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S.14.02 — Non-Life obligation analysis

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S.14.02 — Non-Life obligation analysis

General comments:

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

This template includes information about non-life insurance contracts only to direct business. No information has to be provided for accepted reinsurance business.

Columns C0010 to C0120 shall be reported by line of business with the exceptions indicated below where further breakdown by product categories is envisaged as defined in C0020.

ITEM INSTRUCTIONS
Portfolio
C0010 Line of Business (1
to 12)
Line of business as defined in Annex 1 of Delegated
Regulation (EU) 2015/35. Information on products,
unless otherwise specified in C0020, should not be
disaggregated but reported under the main line of
business.
All
non-life
insurance
products
commercialized should be reported under the line of
business which best corresponds to the main product
characteristics,
taking
into
account
the
product
characteristics and main risks covered by the product.
For
modular
products,
the
products
should
be
unbundled and information for each product forming
the bundle should be reported under the line of
business
which
best
corresponds
to
the
main
characteristics:
The following list shall be used:
1 -
Medical expense insurance
2 -
Income protection insurance
3 -
Workers’ compensation insurance
4 -
Motor vehicle liability insurance
5 -
Other motor insurance
6 -
Marine, aviation and transport insurance
7 -
Fire and other damage to property insurance
8 -
General liability insurance
9 -
Credit and suretyship insurance
10 -
Legal expenses insurance
11 -
Assistance
12 -
Miscellaneous financial loss
C0020 Of which Product
category
For non-life insurance products falling under one of the
product categories in the closed
list below information
should be reported in a separate row:
7.1
Fire and other damage to property, of which
Natural
catastrophe
insurance:
Products
covering
damages to properties and people caused by natural
forces including earthquake, floods, storm, hail, frost,
drought.
11.1 Assistance, of which Travel insurance: Products
covering unforeseen losses incurred while
travelling
such as coverage for trip cancellation,
lost luggage,
flight delays and/or medical expenses while on travel
12.1
Miscellaneous
financial loss, of which Business
Interruption: Products covering business interruption,
closure of business, or any financial loss of such nature
regardless of whether physical damages on an insured
property
are
required
(e.g.
business
interruption
referring to coverage for property damage arising from
storm or flood; business closure covering damage for
temporary closure of shops due to administrative
actions or health authorities’ decisions)
12.2 Miscellaneous financial loss, of which Payment
protection
insurance: Products covering the event of
not being able to meet the financial obligations of a
mortgage, loan or any credit facilities for any reason
excluding death.
C0030 For
the
products
commercialised
under this product
category/LOB,
which
proportion
(measured by gross
written premiums)
covers
climate
related perils? (0-
100)
Climate-related
perils
includes
events
such
as
flooding, heat waves, landslides, droughts or wildfires
for example). Considering that under one line of
business there could be multiple products some
covering and other not covering climate related perils,
please report here the percentage of products in this
category (measured by gross written premiums) that
covers at least one aspect of climate-related perils,
between 0 and 100.
C0040 If
the
product
covers
climate
related perils does
the product design
make allowance for
risk-prevention
measures?
(Yes/No/Not
applicable)
If this line of business contains at least one product that
covers at least one aspect of climate-related perils,
please indicate with ‘Yes’ or ‘No’ if some of these
products include risk-prevention measures in their
design.
Prevention measures in this context refers to things
such as financial incentives for the policyholder to
mitigate the underlying insured risk (e.g. through
rebates on premiums or lower deductibles) or tailored
risk expertise provided by the insurer to advise the

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policyholder on the available risk mitigation measures
to implement.
C0050 Number
of
contracts at the end
of the year
Number of contracts attached to each product falling
under the relevant line of business. Contracts with
more than one policyholder count as only one contract.
In case of inactive policyholders (no premium paid) the
contract shall be reported anyway unless the contract
is cancelled.
C0060 Number
of
new
contracts
during
year
Number of new contracts during reporting year (this is
for all new contracts including those that are renewed).
New contract refer to contract written during the year
with respect to other ongoing contracts written in
previous years.
Contracts with more than one policyholder count as
only one contract.
In case of inactive policyholders (no premium paid) the
contract shall be reported anyway unless the contract
is cancelled.
C0070 Total
amount
of
Gross
Written
premiums -
written
directly
by
the
insurance
undertaking
Total amount of gross written premiums as defined in
Article 1(11) of Delegated Regulation (EU) 2015/35
written directly by the insurance undertaking.
C0080 Total
amount
of
Gross
Written
premiums -
written
via
credit
institutions
Total amount of gross written premiums as defined in
Article 1(11) of Delegated Regulation (EU) 2015/35
written via credit institutions acting as insurance
distributors.
C0090 Total
amount
of
Gross
Written
premiums -
written
via
insurance
distributors
other
than
credit
institutions
Total amount of gross written premiums as defined in
Article 1(11) of Delegated Regulation (EU) 2015/35
written via insurance distributors other than credit
institutions.
C0100 Total
amount
of
commissions
paid
during year
Commissions should include any form of monetary
benefits which is paid to an insurance distributor by
any other person than the customer or a third party
acting on behalf of the customer, in relation to

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insurance
distribution
activities.
Whereas
commissions are generally calculated as a percentage
of the premium paid by the customer for insurance
coverage, this applies for any type of payment made to
an insurance distributor (e.g., paid/received initially
based on the conclusion of an insurance contract or
paid/received on a recurring basis).
C0110 Total
amount
of
claims paid during
the year
Claims paid during the year related to the sum of the
direct business.
This shall not include changes in provisions for claims
that have not yet been paid and exclude claims
management expenses and the movement in provisions
in claims management expenses.
C0120 Country Country ISO 3166–1 alpha–2 code or list of codes
according to the following instructions:
-
ISO 3166–1 alpha–2 code of the country where the
contract was entered into, for countries representing
more than 10 % of technical provisions or written
premiums for a given product.
-
for countries representing less than 10 % of Technical
Provisions or written premiums for a given product,
report a list of ISO 3166–1 alpha–2 Codes of the
countries concerned.
Information on number of insured
C0130 Number of insured
at the end of the
year
For products falling under line of business 1 and
product categories 11.1 and 12.2 report the
total
number of insured for contracts reported under C0050.
C0140 Number of insured
properties
at
the
end of the year
For products falling under line of business 4 and 5
report the
total number of insured properties for
contracts reported under C0050.