SolvencyTool logo
    Home / Acts & Regulations / Reporting explanations / S.28.02 — Minimum Capital Requirement — Both life and non-life insurance activity (Solo)

    S.28.02 — Minimum Capital Requirement — Both life and non-life insurance activity Solo

    EIOPA Taxonomy 2.8.0 Source PDF

    S.28.02 — Minimum Capital Requirement — Both life and non-life insurance activity PDF · reporting-explanations/EIOPA_Solvency_II/2.8.0/EIOPA_S.28.02_solo.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.28.02 — Minimum Capital Requirement — Both life and non-life insurance activity

    General comments:

    This section relates to opening, quarterly and annual submission of information for individual entities.

    In particular, S.28.02 is to be submitted by insurance undertakings engaged in both life and non-life insurance activity. Insurance and reinsurance undertakings other than insurance undertakings engaged in both life and non-life insurance activity shall submit S.28.01 instead.

    This template shall be completed on the basis of Solvency II valuation, i.e. written premiums are defined as the premiums due to be received by the undertaking in the period (as defined in Article 1(11) of Delegated Regulation (EU) 2015/35).

    Insurance and reinsurance undertakings shall disclose written/earned premiums as defined in Article 1(11) and (12) of Delegated Regulation (EU) 2015/35 regardless whether a local GAAP or IFRS is used.All references to technical provisions address technical provisions after application of Long Term Guarantee measures and transitionals.

    The calculation of MCR combines a linear formula with a floor of 25 % and a cap of 45 % of the SCR. The MCR is subject to an absolute floor depending on the nature of the undertaking (as defined in Article 129 (1) (d) of Directive 2009/138/EC).

    ITEMINSTRUCTIONS
    C0010/R0010Linear Formula component
    for non-life insurance and
    reinsurance obligations — MCR(NL,NL)
    result — non
    life activities    		This is the linear formula component for non
    life insurance and reinsurance obligations
    relating to non-life insurance activities
    calculated in accordance with Article 252 (4)
    and (5) of Delegated Regulation (EU)
    2015/35.
    C0020/R0010Linear Formula component
    for non-life insurance and
    reinsurance obligations — MCR(NL,L)
    result    		This is the linear formula component for non
    life insurance and reinsurance obligations
    relating to life insurance activities calculated
    in accordance with Article 252 (9) and (10) of
    Delegated Regulation (EU) 2015/35.
    C0030/R0020Medical expense insurance
    and proportional
    reinsurance — Net (of
    reinsurance/SPV) best
    estimate
    and TP calculated
    as a whole — non-life
    activities    		These are the technical provisions for medical
    expense insurance and proportional
    reinsurance, without risk margin after
    deduction of the amounts recoverable from
    reinsurance contracts and SPVs, with a floor
    equal to zero, relating to non-life activities.
    C0040/R0020Medical expense insurance
    and proportional
    reinsurance — Net (of
    reinsurance) written
    premiums in the last 12    		These are the premiums written for medical
    expense insurance and proportional
    reinsurance during the (rolling) last 12
    months, after deduction of premiums for
    reinsurance contracts, with a floor equal to
    months — non-life
    activities    		zero, relating to non-life activities. Amount of
    taxes or charges levied with premiums shall be
    excluded
    from the written premiums.
    C0050/R0020Medical expense insurance
    and proportional
    reinsurance — Net (of
    reinsurance/SPV) best
    estimate and TP calculated
    as a whole — life activities    		These are the technical provisions for medical
    expense insurance and proportional
    reinsurance, without risk margin after
    deduction of the amounts recoverable from
    reinsurance contracts and SPVs, with a floor
    equal to zero, relating to life activities.
    C0060/R0020Medical expense insurance
    and proportional
    reinsurance — Net (of
    reinsurance) written
    premiums in the last 12
    months — life activities    		These are the premiums written for medical
    expense insurance and proportional
    reinsurance during the (rolling) last 12
    months, after deduction of premiums for
    reinsurance contracts, with a floor equal to
    zero, relating to life activities. Amount of
    taxes or charges levied with premiums shall be
    excluded from the written premiums.
    C0030/R0030Income protection
    insurance and proportional
    reinsurance — Net (of
    reinsurance/SPV) best
    estimate and TP calculated
    as a whole — non-life
    activities    		These are the technical provisions for income
    protection insurance and proportional
    reinsurance, without risk margin after
    deduction of the amounts recoverable from
    reinsurance contracts and SPVs, with a floor
    equal to zero, relating to non-life activities.
    C0040/R0030Income protection
    insurance and proportional
    reinsurance — Net (of
    reinsurance) written
    premiums in the last 12
    months — non-life
    activities    		These are the premiums written for income
    protections insurance and proportional
    reinsurance during the (rolling) last 12
    months, after deduction of premiums for
    reinsurance contracts, with a floor equal to
    zero, relating to non-life activities. Amount of
    taxes or charges levied with premiums shall be
    excluded from the written premiums.
    C0050/R0030Income protection
    insurance and proportional
    reinsurance — Net (of
    reinsurance/SPV) best
    estimate and TP calculated
    as a whole — life activities    		These are the technical provisions for income
    protection insurance and proportional
    reinsurance, without risk margin after
    deduction of the amounts recoverable from
    reinsurance contracts and SPVs, with a floor
    equal to zero, relating to life activities.
