Line4

2 min readWarningEIOPA taxonomy 2.10.0Updated 11 November 2026

Life and health SLT technical provisions and minimum capital requirement - only life or only non-life insurance or reinsurance activity: a check on its values (S.12.01, S.28.01, EIOPA rule BV439)

A warning on the life and health SLT technical provisions (S.12.01) and minimum capital requirement - only life or only non-life insurance or reinsurance activity (S.28.01) templates, in the annual solo (ARS) and annual branch (ARB) returns.

It applies to 2.8.2 returns too, the release for the 2026 returns, and Line4 Check runs it there as well.

Check your file for this rule

The rule in plain words

The "Net (of reinsurance/SPV) best estimate and TP calculated as a whole provisions" reported for "Other life (re)insurance and health (re)insurance obligations" in the template Minimum Capital Requirement (S.28.01) - Non-Composite should be equal or higher than the following computation from template S.12.01. - Life and Health SLT Technical Provisions: "Technical provisions calculated as a whole" for the specific LoB and correspondent accepted reinsurance minus "Total Recoverables from reinsurance/SPV and Finite Re after the adjustment for expected losses due to counterparty default associated to TP as a whole" for the specific LoB plus "Amount of the transitional on Technical Provisions" and "Best estimate minus recoverables from reinsurance/SPV and Finite Re - total" for the specific LoB and correspondent accepted

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 warning. It does not stop the return on its own, but your supervisor may ask you to explain it. It runs only when your filing indicators mark S.12.01 and S.28.01 as reported.

The cells it reads

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
  • R0030Gross Best Estimate
  • R0080Total Recoverables from reinsurance/SPV and Finite Re after the adjustment for expected losses due to counterparty default
  • R0090Best estimate minus recoverables from reinsurance/SPV and Finite Re
  • R0110Technical Provisions calculated as a whole
  • R0120Best estimate

Columns

  • C0060Other life insurance
  • C0070Contracts without options and guarantees
  • C0080Contracts with options or guarantees
  • C0090Annuities stemming from non-life insurance contracts and relating to insurance obligation other than health insurance obligations
  • C0100Accepted reinsurance
  • C0130Other life insurance
  • C0140Annuities stemming from non-life accepted insurance contracts and relating to insurance obligation other than health insurance obligations
  • C0210Total (Health similar to life insurance)

Minimum capital requirement - only life or only non-life insurance or reinsurance activity: total capital at risk for all life (re)insurance obligations (S.28.01.01.04)

Row

  • R0240Other life (re)insurance and health (re)insurance obligations

Column

  • C0050Net (of reinsurance/SPV) best estimate and TP calculated as a whole

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

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

The "Net (of reinsurance/SPV) best estimate and TP calculated as a whole provisions" reported for "Other life (re)insurance and health (re)insurance obligations" in the template S.28.01 - Minimum Capital Requirement - Non-Composite should be equal or higher than the following computation from template S.12.01. - Life and Health SLT Technical Provisions: "Technical provisions calculated as a whole" for the specific LoB and correspondent accepted reinsurance minus "Total Recoverables from reinsurance/SPV and Finite Re after the adjustment for expected losses due to counterparty default associated to TP as a whole" for the specific LoB plus "Amount of the transitional on Technical Provisions" and "Best estimate minus recoverables from reinsurance/SPV and Finite Re - total" for the specific LoB and correspondent accepted.
Show the formulaShow

EIOPA's formula. Cells are written as {t: table, r: row, c: column}.

customMarginGreaterThanOrEqual({t: S.28.01.01.04, r: R0240, c: C0050, z: Z0001}, {t: S.12.01.01.01, r: R0010, c: C0060} - {t: S.12.01.01.01, r: R0020, c: C0060} + {t: S.12.01.01.01, r: R0090, c: C0070} + {t: S.12.01.01.01, r: R0090, c: C0080} + {t: S.12.01.01.01, r: R0110, c: C0060} + {t: S.12.01.01.01, r: R0120, c: C0070} + {t: S.12.01.01.01, r: R0120, c: C0080} + {t: S.12.01.01.01, r: R0010, c: C0090} - {t: S.12.01.01.01, r: R0020, c: C0090} + {t: S.12.01.01.01, r: R0090, c: C0090} + {t: S.12.01.01.01, r: R0110, c: C0090} + {t: S.12.01.01.01, r: R0120, c: C0090} + {t: S.12.01.01.01, r: R0010, c: C0130} + {t: S.12.01.01.01, r: R0010, c: C0140} - {t: S.12.01.01.01, r: R0020, c: C0130} - {t: S.12.01.01.01, r: R0020, c: C0140} + {t: S.12.01.01.01, r: R0030, c: C0130} + {t: S.12.01.01.01, r: R0030, c: C0140} - {t: S.12.01.01.01, r: R0080, c: C0130} - {t: S.12.01.01.01, r: R0080, c: C0140} + {t: S.12.01.01.01, r: R0110, c: C0100} + {t: S.12.01.01.01, r: R0120, c: C0100} + {t: S.12.01.01.01, r: R0010, c: C0210} - {t: S.12.01.01.01, r: R0020, c: C0210} + {t: S.12.01.01.01, r: R0090, c: C0210} + {t: S.12.01.01.01, r: R0110, c: C0210} + {t: S.12.01.01.01, r: R0120, c: C0210}, abs(0.01 * ({t: S.12.01.01.01, r: R0010, c: C0060} - {t: S.12.01.01.01, r: R0020, c: C0060} + {t: S.12.01.01.01, r: R0090, c: C0070} + {t: S.12.01.01.01, r: R0090, c: C0080} + {t: S.12.01.01.01, r: R0110, c: C0060} + {t: S.12.01.01.01, r: R0120, c: C0070} + {t: S.12.01.01.01, r: R0120, c: C0080} + {t: S.12.01.01.01, r: R0010, c: C0090} - {t: S.12.01.01.01, r: R0020, c: C0090} + {t: S.12.01.01.01, r: R0090, c: C0090} + {t: S.12.01.01.01, r: R0110, c: C0090} + {t: S.12.01.01.01, r: R0120, c: C0090} + {t: S.12.01.01.01, r: R0010, c: C0130} + {t: S.12.01.01.01, r: R0010, c: C0140} - {t: S.12.01.01.01, r: R0020, c: C0130} - {t: S.12.01.01.01, r: R0020, c: C0140} + {t: S.12.01.01.01, r: R0030, c: C0130} + {t: S.12.01.01.01, r: R0030, c: C0140} - {t: S.12.01.01.01, r: R0080, c: C0130} - {t: S.12.01.01.01, r: R0080, c: C0140} + {t: S.12.01.01.01, r: R0110, c: C0100} + {t: S.12.01.01.01, r: R0120, c: C0100} + {t: S.12.01.01.01, r: R0010, c: C0210} - {t: S.12.01.01.01, r: R0020, c: C0210} + {t: S.12.01.01.01, r: R0090, c: C0210} + {t: S.12.01.01.01, r: R0110, c: C0210} + {t: S.12.01.01.01, r: R0120, c: C0210})))

Every Solvency II rule on S.12.01

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.