The rule in plain words
There is at least one monetary fact reported for which the currency in the currency context is not aligned with currency identified with domain member
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.
The cells it reads
Non-life annuities information (IR.16.01.01.02)
Rows
- R0040Prior years
- R0050N-14
- R0060N-13
- R0070N-12
- R0080N-11
- R0090N-10
- R0100N-9
- R0110N-8
- R0120N-7
- R0130N-6
- R0140N-5
- R0150N-4
- R0160N-3
- R0170N-2
- R0180N-1
- R0190N
- R0200Total
Columns
- C0013RBNS as at the last QE prior to claim being designated as a non-life annuity claim
- C0014Lump sum paid or payable upon claim being designated a non-life annuity claim
- C0015Undiscounted annuity claims provisions established upon claim being designated a non-life annuity claim
- C0017Annuity payments paid from when claim first designated a non-life annuity claim until end of year N
- C0018Undiscounted annuity claims provisions established upon claim being designated a non-life annuity claim
- C0019Undiscounted annuity claims provisions at the end of year N
- C0020Undiscounted annuity claims provisions at the start of year N
- C0040Annuity payments paid during year N
- C0050Undiscounted annuity claims provisions at the end of year N
- C0070Best Estimate for annuity claims provisions at the end of year N (discounted basis)
Non-life claim development: gross claims paid (non-cumulative) - development year (absolute amount) (IR.19.01.01.01)
Rows
- R0100Prior
- R0110N-14
- R0120N-13
- R0130N-12
- R0140N-11
- R0150N-10
- R0160N-9
- R0170N-8
- R0180N-7
- R0190N-6
- R0200N-5
- R0210N-4
- R0220N-3
- R0230N-2
- R0240N-1
- R0250N
Columns
- C00100
- C00201
- C00302
- C00403
- C00504
- C00605
- C00706
- C00807
- C00908
- C01009
- C011010
- C012011
- C013012
- C014013
- C015014
- C016015 & +
Non-life claim development: gross claims paid (non-cumulative) - current year, sum of years (cumulative) (IR.19.01.01.02)
Rows
- R0100Prior
- R0110N-14
- R0120N-13
- R0130N-12
- R0140N-11
- R0150N-10
- R0160N-9
- R0170N-8
- R0180N-7
- R0190N-6
- R0200N-5
- R0210N-4
- R0220N-3
- R0230N-2
- R0240N-1
- R0250N
- R0260Total
Columns
- C0170In Current year
- C0180Sum of years (cumulative)
Non-life claim development: gross undiscounted best estimate provision for claims outstanding - development year (absolute amount) (IR.19.01.01.03)
Rows
- R0100Prior
- R0110N-14
- R0120N-13
- R0130N-12
- R0140N-11
- R0150N-10
- R0160N-9
- R0170N-8
- R0180N-7
- R0190N-6
- R0200N-5
- R0210N-4
- R0220N-3
- R0230N-2
- R0240N-1
- R0250N
Columns
- C02000
- C02101
- C02202
- C02303
- C02404
- C02505
- C02606
- C02707
- C02808
- C02909
- C030010
- C031011
- C032012
- C033013
- C034014
- C035015 & +
Non-life claim development: gross discounted best estimate provision for claims outstanding - current year (IR.19.01.01.04)
Rows
- R0100Prior
- R0110N-14
- R0120N-13
- R0130N-12
- R0140N-11
- R0150N-10
- R0160N-9
- R0170N-8
- R0180N-7
- R0190N-6
- R0200N-5
- R0210N-4
- R0220N-3
- R0230N-2
- R0240N-1
- R0250N
- R0260Total
Column
- C0360Year end (discounted data)
Non-life claim development: gross reported but not settled claims (RBNS) - development year (absolute amount) (IR.19.01.01.05)
Rows
- R0100Prior
- R0110N-14
- R0120N-13
- R0130N-12
- R0140N-11
- R0150N-10
- R0160N-9
- R0170N-8
- R0180N-7
- R0190N-6
- R0200N-5
- R0210N-4
- R0220N-3
- R0230N-2
- R0240N-1
- R0250N
Columns
- C04000
- C04101
- C04202
- C04303
- C04404
- C04505
- C04606
- C04707
- C04808
- C04909
- C050010
- C051011
- C052012
- C053013
- C054014
- C055015 & +
Non-life claim development: gross reported but not settled claims (RBNS) - current year (IR.19.01.01.06)
Rows
- R0100Prior
- R0110N-14
- R0120N-13
- R0130N-12
- R0140N-11
- R0150N-10
- R0160N-9
- R0170N-8
- R0180N-7
- R0190N-6
- R0200N-5
- R0210N-4
- R0220N-3
- R0230N-2
- R0240N-1