    C0060/R0030Income protection
    insurance and proportional
    reinsurance — Net (of
    reinsurance) written    		These are the premiums written for income
    protections insurance and proportional
    reinsurance during the
    (rolling) last 12
    months, after deduction of premiums for
    premiums in the last 12
    months — life activities    		reinsurance contracts, with a floor equal to
    zero, relating to life activities. Amount of
    taxes or charges levied with premiums shall be
    excluded from the written premiums.
    C0030/R0040Workers’ compensation
    insurance and proportional
    reinsurance — Net (of
    reinsurance/SPV) best
    estimate and TP calculated
    as a whole — non-life
    activities    		These are the technical provisions for workers’
    compensation insurance and proportional
    reinsurance, without risk margin after
    deduction of the amounts recoverable from
    reinsurance contracts and SPVs, with a floor
    equal to zero, relating to non-life activities.
    C0040/R0040Workers’ compensation
    insurance and proportional
    reinsurance-
    Net (of
    reinsurance) written
    premiums in the last 12
    months — non-life
    activities    		These are the premiums written for workers’
    compensations insurance and proportional
    reinsurance during the (rolling) last 12
    months, after deduction of premiums for
    reinsurance contracts, with a floor equal to
    zero, relating to non-life activities. Amount of
    taxes or charges levied with premiums shall be
    excluded from the written premiums.
    C0050/R0040Workers’ compensation
    insurance and proportional
    reinsurance — Net (of
    reinsurance/SPV) best
    estimate and TP calculated
    as a whole — life activities    		These are the technical provisions for workers’
    compensation insurance and proportional
    reinsurance, without risk margin after
    deduction of the amounts recoverable from
    reinsurance contracts and SPVs, with a floor
    equal to zero, relating to life activities.
    C0060/R0040Workers’ compensation
    insurance and proportional
    reinsurance — Net (of
    reinsurance) written
    premiums in the last 12
    months — life activities    		These are the premiums written for workers’
    compensations insurance and proportional
    reinsurance during the (rolling) last 12
    months, after deduction of premiums for
    reinsurance contracts, with a floor equal to
    zero, relating to
    life activities. Amount of
    taxes or charges levied with premiums shall be
    excluded from the written premiums.
    C0030/R0050Motor vehicle liability
    insurance and proportional
    reinsurance — Net (of
    reinsurance/SPV) best
    estimate and TP calculated
    as a whole
    — non-life
    activities    		These are the technical provisions for motor
    vehicle liability insurance and proportional
    reinsurance, without risk margin after
    deduction of the amounts recoverable from
    reinsurance contracts and SPVs, with a floor
    equal to zero, relating to non-life activities.
    C0040/R0050Motor vehicle liability
    insurance and proportional    		These are the premiums written for motor
    vehicle liability insurance and proportional
    reinsurance — Net (of
    reinsurance) written
    premiums in the last 12
    months — non-life
    activities    		reinsurance during the (rolling) last 12
    months, after deduction of premiums for
    reinsurance contracts, with a floor equal to
    zero, relating to non-life activities. Amount of
    taxes or charges levied with premiums shall be
    excluded from
    the written premiums.
    C0050/R0050Motor vehicle liability
    insurance and proportional
    reinsurance — Net (of
    reinsurance/SPV) best
    estimate and TP calculated
    as a whole — life activities    		These are the technical provisions for motor
    vehicle liability insurance and proportional
    reinsurance, without risk margin after
    deduction of the amounts recoverable from
    reinsurance contracts and SPVs, with a floor
    equal to zero, relating to life activities.
    C0060/R0050Motor vehicle liability
    insurance and proportional
    reinsurance — Net (of
    reinsurance) written
    premiums in the last 12
    months — life activities    		These are the premiums written for motor
    vehicle liability insurance and proportional
    reinsurance during the (rolling) last 12
    months, after deduction of premiums for
    reinsurance contracts, with a floor equal to
    zero, relating to life activities. Amount of
    taxes or charges levied with premiums shall be
    excluded from the written premiums.
    C0030/R0060Other motor insurance and
    proportional reinsurance — Net (of reinsurance/SPV)
    best estimate and TP
    calculated as a whole — non-life activities    		These are the technical provisions for other
    motor insurance and proportional reinsurance,
    without risk margin after deduction of the
    amounts recoverable from reinsurance
    contracts and SPVs, with a floor equal to zero,
    relating to non-life activities.
    C0040/R0060Other motor insurance and
    proportional reinsurance — Net (of reinsurance)
    written premiums in the
    last 12 months — non-life
    activities    		These are the premiums written for other
    motor insurance and proportional reinsurance
    during the (rolling) last 12 months, after
    deduction of premiums for reinsurance
    contracts, with a floor equal to zero, relating to
    non-life activities. Amount of taxes or charges
    levied with premiums shall be excluded from
    the written premiums.
    C0050/R0060Other motor insurance and
    proportional reinsurance — Net (of reinsurance/SPV)
    best estimate and TP
    calculated as a whole — life activities    		These are the technical provisions for other
    motor insurance and proportional reinsurance,
    without risk margin after deduction of the
    amounts recoverable from reinsurance
    contracts and SPVs, with a floor equal to zero,
    relating to life activities.
