Z0020

Ring–fenced fund or remaining part

Identifies whether the reported figures are with regard to a RFF or to the remaining part. One of the options in the following closed list shall be used:

• 1 — RFF

• 2 — Remaining part

Z0030

Fund number

When item Z0020 = 1, this is a unique number of fund, as attributed by the undertaking. It shall remain unvarying over time. It shall not be re–used for any other fund.

F2The number shall be used consistently across all templates, where relevant, to identify that fund.

When item Z0020 = 2, then report ‘0’

C0020/R0010

Goodwill

Intangible asset that arises as the result of a business combination and that represents the economic value of assets that cannot be individually identified or separately recognised in a business combination.

C0020/R0020

Deferred acquisition costs

Acquisition costs relating to contracts in force at the balance sheet date which are carried forward from one reporting period to subsequent reporting periods, relating to the unexpired periods of risks. In relation to life business, acquisition costs are deferred when it is probable that they will be recovered.

C0010–C0020/R0030

Intangible assets

Intangible assets other than goodwill. An identifiable non–monetary asset without physical substance.

C0010–C0020/R0040

Deferred tax assets

Deferred tax assets are the amounts of income taxes recoverable in future periods in respect of:

1. (a)

   deductible temporary differences;

2. (b)

   the carryforward of unused tax losses; and/or

3. (c)

   the carryforward of unused tax credits.

C0010–C0020/R0050

Pension benefit surplus

This is the total of net surplus related to employees' pension scheme.

C0010–C0020/R0060

Property, plant & equipment held for own use

Tangible assets which are intended for permanent use and property held by the undertaking for own use. It includes also property for own use under construction.

C0010–C0020/R0070

Investments (other than assets held for index–linked and unit–linked contracts)

This is the total amount of investments, excluding assets held for index–linked and unit–linked contracts.

C0010–C0020/R0080

Property (other than for own use)

Amount of the property, other than for own use. It includes also property under construction other than for own use.

C0010–C0020/R0090

Holdings in related undertakings, including participations

Participations as defined in Article 13(20) and 212 (2) and holdings in related undertakings in Article 212(1)(b) of Directive 2009/138/EC.

When part of the assets regarding participation and related undertakings refer to unit and index linked contracts, these parts shall be reported in ‘Assets held for index–linked and unit–linked contracts’ in C0010–C0020/R0220.

C0010–C0020/R0100

Equities

This is the total amount of equities, listed and unlisted.

With regard to ‘statutory accounts values’ column (C0020), where– the split between listed and unlisted is not available, this item shall reflect the sum.

C0010–C0020/R0110

Equities — listed

Shares representing corporations' capital, e.g. representing ownership in a corporation, negotiated on a regulated market or on a multilateral trading facility, as defined by Directive 2004/39/EC.

It shall exclude holdings in related undertakings, including participations.

With regard to ‘statutory accounts values’ column (C0020), where the split between listed and unlisted is not available, this item shall not be reported.

C0010–C0020/R0120

Equities — unlisted

Shares representing corporations' capital, e.g. representing ownership in a corporation, not negotiated on a regulated market or on a multilateral trading facility, as defined by Directive 2004/39/EC.

It shall exclude holdings in related undertakings, including participations.

With regard to ‘statutory accounts values’ column (C0020), where the split between listed and unlisted is not available, this item shall not be reported.

C0010–C0020/R0130

Bonds

This is the total amount of government bonds, corporate bonds, structured notes and collateralised securities.

With regard to ‘statutory accounts values’ column (C0020) — where the split of bonds is not available, this item shall reflect the sum.

C0010–C0020/R0140

Government Bonds

Bonds issued by public authorities, whether by central governments, supra–national government institutions, regional governments or local authorities and bonds that are fully, unconditionally and irrevocably guaranteed by the European Central Bank, Member States' central government and central banks denominated and funded in the domestic currency of that central government and the central bank, multilateral development banks referred to in paragraph 2 of Article 117 of Regulation (EU) No 575/2013 or international organisations referred to in Article 118 of Regulation (EU) No 575/2013, where the guarantee meets the requirements set out in Article 215 of Delegated Regulation (EU) 2015/35.

With regard to ‘statutory accounts values’ column (C0020), where the split between bonds, structured products and collateralised securities is not available, this item shall not be reported.

C0010–C0020/R0150

Corporate Bonds

Bonds issued by corporations

With regard to ‘statutory accounts values’ column (C0020), where– the split between bonds, structured products and collateralised securities is not available, this item shall not be reported.

