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1 min readWarningEIOPA taxonomy 2.10.0Updated 11 November 2026

Minimum capital requirement - only life or only non-life insurance or reinsurance activity: a total must equal the sum of its parts (S.28.01, EIOPA rule BV1421)

A warning on the minimum capital requirement - only life or only non-life insurance or reinsurance activity template (S.28.01), in the annual solo (ARS) and annual branch (ARB) returns.

It applies to 2.8.2 returns too, the release for the 2026 returns, and Line4 Check runs it there as well.

Check your file for this ruleWhat to do if it fails

The rule in plain words

Linear Solvency Capital Requirement value reported in S.28.01 does not follow the calculated value of components reported in "Total capital at risk for all life (re)insurance obligations"

The headline gives only the template and the kind of check, because the rule is too long to say in a headline. The plain words above say all of it.

What to do if your return fails it

  1. 01Open the tables below and find the cells the rule reads.
  2. 02Add up the parts in your return and compare the result with the total.
  3. 03If they differ, a part is missing, a value sits in the wrong cell, or the total is out of date.
  4. 04EIOPA allows a small rounding difference, worked out from the decimals each value is reported with.
  5. 05It runs only when your filing indicators mark S.28.01 as reported.
  6. 06This is a warning. It does not stop the return on its own, but your supervisor may ask you to explain it.

The cells it reads

Minimum capital requirement - only life or only non-life insurance or reinsurance activity: linear formula component for life insurance and reinsurance obligations (S.28.01.01.03)

Row

  • R0200MCRL Result

Column

  • C0040Result

Minimum capital requirement - only life or only non-life insurance or reinsurance activity: total capital at risk for all life (re)insurance obligations (S.28.01.01.04)

Rows

  • R0210Obligations with profit participation - guaranteed benefits
  • R0220Obligations with profit participation - future discretionary benefits
  • R0230Index-linked and unit-linked insurance obligations
  • R0240Other life (re)insurance and health (re)insurance obligations
  • R0250Total capital at risk for all life (re)insurance obligations

Columns

  • C0050Net (of reinsurance/SPV) best estimate and TP calculated as a whole
  • C0060Net (of reinsurance/SPV) total capital at risk

Which returns it applies to

Line4 Check runs it on annual solo (ARS) and annual branch (ARB) returns on EIOPA taxonomy 2.10.0. EIOPA applies it to annual ECB solo (AES), annual ECB branch (AEB), annual solo (ARS) and annual branch (ARB) returns, as a warning.

EIOPA’s own words and formula

The plain words above are EIOPA’s own, word for word, from its list of validations.

Show the formulaShow

EIOPA's formula. Cells are written as {t: table, r: row, c: column}.

{t: S.28.01.01.03, r: R0200, c: C0040} = (0.037 * {t: S.28.01.01.04, r: R0210, c: C0050, z: Z0001}) - (0.052 * {t: S.28.01.01.04, r: R0220, c: C0050, z: Z0001}) + (0.007 * {t: S.28.01.01.04, r: R0230, c: C0050, z: Z0001}) + (0.021 * {t: S.28.01.01.04, r: R0240, c: C0050, z: Z0001}) + (0.0007 * {t: S.28.01.01.04, r: R0250, c: C0060, z: Z0001})

Every Solvency II rule on S.28.01

Checks like this one, run at the point of submission, are the first step to real-time supervision. Line4 builds SupTech software for financial regulators that runs checks like these as each return arrives.