    C0060/R0060Other motor insurance and
    proportional reinsurance —    		These are the premiums written for other
    motor insurance and proportional reinsurance
    Net (of reinsurance)
    written premiums in the
    last 12 months — life
    activities    		during the (rolling) last 12 months, after
    deduction of premiums for reinsurance
    contracts, with a floor equal to zero, relating to
    life activities. Amount of taxes or charges
    levied with premiums shall be excluded from
    the written premiums.
    C0030/R0070Marine, aviation and
    transport insurance and
    proportional reinsurance — Net (of reinsurance/SPV)
    best estimate and TP
    calculated as a whole — non-life activities    		These are the technical provisions for marine,
    aviation and transport insurance and
    proportional reinsurance, without risk margin
    after deduction of
    the amounts recoverable
    from reinsurance contracts and SPVs, with a
    floor equal to zero, relating to non-life
    activities.
    C0040/R0070Marine, aviation and
    transport insurance and
    proportional reinsurance — Net (of reinsurance)
    written premiums in the
    last 12 months — non-life
    activities    		These are the premiums written for marine,
    aviation and transport insurance and
    proportional reinsurance during the (rolling)
    last 12 months, after deduction of premiums
    for reinsurance contracts, with a floor equal to
    zero, relating to non-life activities. Amount of
    taxes or charges levied with premiums shall be
    excluded from the written premiums.
    C0050/R0070Marine, aviation and
    transport insurance and
    proportional reinsurance — Net (of reinsurance/SPV)
    best estimate and TP
    calculated as a whole — life activities    		These are the technical provisions for marine,
    aviation and transport insurance and
    proportional reinsurance, without risk margin
    after deduction of the amounts recoverable
    from reinsurance contracts and SPVs, with a
    floor equal to zero, relating to life activities.
    C0060/R0070Marine, aviation and
    transport insurance and
    proportional reinsurance — Net (of reinsurance)
    written premiums in the
    last 12 months — life
    activities    		These are the premiums written for marine,
    aviation and transport insurance and
    proportional reinsurance during the (rolling)
    last 12 months, after deduction of premiums
    for reinsurance contracts, with a floor equal to
    zero, relating to life activities. Amount of
    taxes or charges levied with premiums shall be
    excluded from the written premiums.
    C0030/R0080Fire and other damage to
    property insurance and
    proportional reinsurance — Net
    (of reinsurance/SPV)
    best estimate and TP    		These are the technical provisions for fire and
    other damage to property insurance and
    proportional reinsurance, without risk margin
    after deduction of the amounts recoverable
    from reinsurance contracts and SPVs, with a
    calculated as a whole — non-life activitiesfloor equal to zero, relating to non-life
    activities.
    C0040/R0080Fire and other damage to
    property insurance and
    proportional reinsurance — Net (of reinsurance)
    written premiums in the
    last 12 months — non-life
    activities    		These are the premiums written for fire and
    other damage to property insurance and
    proportional reinsurance during the (rolling)
    last 12 months, after deduction of premiums
    for reinsurance contracts, with a floor equal to
    zero, relating to non-life activities. Amount of
    taxes or charges levied with premiums shall be
    excluded from the written premiums.
    C0050/R0080Fire and other damage to
    property insurance and
    proportional reinsurance — Net (of reinsurance/SPV)
    best estimate and TP
    calculated as a whole — life activities    		These are the technical provisions for fire and
    other damage to property insurance and
    proportional reinsurance, without risk margin
    after deduction of the amounts recoverable
    from reinsurance contracts and SPVs, with a
    floor equal to zero, relating to life activities.
    C0060/R0080Fire and other damage to
    property insurance and
    proportional reinsurance — Net (of reinsurance)
    written premiums in the
    last 12 months — life
    activities    		These are the premiums written for fire and
    other damage to property insurance and
    proportional reinsurance during the (rolling)
    last 12 months, after deduction of premiums
    for reinsurance contracts, with a floor equal to
    zero, relating to life activities. Amount of
    taxes or charges levied with premiums shall be
    excluded from the written premiums.
    C0030/R0090General liability insurance
    and proportional
    reinsurance — Net (of
    reinsurance/SPV) best
    estimate and TP calculated
    as a whole — non-life
    activities    		These are the technical provisions for general
    liability insurance and proportional
    reinsurance, without risk margin after
    deduction of the amounts recoverable from
    reinsurance contracts and SPVs, with a floor
    equal to zero, relating to non-life activities.
    C0040/R0090General liability insurance
    and proportional
    reinsurance — Net (of
    reinsurance) written
    premiums in the last 12
    months — non-life
    activities    		These are the premiums written for general
    liability insurance and proportional
    reinsurance during the (rolling) last 12
    months, after deduction of premiums for
    reinsurance contracts, with a floor equal to
    zero, relating to non-life activities. Amount of
    taxes or charges levied with premiums shall be
    excluded from the written premiums.
    C0050/R0090General liability insurance
    and proportional    		These are the technical provisions for general
    liability insurance and proportional
    reinsurance — Net (of
    reinsurance/SPV) best
    estimate and TP calculated
    as a whole — life activities    		reinsurance, without risk margin after
    deduction of the amounts recoverable from
    reinsurance contracts and SPVs, with a floor
    equal to zero, relating to life activities.
