ANNEX IIInstructions regarding reporting templates for individual undertakings

S.04.01 — Activity by country

General comments:

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

F2This template is to be reported from an accounting perspective, i.e.: Local GAAP or IFRS if accepted as local GAAP. It shall however be fulfilled using the lines of business as defined in Annex I to Delegated Regulation (EU) 2015/35. Undertakings shall use the recognition and valuation basis as for the published financial statements, no new recognition or re–valuation is required, except for the classification between investment contracts and insurance contracts when this is applicable in the financial statements. This template shall include all insurance business regardless of the possible different classification between investment contracts and insurance contracts applicable in the financial statements.

When the insurance and reinsurance undertaking has business outside the home–country information shall be reported distinguishing between the home country, each of the other countries belonging to the European Economic Area and material non–EEA countries;

  1. a)

    The information in relation to EEA countries shall cover the following:

    1. i.

      Business underwritten by the undertaking in the country where it is established;

    2. ii.

      Business underwritten by the undertaking under freedom to provide services (‘FPS’) in other EEA members;

    3. iii.

      Business underwritten by each EEA branch in the country where they are established;

    4. iv.

      Business underwritten by each EEA branch under freedom to provide services in other EEA members;

    5. v.

      Premiums written in the country under freedom to provide services by the undertaking or any of the undertaking's EEA branches;

  2. b)

    Material non–EEA shall be reported when needed to report at least 90 % of the gross written premiums or if gross written premiums of a non–EEA country are higher than 5 % of the total gross written premiums;

  3. c)

    The information not reported by non–EEA country shall be reported as a sum. The localisation of business by country shall depend on where the business is underwritten, meaning that the business performed by a branch under FPS shall be reported under the country where the branch is established.

Information shall include direct business and accepted reinsurance business and be presented gross, without deduction of reinsurance ceded.

ITEM

INSTRUCTIONS

Z0010

Line of Business

Identification of the line of business as defined in Annex I to Delegated Regulation (EU) 2015/35, reported. The following closed 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

  • 13 — Proportional medical expense reinsurance

  • 14 — Proportional income protection reinsurance

  • 15 — Proportional workers' compensation reinsurance

  • 16 — Proportional motor vehicle liability reinsurance

  • 17 — Proportional other motor reinsurance

  • 18 — Proportional marine, aviation and transport reinsurance

  • 19 — Proportional fire and other damage to property reinsurance

  • 20 — Proportional general liability reinsurance

  • 21 — Proportional credit and suretyship reinsurance

  • 22 — Proportional legal expenses reinsurance

  • 23 — Proportional assistance reinsurance

  • 24 — Proportional miscellaneous financial loss reinsurance

  • 25 — Non–proportional health reinsurance

  • 26 — Non–proportional casualty reinsurance

  • 27 — Non–proportional marine, aviation and transport reinsurance

  • 28 — Non–proportional property reinsurance

  • 29 — Health insurance

  • 30 — Insurance with profit participation

  • 31 — Index–linked and unit–linked insurance

  • 32 — Other life insurance

  • 33 — Annuities stemming from non–life insurance contracts and relating to health insurance obligations

  • 34 — Annuities stemming from non–life insurance contracts and relating to insurance obligations other than health insurance obligations

  • 35 — Health reinsurance

  • 36 — Life reinsurance

C0010

Undertaking — Business underwritten in the home country, by the undertaking

Amount of business underwritten in the home country, by the undertaking.

F1This excludes the business underwritten by branches and it excludes the business underwritten through FPS, by the undertaking in the EEA countries.

C0020

Undertaking — Business underwritten through FPS, by the undertaking in the EEA countries different from the home country

Business underwritten through FPS, by the undertaking in the EEA countries different from the home country.

This excludes the business underwritten by branches.

C0030

Undertaking — Business underwritten through FPS in the home country, by any EEA branch

Business underwritten through FPS in the home country, by any EEA branch

C0040

All EEA members — Total business underwritten by all EEA branches in the country where they are established

Total of business underwritten by EEA branches in the country where they are established.

This shall be the sum of C0080 for all branches.

C0050

All EEA members — Total business underwritten through FPS, by all EEA branches

Total of business underwritten through FPS by EEA branches in countries of EEA where they are not established.

This shall be the sum of C0090 for all branches.

C0060

All EEA members — Total of the business underwritten through FPS by the undertaking and all EEA branches

F2Total of business underwritten through FPS by the undertaking and all EEA branches in EEA countries where they are not established except FPS by branches in the home country of the undertaking.

F1This shall be the sum of C0100 for the undertaking and all branches.

C0070

Total business underwritten by all non–EEA branches

Amount of the business underwritten by all non–EEA branches.

C0080

By EEA member — Business underwritten in the considered country, by the EEA branch established in this country

Amount of business underwritten in the country, by the EEA branch that is established in this country.

C0090

By EEA member — Business underwritten through FPS, by the EEA branch established in the considered country

Amount of business underwritten through FPS, by the EEA branch in the EEA countries where it is not established.

C0100

By EEA member — Business underwritten in the considered country through FPS, by the undertaking or any EEA branch

Amount of business underwritten through FPS, by the undertaking or any EEA branch in the considered country.

This column shall be reported in relation to all EEA countries were the undertaking or any branch does business through FPS, except for the home country. In this latter case the relevant amount shall be reported in C0030.

C0110

By material non–EEA member — Business underwritten by material non–EEA country branches

Amount of business underwritten by material non–EEA country branches in the country where it is established.

R0010/C0080

Country

ISO 3166–1 alpha–2 code of the EEA member where branch is established.

R0010/C0090

By EEA member — Country

ISO 3166–1 alpha–2 code of the EEA member where the branch is established

R0010/C0100

By EEA member — Country

ISO 3166–1 alpha–2 code of the EEA member where FPS is done

R0010/C0110

By material non–EEA member — Country

ISO 3166–1 alpha–2 code of the non–EEA member where branch is established

R0020

Premiums written

Definition of premiums written provided in application of directive 91/674/EEC where applicable: gross premiums written shall comprise all amounts due during the financial year in respect of insurance contracts, regardless of the fact that such amounts may relate in whole or in part to a later financial year.

R0030

Claims incurred

Claims incurred in the reporting period as defined in directive 91/674/EEC where applicable: the claims incurred means the sum of the claims paid and the change in the provision for claims during the financial year related to insurance contracts.

This shall exclude claims management expenses.

R0040

Commissions

Acquisition expenses incurred, including renewal expenses, which can be identified at the level of individual insurance contract and have been incurred because the undertaking has issued that particular contract. These are commission costs, costs of selling, underwriting and initiating an insurance contract that has been issued. It includes movements in deferred acquisition costs.

For reinsurance undertakings, definition shall be applied mutatis mutandis.