For each LoB and Total in Non-Life Technical Provisions, "Risk margin" for Medical expense insurance must not be negative (S.17.01, EIOPA rule BV841_1)

The rule in plain words

What to do if your return fails it

1. 01Open the table below and find the cells the rule reads.
2. 02Look for a value below zero in these cells, such as an amount entered as a negative number.
3. 03It runs only when your filing indicators mark S.17.01 as reported.
4. 04This is a blocking check. A return that fails it is normally rejected, so fix it before you submit.

The cells it reads

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 and Total in S.17.01 - Non-Life Technical Provisions , "Risk margin" for Medical expense insurance must not be negative.

Other rules on Non-life technical provisions (S.17.01)

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.