    C0060/R0090General liability insurance
    and proportional
    reinsurance — Net (of
    reinsurance) written
    premiums in the last 12
    months — life activities    		These are the premiums written for general
    liability insurance and proportional
    reinsurance during the (rolling) last 12
    months, after deduction of premiums for
    reinsurance contracts, with a floor equal to
    zero, relating to life activities. Amount of
    taxes or charges levied with premiums shall be
    excluded from the written premiums.
    C0030/R0100Credit and suretyship
    insurance and proportional
    reinsurance — Net (of
    reinsurance/SPV) best
    estimate and TP calculated
    as a whole — non-life
    activities    		These are the technical provisions for credit
    and suretyship insurance and proportional
    reinsurance, without risk margin after
    deduction of the amounts recoverable from
    reinsurance contracts and SPVs, with a floor
    equal to zero, relating to non-life activities.
    C0040/R0100Credit and suretyship
    insurance and proportional
    reinsurance — Net (of
    reinsurance) written
    premiums in the last 12
    months — non-life
    activities    		These are the premiums written for credit and
    suretyship insurance and proportional
    reinsurance during the (rolling) last 12
    months, after deduction of premiums for
    reinsurance contracts, with a floor equal to
    zero, relating to non-life activities. Amount of
    taxes or charges levied with premiums shall be
    excluded from the
    written premiums.
    C0050/R0100Credit and suretyship
    insurance and proportional
    reinsurance — Net (of
    reinsurance/SPV) best
    estimate and TP calculated
    as a whole — life activities    		These are the technical provisions for credit
    and suretyship insurance and proportional
    reinsurance, without risk margin after
    deduction of the amounts recoverable from
    reinsurance contracts and SPVs, with a floor
    equal to zero, relating to life activities.
    C0060/R0100Credit and suretyship
    insurance and proportional
    reinsurance — Net (of
    reinsurance) written
    premiums in the last 12
    months — life activities    		These are the premiums
    written for credit and
    suretyship insurance and proportional
    reinsurance during the (rolling) last 12
    months, after deduction of premiums for
    reinsurance contracts, with a floor equal to
    zero, relating to life activities. Amount of
    taxes or charges levied
    with premiums shall be
    excluded from the written premiums.
    C0030/R0110Legal expenses insurance
    and proportional
    reinsurance — Net (of
    reinsurance/SPV) best
    estimate and TP calculated
    as a whole — non-life
    activities    		These are the technical provisions for legal
    expenses insurance and proportional
    reinsurance, without risk margin after
    deduction of the amounts recoverable from
    reinsurance contracts and SPVs, with a floor
    equal to zero, relating to non-life activities.
    C0040/R0110Legal expenses insurance
    and proportional
    reinsurance — Net (of
    reinsurance) written
    premiums in the last 12
    months — non-life
    activities    		These are the premiums written for legal
    expenses insurance and proportional
    reinsurance during the (rolling) last 12
    months, after deduction of premiums for
    reinsurance contracts, with a floor equal to
    zero, relating to non-life activities. Amount of
    taxes or charges levied with premiums shall be
    excluded from the written premiums.
    C0050/R0110Legal expenses insurance
    and proportional
    reinsurance — Net (of
    reinsurance/SPV) best
    estimate and TP calculated
    as a whole — life activities    		These are the technical provisions for legal
    expenses insurance and proportional
    reinsurance, without risk margin after
    deduction of the amounts recoverable from
    reinsurance contracts and SPVs, with a floor
    equal to zero, relating to life activities.
    C0060/R0110Legal expenses insurance
    and proportional
    reinsurance — Net (of
    reinsurance) written
    premiums in the last 12
    months — life activities    		These are the premiums written for legal
    expenses insurance and proportional
    reinsurance during the (rolling) last 12
    months, after deduction of premiums for
    reinsurance contracts, with a floor equal to
    zero, relating to life activities. Amount of
    taxes or charges levied with premiums shall be
    excluded from the written premiums.
    C0030/R0120Assistance and
    proportional reinsurance — Net (of reinsurance/SPV)
    best estimate and TP
    calculated as a whole — non-life activities    		These are the technical provisions for
    assistance and its proportional reinsurance,
    without risk margin after deduction of the
    amounts recoverable from reinsurance
    contracts and SPVs, with a floor equal to zero,
    relating to non-life activities.
    C0040/R0120Assistance and
    proportional reinsurance — Net (of reinsurance)
    written premiums in the
    last 12 months — non-life
    activities    		These are the premiums written for assistance
    and its proportional reinsurance during the
    (rolling) last 12 months, after deduction of
    premiums for reinsurance contracts, with a
    floor equal to zero, relating to non-life
    activities. Amount of taxes or charges levied
    with premiums shall be excluded from the
    written premiums.
    C0050/R0120Assistance and
    proportional reinsurance — Net (of reinsurance/SPV)
    best estimate and TP
    calculated as a whole — life activities    		These are the technical provisions for
    assistance and its proportional reinsurance,
    without risk margin after deduction of the
    amounts recoverable from reinsurance
    contracts and SPVs, with a floor equal to zero,
    relating to life activities.
