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    S.30.04 — Outgoing Reinsurance Program shares data Solo

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    S.30.04 — Outgoing Reinsurance Program shares data PDF · reporting-explanations/EIOPA_Solvency_II/2.8.0/EIOPA_S.30.04_solo.pdf
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    Converted from the official instructions so it can be searched and copied. The PDF above is the document of record.

    S.30.04 — Outgoing Reinsurance Program shares data

    General comments:

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

    This template is relevant to insurance and reinsurance undertakings with an outgoing; reinsurance and/or retrocession program including any coverage provided by State backed reinsurance pool arrangements, excluding facultative covers.

    This template shall be filled by the insurance and reinsurance undertaking which is transferring underwriting risk to the reinsurers through a reinsurance treaty whose period of validity includes or overlaps the next reporting year and are known when filling the template. If reinsurance strategy changes materially after that date or if the renovation of the reinsurance contracts are performed later than the reporting date and before next 1 January, the information on this template shall be re-submitted when adequate.

    This template should only be reported if the reinsurance recoverables are higher than 10% of the Best Estimate calculated separately for life and non-life business.

    ITEMINSTRUCTIONS
    C0010Reinsurance
    program code    		Unique code (undertaking specific) covering all the
    individual reinsurance placements and/or treaties which
    belong to the same reinsurance program.
    C0020Treaty
    identification
    code    		Treaty identification code that identifies it exclusively and
    must be maintained in subsequent reports, usually the
    original treaty number registered in the company’s books.
    C0030Progressive
    section number
    in treaty    		The progressive section number assigned by the
    undertaking to the various sections of the treaty, in those
    cases where the treaty, for example, covers more than one
    line of business, as defined in Annex I to Delegated
    Regulation (EU) 2015/35, or covers different lines of
    activity with different limits. Treaties with different
    conditions are considered different treaties for the
    submission of information and shall be reported in
    different sections. For different lines of business covered
    under the same treaty, the conditions referring to each line
    of business will be detailed separately under each section
    number. Treaties covering different type of reinsurance
    (e.g. one section on a Quota Share basis and another one
    on XL) in the same treaty shall be reported in different
    sections. Treaties covering different layers of the same
    program shall be reported in different sections.
    C0040Progressive
    number of
    surplus/layer in
    program    		The progressive surplus/layer number, when the treaty is
    part of a wider program.
    C0050Code reinsurerIdentification code of the reinsurer by this order of
    priority:
    *
    Legal Entity Identifier (LEI);
    *
    Specific code attributed by the undertaking
    In case a specific code is attributed by the undertaking, the
    code shall be unique for the specific reinsurer and shall
    not overlap with any other code, attributed by the
    undertaking or LEI code.
    C0060Type of code
    reinsurer    		Identification of the code used in item ‘Code reinsurer’.
    One of the options in the following closed list shall be
    used:
    1 — LEI
    2 — Specific
    code
    C0100Share reinsurer
    (%)    		Percentage of the reinsurance treaty accepted by reinsurer
    identified in item C0050, expressed as absolute
    percentage of the treaty placement.
    Percentages shall be reported as a decimal.
    C0110Exposure ceded
    for reinsurer’s
    share    		Amount of the exposure reinsured with the reinsurer. This
    amount is based on the maximum cover per risk/event and
    is calculated with the formula: Item Maximum cover per
    risk or event (reported in item C0230 of S.30.03) x Item
    Share reinsurer (%) (reported in item C0100 of S.30.04).
    If C0230 from S.30.03 is Unlimited fill this cell with ’ – 1’.
    C0120Type of
    collateral (if    		Type of collateral held. The following closed list shall be
    used:
    applicable)1 — Cash or equivalent in Trust
    2 — Cash or Funds Withheld
    3 — Letter of Credit
    4 — Other
    5 — None
    C0130Description of
    the reinsurers
    limit
    collateralised    		Description of the reinsurer limit collateralised referring
    to the specific item specified in the treaty (e.g. 90 % of the
    technical provisions or 90 % of the premiums), if
    applicable.
    C0140Code collateral
    provider (if
    applicable)    		Identification code using the Legal Entity Identifier (LEI)
    if available.
    If none is available this item shall not be reported.
    C0150Type of code of
    collateral
    provider    		Identification of the code used in item ‘Code collateral
    provider (if applicable)’:
    1 — LEI
    9 — None
    C0160Estimated
    outgoing
    reinsurance
    premium for
    reinsurer’s share    		The estimated gross reinsurance premium of the treaty, to
    be paid by the undertaking, according to the next
    reporting year (N+1) for the share of each reinsurer. This
    amount is calculated according to the following examples:
    Case 1: For Quota Share and Surplus; the share reported
    in item Share reinsurer (C0100) multiplied by item Gross
    Estimated Treaty Premium Income (C0160) reported in
    S.30.03;
    Case 2: For XL-treaties if the treaty is subject to a fixed
    rate; the rate reported in item XL rate 1 (C0360) as
    reported in S.30.03 multiplied by the item Estimated
    Subject premium income (C0150) reported in S.30.03
    multiplied by the share reported in item Share reinsurer
    (C0100).
    Case 3: For XL-treaties if the treaty is subject to a sliding
    rate; the rate reported in item XL rate 2 (C0370) as
    reported in S.30.03 multiplied
    by the item Estimated
    Subject premium income (C0150) reported in S.30.03
    multiplied by the share reported in item Share reinsurer
    (C0100).
    C0170AnnotationsDescription of cases where either the reinsurer’s
    participation is at conditions different from those of the
    standard facultative or treaty placement, or to provide any
    other information that the undertaking has to bring to the
    attention of the Supervisory Authority.
    Information
    on reinsurers
    and brokers
    C0180Code reinsurerIdentification code of
    the reinsurer by this order of
    priority:

    Legal Entity Identifier (LEI);

    Specific code attributed by the undertaking
    In case a specific code is attributed by the undertaking, the
    code shall be unique for the specific reinsurer and shall
    not overlap with any other code, attributed by the
    undertaking or LEI code.
    C0190Type of code
    reinsurer    		Identification of the code used in item ‘Code reinsurer’.
    One of the options in the following closed list shall be
    used:
    1 — LEI
    2 — Specific code
    C0200Legal name
    reinsurer    		Legal name of the reinsurer to whom the underwriting risk
    has been transferred. The official name of the risk-carrier
    reinsurer is stated in the reinsurance contract. It is not
    permitted to fill in the name of a reinsurance broker. Nor
    is it permitted to state a general or incomplete name as
    international reinsurers have several operating companies
    that may be based in different countries.
    In case of pooling arrangements, the name of the Pool (or
    Pool manager) can be filled only if the Pool is a legal
    entity.
    C0210Type of
    reinsurer    		Type of reinsurer to whom the underwriting risk has been
    transferred.
    The following closed list shall be used:
    1 — Direct Life insurer
    2 — Direct Non-life insurer
    3 — Direct Composite insurer
    4 — Captive insurance undertaking
    5 — Internal reinsurer (reinsurance undertaking which
    primary focus is to take risk from other insurance
    undertakings within the group)
    6 — External reinsurer (reinsurance undertaking that takes
    risks from undertakings other than from insurance
    undertakings within the group)
    7 — Captive reinsurance undertaking
    8 — Special purpose vehicle
    9 — Pool entity (where more than one insurance or
    reinsurance undertakings are involved)
    10 — State pool
    C0220Country of
    residency    		Identify the ISO 3166–1 alpha–2 code for the country
    where the reinsurer is legally authorised/licensed.
    C0230External rating
    assessment by
    nominated ECAI    		Rating of the reinsurer at the reporting reference date as
    provided by the nominated credit assessment institution
    (ECAI).
    If the rating is not available the item shall be left blank.
    This item is not applicable to reinsurers for which
    undertakings using internal model use internal ratings. If
    undertakings using internal model do not use internal
    rating, this item shall be reported.
    C0240Nominated
    ECAI    		Identify the credit assessment institution (ECAI) giving the
    external rating in C0230, by using the name of the
    ECAI as published on ESMA’s website. In case of
    ratings issued by subsidiaries of the ECAI please
    report the parent ECAI (the reference is to ESMA
    list of credit rating agencies registered or certified
    in
    accordance
    with
    Regulation
    (EC)
    No
    1060/2009 of the European Parliament and of the
    Council of 16 September 2009 on credit rating
    agencies).
    C0250Credit quality
    step    		Identify the credit quality step attributed to the reinsurer.
    The credit quality step shall reflect any readjustments to
    the credit quality made internally by the undertakings that
    use the standard formula
    This item is not applicable to reinsurers for which
    undertakings using internal model use internal ratings. If
    undertakings using internal model do not
    use internal
    rating, this item shall be reported.
    One of the options in the following closed list shall be
    used:
    0 — Credit quality step 0
    1 — Credit quality step 1
    2 — Credit quality step 2
    3 — Credit quality step 3
    4 — Credit quality step 4
    5 — Credit quality step 5
    6 — Credit quality step 6
    9 — No rating available
    C0260Internal ratingInternal rating of reinsurers for undertakings using
    internal model to the extent that the internal ratings are
    used in their internal modelling. If an internal model
    undertaking is using solely external ratings this item shall
    not be reported.
    C0320Collateral
    provider name    		Name of the collateral provider will depend on the type of
    collateral specified in C0120.
    – Where collateral is held
    in trust the collateral
    provider will be the Trust provider.
    – Where the collateral is on a Cash or Funds withheld
    basis this cell can remain blank.
    – Where the collateral is a Letters of Credit it will be
    the underlying Financial Institution providing this
    facility.
    – Where other report only if applicable.