{
  "url": "https://openlegislation.uk/eu-regulation-2016-1868/annex-V/division-1",
  "json_url": "https://openlegislation.uk/eu-regulation-2016-1868/annex-V/division-1.json",
  "legislation": "eur/2016/1868",
  "legislation_title": "Commission Implementing Regulation (EU) 2016/1868 of 20 October 2016 amending and correcting Implementing Regulation (EU) 2015/2450 laying down implementing technical standards with regard to the templates for the submission of information to the supervisory authorities according to Directive 2009/138/EC of the European Parliament and of the Council (Text with EEA relevance)",
  "legislation_url": "https://openlegislation.uk/eu-regulation-2016-1868",
  "path": "annex/V/division/1",
  "kind": "division",
  "number": "(1)",
  "heading": "Annex I to Implementing Regulation (EU) 2015/2450 is corrected as follows:",
  "text": "(a) In SR.01.01.04.R0840 the title is replaced by the following:\n‘Solvency Capital Requirement — for groups on Standard Formula’;\n(b) In SR.01.01.04.R0850 the title is replaced by the following:\n‘Solvency Capital Requirement — for groups using the standard formula and partial internal model’;\n(c) In SR.01.01.04.R0860 the title is replaced by the following:\n‘Solvency Capital Requirement — for groups on Full Internal Models’;\n(d) In S.05.01.01, the second table is replaced by the following:\n‘\nLine of Business for: non-life insurance and reinsurance obligations (direct business and accepted proportional reinsurance)\nLine of Business for:accepted non-proportional reinsurance\nTotal\nLegal expenses insurance\nAssistance\nMiscellaneous financial loss\nHealth\nCasualty\nMarine, aviation, transport\nProperty\nC0100\nC0110\nC0120\nC0130\nC0140\nC0150\nC0160\nC0200\nPremiums written\nGross — Direct Business\nR0110\nGross — Proportional reinsurance accepted\nR0120\nGross — Non-proportional reinsurance accepted\nR0130\nReinsurers' share\nR0140\nNet\nR0200\nPremiums earned\nGross — Direct Business\nR0210\nGross — Proportional reinsurance accepted\nR0220\nGross — Non-proportional reinsurance accepted\nR0230\nReinsurers' share\nR0240\nNet\nR0300\nClaims incurred\nGross — Direct Business\nR0310\nGross — Proportional reinsurance accepted\nR0320\nGross — Non-proportional reinsurance accepted\nR0330\nReinsurers' share\nR0340\nNet\nR0400\nChanges in other technical provisions\nGross — Direct Business\nR0410\nGross — Proportional reinsurance accepted\nR0420\nGross — Non- proportional reinsurance accepted\nR0430\nReinsurers' share\nR0440\nNet\nR0500\n’\n(e) In S.05.02.01, row R1300 is replaced by the following:\n‘\nTotal expenses\nR1300\n’\n(f) In S.14.01.01.C0180 the title is replaced by the following:\n‘Best Estimate and Technical Provisions as a whole’;\n(g) In S.23.01.01, row R0230 is replaced by the following:\n‘\nDeductions for participations in financial and credit institutions\nR0230\n’\n(h) In S.23.01.04:\n(i) Row R0220 is replaced by the following:\n‘\nOwn funds from the financial statements that should not be represented by the reconciliation reserve and do not meet the criteria to be classified as Solvency II own funds\nR0220\n’\n(ii) Row R0230 is replaced by the following:\n‘\nDeductions for participations in other financial undertakings, including non-regulated undertakings carrying out financial activities\nR0230\n’\n(iii) Row R0440 is replaced by the following:\n‘\nTotal own funds of other financial sectors\nR0440\n’\n(i) In SR.27.01.01, in the first table, row Z0010 regarding Article 112 is deleted;\n(j) In S.26.01.01, S.26.01.04 and SR.26.01.01, row R0600 is replaced by the following:\n‘\nCurrency risk\nR0600\n’\n(k) In S.27.01.01, S.27.01.04 and SR.27.01.01 in R0600 the title is replaced by the following:\n‘Total Windstorm specified Regions before diversification’;\n(l) In S.27.01.01, S.27.01.04 and SR.27.01.01 in R1030 the title is replaced by the following:\n‘Total Earthquake specified Regions before diversification’;\n(m) In S.27.01.01, S.27.01.04 and SR.27.01.01 in R1400 the title is replaced by the following:\n‘Total Flood specified Regions before diversification’;\n(n) In S.27.01.01, S.27.01.04 and SR.27.01.01 in R1720 the title is replaced by the following:\n‘Total Hail specified Regions before diversification’;\n(o) In S.27.01.01, S.27.01.04 and SR.27.01.01, in the table ‘Man made catastrophe risk — Marine’, row R2420 is replaced by the following:\n‘\nTotal after diversification\nR2420\n’\n(p) In S.27.01.01, S.27.01.04 and SR.27.01.01, in the table ‘Man made catastrophe risk — Liability’, row R2820 is replaced by the following:\n‘\nTotal after diversification\nR2820\n’\n(q) In S.27.01.01, S.27.01.04 and SR.27.01.01, in the table ‘Man made catastrophe risk — Credit & Suretyship’, row R3120 is replaced by the following:\n‘\nTotal after diversification\nR3120\n’\n(r) In S.27.01.01, S.27.01.04 and SR.27.01.01, in the table ‘Other non-life catastrophe risk’, rows R3260 and R3270 are replaced by the following:\n‘\nDiversification between groups of obligations\nR3260\nTotal after diversification\nR3270\n’\n(s) In S.29.01.01.R0200 the title is replaced by the following:\n‘Variations due to net technical provisions’;\n(t) In S.31.02.01, the first part of the first table is replaced by the following:\n‘\nInternal code of SPV\nType of code SPV\nID Code of SPV notes or other financing mechanism issued\nID Code Type of SPV notes or other financing mechanism issued\nLines of Business SPV securitisation relates\nType of Trigger(s) in the SPV\nContractual trigger event\nSame trigger as in underlying cedant's portfolio?\nBasis risk arising from risk-transfer structure\nBasis risk arising from contractual terms\n(cont.)\nC0030\nC0210\nC0040\nC0050\nC0060\nC0070\nC0080\nC0090\nC0100\nC0110\n’\n(u) In S.31.02.04, the first part of the first table is replaced by the following:\n‘\nLegal name of reinsured undertaking\nIdentification code of the undertaking\nInternal code of SPV\nType of code SPV\nID Code of SPV notes or other financing mechanism issued\nID Code Type of SPV notes or other financing mechanism issued\nLines of Business SPV securitisation relates\nType of Trigger(s) in the SPV\nContractual trigger event\nSame trigger as in underlying cedant's portfolio?\nBasis risk arising from risk-transfer structure\n(cont.)\nC0010\nC0020\nC0030\nC0210\nC0040\nC0050\nC0060\nC0070\nC0080\nC0090\nC0100\n’",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eur/2016/1868/annex/V/division/1",
    "retrieved_at": "2026-11-01T14:45:25.336394+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}