The rule in plain words
Type of reinsurance contract/treaty should be identified for reinsurance type of transaction
What to do if your return fails it
- 01Open the table below and find the cells the rule reads.
- 02The check applies only when its first part holds in your return. When it does, the second part must hold too: fix the second part, or correct the first.
- 03It runs only when your filing indicators mark S.36.07 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
IGT - insurance-reinsurance (S.36.07.01.01)
Columns
- C0100Type of transaction
- C0110Transaction (for reinsurance)
Which returns it applies to
Line4 Check runs it on annual solo (ARS) and annual group (ARG) returns on EIOPA taxonomy 2.10.0. EIOPA applies it to annual ECB solo (AES), annual group (ARG) and annual solo (ARS) 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}.
if {t: S.36.07.01.01, c: C0100, z: Z0001} = [s2c_MC:x329] then not(isNull({t: S.36.07.01.01, c: C0110, z: Z0001})) else true()Other rules on IGT - insurance-reinsurance (S.36.07)
Every Solvency II rule on S.36.07
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.
