    Health catastrophe risk sub-modules.
    C0030/R0300SCR after risk
    mitigation — Health catastrophe
    risk    		This is the total catastrophe risk after risk
    mitigation arising from all Health catastrophe
    risk sub-modules and taking into
    consideration the diversification effect
    between the sub-modules given in
    C0030/R0340.
    C0030/R0310–R0330SCR after risk
    mitigation — Health catastrophe
    risk sub-modules    		This is the total capital requirement after risk
    mitigation per Health catastrophe risk sub – module, taking into consideration the
    diversification effect between countries.
    Per Health catastrophe risk sub-module this
    amount is equal to the Catastrophe Risk
    Charge after risk mitigation.
    C0030/R0340SCR after risk
    mitigation — Diversification
    between sub – modules    		Diversification effect arising from the
    aggregation of the total capital charges after
    risk mitigation relating to different Health
    catastrophe risk sub-modules.
    Non-life catastrophe
    risk
    Natural catastrophe
    risk — Windstorm
    C0040/R0610–R0780Estimation of the
    gross premium to
    be earned — Other
    Regions    		An estimate of the premiums to be earned by
    the insurance or reinsurance group, during the
    following year in relation to the 14 regions
    other than the specified regions(include
    regions as specified in Annex III, except the
    ones specified in Annex V or in Annex XIII
    of Delegated Regulation (EU) 2015/35), for
    the contract in relation to the obligations of
    lines of business fire and other damage
    covering windstorm risk, including the
    proportional reinsurance obligations and
    marine, aviation and transport insurance
    covering onshore property damage by
    windstorm, including the proportional
    reinsurance obligations.
    Premiums shall be gross, without deduction
    of premiums for reinsurance contracts.
    C0040/R0790Estimation of the
    gross premium to
    be earned — Total
    Windstorm Other
    Regions before
    diversifications    		Total of the estimate of the premiums to be
    earned by the insurance or reinsurance group
    before diversification, during the following
    year for the other 14 regions other than the
    specified
    regions.
    C0050/R0400–R0590Exposure — specified RegionThe sum of the total insured per each of the
    23 specified
    regions for lines of business:
    Fire and other damage, including the
    proportional reinsurance obligations, in
    relation to contracts that cover windstorm risk
    and where the risk is situated in this particular
    specified
    region; and
    Marine, aviation and transport insurance,
    including the proportional reinsurance
    obligations, in relation to contracts that cover
    onshore property damage by Windstorm and
    where the risk is situated in this particular
    specified
    region.
    C0050/R0600Exposure — Total
    Windstorm
    specified
    Regions
    before
    diversification    		Total of the exposure before diversification
    for the 23 specified
    regions.
    C0060/R0400–R0590Specified Gross
    Loss —specified
    Region    		Specified gross windstorm loss per each of
    the 23 specified
    regions, taking into
    consideration the effect of diversification
    effect between zones.
    C0060/R0600Specified Gross
    Loss — Total
    Windstorm
    specified
    Regions
    before
    diversification    		Total of the specified gross loss before
    diversification for the 23 specified
    regions.
    C0070/R0400–R0590Catastrophe Risk
    Charge Factor
    before risk    		The risk charge factor per each of the 23
    specified
    regions for Windstorm, taking into
    mitigation — specified
    Region    		consideration the effect of diversification
    effect between zones.
    C0070/R0600Catastrophe Risk
    Charge Factor
    before risk
    mitigation — Total
    Windstorm
    specified
    Regions
    before
    diversification    		Ratio between total specified gross loss and
    total exposure.
    C0080/R0400–R0590Scenario A or B — specified
    Region    		The larger of the capital requirement for
    Windstorm risk for each of the 23 specified
    regions according to scenario A or scenario
    B.
    When determining the largest amount of
    scenario A and B, the risk mitigation effect of
    the group’s specific reinsurance contracts and
    special purpose vehicles relating to this peril,
    shall be taken into account.
