Insurance Compliance — April 9, 2026

Technical specifications on SNCU calculation criteria

EIOPA published technical specifications (EIOPA-BoS-26-102) to guide the identification of Small and Non-Complex Undertakings (SNCUs) and Groups (SNCGs) under the revised Solvency II proportionality framework. The document specifies which Quantitative Reporting Template (QRT) data points supervisory authorities and (re)insurers must use for SNCU/SNCG classification. These specifications aim to ensure convergent application of the new proportionality rules across all EU Member States upon the amended Solvency II Directive entering into application.