Insurance market reporting

Submission of regular reporting to Finantsinspektsioon is according to the legal acts regulating the submission of data. The submissions are generally in XBRL or XML format and reports are submitted through the data collection portal.

The data collection portal

The data collection portal is an application managed jointly by Eesti Pank and Finantsinspektsioon for receiving and processing reports electronically.

It is a self-service online environment where users can submit reports, manage related users, contact data and company keys, check the processing status of reports, communicate with the recipient of the report, order notifications by email and more.

When using the data collection portal, please follow the instructions on how to use the main menu, manage users and their contact details and submit reports. The instructions can be accessed through the data collection portal.

In case of technical issues, please contact the information systems administrator of Finantsinspektsioon, Erkko Kõrgema (email erkko.korgema@fi.ee, telephone +372 668 0549).

Submission of reports

Reports can be submitted to Finantsinspektsioon by:

  • manually entering the data in the report in the data collection portal
  • importing the data from a file into the data collection portal
  • uploading the report file in the data collection portal
  • emailing the report to the data collection portal
  • rendering the report to the data collection portal, using a web service

Technical conditions for compiling and submitting reports

Reports must be submitted according to the Decree No 4 “Requirements for the electronic submission of reports” of the Governor of Eesti Pank of 29.05.2018.

Reporting messages submitted outside the data collection portal (by email or web service) need to be secured. Information about data security can be found on the Eesti Pank website.

When reports are submitted outside the data collection portal, it is it is necessary to know which domain the report(s) need to be submitted. This information can be found on the Eesti Pank website.

Please note: reports submitted to Finantsinspektsioon must be encrypted (if the method of submission requires it) using the Finantsinspektsioon key.

XML schemas

The content of the report message is defined by an XML schema describing the general structure and the XML schema for the individual report. The XML schemas can be found at https://aruandlus.eestipank.ee/reports/skeemid.xml.

The XML schema describing the report has a version number and date that indicate when the report or schema was changed.
Additional information on formatting reporting messages can be found on Eesti Pank website.

XML - Extensible Markup Language, defined by the World Wide Web Consortium.

Conditions for insurers submitting reports in XBRL format

Supervisory reports submitted in XBRL format must follow the version of the data point model and taxonomy applicable on the reporting date, which are published on the website of the European Insurance and Occupational Pensions Authority (EIOPA) under Data Point Model and XBRL.