C0010–C0020/R0160

Structured notes

Hybrid securities, combining a fixed income (return in a form of fixed payments) instrument with a series of derivative components. Excluded from this category are fixed income securities that are issued by sovereign governments. Concerns securities that have embedded any categories of derivatives, including Credit Default Swaps (‘CDS’), Constant Maturity Swaps (‘CMS’), Credit Default Options (‘CDOp’). Assets under this category are not subject to unbundling.

With regard to ‘statutory accounts values’ column (C0020), where– the split between bonds, structured products and collateralised securities is not available, this item shall not be reported.

C0010–C0020/R0170

Collateralised securities

Securities whose value and payments are derived from a portfolio of underlying assets. Includes Asset Backed Securities (‘ABS’), Mortgage Backed securities (‘MBS’), Commercial Mortgage Backed securities (‘CMBS’), Collateralised Debt Obligations (‘CDO’), Collateralised Loan Obligations (‘CLO’), Collateralised Mortgage Obligations (‘CMO’)

With regard to ‘statutory accounts values’ column (C0020), where the split between bonds, structured products and collateralised securities is not available, this item shall not be reported.

C0010–C0020/R0180

Collective Investments Undertakings

Collective investment undertaking means an undertaking for collective investment in transferable securities (‘UCITS’) as defined in Article 1(2) of Directive 2009/65/EC of the European Parliament and of the Council or an alternative investment fund (AIF) as defined in Article 4(1)(a) of Directive 2011/61/EU of the European Parliament and of the Council.

C0010–C0020/R0190

Derivatives

A financial instrument or other contract with all three of the following characteristics:

1. (a)

   Its value changes in response to the change in a specified interest rate, financial instrument price, commodity price, foreign exchange (‘FX’) rate, index of prices or rates, credit rating or credit index, or other variable, provided in the case of a non–financial variable that the variable is not specific to a party to the contract (sometimes called the ‘underlying’).

2. (b)

   It requires no initial net investment or an initial net investment that is smaller than would be required for other types of contracts that would be expected to have a similar response to changes in market factors.

3. (c)

   It is settled at a future date.

Solvency II value, only if positive, of the derivative as of the reporting date is reported here (in case of negative value, see R0790).

C0010–C0020/R0200

Deposits other than cash equivalents

Deposits other than cash equivalents that cannot be used to make payments until before a specific maturity date and that are not exchangeable for currency or transferable deposits without any kind of significant restriction or penalty.

C0010–C0020/R0210

Other investments

Other investments not covered already within investments reported above.

C0010–C0020/R0220

Assets held for index–linked and unit–linked contracts

Assets held for index–linked and unit–linked contracts (classified in line of business 31 as defined in Annex I of Delegated Regulation (EU) 2015/35).

C0010–C0020/R0230

Loans and mortgages

This is the total amount of loans and mortgages, i.e. financial assets created when undertakings lend funds, either with or without collateral, including cash pools.

With regard to ‘statutory accounts values’ column (C0020) — where the split of the split of loans & mortgages is not available, this item shall reflect the sum

C0010–C0020/R0240

Loans on policies

Loans made to policyholders, collateralised on policies (underlying technical provisions).

With regard to ‘statutory accounts values’ column (C0020), where– the split between loans on policies, loans on mortgages to individuals and other loans and mortgages is not available, this item shall not be reported.

C0010–C0020/R0250

Loans and mortgages to individuals

Financial assets created when creditors lend funds to debtors — individuals, with collateral or not, including cash pools.

With regard to ‘statutory accounts values’ column (C0020), where– the split between loans on policies, loans on mortgages to individuals and other loans and mortgages is not available, this item shall not be reported.

C0010–C0020/R0260

Other loans and mortgages

Financial assets created when creditors lend funds to debtors — others, not classifiable in item R0240 or R0250, with collateral or not, including cash pools.

With regard to ‘statutory accounts values’ column (C0020), where– the split between loans on policies, loans on mortgages to individuals and other loans and mortgages is not available, this item shall not be reported.

C0010–C0020/R0270

Reinsurance recoverables from:

This is the total amount of reinsurance recoverables. It corresponds to the amount of reinsurer share of technical provisions (including Finite reinsurance and SPV).

C0010–C0020/R0280

Non–life and health similar to non–life

Reinsurance recoverables in respect of technical provisions for non–life and health similar to non–life.

With regard to ‘statutory accounts values’ column (C0020), where the split between non–life excluding health and health similar to non–life is not available this item shall reflect the sum.

C0010–C0020/R0290

Non–life excluding health

Reinsurance recoverables in respect of technical provisions for non–life business, excluding technical provisions for health– similar to non –life

C0010–C0020/R0300

Health similar to non–life

Reinsurance recoverables in respect of technical provisions for health similar to non — life.

