SCR

The SCR Tab is used to select which SCR risk modules are to be reported within the return. Certain options will be disabled depending on the company’s Business Type found in the COMPANY Tab (e.g. life underwriting SCR risk module is not enabled for non-life companies) and the Internal Model Type set for the company (this is shown in the grey label above the check boxes).

In the SCR selection (picture above), Non-life health and Health catastrophe risk were split into individual sub-categories:

• For non PCC entity these selections only hide or show sections from a single S.27.01.01 QRT.
• In PCC case S.27.01.01 is broken down into different sub-QRTs, and only those sub-QRTs that relate to the sub-categories selected will be included in the return e.g if windstorm risk is selected then SR.27.01.01.WI (specific QRT worksheet for reporting Windstorm sub-section of SR.27.01 will be added to the return workbook. This is to reduce the size of PCC aggregated returns as several full SR.27.01.01 worksheets in the return workbook significantly increases the size of the return workbook.
  

When a full internal model is selected but a user wishes to include the standard formula QRTs within the workbook, he or she needs to override all the default selections in the QRT SELECTION Tab to accomplish this.

The Part of Annex I Risks Covered check box should be checked when an adjustment to the absolute floor of MCR is required because risks within Annex I are covered.