Solvency II - Lloyd's

Section 3: form instructions for Quarterly Asset Data
(QAD)
3.1 QAD010: Control page
Purpose of form: This form collects/confirms basic information regarding the syndicate, including the
syndicate number, managing agent, reporting years of account and their status (open/closed/run-off) and
pure years comprising each reporting year.
The software will generate the forms required to be completed in accordance with the data in the matrix. It is
important that you check that the matrix is populated correctly.
When you set up a return, you are required to enter a person as the contact for the return. Any queries on the
return will be addressed to this person together with the person who clicks the action “sign off” prior to
submission of the return.
Each syndicate will have a return Administrator. The Administrator is responsible for adding/amending
contact details for the return. Please ensure that all contact details are correct. Details can be updated via the
‘Admin’ link on the Core Market Returns menu.
We do recognise, however, that persons signing off the return may not necessarily be those to whom queries
should be sent to. If this is the case, please email Market Finance via lloyds-MRD-
ReturnQueries@lloyds.com, with details of an alternative contact, who shall be included on the queries
distribution list relating to the syndicate.
3.2 QAD230: Investment data – portfolio list
Purpose of form: This form collects a detailed list of investments and it provides a full vision of the risks in the
investment portfolio.
This form is required for all years combined and will be required on a quarterly and annual basis.
All types of investments (including bank deposits and deposits relating to reinsurance accepted) should be
reported in this form. However, derivatives are not included in this form because they are required to be
completed in specific forms i.e. QAD233 and QAD234 for open and closed derivatives respectively. In the
case of investment funds, these should be included in this form but not on a look-through basis as this is
reported on QAD236. All amounts are reported in GBP.
ID code: This should be ISIN if available, other recognised code (CUSIP, Bloomberg ticker etc.) or
syndicate’s specific if nothing else is available (e.g.: property).
ID code type: Type of ID Code used for the “ID Code” item, for example, ISIN, CUSIP, Bloomberg,
undertaking specific etc.
Assets pledged as collateral: This identifies assets in the balance sheet that have been pledged as
collateral, i.e. collateral pledged (CP), collateral for reinsurance accepted (CR), collateral for securities
borrowed (CB) and repos (R). For partially pledged assets two lines for each asset may be reported, one for
the pledged amount and other for the remaining part.
Issuer sector: This is the economic sector of the issuer of the security and NACE code may be used. NACE
code is a common statistical classification of economic activities in the European Community as set by EC
Regulation No 1893/2006.
Issuer group (code): This is the ultimate parent undertaking of the issuer. For investment funds the group
relation is relative to the funds manager.
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