SolvencyTool logo
    Home / Acts & Regulations / Reporting explanations / S.29.04 — Detailed analysis per period — Technical flows versus Technical provisions (Solo)

    S.29.04 — Detailed analysis per period — Technical flows versus Technical provisions Solo

    EIOPA Taxonomy 2.8.0 Source PDF

    S.29.04 — Detailed analysis per period — Technical flows versus Technical provisions PDF · reporting-explanations/EIOPA_Solvency_II/2.8.0/EIOPA_S.29.04_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.29.04 — Detailed analysis per period — Technical flows versus Technical provisions

    General comments:

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

    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. Applying this definition means that written premiums in the given year are the premiums actually due to be received in that year, regardless of the coverage period. The definition of written premiums is consistent with the definition of ‘premium receivables’.

    Undertakings are required to report data on an accident year or underwriting year basis, in accordance with any requirements of the National Supervisory Authority. If the National Supervisory Authority has not stipulated which to use then the undertaking may use accident or underwriting year according to how they manage each line of business, provided that they use the same year consistently, year on year.

    As regards the split per Lines of business for the analysis per period, line of business, as defined in Annex I to Delegated Regulation (EU) 2015/35, shall refer to both direct business and accepted proportional reinsurance.

    ITEMINSTRUCTIONS
    Z0010Lines of
    Business    		Lines of business (LoB) for which a split of the analysis
    per period will be required. The following close list shall
    be used:
    1 — 1 and 13 Medical expense insurance
    2 — 2 and 14 Income protection insurance
    3 — 3 and 15 Workers’ compensation insurance
    4 — 4 and 16 Motor vehicle liability insurance
    5 — 5 and 17 Other motor insurance
    6 — 6 and 18 Marine, aviation and transport insurance
    7 — 7 and 19 Fire and other damage to property insurance
    8 — 8 and 20 General liability insurance
    9 — 9 and 21 Credit and suretyship insurance
    10 — 10 and 22 Legal expenses insurance
    11 — 11 and 23 Assistance
    12 — 12 and 24 Miscellaneous financial loss
    25 — Non-proportional health reinsurance
    26 — Non-proportional casualty reinsurance
    27 — Non-proportional marine, aviation and transport
    reinsurance
    28 — Non-proportional property reinsurance
    37 — Life (including lines of business 30, 31, 32, 34 and
    36, as defined in Annex I to Delegated Regulation (EU)
    2015/35)
    38 — Health SLT (including lines of business 29, 33 and
    35)
    Detailed analysis
    per period — Technical flows
    versus Technical
    provisions — UWY
    Risks accepted
    during period
    C0010/R0010Written
    premiums
    underwritte
    n during
    period    		Part of the written premiums during the period that
    corresponds to contracts underwritten during the year.
    Allocation keys may be used to identify this part of the
    total written premiums under Solvency II affected to
    contracts underwritten during the year.
    C0010/R0020Claims and
    benefits — net of
    salvages
    and
    subrogation
    s recovered    		Part of the claims and benefits, net of salvages and
    subrogations during the period that corresponds to risks
    accepted during the period.
    Allocation keys may be used to identify this part of the
    total claims, as long as this reconciles at the end to total
    claims and benefits net of salvages and subrogations as
    reported in C0100/R0320 from S.29.03 and C0110/R0320
    from S.29.03.
    C0010/R0030Expenses
    (related to
    insurance
    and
    reinsurance
    obligations)    		Part of the expenses during the period that corresponds to
    risks accepted during the period.
    Allocation keys may be used to identify this part of the
    total expenses, as long as this reconciles at the end to total
    expenses as reported in C0100/R0330 from template
    S.29.03 plus C0110/R0330 from template S.29.03.
    C0010/R0040Variation of
    Best
    Estimate    		Corresponds to the variation of Best Estimate for risk
    accepted during the period.
    C0010/R0050Variation of
    Technical
    Provisions
    as a whole    		Part of TP calculated as a whole corresponding to risks
    accepted during period.
    Allocation keys may be used to identify this part of the
    total variation of TP calculated as a whole, as long as this
    reconciles at the end to total.
    C0010/R0060Net
    variation
    for index
