The rule in plain words
Double, trailing or leading whitespaces are not allowed
This is a blocking check. A return that fails it is normally rejected, so fix it before you submit.
The cells it reads
Share of reinsurers (including finite reinsurance and SPV's): share of reinsurers (S.31.01.01.01)
Columns
- C0060Reinsurance recoverables: Premium provision Non-life including Non-SLT Health
- C0070Reinsurance recoverables: Claims provisions Non-life including Non-SLT Health
- C0080Reinsurance recoverables: Technical provisions Life including SLT Health
- C0090Adjustment for expected losses due to counterparty default
- C0100Reinsurance recoverables: Total reinsurance recoverables
- C0110Net receivables
- C0120Assets pledged by reinsurer
- C0130Financial guarantees
- C0140Cash deposits
- C0150Total guarantees received
Share of reinsurers (including finite reinsurance and SPV's): share of reinsurers (S.31.01.04.01)
Columns
- C0010Legal name of reinsured undertaking
- C0060Reinsurance recoverables: Premium provision Non-life including Non-SLT Health
- C0070Reinsurance recoverables: Claims provisions Non-life including Non-SLT Health
- C0080Reinsurance recoverables: Technical provisions Life including SLT Health
- C0090Adjustment for expected losses due to counterparty default
- C0100Reinsurance recoverables: Total reinsurance recoverables
- C0110Net receivables
- C0120Assets pledged by reinsurer
- C0130Financial guarantees
- C0140Cash deposits
- C0150Total guarantees received
Which returns it applies to
Line4 Check runs it on quarterly solo (QRS), quarterly group (QRG), quarterly branch (QRB), annual solo (ARS), annual group (ARG), annual branch (ARB), financial stability solo (QFS), financial stability group (QFG) and financial stability branch (QFB) returns on EIOPA taxonomy 2.10.0. EIOPA applies it to quarterly ECB branch (QEB), quarterly ECB solo (QES), annual branch (ARB), annual solo (ARS), financial stability group (QFG), quarterly group (QRG), financial stability solo (QFS), financial stability branch (QFB), quarterly branch (QRB), quarterly solo (QRS), annual ECB solo (AES), annual ECB branch (AEB) and annual group (ARG) returns, as a blocking check.
EIOPA’s own words and formula
The plain words above are EIOPA’s own, word for word, from its list of validations.
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EIOPA's formula. Cells are written as {t: table, r: row, c: column}.
not(matches(dim({d: [s2c_dim:XQ]},[s2c_dim:XQ]), "((^\s)|(\s\s)|(\s$))+"))Other rules on Share of reinsurers (including finite reinsurance and SPV's) (S.31.01)
- Share of reinsurers (including finite reinsurance and SPV's): a total must equal the sum of its parts (BV164)Blocking
- The item "Country of residency" should be reported in Share of reinsurers [including Finite Reinsurance and SPV's] (BV934)
- Country of residency should be reported in Share of reinsurers [including Finite Reinsurance and SPV's] (BV935)
- There is at least one reinsurer reported in Table 1 of S.31.01 that is not reported in Table 2 of S.31.01 (BV1290)Blocking
- There is at least one reinsurer reported in Table 1 of S.31.01 that is not reported in Table 2 of S.31.01 (BV1291)Blocking
- Value of "Adjustment for expected losses due to counterparty default" should be negative (BV1614)
- Value of "Adjustment for expected losses due to counterparty default" should be negative (BV1615)
- Item "Reinsurance recoverables: Total reinsurance recoverables" should always be provided (BV1616)
Every Solvency II rule on S.31.01
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.