    C0060/R0120Assistance and
    proportional reinsurance — Net (of reinsurance)
    written premiums in the
    last 12 months — life
    activities    		These are the premiums written for assistance
    and its proportional reinsurance during the
    (rolling) last 12 months, after deduction of
    premiums for reinsurance contracts, with a
    floor equal to zero, relating to life activities.
    Amount of taxes or charges levied with
    premiums shall be excluded from the written
    premiums.
    C0030/R0130Miscellaneous financial
    loss insurance and
    proportional reinsurance — Net (of reinsurance/SPV)
    best estimate and TP
    calculated as a whole — non-life activities    		These are the technical provisions for
    miscellaneous financial loss insurance and
    proportional reinsurance, without risk margin
    after deduction of the amounts recoverable
    from reinsurance contracts and SPVs, with a
    floor equal to zero, relating to non-life
    activities.
    C0040/R0130Miscellaneous financial
    loss insurance and
    proportional reinsurance — Net (of reinsurance)
    written premiums in the
    last 12 months — non-life
    activities    		These are the premiums written for
    miscellaneous financial loss insurance and
    proportional reinsurance during the (rolling)
    last 12 months, after deduction of premiums
    for reinsurance contracts, with a floor equal to
    zero, relating to non-life activities. Amount of
    taxes or charges levied with premiums shall be
    excluded from the written premiums.
    C0050/R0130Miscellaneous financial
    loss insurance and
    proportional reinsurance — Net (of reinsurance/SPV)
    best estimate and TP
    calculated as a whole — life activities    		These are the technical provisions for
    miscellaneous financial loss insurance and
    proportional reinsurance, without risk margin
    after deduction of the amounts recoverable
    from reinsurance contracts and SPVs, with a
    floor equal to zero, relating to life activities.
    C0060/R0130Miscellaneous financial
    loss insurance and
    proportional reinsurance — Net (of reinsurance)    		These are the premiums written for
    miscellaneous financial loss insurance and
    proportional reinsurance during the (rolling)
    last 12 months, after deduction of premiums
    written premiums in the
    last 12 months — life
    activities    		for reinsurance contracts, with a floor equal to
    zero, relating to life activities. Amount of
    taxes or charges levied with premiums shall be
    excluded from the written premiums.
    C0030/R0140Non-proportional health
    reinsurance — Net (of
    reinsurance/SPV) best
    estimate and TP calculated
    as a whole — non-life
    activities    		These are the technical provisions for non
    proportional health reinsurance, without risk
    margin after deduction of the amounts
    recoverable from reinsurance contracts and
    SPVs, with a floor equal to zero, relating to
    non-life activities.
    C0040/R0140Non-proportional health
    reinsurance — Net (of
    reinsurance) written
    premiums in the last 12
    months — non-life
    activities    		These are the premiums written for non
    proportional health reinsurance during the
    (rolling) last 12 months, after deduction of
    premiums for reinsurance contracts, with a
    floor equal to zero, relating to non-life
    activities. Amount of taxes or charges levied
    with premiums shall be excluded from the
    written premiums.
    C0050/R0140Non-proportional health
    reinsurance — Net (of
    reinsurance/SPV) best
    estimate and TP calculated
    as a whole — life activities    		These are the technical provisions for non
    proportional health reinsurance, without risk
    margin after deduction of the amounts
    recoverable from reinsurance contracts and
    SPVs, with a floor equal to zero, relating to
    life activities.
    C0060/R0140Non-proportional health
    reinsurance — Net (of
    reinsurance) written
    premiums in the last 12
    months — life activities    		These are the premiums written for non
    proportional health reinsurance during the
    (rolling) last 12 months, after deduction of
    premiums for reinsurance contracts, with a
    floor equal to zero, relating to life activities.
    Amount of taxes or charges levied with
    premiums shall be excluded from the written
    premiums.
    C0030/R0150Non-proportional casualty
    reinsurance — Net (of
    reinsurance/SPV) best
    estimate and TP calculated
    as a whole — non-life
    activities    		These are the technical provisions for non
    proportional casualty reinsurance, without risk
    margin after deduction of the amounts
    recoverable from reinsurance contracts and
    SPVs, with a floor equal to zero, relating to
    non-life activities.
    C0040/R0150Non-proportional casualty
    reinsurance — Net (of
    reinsurance) written
    premiums in the last 12    		These are the premiums written for non
    proportional casualty reinsurance during the
    (rolling) last 12 months, after deduction of
    premiums for reinsurance contracts, with a
    months — non-life
    activities    		floor equal to zero, relating to non-life
    activities. Amount of taxes or charges levied
    with premiums shall be excluded from the
    written premiums.
    C0050/R0150Non-proportional casualty
    reinsurance — Net (of
    reinsurance/SPV) best
    estimate and TP calculated
    as a whole — life activities    		These are the technical provisions for non
    proportional casualty reinsurance, without risk
    margin after deduction of the amounts
    recoverable from reinsurance contracts and
    SPVs, with a floor equal to zero, relating to
    life activities.
