The rule in plain words
For "Claims reported during the year", the item "Total" reported in Development of the distribution of the claims incurred (S.20.01) must be equal to the sum of the "Total previous years" and "N"
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.20.01 as reported.
The cells it reads
Development of the distribution of the claims incurred (S.20.01.01.01)
Rows
- R0160Total previous years
- R0170N
- R0180Total
Columns
- C0110Number of claims
- C0120Gross payments made during the current year
- C0130Gross RBNS at the end of the period
- C0140Number of claims ended with payments
- C0150Gross payments made during the current year
- C0160Number of claims ended without any payments
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:
For "Claims reported during the year", the item "Total" reported in S.20.01 - Development of the distribution of the claims incurred must be equal to the sum of the "Total previous years" and "N".
Show the formulaShowHide
EIOPA's formula. Cells are written as {t: table, r: row, c: column}.
{t: S.20.01.01.01, r: R0180, z: Z0001} = {t: S.20.01.01.01, r: R0160, z: Z0001} + {t: S.20.01.01.01, r: R0170, z: Z0001}Other rules on Development of the distribution of the claims incurred (S.20.01)
Every Solvency II rule on S.20.01
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.