The rule in plain words
The CDFs reported in S.26.13 should rise monotonically
EIOPA writes it out as separate checks, one for each table or return it covers. Line4 Check runs three of them (BV2469-1 to BV2469-3), and a failure names the one that failed.
What to do if your return fails it
- 01Open the tables 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.01.02 and S.26.13 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
Basic information (S.01.02.01.01)
Row
- R0130Method of Calculation of the SCR
Column
- C0010Report information
Internal model - non-life and health NSLT underwriting risk: non-life and health NSLT underwriting risk - premium risk model data - aggregate (S.26.13.01.06)
Rows
- R10600,3
- R10700,4
Column
- C0100Diversified premium risk excluding explicit Catastrophe Risk
Internal model - non-life and health NSLT underwriting risk: non-life and health NSLT underwriting risk - premium risk model data - SII loB (S.26.13.01.07)
Rows
- R10600,3
- R10700,4
Column
- C0110SII Line of Business
Internal model - non-life and health NSLT underwriting risk: overall non-life and health NSLT underwriting risk (S.26.13.01.09)
Rows
- R15600,3
- R15700,4
Columns
- C0130Total undiversified
- C0140Diversification
Which returns it applies to
Line4 Check runs it on annual solo (ARS) return on EIOPA taxonomy 2.10.0. EIOPA applies it to annual ECB solo (AES) 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, for BV2469-1. Cells are written as {t: table, r: row, c: column}.
if {t: S.01.02.01.01, r: R0130, c: C0010} != [s2c_AP:x3] then {t: S.26.13.01.09, r: R1560, c: C0130, z: Z0001} <= {t: S.26.13.01.09, r: R1570, c: C0130, z: Z0001} else true()BV2469-2:
if {t: S.01.02.01.01, r: R0130, c: C0010} != [s2c_AP:x3] then {t: S.26.13.01.09, r: R1560, c: C0140, z: Z0001} <= {t: S.26.13.01.09, r: R1570, c: C0140, z: Z0001} else true()BV2469-3:
if {t: S.01.02.01.01, r: R0130, c: C0010} != [s2c_AP:x3] then {t: S.26.13.01.09, r: R1560, c: C0150, z: Z0001} <= {t: S.26.13.01.09, r: R1570, c: C0150, z: Z0001} else true()Other rules on Basic information (S.01.02)
- The CDFs reported in S.26.13 should rise monotonically (BV2468)
- The CDFs reported in S.26.13 should rise monotonically (BV2470)
- The CDFs reported in S.26.13 should rise monotonically (BV2467)
- The CDFs reported in S.26.13 should rise monotonically (BV2471)
- The CDFs reported in S.26.13 should rise monotonically (BV2466)
- The CDFs reported in S.26.13 should rise monotonically (BV2472)
- The CDFs reported in S.26.13 should rise monotonically (BV2465)
- The CDFs reported in S.26.13 should rise monotonically (BV2473)
Every Solvency II rule on S.01.02
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.