    C0060/R0150Non-proportional casualty
    reinsurance — Net (of
    reinsurance) written
    premiums in the last 12
    months — life activities    		These are the premiums written for non
    proportional casualty reinsurance during the
    (rolling) last 12 months, after deduction of
    premiums for reinsurance contracts, with a
    floor equal to zero, relating to life activities.
    Amount of taxes or charges levied with
    premiums shall be excluded from the written
    premiums.
    C0030/R0160Non-proportional
    marine,
    aviation and transport
    reinsurance — Net (of
    reinsurance/SPV) best
    estimate and TP calculated
    as a whole — non-life
    activities    		These are the technical provisions for non
    proportional marine, aviation and transport
    reinsurance, without risk margin after
    deduction of the amounts recoverable from
    reinsurance contracts and SPVs, with a floor
    equal to zero, relating to non-life activities.
    C0040/R0160Non-proportional marine,
    aviation and transport
    reinsurance — Net (of
    reinsurance) written
    premiums in
    the last 12
    months — non-life
    activities    		These are the premiums written for non
    proportional marine, aviation and transport
    reinsurance during the (rolling) last 12
    months, after deduction of premiums for
    reinsurance contracts, with a floor equal to
    zero,
    relating to non-life activities. Amount of
    taxes or charges levied with premiums shall be
    excluded from the written premiums.
    C0050/R0160Non-proportional marine,
    aviation and transport
    reinsurance — Net (of
    reinsurance/SPV) best
    estimate and TP calculated
    as a whole — life activities    		These are the technical provisions for non
    proportional marine, aviation and transport
    reinsurance, without risk margin after
    deduction of the amounts recoverable from
    reinsurance contracts and SPVs, with a floor
    equal to zero, relating to life activities.
    C0060/R0160Non-proportional marine,
    aviation and transport
    reinsurance — Net (of    		These are the premiums written for non
    proportional marine, aviation and transport
    reinsurance during the (rolling) last 12
    reinsurance) written
    premiums in the last 12
    months — life activities    		months, after deduction of premiums for
    reinsurance contracts, with a floor equal to
    zero, relating to life activities. Amount of
    taxes or
    charges levied with premiums shall be
    excluded from the written premiums.
    C0030/R0170Non-proportional property
    reinsurance — Net (of
    reinsurance/SPV) best
    estimate and TP calculated
    as a whole — non-life
    activities    		These are the technical provisions for
    non
    proportional property reinsurance, without risk
    margin after deduction of the amounts
    recoverable from reinsurance contracts and
    SPVs, with a floor equal to zero, relating to
    non-life activities.
    C0040/R0170Non-proportional property
    reinsurance — Net (of
    reinsurance) written
    premiums in the last 12
    months — non-life
    activities    		These are the premiums written for non
    proportional property reinsurance during the
    (rolling) last 12 months, after deduction of
    premiums for reinsurance contracts, with a
    floor equal to zero, relating to non-life
    activities. Amount of taxes or charges levied
    with premiums shall be excluded from the
    written premiums.
    C0050/R0170Non-proportional property
    reinsurance — Net (of
    reinsurance/SPV) best
    estimate and TP calculated
    as a whole — life activities    		These are the technical provisions for non
    proportional property reinsurance, without risk
    margin after deduction of the amounts
    recoverable from reinsurance contracts and
    SPVs, with a floor equal to zero, relating to
    life activities.
    C0060/R0170Non-proportional property
    reinsurance — Net (of
    reinsurance) written
    premiums in the last 12
    months — life activities    		These are the premiums written for non
    proportional property reinsurance during the
    (rolling) last 12 months, after deduction of
    premiums for reinsurance contracts, with a
    floor equal to zero, relating to life activities.
    Amount of taxes or charges levied with
    premiums shall be excluded from the written
    premiums.
    C0070/R0200Linear Formula component
    for life insurance and
    reinsurance obligations
    MCR(L,NL)
    Result    		This is the linear formula component for life
    insurance and reinsurance obligations relating
    to non-life insurance activities calculated in
    accordance with Article 252 (4) and (5) of
    Delegated Regulation (EU) 2015/35.
    C0080/R0200Linear Formula component
    for life insurance and    		This is the linear formula component for life
    insurance and reinsurance obligations relating
    to life insurance activities calculated in
    reinsurance obligations
    MCR(L,L)
    Result    		accordance with Article 252 (9) and (10) of
    Delegated Regulation (EU) 2015/35.
    C0090/R0210Obligations with profit
    participation — guaranteed
    benefits — Net (of
    reinsurance/SPV) best
    estimate and TP calculated
    as a whole — non-life
    activities    		These are the technical provisions without a
    risk margin for guaranteed benefits in respect
    of life insurance obligations with profit
    participation, after deduction of the amounts
    recoverable from reinsurance contracts and
    SPVs, with a floor equal to zero, relating to
    non-life activities and technical provisions
    without a risk margin for reinsurance
    obligations where the underlying insurance
    obligations include profit participation, after
    deduction of the amounts recoverable from
    reinsurance contracts and SPVs, with a floor
    equal to zero, relating to non-life activities.
