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S.22.05 — Overall calculation of the transitional on technical provisions

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S.22.05 — Overall calculation of the transitional on technical provisions

General comments:

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

ITEM INSTRUCTIONS
C0010/R0010 Day 1 Solvency
II technical
provisions
Amount of technical provisions, subject to transitional
deduction to technical provisions, after deduction of the
amounts recoverable from reinsurance contracts and
special purpose vehicles, calculated in accordance with
Article 76 of Directive 2009/138/EC at the first date of the
application of the Directive 2009/138/EC. This calculation
shall consider all insurance and reinsurance obligations
existing at the first date of application of the Directive
2009/138/EC.
If a re–calculation was requested on the basis of Article
308d(3) of the Directive 2009/138/EC this calculation
shall consider only those insurance and reinsurance
obligations subject to the transitional and that still exist at
the recalculation reference date valued at the reporting
date (Solvency II value reducing the contracts not existing
anymore).
C0010/R0020 Technical
provisions
subject to
transitional
measure on
technical
provisions —
TP calculated
as a whole
Amount of the technical provisions calculated as a whole,
subject to transitional deduction to technical provisions,
after deduction of the amounts recoverable from
reinsurance contracts and special purpose vehicles,
calculated in accordance with Article 76 of Directive
2009/138/EC at the reporting date, before the application
of the transitional.
C0010/R0030 Technical
provisions
subject to
transitional
measure on
technical
Amount of the best estimate, subject to transitional
deduction to technical provisions, after deduction of the
amounts recoverable from reinsurance contracts and
special purpose vehicles, calculated in accordance with
Article 76 of Directive 2009/138/EC at the reporting date,
before the application of the transitional.
provisions —
Best estimate
If a re–calculation was requested on the basis of Article
308d(3) of Directive 2009/138/EC this calculation shall
consider only those insurance and reinsurance obligations
subject to the transitional and that
still exist at the
recalculation reference date valued at the reporting date
(Solvency II value minus contracts not existing anymore).
C0010/R0040 transitional
measure on
Amount of the Risk margin, subject to transitional
deduction to technical provisions, after deduction of the
technical
provisions —
Risk margin
amounts recoverable from reinsurance contracts and
special purpose vehicles, calculated in accordance with
Article 76 of Directive 2009/138/EC at the reporting date,
before the application of the transitional.
If a re–calculation was requested on the
basis of Article
308d(3) of
Directive 2009/138/EC this calculation shall
consider only those insurance and reinsurance obligations
subject to the transitional and that still exist at the
recalculation reference date valued at the reporting date
(Solvency II value minus contracts not existing anymore).
C0010/R0050 Technical
provisions
subject to
transitional
measure on
technical
provisions —
Solvency I
technical
provisions
Amount of technical provisions, subject to transitional
deduction to technical provisions, after deduction of the
amounts recoverable from reinsurance contracts
calculated in accordance with the laws, regulations and
administrative provisions which are adopted pursuant to
Article 15 of Directive 73/239/EEC, Article 20 of
Directive 2002/83/EC and Article 32 of Directive
2005/68/EC on the day before those Directives are
repealed pursuant to Article 310 of Directive
2009/138/EC.
If a re–calculation was requested on the basis of Article
308d(3) of
Directive 2009/138/EC this calculation shall
consider only those insurance and reinsurance obligations
existing at the recalculation reference date.
C0010/R0060 Technical
provisions
subject to
transitional
measure on
Percentage (in decimals) of the portion of the difference
adjusted.
The maximum portion deductible shall decrease linearly
at the end of each year from 1 during the year starting
technical
provisions —
Portion of the
difference
adjusted
from 1 January 2016 to 0 on
1 January 2032.
C0010/R0070 Adjustment to
technical
provisions after
any limitation
applied in
accordance
with Article
308d(4)
Amount of the adjustment to the technical provisions after
any limitation applied in accordance with
Article 308d(4)
of
Directive 2009/138/EC, if applicable.
If no limitation the amount calculated as R0060*(R0010-
R0050) shall be reported.
C0010/R0080 Technical
provision after
transitional on
Amount of technical provisions, subject to transitional
deduction to technical provisions, after transitional
deduction to technical provisions.
77 Solvency II software
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toohnigal
technical
nrollicions
provisions
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