Line4

1 min readBlockingBank of England taxonomy 2.2.0Updated 11 November 2026

Total BEL subject to VA in IR.22.07 corresponds to sum of amounts in IR.12.01 and IR.17.01 (IR.12.01, IR.17.01, IR.22.07, Bank of England rule IR_bv0260)

A blocking check on the life technical provisions (IR.12.01), non-life technical provisions (IR.17.01) and best estimate subject to volatility adjustment by currency (IR.22.07) templates, in the annual solo (ARS) return.

Check your file for this ruleWhat to do if it fails

The rule in plain words

Total BEL subject to VA in IR.22.07 corresponds to sum of amounts in IR.12.01 and IR.17.01

What to do if your return fails it

  1. 01Open the tables below and find the cells the rule reads.
  2. 02Add up the parts in your return and compare the result with the total.
  3. 03If they differ, a part is missing, a value sits in the wrong cell, or the total is out of date.
  4. 04The Bank of England allows a small rounding difference, worked out from the decimals each value is reported with.
  5. 05It runs only when your filing indicators mark IR.12.01, IR.17.01 and IR.22.07 as reported.
  6. 06This is a blocking check. A return that fails it is normally rejected, so fix it before you submit.

The cells it reads

Life technical provisions (IR.12.01.01.01)

Row

  • R0330Best estimate subject to volatility adjustment

Column

  • C0070Total life and health

Non-life technical provisions (IR.17.01.01.01)

Row

  • R0480Best estimate subject to volatility adjustment

Column

  • C0180Total Non-Life obligation

Best estimate subject to volatility adjustment by currency (IR.22.07.01.01)

Row

  • R0100Total BEL subject to VA

Column

  • C0010Best estimate liabilities

A worked example

With simple numbers.

Illustrative values
Best estimate subject to volatility adjustment, Total life and health1,200
Best estimate subject to volatility adjustment, Total Non-Life obligation800
Together2,000
What the rule then expects

Total BEL subject to VA, Best estimate liabilities must then be 2,000.

2,000Passes
2,100Fails

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 annual solo (ARS) return on Bank of England taxonomy 2.2.0. The Bank of England applies it to annual solo (ARS) 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.22.07.01.01, r: R0100, c: C0010} = {t: IR.12.01.01.01, r: R0330, c: C0070} + {t: IR.17.01.01.01, r: R0480, c: C0180}

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.