The rule in plain words
For RFF a fund number must be reported in Solvency Capital Requirement - Life underwriting risk (SR.26.03)
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 SR.26.03 as reported.
The cells it reads
Solvency capital requirement - life underwriting risk: simplifications used (SR.26.03.01.03)
Rows
- R0010Simplifications - mortality risk
- R0020Simplifications - longevity risk
- R0030Simplifications - disability-morbidity risk
- R0040Simplifications - lapse risk
- R0050Simplifications - life expense risk
- R0060Simplifications - life catastrophe risk
Column
- C0010Simplifications used
Which returns it applies to
Line4 Check runs it on annual solo (ARS), annual group (ARG) 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), annual ECB branch (AEB) and annual group (ARG) returns, as a blocking check.
EIOPA’s own words and formula
In EIOPA’s list of validations, word for word:
For RFF a fund number must be reported in SR.26.03 - Solvency Capital Requirement - Life underwriting risk.
Show the formulaShowHide
EIOPA's formula. Cells are written as {t: table, r: row, c: column}.
not(isNull(dim({t: SR.26.03.01.03, r: R0010; R0020; R0030; R0040; R0050; R0060, c: C0010, z: Z0001, filter: [s2c_dim:PO] = [s2c_PU:x40]},[s2c_dim:NF])))Other rules on Solvency capital requirement - life underwriting risk (SR.26.03)
- For RFF a fund number must be reported in Solvency Capital Requirement - Life underwriting risk (BV583-2)Blocking
- For RFF a fund number must be reported for USP in Solvency Capital Requirement - Life underwriting risk (BV583-4)Blocking
- Si2528 doesn't follow imposed pattern: values (from 1 to 2) or 9 (BV1382)Blocking
Every Solvency II rule on SR.26.03
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.
