The rule in plain words
The item "Prior" reported for Sum of years (cumulative) in S.19.01.01.02 should be equal to "Prior" item reported for 15 & + reported in S.19.01.01.01
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
- 01Open the tables below and find the cells the rule reads.
- 02The two values must be the same. Find which of the two is right, and correct the other one.
- 03It runs only when your filing indicators mark S.19.01 as reported.
- 04This 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
Non-life insurance claims: gross claims paid (non-cumulative) - development year (absolute amount) (S.19.01.01.01)
Row
- R0100Prior
Column
- C016015 & +
Non-life insurance claims: gross claims paid (non-cumulative) - current year, sum of years (cumulative) (S.19.01.01.02)
Row
- R0100Prior
Column
- C0180Sum of years (cumulative)
A worked example
With simple numbers.
Prior, Sum of years (cumulative) must then be 1,200.
A file that reports 1,200 passes. One that reports 1,300 fails, by 100.
The numbers are illustrative.
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 formulaShowHide
EIOPA's formula. Cells are written as {t: table, r: row, c: column}.
{t: S.19.01.01.02, r: R0100, c: C0180, z: Z0001} = {t: S.19.01.01.01, r: R0100, c: C0160, z: Z0001}Other rules on Non-life insurance claims (S.19.01)
- Non-life insurance claims: two values must match (BV1492)
- Non-life insurance claims: a total must equal the sum of its parts (BV1622)Blocking
- Non-life insurance claims: a total must equal the sum of its parts (BV1624)Blocking
- Non-life insurance claims: a total must equal the sum of its parts (BV1625)Blocking
- Non-life insurance claims: a total must equal the sum of its parts (BV1626)Blocking
- Non-life insurance claims: a total must equal the sum of its parts (BV1627)Blocking
- Non-life insurance claims: a total must equal the sum of its parts (BV1628)Blocking
- Non-life insurance claims: a total must equal the sum of its parts (BV1629)Blocking
Every Solvency II rule on S.19.01
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.
