The rule in plain words
For each LoB, total best estimate (gross) reported in Non-Life Technical Provisions (S.17.01) must be equal to the sum of BE premium provisions (gross) and BE claims provisions (gross)
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.
What to do if your return fails it
- 01Open the table below and find the cells the rule reads.
- 02Add up the parts in your return and compare the result with the total.
- 03If they differ, a part is missing, a value sits in the wrong cell, or the total is out of date.
- 04EIOPA allows a small rounding difference, worked out from the decimals each value is reported with.
- 05It runs only when your filing indicators mark S.17.01 as reported.
- 06This is a blocking check. A return that fails it is normally rejected, so fix it before you submit.
The cells it reads
Non-life technical provisions (S.17.01.02.01)
Rows
- R0060Gross
- R0160Gross
- R0260Total Best estimate - gross
Columns
- C0020Medical expense insurance
- C0030Income protection insurance
- C0040Workers' compensation insurance
- C0050Motor vehicle liability insurance
- C0060Other motor insurance
- C0070Marine, aviation and transport insurance
- C0080Fire and other damage to property insurance
- C0090General liability insurance
- C0100Credit and suretyship insurance
- C0110Legal expenses insurance
- C0120Assistance
- C0130Miscellaneous financial loss
- C0140Non-proportional health reinsurance
- C0150Non-proportional casualty reinsurance
- C0160Non-proportional marine, aviation and transport reinsurance
- C0170Non-proportional property reinsurance
- C0180Total Non-Life obligation
A worked example
With simple numbers.
Total Best estimate - gross must then be 2,000.
A file that reports 2,000 passes. One that reports 2,100 fails, by 100.
The numbers are illustrative, reported to the unit, so the rounding tolerance does not change the result.
Which returns it applies to
Line4 Check runs it on quarterly solo (QRS) and quarterly branch (QRB) returns on EIOPA taxonomy 2.10.0. EIOPA applies it to quarterly branch (QRB) and quarterly solo (QRS) returns, as a blocking check.
EIOPA’s own words and formula
In EIOPA’s list of validations, word for word:
For each LoB, total best estimate (gross) reported in S.17.01 - Non-Life Technical Provisions must be equal to the sum of BE premium provisions (gross) and BE claims provisions (gross).
Show the formulaShowHide
EIOPA's formula. Cells are written as {t: table, r: row, c: column}.
{t: S.17.01.02.01, r: R0260} = {t: S.17.01.02.01, r: R0060} + {t: S.17.01.02.01, r: R0160}Other rules on Non-life technical provisions (S.17.01)
- Non-life technical provisions: values to report together, or not at all (BV840)Blocking
- For each LoB and Total in Non-Life Technical Provisions, "Risk margin" for Medical expense insurance must not be negative (BV841_1)Blocking
- For each LoB and Total in Non-Life Technical Provisions, "Risk margin" for Income protection insurance must not be negative (BV841_2)Blocking
- For each LoB and Total in Non-Life Technical Provisions, "Risk margin" for Workers' compensation insurance must not be negative (BV841_3)Blocking
- For each LoB and Total in Non-Life Technical Provisions, "Risk margin" for Motor vehicle liability insurance must not be negative (BV841_4)Blocking
- For each LoB and Total in Non-Life Technical Provisions, "Risk margin" for Other motor insurance must not be negative (BV841_5)Blocking
- For each LoB and Total in Non-Life Technical Provisions, "Risk margin" for Marine, aviation and transport insurance must not be negative (BV841_6)Blocking
- For each LoB and Total in Non-Life Technical Provisions, "Risk margin" for Fire and other damage to property insurance must not be negative (BV841_7)Blocking
Every Solvency II rule on S.17.01
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.