    C0090/R0400–R0590Catastrophe Risk
    Charge before risk
    mitigation — specified
    Region    		Capital requirement before risk mitigation
    arising from Windstorm for each of the 23
    specified Regions corresponding to the larger
    of scenario A or B.
    C0090/R0600Catastrophe Risk
    Charge before risk
    mitigation — Total
    Windstorm
    specified
    Regions
    before
    diversification    		Total of the capital requirement before risk
    mitigation arising from Windstorm for the 23
    specified
    regions.
    C0090/R0790Catastrophe Risk
    Charge before risk
    mitigation — Total
    Windstorm Other
    Regions before
    diversifications    		The capital requirement before risk
    mitigation for Windstorm risk in regions
    other than the
    specified
    Regions. It is the
    amount of the instantaneous loss, without
    deduction of the amounts recoverable from
    reinsurance contracts and Special Purpose
    Vehicles.
    C0090/R0800Catastrophe Risk
    Charge before risk
    mitigation — Total
    Windstorm all    		Total of the capital requirement before risk
    mitigation arising from Windstorm for all
    regions.
    Regions before
    diversification
    C0090/R0810Catastrophe Risk
    Charge before risk
    mitigation — Diversification
    effect between
    regions    		Diversification effect arising from the
    aggregation of the Windstorm risks relating
    to the different regions (both
    specified
    Regions and ‘other regions’)
    C0090/R0820Catastrophe Risk
    Charge before risk
    mitigation — Total
    Windstorm after
    diversification    		This is the total capital requirement before
    risk mitigation for Windstorm risk, taking
    into consideration the diversification effect
    reported in item C0090/R0810.
    C0100/R0400–R0590Estimated Risk
    Mitigation — specified
    Region    		Per each of the 23
    specified
    Regions, the
    estimated risk mitigation effect,
    corresponding to the selected scenario, of the
    group’s specific reinsurance contracts and
    special purpose vehicles relating to this peril,
    excluding the estimated reinstatement
    premiums.
    C0100/R0600Estimated Risk
    Mitigation — Total
    Windstorm
    specifie
    d Regions before
    diversification    		Total of the estimated risk mitigation arising
    from Windstorm for the 23 specified regions.
    C0100/R0790Estimated Risk
    Mitigation — Total
    Windstorm Other
    Regions before
    diversifications    		For all the regions other the
    specified
    Regions, the estimated risk
    mitigation effect of the group’s specific
    reinsurance contracts and special purpose
    vehicles relating to this peril, excluding the
    estimated reinstatement premiums.
    C0100/R0800Estimated Risk
    Mitigation — Total
    Windstorm all
    Regions before
    diversification    		Total of the estimated risk mitigation arising
    from Windstorm for all regions.
    C0110/R0400–R0590Estimated
    Reinstatement
    Premiums — specified Region    		For each of the 23 specified
    Regions, the
    estimated reinstatement premiums,
    corresponding to the selected scenario, as a
    result of the group’s specific reinsurance
    contracts and special purpose vehicles
    relating to this peril.
    C0110/R0600Estimated
    Reinstatement
    Premiums — Total
    Windstorm
    specified
    Regions
    before
    diversification    		Total of the estimated reinstatement
    premiums for the 23 specified
    regions.
    C0110/R0790Estimated
    Reinstatement
    Premiums — Total
    Windstorm Other
    Regions before
    diversifications    		For all the regions other than the specified
    Regions, the estimated reinstatement
    premiums, as a result of the group’s specific
    reinsurance contracts and special purpose
    vehicles relating to this peril.
    C0110/R0800Estimated
    Reinstatement
    Premiums — Total
    Windstorm all
    Regions before
    diversification    		Total of the estimated reinstatement
    premiums for all regions.
    C0120/R0400–R0590Catastrophe Risk
    Charge after risk
    mitigation — specified
    Region    		Capital requirement, after the deduction of
    the risk mitigating effect of the group’s
    specific reinsurance contracts and special
    purpose vehicles relating to this peril, arising
    from Windstorms in each of the specified
    regions, corresponding to the selected
    scenario.
