Line4

1 min readBlockingBank of England taxonomy 2.2.0Updated 11 November 2026

Life technical provisions: values must agree (IR.12.01, Bank of England rule IR_bv0257_02)

A blocking check on the life technical provisions template (IR.12.01), in the quarterly solo (QRS) return.

Check your file for this rule

The rule in plain words

Transitional Measure on Technical Provisions must be equal to TMTP risk margin, best estimate dynamic and non-dynamic components minus TMTP amortisation adjustment

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.

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 IR.12.01 as reported.

The cells it reads

Life technical provisions (IR.12.01.02.01)

Rows

  • R0140TMTP - risk margin
  • R0150TMTP - best estimate dynamic component
  • R0160TMTP - best estimate non-dynamic component
  • R0170TMTP - amortisation adjustment
  • R0180Transitional Measure on Technical Provisions

Column

  • C0070Total life and health

Which returns it applies to

Line4 Check runs it on quarterly solo (QRS) return on Bank of England taxonomy 2.2.0. The Bank of England applies it to quarterly solo (QRS) returns, as a blocking check.

The Bank’s own words and formula

The plain words above are the Bank of England’s own, word for word, from its list of validations.

Show the formulaShow

The Bank of England's formula. Cells are written as {t: table, r: row, c: column}.

{t: IR.12.01.02.01, r: R0180, c: C0070} = max(0, sum({t: IR.12.01.02.01, r: R0140; R0150; R0160, c: C0070}) - {t: IR.12.01.02.01, r: R0170, c: C0070})

Every Solvency UK rule on IR.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.