    C0110/R0210Obligations with profit
    participation — guaranteed
    benefits — Net (of
    reinsurance/SPV) best
    estimate and TP calculated
    as a whole — life activities    		These are the technical provisions without a
    risk margin for guaranteed benefits in respect
    of life insurance obligations with profit
    participation, after deduction of the amounts
    recoverable from reinsurance contracts and
    SPVs, with a floor equal to zero, relating to
    life activities and technical provisions without
    a risk margin for reinsurance obligations
    where the underlying insurance obligations
    include profit participation, after deduction of
    the amounts recoverable from reinsurance
    contracts and SPVs, with a floor equal to zero,
    relating to life activities.
    C0090/R0220Obligations with profit
    participation — future
    discretionary benefits — Net (of reinsurance/SPV)
    best estimate and TP
    calculated as a whole — non-life activities    		These are the technical provisions without a
    risk margin for future discretionary benefits in
    respect of life insurance obligations with profit
    participation, after deduction of the amounts
    recoverable from reinsurance contracts and
    SPVs, with a floor equal to zero, relating to
    non-life activities.
    C0110/R0220Obligations with profit
    participation — future
    discretionary benefits — Net (of reinsurance/SPV)
    best estimate and TP
    calculated as a whole — life activities    		These are the technical provisions without a
    risk margin for future discretionary benefits in
    respect of life insurance obligations with profit
    participation, after deduction of the amounts
    recoverable from reinsurance contracts and
    SPVs, with a floor equal to zero, relating to
    life activities.
    C0090/R0230Index-linked and unit
    linked insurance
    obligations — Net (of
    reinsurance/SPV) best
    estimate and TP calculated
    as a whole — non-life
    activities    		These are the technical provisions without a
    risk margin for index-linked and unit-linked
    life insurance obligations and reinsurance
    obligations relating to such insurance
    obligations, after deduction of the amounts
    recoverable from reinsurance contracts and
    SPVs, with a floor equal to zero, relating to
    non-life activities.
    C0110/R0230Index-linked and unit
    linked insurance
    obligations — Net (of
    reinsurance/SPV) best
    estimate and TP calculated
    as a whole — life activities    		These are the technical provisions without a
    risk margin for index-linked and unit-linked
    life insurance obligations and reinsurance
    obligations relating to such insurance
    obligations, after deduction of the amounts
    recoverable from reinsurance contracts and
    SPVs, with a floor equal to zero, relating to
    life activities.
    C0090/R0240Other life (re)insurance and
    health (re)insurance
    obligations — Net (of
    reinsurance/SPV) best
    estimate and TP calculated
    as a whole — non-life
    activities    		These are the technical provisions without a
    risk margin for other life insurance obligations
    and reinsurance obligations relating to such
    insurance obligations, after deduction of the
    amounts recoverable from reinsurance
    contracts and SPV, with a floor equal to zero,
    relating to non-life activities.
    C0110/R0240Other life (re)insurance and
    health (re)insurance
    obligations — Net (of
    reinsurance/SPV) best
    estimate and TP calculated
    as a whole — life activities    		These are the technical provisions without a
    risk margin for other life insurance obligations
    and reinsurance obligations relating to such
    insurance obligations, after deduction of the
    amounts recoverable from reinsurance
    contracts and SPV, with a floor equal to zero,
    relating to life activities.
    C0100/R0250Total capital at risk for all
    life (re)insurance
    obligations — Net (of
    reinsurance/SPV) total
    capital at risk — non-life
    activities    		This is the total capital at risk,
    being the sum
    over all contracts that give rise to life
    insurance or reinsurance obligations of the
    highest amounts that the insurance
    undertaking would pay in the event of the
    death or disability of the persons insured under
    the contract after deduction of the amounts
    recoverable from reinsurance contracts and
    special purpose vehicles in such event, and the
    expected present value of annuities payable on
    death or disability less the net best estimate,
    with a floor equal to zero, relating to non-life
    activities.
    C0120/R0250Total capital at risk for all
    life (re)insurance
    obligations — Net (of
    reinsurance/SPV) total
    capital at risk — life
    activities    		This is the total capital at risk, being the sum
    over all contracts that give rise to life
    insurance or reinsurance obligations of the
    highest amounts that the insurance
    undertaking would pay in the event of the
    death or disability of the persons insured under
    the contract after deduction of the amounts
    recoverable from reinsurance contracts and
    special purpose vehicles in such event, and the
    expected present value of annuities payable on
    death or disability less the net best estimate,
    with a floor equal to zero, relating to life
    activities.
    C0130/R0300Overall MCR calculation
    — Linear MCR    		The linear Minimum Capital Requirement
    shall equal to the sum of the MCR linear
    formula component for non-life insurance and
    reinsurance and the MCR linear formula
    component for life insurance and reinsurance
    obligations calculated in accordance with
    Article 249 of Delegated Regulation (EU)
    2015/35.
    C0130/R0310Overall MCR calculation
    — SCR    		This is the latest SCR to be calculated and
    reported in accordance with Articles 103 to
    127 of Directive 2009/138/EC, either the
    annual one or a more recent one in case the
    SCR has been recalculated (e.g. due to a
    change in risk profile), including capital add
    on. Undertakings using internal model or
    partial internal model to calculate the
    SCR
    shall refer to the relevant SCR, except where
    under Article 129(3) of Directive
    2009/138/EC the national supervisor requires
    a reference to the standard formula.
