Balance sheet and life and health SLT technical provisions: values must agree (S.02.01, S.12.01, EIOPA rule BV380_1)

The rule in plain words

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.

EIOPA writes it out as separate checks, one for each table or return it covers. Line4 Check runs two of them (BV380_1-1 and BV380_1-2), and a failure names the one that failed.

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.02.01 and S.12.01 as reported.

The cells it reads

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 solo (ARS) and annual branch (ARB) returns, as a blocking check.

EIOPA’s own words and formula

In EIOPA’s list of validations, word for word:

The item "Reinsurance recoverables from:/Life and health similar to life, excluding health and index-linked and unit-linked/Life excluding health and index-linked and unit-linked" reported in the template S.02.01 - Balance sheet must be equal to the "Total Recoverables from reinsurance/SPV and Finite Re after the adjustment for expected losses due to counterparty default" reported in the template S.12.01. - Life and Health SLT Technical provisions for the "Total (Life excluding health and index-linked and unit-linked)".

Other rules on Balance sheet (S.02.01)

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.