    C0120/R0600Catastrophe Risk
    Charge after risk
    mitigation — Total
    Windstorm
    specified Regions
    before
    diversification    		Total of the capital requirement, after the
    deduction of the risk mitigating effect of the
    group’s specific reinsurance contracts and
    special purpose vehicles for the 23
    specified
    regions.
    C0120/R0790Catastrophe Risk
    Charge after risk
    mitigation — Total
    Windstorm Other
    Regions before
    diversifications    		Capital requirement after risk mitigation for
    Windstorm risk in regions other than the
    specified
    Regions. It is the amount of the
    instantaneous loss, including the deduction of
    the amounts recoverable from reinsurance
    contracts and Special Purpose Vehicles.
    C0120/R0800Catastrophe Risk
    Charge after risk
    mitigation — Total
    Windstorm all
    Regions before
    diversification    		Total of the capital requirement, after the
    deduction of the risk mitigating effect of the
    group’s specific reinsurance contracts and
    special purpose vehicles for all regions.
    C0120/R0810Catastrophe Risk
    Charge after risk
    mitigation — Diversification
    effect between
    regions    		Diversification effect arising from the
    aggregation of the capital requirement after
    risk mitigations for Windstorm risks relating
    to the different regions (both specified
    Regions and ‘other regions’).
    C0120/R0820Catastrophe Risk
    Charge after risk
    mitigation — Total
    Windstorm after
    diversification    		This is the total capital requirement after risk
    mitigation for Windstorm risk, taking into
    consideration the diversification effect given
    in item C0120/R0810.
    Natural catastrophe
    risk — Earthquake
    C0130/R1040–R1210Estimation of the
    gross premium to
    be earned — Other
    Regions    		An estimate of the premiums to be earned by
    the insurance or reinsurance group, during the
    following year in relation to each of the 14
    regions other than the
    specified
    Regions(include regions as
    specified in Annex III, except the ones
    specified in Annex V or
    in Annex XIII of
    Delegated Regulation (EU) 2015/35), for the
    contract in relation to the obligations of lines
    of business:
    Fire and other damage covering earthquake
    risk, including the proportional reinsurance
    obligations; and
    Marine, aviation and transport insurance
    covering onshore property damage by
    earthquake, including the proportional
    reinsurance obligations.
    Premiums shall be gross, without deduction
    of premiums for reinsurance contracts.
    C0130/R1220Estimation of the
    gross premium to
    be earned — Total    		Total of the estimate of the premiums to be
    earned, by the insurance or reinsurance
    Earthquake Other
    Regions before
    diversification    		group, during the following year for the other
    regions.
    C0140/R0830–R1020Exposure — specified
    Region    		The sum of the total insured per each of the
    20 specified
    regions for the lines of business:
    Fire and other damage, including the
    proportional reinsurance obligations, in
    relation to contracts that cover Earthquake
    risk and where the risk is situated in this
    particular specified
    region; and
    For lines of business Marine, aviation and
    transport insurance, including the
    proportional reinsurance obligations, in
    relation to contracts that cover onshore
    property damage by Earthquake and where
    the risk is situated in this particular
    specified
    region.
    C0140/R1030Exposure — Total
    Earthquake
    specified
    Regions
    before
    diversification    		Total of the exposure for the 20
    specified
    regions.
    C0150/R0830–R1020Specified Gross
    Loss — specified
    Region    		Specified gross Earthquake loss for each of
    the 20 specified
    regions, taking into
    consideration the effect of diversification
    effect between zones.
    C0150/R1030Specified Gross
    Loss — Total
    Earthquake
    specified
    Regions
    before
    diversification    		Total of the specified gross Earthquake loss
    for the 20
    specified
    regions.
    C0160/R0830–R1020Catastrophe Risk
    Charge Factor
    before risk
    mitigation — specified
    Region    		The Risk Charge Factor per each of the 20
    specified
    regions for Earthquake according to
    the Standard Formula, taking into
    consideration the effect of diversification
    effect between zones.
    C0160/R1030Catastrophe Risk
    Charge Factor
    before risk
    mitigation — Total    		Ratio between total specified gross loss and
    total exposure.