Europe's insurers face a deadline today for filing their subsidiaries' tenth annual solvency and financial condition reports (SFCR).
The SFCRs and associated data quantitative reporting templates (QRT) will provide the European Insurance and Occupational Pensions Authority with another data deluge, after its recent report on trimming insurers’ reporting burden revealed that Solvency II reporting by insurers gave it 954m pieces of data in 2023.
The SFCRs and QRTs provide stakeholders with the next chapter of European insurers’ fortunes during 2025. UK solo insurers are also filing their own SFCRs, under Solvency UK rules. Insurance groups have a May deadline for their own reports.
Since 2016, Insurance Risk Data, the insurance data and research arm of InsuranceERM, has collated more than 3m data points from SFCRs – from solvency to balance sheet items, to premiums claims and expenses, risk-taking metrics and much more.
The underlying data covering a tenth consecutive year of reporting gives a useful time series revealing how individual insurers and their group parents have steered their businesses since Solvency II and then Solvency UK began.
As one of the very few repositories of data from quantitative reporting templates (QRTs) and narrative reports from across the industry, Insurance Risk Data allows for insurer benchmarking, individual analysis of insurers and country and industry-level examinations.
Since Eiopa is no longer publishing country-level data for the UK, Insurance Risk Data is also a powerful tool for accessing the most granular detail available on UK insurers and groups.
Uploading the 2025 data into a format that can be used for data analysis is already underway at Insurance Risk Data.
Numerous investment managers, re/insurers, consultants and stock analysts across Europe and beyond use Insurance Risk Data's functions and tools.
The database covers insurers in the 30 EEA countries, plus the UK and Gibraltar. On top of the SFCRs, Insurance Risk Data includes Lloyd's syndicate annual reports, as well as corresponding financial condition reports from insurers in Switzerland and in Bermuda.
Insurance Risk Data also produces market intelligence research reports and data-driven projects exclusively for subscribers.
• Insurance Risk Data captures all Solvency II SFCRs and QRT data from European insurers into a single, comprehensive database, complete with interactive data visualisation dashboards, ideal for analysis, research and benchmarking. Demonstrations and free trials are available at www.insuranceriskdata.com or email [email protected]