Further clarification required: Should this include all deposits with reinsurers i.e. not just Yes. cash? Cash deposits from reinsurers: The amount of this balance Noted. item value might be of minor relevance for some undertakings. 227. German Insurance BS-C1- cell L13 This comment applies to L13 LS13. Please see comment n. . – Association (GDV) 227 Further clarification required: Should this include all deposits with reinsurers i.e. not just cash? Cash deposits from reinsurers: The amount of this balance item value might be of minor relevance for some undertakings. 228. RSA Insurance BS-C1- cell Please clarify where intercompany (i.e. same group) insurance Depending on their Group plc L15C receivables are to be placed: L15C or L25. character: L15C or L25. 229. CEA BS-C1- cell This comment applies to L15D to LS15D. L15D Regarding the Template BS-C1 cell L15D and the related LOG To calculate deferred description, the following problem will result from this approach: taxes each individual asset or liability (including subordinated In cases when the undertaking issues subordinated debt (which will debt), independent of be considered as equity), reporting only liabilities not the issues on which line “subordinated in BOF”, would result in the amount of the issue being significantly it is presented in the reduced by a deferred tax liability amount. The difference between template, should be
Further clarification required: Should this include all deposits with reinsurers i.e. not just cash? Cash deposits from reinsurers: The amount of this balance item value might be of minor relevance for some undertakings. Yes. Noted. 227. German Insurance Association (GDV) BS-C1- cell L13 This comment applies to L13 – LS13. Further clarification required: Should this include all deposits with reinsurers i.e. not just cash? Cash deposits from reinsurers: The amount of this balance item value might be of minor relevance for some undertakings. Please see comment n. . 227 228. RSA Insurance Group plc BS-C1- cell L15C Please clarify where intercompany (i.e. same group) insurance receivables are to be placed: L15C or L25. Depending on their character: L15C or L25. 229. CEA BS-C1- cell L15D This comment applies to L15D to LS15D. Regarding the Template BS-C1 cell L15D and the related LOG description, the following problem will result from this approach: In cases when the undertaking issues subordinated debt (which will be considered as equity), reporting only “subordinated liabilities not in BOF”, would result in the amount of the issue being significantly reduced by a deferred tax liability amount. The difference between To calculate deferred taxes each individual asset or liability (including subordinated debt), independent of the issues on which line it is presented in the template, should be
Comments_template_QRT_BS_final.docx