C0010–C0020/R0310

Life and health similar to life, excluding health and index–linked and unit–linked

Reinsurance recoverable in respect of technical provisions for life and health similar to life, excluding health and index–linked and unit–linked

With regard to ‘statutory accounts values’ column (C0020), where the split between life excluding health and index–linked and unit–linked and health similar to life is not available, this item shall reflect the sum.

C0010–C0020/R0320

Health similar to life

Reinsurance recoverables in respect of technical provisions for health–similar to life.

C0010–C0020/R0330

Life excluding health and index–linked and unit–linked

Reinsurance recoverables in respect of technical provisions for life business, excluding technical provisions health–similar to life techniques and technical provisions for index–linked and unit–linked.

C0010–C0020/R0340

Life index–linked and unit–linked

Reinsurance recoverables in respect of technical provisions for life index–linked and unit–linked business.

C0010–C0020/R0350

Deposits to cedants

Deposits relating to reinsurance accepted.

C0010–C0020/R0360

Insurance and intermediaries receivables

F1Amounts for payment by policyholders, insurers and other linked to insurance business that are not included in technical provisions.

It shall include receivables from reinsurance accepted.

For Solvency II column (C0010) this cell shall only include amounts past-due.

C0010–C0020/R0370

Reinsurance receivables

F1Amounts for payment by reinsurers and linked to reinsurance business that are not included in reinsurance recoverables.

It might include: the amounts from receivables from reinsurers that relate to settled claims of policyholders or beneficiaries; receivables from reinsurers in relation to other than insurance events or settled insurance claims, for example commissions.

For Solvency II column (C0010) this cell shall only include amounts past-due.

C0010–C0020/R0380

Receivables (trade, not insurance)

Includes amounts receivables from employees or various business partners (not insurance–related), including public entities.

C0010–C0020/R0390

Own shares (held directly)

This is the total amount of own shares held directly by the undertaking.

C0010–C0020/R0400

Amounts due in respect of own fund items or initial fund called up but not yet paid in

Value of the amount due in respect of own fund items or initial fund called up but not yet paid in.

C0010–C0020/R0410

Cash and cash equivalents

Notes and coins in circulation that are commonly used to make payments, and deposits exchangeable for currency on demand at par and which are directly usable for making payments by cheque, draft, giro order, direct debit/credit, or other direct payment facility, without penalty or restriction.

Bank accounts shall not be netted off, thus only positive accounts shall be recognised in this item and bank overdrafts shown within liabilities unless where both legal right of offset and demonstrable intention to settle net exist.

C0010–C0020/R0420

Any other assets, not elsewhere shown

This is the amount of any other assets not elsewhere already included within balance Sheet items.

C0010–C0020/R0500

Total assets

This is the overall total amount of all assets.

C0010–C0020/R0510

Technical provisions — non–life

Sum of the technical provisions non–life.

This amount shall include the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of Minimum capital requirement (‘MCR’) calculation.

With regard to ‘statutory accounts values’ column (C0020), where the split of technical provisions for non –life between non — life (excluding health) and health (similar to non — life) is not possible, this item shall reflect the sum.

C0010–C0020/R0520

Technical provisions — non–life (excluding health)

This is the total amount of technical provisions for non — life business (excluding health).

This amount shall include the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.

C0010/R0530

Technical provisions — non–life (excluding health) — technical provisions calculated as a whole

This is the total amount of technical provisions calculated as whole (replicable/hedgeable portfolio) for non — life business (excluding health).

This amount shall include the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.

C0010/R0540

Technical provisions — non–life (excluding health) — Best estimate

This is the total amount of best estimate of technical provisions for non — life business (excluding health).

Best estimate shall be reported gross of reinsurance.

This amount shall include the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.

C0010/R0550

Technical provisions — non–life (excluding health) — Risk margin

This is the total amount of risk margin of technical provisions for non — life business (excluding health).

This amount shall include the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.

C0010–C0020/R0560

Technical provisions — health (similar to non–life)

This is the total amount of technical provisions for health (similar to non — life).

This amount shall include the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.

C0010/R0570

Technical provisions — health (similar to non–life) — technical provisions calculated as a whole

This is the total amount of technical provisions calculated as a whole (replicable/hedgeable portfolio) for health (similar to non–life).

This amount shall include the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.

C0010/R0580

Technical provisions — health(similar to non –life) — Best estimate

This is the total amount of best estimate of technical provisions for health business (similar to non–life).

