The rule in plain words
The item "Total (Health similar to life insurance)" reported in Life and Health SLT Technical Provisions (S.12.01) must be equal to the sum of the relevant LoB
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.
This is a blocking check. A return that fails it is normally rejected, so fix it before you submit. It runs only when your filing indicators mark S.12.01 as reported.
The cells it reads
Balance sheet (S.02.01.01.01)
Row
- R0610Technical provisions - health (similar to life)
Column
- C0010Solvency II value
Balance sheet (S.02.01.07.01)
Row
- R0610Technical provisions - health (similar to life)
Column
- C0010Solvency II value
Life and health SLT technical provisions (S.12.01.01.01)
Rows
- R0010Technical provisions calculated as a whole
- R0020Total Recoverables from reinsurance/SPV and Finite Re after the adjustment for expected losses due to counterparty default associated to TP calculated as a whole
- R0100Risk Margin
- R0110Technical Provisions calculated as a whole
- R0130Risk margin
- R0200Technical provisions - total
Columns
- C0160Health insurance (direct business)
- C0190Annuities stemming from non-life insurance contracts and relating to health insurance obligations
- C0200Health reinsurance (reinsurance accepted)
- C0210Total (Health similar to life insurance)
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 branch (ARB), annual solo (ARS), annual ECB solo (AES) and annual ECB branch (AEB) returns, as a blocking check.
EIOPA’s own words and formula
In EIOPA’s list of validations, word for word:
The item "Total (Health similar to life insurance)" reported in S.12.01 - Life and Health SLT Technical Provisions must be equal to the sum of the relevant LoB.
Show the formulaShowHide
EIOPA's formula. Cells are written as {t: table, r: row, c: column}.
{t: S.12.01.01.01, c: C0210} = {t: S.12.01.01.01, c: C0160} + {t: S.12.01.01.01, c: C0190} + {t: S.12.01.01.01, c: C0200}Other rules on Balance sheet (S.02.01)
- The item "Total assets" reported in Balance sheet must be equal to the sum of the different items reported above (BV238_1)Blocking
- Balance sheet and life and health SLT technical provisions: values must agree (BV250_1)Blocking
- The item "Total Non-Life obligation" reported in Non-Life Technical Provisions must be equal to the sum of the relevant LoB (BV252_1)Blocking
- Balance sheet and liabilities by currency: values must agree (BV191)Blocking
- Balance sheet and 2 other templates: a total must equal the sum of its parts (BV189)Blocking
- Balance sheet: a total must equal the sum of its parts (BV188)Blocking
- Balance sheet: a total must equal the sum of its parts (BV187)Blocking
- The item "Excess of assets over liabilities" reported in Balance sheet must be equal to the "Total assets" minus "Total liabilities" (BV186)Blocking
Every Solvency II rule on S.02.01
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.