The rule in plain words
The total reported in Life and Health SLT Technical Provisions - by country (S.12.02) is different than in Life and Health SLT Technical Provisions (S.12.01)
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.12.01 and S.12.02 as reported.
The cells it reads
Life and health SLT technical provisions (S.12.01.01.01)
Rows
- R0010Technical provisions calculated as a whole
- R0030Gross Best Estimate
- R0110Technical Provisions calculated as a whole
- R0120Best estimate
Columns
- C0020Insurance with profit participation
- C0090Annuities stemming from non-life insurance contracts and relating to insurance obligation other than health insurance obligations
- C0100Accepted reinsurance
- C0190Annuities stemming from non-life insurance contracts and relating to health insurance obligations
- C0200Health reinsurance (reinsurance accepted)
Life and health SLT technical provisions - by country: gross TP calculated as a whole and gross BE for different countries - home country and countries outside the materiality threshold (S.12.02.01.01)
Rows
- R0010Home country
- R0020EEA countries outside the materiality threshold - not reported by country
- R0030Non-EEA countries outside the materiality threshold - not reported by country
Columns
- C0020Insurance with profit participation
- C0090Annuities stemming from non-life insurance contracts and relating to insurance obligation other than health insurance obligations
- C0100Accepted reinsurance
- C0190Annuities stemming from non-life insurance contracts and relating to health insurance obligations
- C0200Health reinsurance (reinsurance accepted)
Life and health SLT technical provisions - by country: gross TP calculated as a whole and gross BE for different countries - countries in the materiality threshold (S.12.02.01.02)
Row
- R0040Countries in the materiality threshold
Columns
- C0020Insurance with profit participation
- C0090Annuities stemming from non-life insurance contracts and relating to insurance obligation other than health insurance obligations
- C0100Accepted reinsurance
- C0190Annuities stemming from non-life insurance contracts and relating to health insurance obligations
- C0200Health reinsurance (reinsurance accepted)
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:
The total reported in S.12.02 - Life and Health SLT Technical Provisions - by country is different than in S.12.01 - Life and Health SLT Technical Provisions.
Show the formulaShowHide
EIOPA's formula. Cells are written as {t: table, r: row, c: column}.
{t: S.12.02.01.01, r: R0010} + {t: S.12.02.01.01, r: R0020} + {t: S.12.02.01.01, r: R0030} + sum({t: S.12.02.01.02, r: R0040}) = {t: S.12.01.01.01, r: R0010} + {t: S.12.01.01.01, r: R0030} + {t: S.12.01.01.01, r: R0110} + {t: S.12.01.01.01, r: R0120}Other rules on Life and health SLT technical provisions (S.12.01)
- Life and health SLT technical provisions: values to report together, or not at all (BV834)Blocking
- Life and health SLT technical provisions: values to report together, or not at all (BV833)Blocking
- Life and health SLT technical provisions: values to report together, or not at all (BV832)Blocking
- Item "Risk Margin" reported in Life and Health SLT Technical Provisions should not be negative (BV831_1)
- Item "Risk Margin" reported in Life and Health SLT Technical Provisions should not be negative (BV831_2)
- Item "Risk Margin" reported in Life and Health SLT Technical Provisions should not be negative (BV831_3)
- Item "Risk Margin" reported in Life and Health SLT Technical Provisions should not be negative (BV831_4)
- Item "Risk Margin" reported in Life and Health SLT Technical Provisions should not be negative (BV831_5)
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.