2026-07-10
Added · Updated
The Prudential Control and Resolution Authority establishes thresholds for quarterly quantitative reporting obligations for Solvency II entities and groups, replacing Instruction No. 2016-I-01. Article 5 sets specific balance sheet thresholds based on insurance branches: €8 billion for branches 20-26, €500 million for branches 1-18, €4 billion for reinsurance, and a hybrid or €8 billion threshold for mixed entities. Entities exceeding these thresholds must submit quarterly reports, with exemptions for small and non-complex entities and transitional rules for entities crossing thresholds over two consecutive financial years.