    linked and
    unit-linked
    business    		Amount shall represent the net variation, in Balance Sheet,
    of the Assets held for index-linked and unit-linked funds
    and of technical provisions – index-linked and unit-linked
    (calculated as best estimate and risk margin or calculate as
    a whole).
    C0010/R0070TotalTotal impact from risks accepted during period — gross of
    reinsurance).
    Risks accepted
    prior to period
    C0020/R0010    		Written
    premiums
    on contract
    underwritte
    n during
    period    		Part of the written premiums during the period that
    corresponds to contracts underwritten prior to period.
    See instructions on C0010/R0010.
    C0020/R0020Claims and
    benefits — net of
    salvages
    and
    subrogation
    s recovered    		Part of the claims and benefits, net of salvages and
    subrogations during the period that corresponds to risks
    accepted prior to period.
    See instructions on C0010/R0020.
    C0020/R0030Expenses
    (related to
    insurance
    and
    reinsurance
    obligations)    		Part of the expenses during the period that corresponds to
    risks accepted prior to period.
    See instructions on C0010/R0030.
    C0020/R0040Variation of
    BE    		Variation of BE due to year N projected in and out flows – risks accepted prior to period (gross of reinsurance)
    Total for all reported line of business, as defined in
    Annex
    I to Delegated Regulation (EU) 2015/35, shall
    correspond to the sum of cells C0010/R0060
    to
    C0010/R0100 from template S.29.03 and C0020/R0060 to
    C0020/R0100 from template S.29.03.
    C0020/R0050Variation of
    Technical
    Provisions
    as a whole    		Part of TP calculated as a whole corresponding to risks
    accepted prior to period.
    See instructions on C0010/R0050.
    C0020/R0060Net
    variation
    for index
    linked and
    unit-linked
    business    		See instructions on C0010/R0060.
    C0020/R0070TotalTotal of changes related to risks accepted to prior, gross of
    reinsurance.
    Detailed analysis
    per period — Technical flows
    versus Technical
    provisions — AY
    Risks covered
    after the period
    C0030/R0080Written
    premiums    		Corresponds to part of written premiums
    related to risks
    covered after the period, i.e. premiums to be earned after
    the period.
    In addition, allocation keys may be used to identify this
    part of the premiums affected to risks covered after the
    period.
    C0030/R0090Claims and
    benefits — net of
    salvages
    and
    subrogation
    s recovered    		Corresponds to part of claims and benefits, net of salvages
    and subrogations related to risks covered after the period
    (theoretically at nil).
    See instructions on C0010/R0020.
    C0030/R0100Expenses
    (related to
    insurance
    and    		Part of the expenses during the period that corresponds to
    risks covered after the period.
    See instructions on C0010/R0030.
    reinsurance
    obligations)
    C0030/R0110Variation of
    Best
    Estimate    		This variation of BE shall correspond to the sum of cells
    C0050/R0190 from template S.29.03 and C0060/R0190
    from template S.29.03. if the analysis in S.29.03 is
    performed on a line of business basis.
    The amount refers to changes in (part of) Premiums
    Provisions
    (i.e. in relation to all recognised obligations
    within the boundary of the contract at the valuation date
    where the claim has not yet occurred) as follows:
    – Identify the part of premiums provisions at end of
    year (N) related to a coverage period starting after
    the closing year-end N
    – Identify the part of premiums provisions at the end
    of year (N – 1) related to a coverage period starting
    after the closing year-end N (i.e. in case of
    premiums provisions in relation to obligations on
    more than one future reporting period)
    In case Premiums Provisions at year end (N – 1) includes
    amount for which claims occurred during year N, this
    amount shall not be considered in Variation of BE on risks
    covered after the period, but, instead in Variation of BE on
    risks covered
    during the period, as this provision turned to
    Claims provisions.
    C0030/R0120Variation of
    Technical
    Provisions
    as a whole    		Part of TP calculated as a whole corresponding to risks
    covered after the period.
    See instructions on C0010/R0050.
    C0030/R0130Net
    variation
    for index
    linked and
    unit-linked
    business    		This cell is deemed not applicable for Non-Life
    See instructions on C0010/R0060.
    C0030/R0140TotalTotal changes related to risks covered after the period,
