Consultation Paper on the draft proposal for ... - Eiopa - Europa

Section II: Regular Supervisory Report – Narrative
Title I: Business & Performance
Guideline 28 Business
3.37. When providing information regarding their business, undertakings should
include information on:
a) number of full time equivalent employees;
b) a list of all subsidiaries and branches;
c) a detailed structure chart; and
d) distributions to shareholders.
Guideline 29 Performance of investment activities
3.38. When providing information on risk mitigation techniques related to
underwriting activities, undertakings should include a description of:
a) the impact of the mitigation techniques on the performance of
underwriting activities; and
b) the effectiveness of the risk mitigation techniques.
Guideline 30 Any other disclosures
3.39. Undertakings should provide information about any significant related
party transactions.
Guideline 31 Any other disclosures
3.40. Undertakings belonging to a group should provide qualitative and
quantitative information regarding relevant operations and transactions
within the group including information on:
a) The amount of the operations and transactions;
b) The amount of outstanding balances, if any;
c) Relevant terms and conditions of the operations and transactions.
Guideline 32 Any other disclosures
3.41. Participating insurance and reinsurance undertakings or insurance holding
companies should provide information on the terms and conditions of the
intra-group operations and transactions including information on:
a) Commercial rationale for the operation or transaction;
b) Risks borne by, and rewards available to, each party to the operation or
transaction;
c) Any particular aspects of the operation or transaction that are (or may
become) disadvantageous to either party;
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© EIOPA 2011