Do you qualify as a Small and Non-Complex Undertaking? Find out in minutes — every year.
The Solvency II review (Directive (EU) 2025/2) created a new category of Small and Non-Complex Undertakings (SNCUs). Qualifying insurers gain real relief: reduced reporting and disclosure obligations and simplified governance requirements. But qualification isn’t automatic — you must meet nine quantitative criteria, plus qualitative eligibility conditions, for two consecutive financial years, and notify your supervisor.
The SNCU Calculator gives you a clear, defensible answer each year: do we qualify, and by how much?
How it works
1. Load your QRT data. The calculator takes the annual templates you already produce — S.02.01, S.05.01, S.04.04/S.04.05, S.23.01, S.25.01 and S.26.01/02. No re-keying, no extra spreadsheets.
2. All nine criteria calculated automatically — built exactly to EIOPA’s technical specification (EIOPA-BoS-26-102, April 2026), using the prescribed QRT data points:
- Interest rate risk ratio (net SCR interest rate risk / gross technical provisions ≤ 5%)
- Three-year average net combined ratio (< 100%)
- Cross-border business (< EUR 20m or < 10% of GWP)
- Life technical provisions (≤ EUR 1bn)
- Non-life gross written premium (≤ EUR 100m)
- MAT and Credit & Suretyship business (≤ 30% of non-life GWP)
- Investment risk ratio (≤ 20% of total investments)
- Accepted reinsurance (≤ 50% of total GWP)
- SCR compliance (eligible own funds > SCR)
3. Get your result. A pass/fail verdict on each criterion, your headroom against every threshold, and the two-year track record view the Directive requires. The calculator applies the correct life / non-life / composite materiality logic automatically, screens the qualitative exclusions (internal models, group structures, pension fund thresholds), and handles the tailored regime for captives.
4. Notify with confidence. Export a supervisor-ready evidence pack for your NCA notification, with every figure traced back to its QRT data point.
Why run it every year
SNCU status is not a one-off assessment. Criteria must be met continuously, and a single unnoticed threshold breach can put your classification — and its cost savings — at risk. An annual run of the calculator flags criteria that are trending toward their limits before they become a problem, and confirms your evidence trail is complete.
Always up to date
Maintained against the latest EIOPA specifications and the amended ITS on Reporting as it is finalised. Available for solo undertakings, groups, and captives.
Already a Tabular user? You’re ready to go.
The SNCU Calculator works directly within your existing Tabular return — there’s nothing new to install, no data to load and no separate process to run. All nine criteria are calculated automatically from the QRT data already in your return. And because several criteria require figures across multiple financial years — the two-year qualification track record and the three-year average combined ratio — Tabular’s Roll Forward brings in the data from your previous returns automatically. Your annual SNCU assessment becomes a by-product of the reporting you already do.
Ready to find out if you qualify? Request a demo or run a free indicative assessment on your latest annual QRTs.