    gross of reinsurance.
    Risks covered
    during the period
    C0040/R0080Written
    premiums    		Corresponds to part of written premiums related to risks
    covered during the period, i.e. earned premiums under
    Solvency II principles.
    In addition, allocation keys may be used to identify this
    part of the premiums affected to risks covered after the
    period.
    C0040/R0090Claims and
    benefits — net of
    salvages
    and
    subrogation
    s recovered    		Corresponds to part of claims and benefits, net of salvages
    and subrogations related to risks covered during the period.
    See instructions on C0010/R0020.
    C0040/R0100Expenses
    (related to
    insurance
    and
    reinsurance
    obligations)    		Part of the expenses during the period that corresponds to
    risks covered during the period.
    See instructions on C0010/R0030.
    C0040/R0110Variation of
    Best
    Estimate    		Amount of the variation of best estimate for the risks
    covered during the period.
    For risks covered during the period: this variation of BE
    shall correspond to the sum of cells C0050/R0200 from
    template S.29.03 and C0060/R0200 from template S.29.03.
    if the analysis in S.29.03 is performed on a line of business
    basis.
    The amount refers to the following cases:
    a)
    Premiums Provisions at Year end N–1 which
    turned to Claims Provisions at year end N because
    claim has occurred during the period
    b)
    Claims provisions related to claims occurred
    during
    the
    period
    (for
    which
    there
    was
    no
    Premiums provisions at year end N – 1)
    Calculation may be as follows:
    – Identify the part of claims provisions at year-end
    (N) related to risks covered during the period.
    – Identify the part of premiums provisions at year
    end (N – 1) related to risks covered during the
    period.
    Derive the variation from the two figures.
    C0040/R0120Variation of
    Technical
    Provisions
    as a whole    		Part of TP calculated as a whole corresponding to risks
    covered during period.
    See instructions on C0010/R0050.
    C0040/R0130Net
    variation
    for index
    linked and
    unit-linked
    business    		This cell is deemed not applicable for Non-Life
    See instructions on C0010/R0060.
    C0040/R0140TotalTotal changes related to risks covered during period, gross
    of reinsurance.
    Risks covered
    prior to period
    C0050/R0080    		Written
    premiums    		Corresponds to part of written premiums related to risks
    covered prior to the period, i.e. earned premiums under
    Solvency II principles (when the premium is only due after
    the coverage period).
    In addition, allocation keys may be used to identify this
    part of the premiums.
    C0050/R0090Claims and
    benefits — net of
    salvages
    and
    subrogation
    s recovered    		Corresponds to part of claims and benefits, net of salvages
    and subrogations related to risks covered prior to the
    period.
    See instructions on C0010/R0020.
    C0050/R0100Expenses
    (related to
    insurance
    and
    reinsurance
    obligations)    		Part of the expenses during the period that corresponds to
    risks covered prior to the period.
    See instructions on C0010/R0030.
    C0050/R0110Variation of
    Best
    Estimate    		For risks covered prior to period corresponds to year N
    projected in and out technical flows for risks accepted prior
    to period. For risks covered prior to the period this
    variation of BE shall correspond to the sum of cells
    R0210/C0050-C0060 to R0250/C0050–C0060 from
    template S.29.03
    if the analysis in S.29.03 is performed on
    a line of business basis.
    The calculation may be as follows:
    – Consider part of the Opening Best Estimate related
    to risks covered prior to period, i.e. Opening Best
    Estimate excluding Premiums provisions;
    – Isolate the amount of cash flows (cash in minus
    cash out) that were projected within this opening
    Best Estimate for the period considered;
    – This isolated amount of cash flow shall come in
    addition
    to
    Opening
    Best
    Estimate
    (for
    neutralisation effect).
    C0050/R0120Variation of
    Technical
    Provisions
    as a whole    		Part of technical provisions as a whole corresponding to
    risks covered prior to period.
    See comment on C0010/R0050
    C0050/R0130Net
    variation
    for index
    linked and
    unit-linked
    business    		This cell is deemed not applicable for Non-Life
    See instructions on C0010/R0060.
    C0050/R0140TotalTotal changes related to risks covered prior to period, gross
    of reinsurance.