    C0130/R0320Overall MCR calculation
    — MCR cap    		This is calculated as 45 % of the SCR
    including any capital add-on in accordance
    with Article 129(3) of Directive 2009/138/EC.
    C0130/R0330Overall MCR calculation
    — MCR floor    		This is calculated as 25 % of the SCR
    including any capital add-on in accordance
    with Article 129(3) of Directive 2009/138/EC.
    C0130/R0340Overall MCR calculation
    — Combined MCR    		This is the result of the formula component
    calculated in accordance with Article 248 (2)
    of Delegated Regulation (EU) 2015/35.
    C0130/R0350
    C0130/R0400    		Overall MCR calculation
    — Absolute floor of the
    MCR
    Minimum Capital
    Requirement    		This is calculated as defined in Article 129(1)d
    of Directive 2009/138/EC
    and Article 253 of
    the Delegated Regulation (EU) 2015/35.
    This is the result of the formula component
    calculated in accordance with Article 248 (1)
    of Delegated Regulation (EU) 2015/35.
    C0140/R0500Notional non-life and life
    MCR calculation — Notional linear MCR — non-life activities    		This is calculated in accordance with Article
    252 (3) of Delegated Regulation (EU)
    2015/35.
    C0150/R0500Notional non-life and life
    MCR calculation — Notional linear MCR -life
    activities    		This is calculated in accordance with Article
    252 (9) of Delegated Regulation (EU)
    2015/35.
    C0140/R0510Notional non-life and life
    MCR calculation — Notional SCR excluding
    add-on (annual or latest
    calculation) — non-life
    activities    		This is the latest notional SCR to be calculated
    and reported in accordance with in accordance
    with Articles 103 to 127 of Directive
    2009/138/EC, either the annual one or a more
    recent one in case the notional SCR has been
    recalculated (e.g. due to a change in risk
    profile), excluding capital add-on.
    Undertakings using internal model or partial
    internal model to calculate the SCR shall refer
    to the relevant SCR, except where under
    Article 129(3) of Directive 2009/138/EC the
    national supervisor requires a reference to the
    standard formula.
    C0150/R0510Notional non-life and life
    MCR calculation — Notional SCR excluding
    add-on (annual or latest
    calculation) -life activities    		This is the latest notional SCR to be calculated
    and reported in accordance with in accordance
    with Articles 103 to 127 of Directive
    2009/138/EC, either the annual one or a more
    recent one in case the notional SCR has been
    recalculated (e.g. due to a change in risk
    profile), excluding capital add-on.
    Undertakings using internal model or partial
    internal model to calculate the SCR shall refer
    to the relevant SCR, except where under
    Article 129(3) of Directive 2009/138/EC the
    national supervisor requires a reference to the
    standard formula.
    C0140/R0520Notional non-life and life
    MCR calculation — Notional MCR cap — non
    life activities    		This is calculated as 45 % of the notional non
    life SCR including the non-life capital add-on
    in accordance with Article 129 (3) of Directive
    2009/138/EC.
    C0150/R0520Notional non-life and life
    MCR calculation — Notional MCR cap -life
    activities    		This is calculated as 45 % of the notional life
    SCR including the life capital add-on in
    accordance with Article 129 (3) of Directive
    2009/138/EC.
    C0140/R0530Notional non-life and life
    MCR calculation — Notional MCR floor — non-life activities    		This is calculated as 25 % of the notional non
    life SCR including the non-life capital add-on
    in accordance with Article 129 (3) of Directive
    2009/138/EC.
    C0150/R0530Notional non-life and life
    MCR calculation — Notional MCR floor -life
    activities    		This is calculated as 25 % of the notional life
    SCR including the life capital add-on in
    accordance with Article 129 (3) of Directive
    2009/138/EC.
    C0140/R0540Notional non-life and life
    MCR calculation — Notional Combined MCR
    — non-life activities    		This is calculated in accordance with Article
    252 (3) of Delegated Regulation (EU)
    2015/35.
    C0150/R0540Notional non-life and life
    MCR calculation — Notional Combined MCR -
    life activities    		This is calculated in accordance with Article
    252 (8) of Delegated Regulation (EU)
    2015/35.
    C0140/R0550Notional non-life and life
    MCR calculation — Absolute floor of the
    notional MCR — non-life
    activities    		This is the amount defined in Article
    129(1)(d)(i) of Directive 2009/138/EC before
    considering Article 253 of the Delegated
    Regulation (EU) 2015/35.
    C0150/R0550Notional non-life and life
    MCR calculation — Absolute floor of the
    notional MCR — life
    activities    		This is the amount defined
    in Article
    129(1)(d)(ii) Directive 2009/138/EC before
    considering Article 253 of the Delegated
    Regulation (EU) 2015/35.
    C0140/R0560Notional non-life and life
    MCR calculation — Notional MCR — non-life
    activities    		This is the notional non-life MCR calculated
    in accordance with Article 252 (2) of
    Delegated Regulation (EU) 2015/35.
    C0150/R0560Notional non-life and life
    MCR calculation — Notional MCR — life
    activities    		This is the notional life MCR calculated in
    accordance with Article 252 (7) of Delegated
    Regulation (EU) 2015/35.
    ————-—————————————————————————————–————————————————————————————————————————-