1.The part of the solvency and condition report targeted at market professionals shall contain all of the following information regarding the business of the insurance or reinsurance undertaking:
the name and legal form of the undertaking, and, where available, the specific legal entity identifier referred to in Article 7(3), point (b), of Regulation (EU) 2023/2859 of the European Parliament and of the Council 20;
the name and contact details of the supervisory authority responsible for the financial supervision of the undertaking and, where applicable, the name and contact details of the group supervisor of the group to which the undertaking belongs;
the name and contact details of the external auditor of the undertaking and the scope of the audit referred to in Article 51a of Directive 2009/138/EC;
a description of the holders of qualifying holdings in the undertaking, including their names;
where the undertaking belongs to a group, details of the undertaking’s position within the legal structure of the group, including a full organisational chart and, where appropriate, a simplified group organisational chart;
the undertaking’s material lines of business and material geographical areas where it carries out business;
any significant business or other events that have occurred over the reporting period that have had a material impact on the undertaking.
2.The solvency and financial condition report shall contain information on the insurance or reinsurance undertaking’s underwriting performance, at an aggregate level over the reporting period, together with a comparison of the information with that reported on the previous reporting period, as shown in the undertaking’s financial statements.
3.The solvency and financial condition report shall contain all of the following information regarding the performance of the investments of the insurance or reinsurance undertaking over the reporting period together with a comparison of the information that was reported on the previous reporting period, as shown in that undertaking’s financial statements:
information on income and expenses arising from investments and, where necessary for a proper understanding of the income and expenses, the components of such income and expenses;
information about the nature and amount of any gains and losses recognised directly in equity;
information about the nature and amount of any investments in securitisation.
4.The solvency and financial condition report shall describe the nature and amount of the other material income and expenses of the insurance or reinsurance undertaking incurred over the reporting period together with a comparison of the information that was reported on the previous reporting period, as shown in that undertaking’s financial statements.
5.The solvency and financial condition report shall contain in a separate section any other material information regarding the business and performance of the insurance or reinsurance undertaking.