Best estimate shall be reported gross of reinsurance.

This amount shall include the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.

C0010/R0590

Technical provisions — health (similar to non — life) — Risk margin

This is the total amount of risk margin of technical provisions for health business (similar to non–life).

This amount shall include the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.

C0010–C0020/R0600

Technical provisions — life (excluding index–linked and unit–linked)

Sum of the technical provisions life (excluding index–linked and unit–linked).

This amount shall include the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.

With regard to ‘statutory accounts values’ column (C0020), where the split of technical provisions life (excluding index — linked and unit — linked) between health (similar to life) and life (excluding health, index– linked and unit — linked) is not possible, this item shall reflect the sum.

C0010–C0020/R0610

Technical provisions — health (similar to life)

This is the total amount of technical provisions for health (similar to life) business.

This amount shall include the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.

C0010/R0620

Technical provisions — health (similar to life) — technical provisions calculated as a whole

This is the total amount of technical provisions calculated as a whole (replicable/hedgeable portfolio) for health (similar to life) business.

This amount shall include the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.

C0010/R0630

Technical provisions — health (similar to life) — Best estimate

This is the total amount of best estimate of technical provisions for health (similar to life) business.

Best estimate shall be reported gross of reinsurance.

This amount shall include the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.

C0010/R0640

Technical provisions — health (similar to life) — Risk margin

This is the total amount of risk margin of technical provisions for health (similar to life) business.

This amount shall include the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.

C0010–C0020/R0650

Technical provisions — life (excl. health and index–linked and unit–linked)

This is the total amount of technical provisions for life (excluding health and index — linked and unit — linked) business.

This amount shall include the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.

C0010/R0660

Technical provisions — life (excl. health and index–linked and unit–linked) — technical provisions calculated as a whole

This is the total amount of technical provisions calculated as a whole (replicable/hedgeable portfolio) for life (excluding health and index — linked and unit — linked) business.

This amount shall include the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.

C0010/R0670

Technical provisions — life (excl. health and index–linked and unit–linked) — Best estimate

This is the total amount of best estimate of technical provisions for life (excluding health and index — linked and unit — linked) business.

Best estimate shall be reported gross of reinsurance.

This amount shall include the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.

C0010/R0680

Technical provisions — life (excl. health and index–linked and unit–linked) — Risk margin

This is the total amount of risk margin of technical provisions for life (excluding health and index — linked and unit — linked) business.

This amount shall include the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.

C0010–C0020/R0690

Technical provisions — index–linked and unit–linked

This is the total amount of technical provisions for index — linked and unit — linked business.

This amount shall include the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.

C0010/R0700

Technical provisions — index–linked and unit–linked — technical provisions calculated as a whole

This is the total amount of technical provisions calculated as a whole (replicable/hedgeable portfolio) for index — linked and unit — linked business.

This amount shall include the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.

C0010/R0710

Technical provisions — index–linked and unit–linked — Best estimate

This is the total amount of best estimate of technical provisions for index — linked and unit — linked business.

Best estimate shall be reported gross of reinsurance

This amount shall include the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.

C0010/R0720

Technical provisions — index–linked and unit–linked — Risk margin

This is the total amount of risk margin of technical provisions for index — linked and unit — linked business.

This amount shall include the apportionment from the transitional deduction to technical provisions in accordance with the contributory methodology used for the purposes of MCR calculation.

C0020/R0730

Other technical provisions

Other technical provisions, as recognised by undertakings in their statutory accounts, in accordance with the local GAAP or IFRS.

C0010–C0020/R0740

Contingent liabilities

A contingent liability is defined as:

1. a)

   a possible obligation that arises from past events and whose existence will be confirmed only by the occurrence or non–occurrence of one or more uncertain future events not wholly within the control of the entity; or

2. b)

   a present obligation that arises from past events even if:

   1. (i)

      it is not probable that an outflow of resources embodying economic benefits will be required to settle the obligation; or

   2. (ii)

      the amount of the obligation cannot be measured with sufficient reliability.

The amount of contingent liabilities recognised in the balance sheet shall follow the criteria set in Article 11 of the Delegated Regulation (EU) 2015/35.

C0010–C0020/R0750

Provisions other than technical provisions

Liabilities of uncertain timing or amount, excluding the ones reported under ‘Pension benefit obligations’.

The provisions are recognised as liabilities (assuming that a reliable estimate can be made) when they represent obligations and it is probable that an outflow of resources embodying economic benefits will be required to settle the obligations.

C0010–C0020/R0760

Pension benefit obligations

This is the total net obligations related to employees' pension scheme.

