The rule in plain words
The item "Temporary identifier for country 3" must not be reported
What to do if your return fails it
- 01Open the tables below and find the cells the rule reads.
- 02Remove the value from this cell where the rule applies. A 0 is a value too, so leave the cell out of the return altogether.
- 03This is a blocking check. A return that fails it is normally rejected, so fix it before you submit.
The cells it reads
Solvency capital requirement - non-life and health catastrophe risk: health catastrophe risk - concentration accident. other countries to be considered in the concentration accident (IRR.27.01.01.23)
Row
- R4010Other countries to be considered in the Concentration accident
Columns
- C1310Largest known accident risk concentration
- C1320Accidental death
- C1330Permanent disability
- C1350Disability 12 months
- C1360Medical treatment
- C1370Catastrophe Risk Charge before risk mitigation
- C1380Estimated Risk Mitigation
- C1390Estimated Reinstatement Premiums
- C1400Catastrophe Risk Charge after risk mitigation
Solvency capital requirement - non-life and health catastrophe risk: health catastrophe risk - pandemic. other countries to be considered in the pandemic (IRR.27.01.01.24)
Row
- R4410Other countries to be considered in the Pandemic
Columns
- C1420Number of insured people
- C1430Total pandemic exposure
- C1440Number of insured persons
- C1450Unit claim cost hospitalisation
- C1460Ratio of insured persons using hospitalisation
- C1470Unit claim cost medical practitioner
- C1480Ratio of insured persons using medical practitioner
- C1490Unit claim cost no formal medical care
- C1500Ratio of insured persons using no formal medical care
- C1510Catastrophe Risk Charge before risk mitigation
- C1520Estimated Risk Mitigation
- C1530Estimated Reinstatement Premiums
- C1540Catastrophe Risk Charge after risk mitigation
Solvency capital requirement - non-life and health catastrophe risk: health catastrophe risk - concentration accident (IR.27.01.01.23)
Row
- R4010Other countries to be considered in the Concentration accident
Columns
- C1310Largest known accident risk concentration
- C1320Accidental death
- C1330Permanent disability
- C1350Disability 12 months
- C1360Medical treatment
- C1370Catastrophe Risk Charge before risk mitigation
- C1380Estimated Risk Mitigation
- C1390Estimated Reinstatement Premiums
- C1400Catastrophe Risk Charge after risk mitigation
Solvency capital requirement - non-life and health catastrophe risk: health catastrophe risk - pandemic (IR.27.01.01.24)
Row
- R4410Other countries to be considered in the Pandemic
Columns
- C1420Number of insured people
- C1430Total pandemic exposure
- C1440Number of insured persons
- C1450Unit claim cost hospitalisation
- C1460Ratio of insured persons using hospitalisation
- C1470Unit claim cost medical practitioner
- C1480Ratio of insured persons using medical practitioner
- C1490Unit claim cost no formal medical care
- C1500Ratio of insured persons using no formal medical care
- C1510Catastrophe Risk Charge before risk mitigation
- C1520Estimated Risk Mitigation
- C1530Estimated Reinstatement Premiums
- C1540Catastrophe Risk Charge after risk mitigation
Which returns it applies to
Line4 Check runs it on quarterly solo (QRS), quarterly group (QRG), annual solo (ARS), annual group (ARG) and annual third-country branch (ARB) returns on Bank of England taxonomy 2.2.0. The Bank of England applies it to quarterly solo (QRS), annual third-country branch (ARB), annual solo (ARS), quarterly group (QRG) and annual group (ARG) 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 formulaShowHide
The Bank of England's formula. Cells are written as {t: table, r: row, c: column}.
if not(isNull($v0)) then false() else true()Other rules on Solvency capital requirement - non-life and health catastrophe risk (IRR.27.01)
- The item "Temporary identifier for country 1" must not be reported (IR_bv1641)Blocking
- The item "Temporary identifier for country 2" must not be reported (IR_bv1636)Blocking
- Solvency capital requirement - non-life and health catastrophe risk and solvency capital requirement - non-life and health catastrophe risk: the format of a code or text (IR_bv1700)Blocking
- Solvency capital requirement - non-life and health catastrophe risk: values must agree (IR_bv0707_02)Blocking
- Solvency capital requirement - non-life and health catastrophe risk: values must agree (IR_bv0706_02)Blocking
- Solvency capital requirement - non-life and health catastrophe risk: values must agree (IR_bv0705_01)Blocking
- Solvency capital requirement - non-life and health catastrophe risk: values must agree (IR_bv0704_02)Blocking
- Solvency capital requirement - non-life and health catastrophe risk: values must agree (IR_bv0703_02)Blocking
Every Solvency UK rule on IRR.27.01
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.