C0010–C0020/R0770

Deposits from reinsurers

Amounts (e.g. cash) received from reinsurer or deducted by the reinsurer according to the reinsurance contract.

C0010–C0020/R0780

Deferred tax liabilities

Deferred tax liabilities are the amounts of income taxes payable in future periods in respect of taxable temporary differences.

C0010–C0020/R0790

Derivatives

A financial instrument or other contract with all three of the following characteristics:

1. (a)

   Its value changes in response to the change in a specified interest rate, financial instrument price, commodity price, foreign exchange rate, index of prices or rates, credit rating or credit index, or other variable, provided in the case of a non–financial variable that the variable is not specific to a party to the contract (sometimes called the ‘underlying’).

2. (b)

   It requires no initial net investment or an initial net investment that is smaller than would be required for other types of contracts that would be expected to have a similar response to changes in market factors.

3. (c)

   It is settled at a future date.

Only derivative liabilities shall be reported on this row (i.e. derivatives with negative values as of the reporting date.) Derivatives assets shall be reported under C0010–C0020/R0190.

Undertakings which do not value derivatives in their Local GAAP do not need to provide a financial statements value.

C0010–C0020/R0800

Debts owed to credit institutions

Debts, such as mortgage and loans, owed to credit institutions, excluding bonds held by credit institutions (it is not possible for the undertaking to identify all the holders of the bonds that it issues) and subordinated liabilities. It This shall also include bank overdrafts.

C0010–C0020/R0810 F2(L20)

Financial liabilities other than debts owed to credit institutions

Financial liabilities including bonds issued by undertaking (held by credit institutions or not), structured notes issued by the undertaking itself and mortgage and loans due to other entities than credit institutions.

Subordinated liabilities shall not be included here.

C0010–C0020/R0820

Insurance and intermediaries payables

F1Amounts payable to policyholders, insurers and other business linked to insurance that are not included in technical provisions.

Includes amounts payable to (re)insurance intermediaries (e.g. commissions due to intermediaries but not yet paid by the undertaking).

Excludes loans & mortgages due to other insurance companies, if they only relate to financing and are not linked to insurance business (such loans and mortgages shall be reported as financial liabilities).

It shall include payables from reinsurance accepted.

For Solvency II column (C0010) this cell shall only include amounts past-due

C0010–C0020/R0830

Reinsurance payables

F1Amounts payable to reinsurers (in particular current accounts) other than deposits linked to reinsurance business that are not included in reinsurance recoverables.

Includes payables to reinsurers that relate to ceded premiums.

For Solvency II column (C0010) this cell shall only include amounts past-due.

C0010–C0020/R0840

Payables (trade, not insurance)

This is the total amount trade payables, including amounts due to employees, suppliers, etc. and not insurance–related, parallel to receivables (trade, not insurance) on asset side; includes public entities.

C0010–C0020/R0850

Subordinated liabilities

Subordinated liabilities are debts which rank after other specified debts when undertaking is liquidated. This is the total of subordinated liabilities classified as Basic Own Funds and those that are not included in Basic Own Funds.

With regard to ‘statutory accounts values’ column (C0020), where the split between subordinated liabilities not in basic own funds and subordinated liabilities in basic own funds is not available, this item shall reflect the sum.

C0010–C0020/R0860

Subordinated liabilities not in Basic Own Funds

Subordinated liabilities are debts which rank after other specified debts when undertaking is liquidated. Other debts may be even more deeply subordinated. Only subordinated liabilities that are not classified in Basic Own Funds shall be presented here.

With regard to ‘statutory accounts values’ column (C0020), where the split between subordinated liabilities not in basic own funds and subordinated liabilities in basic own funds is not available, this item shall not be reported.

C0010–C0020/R0870

Subordinated liabilities in Basic Own Funds

Subordinated liabilities classified in Basic Own Funds.

With regard to ‘statutory accounts values’ column (C0020), where– the split between subordinated liabilities not in basic own funds and subordinated liabilities in basic own funds is not available, this item shall not be reported.

C0010–C0020/R0880

Any other liabilities, not elsewhere shown

This is the total of any other liabilities, not elsewhere already included in other Balance Sheet items.

C0010–C0020/R0900

Total liabilities

This is the overall total amount of all liabilities

C0010/R1000

Excess of assets over liabilities

This is the total of undertaking's excess of assets over liabilities, valued in accordance with Solvency II valuation basis. Value of the assets minus liabilities.

C0020/R1000

Excess of assets over liabilities

(statutory accounts value)

This is the total of excess of assets over liabilities of statutory accounts value column.