- R0250N
- R0260Total
Column
- C0560Year end
Non-life claim development: net claims paid (non-cumulative) - development year (absolute amount) (IR.19.01.01.13)
Rows
- R0500Prior
- R0510N-14
- R0520N-13
- R0530N-12
- R0540N-11
- R0550N-10
- R0560N-9
- R0570N-8
- R0580N-7
- R0590N-6
- R0600N-5
- R0610N-4
- R0620N-3
- R0630N-2
- R0640N-1
- R0650N
Columns
- C12000
- C12101
- C12202
- C12303
- C12404
- C12505
- C12606
- C12707
- C12808
- C12909
- C130010
- C131011
- C132012
- C133013
- C134014
- C135015 & +
Non-life claim development: net claims paid (non-cumulative) - current year, sum of years (cumulative)) (IR.19.01.01.14)
Rows
- R0500Prior
- R0510N-14
- R0520N-13
- R0530N-12
- R0540N-11
- R0550N-10
- R0560N-9
- R0570N-8
- R0580N-7
- R0590N-6
- R0600N-5
- R0610N-4
- R0620N-3
- R0630N-2
- R0640N-1
- R0650N
- R0660Total
Columns
- C1360In Current year
- C1370Sum of years (cumulative)
Non-life claim development: net undiscounted best estimate provision for claims outstanding - development year (IR.19.01.01.15)
Rows
- R0500Prior
- R0510N-14
- R0520N-13
- R0530N-12
- R0540N-11
- R0550N-10
- R0560N-9
- R0570N-8
- R0580N-7
- R0590N-6
- R0600N-5
- R0610N-4
- R0620N-3
- R0630N-2
- R0640N-1
- R0650N
Columns
- C14000
- C14101
- C14202
- C14303
- C14404
- C14505
- C14606
- C14707
- C14808
- C14909
- C150010
- C151011
- C152012
- C153013
- C154014
- C155015 & +
Non-life claim development: net RBNS claims - development year (absolute amount) (IR.19.01.01.17)
Rows
- R0500Prior
- R0510N-14
- R0520N-13
- R0530N-12
- R0540N-11
- R0550N-10
- R0560N-9
- R0570N-8
- R0580N-7
- R0590N-6
- R0600N-5
- R0610N-4
- R0620N-3
- R0630N-2
- R0640N-1
- R0650N
Columns
- C16000
- C16101
- C16202
- C16303
- C16404
- C16505
- C16606
- C16707
- C16808
- C16909
- C170010
- C171011
- C172012
- C173013
- C174014
- C175015 & +
Non-life claim development: net RBNS claims - current year, sum of years (cumulative) (IR.19.01.01.18)
Rows
- R0500Prior
- R0510N-14
- R0520N-13
- R0530N-12
- R0540N-11
- R0550N-10
- R0560N-9
- R0570N-8
- R0580N-7
- R0590N-6
- R0600N-5
- R0610N-4
- R0620N-3
- R0630N-2
- R0640N-1
- R0650N
- R0660Total
Column
- C1760Year end
Non-life claim development: gross premium (IR.19.01.01.22)
Rows
- R0100Prior
- R0110N-14
- R0120N-13
- R0130N-12
- R0140N-11
- R0150N-10
- R0160N-9
- R0170N-8
- R0180N-7
- R0190N-6
- R0200N-5
- R0210N-4
- R0220N-3
- R0230N-2
- R0240N-1
- R0250N
Columns
- C0570Gross Earned Premium - up to and including the reporting reference date
- C0580Estimate of future gross earned premium at the reporting reference date
Non-life claim development: net premiums (IR.19.01.01.24)
Rows
- R0500Prior
- R0510N-14
- R0520N-13
- R0530N-12
- R0540N-11
- R0550N-10
- R0560N-9
- R0570N-8
- R0580N-7
- R0590N-6
- R0600N-5
- R0610N-4
- R0620N-3
- R0630N-2
- R0640N-1
- R0650N
Columns
- C1770Net Earned Premium - up to and including the reporting reference date
- C1780Estimate of future net earned premium at the reporting reference date
Non-life general liability claim development: gross claims paid (non-cumulative) - development year (absolute amount) (IR.19.02.01.01)
Rows
- R0100Prior
- R0110N-14
- R0120N-13
- R0130N-12
- R0140N-11
- R0150N-10
- R0160N-9
- R0170N-8
- R0180N-7
- R0190N-6
- R0200N-5
- R0210N-4
- R0220N-3
- R0230N-2
- R0240N-1
- R0250N
Columns
- C00100
- C00201
- C00302
- C00403
- C00504
- C00605
- C00706
- C00807
- C00908
- C01009
- C011010
- C012011
- C013012
- C014013
- C015014
- C016015 & +
Non-life general liability claim development: gross claims paid (non-cumulative) - current year, sum of years (cumulative) (IR.19.02.01.02)
Rows
- R0100Prior
- R0110N-14
- R0120N-13
- R0130N-12
- R0140N-11
- R0150N-10
- R0160N-9
- R0170N-8
- R0180N-7
- R0190N-6
- R0200N-5
- R0210N-4
- R0220N-3
- R0230N-2
- R0240N-1
- R0250N
- R0260Total
Columns
- C0170Gross Paid in current year
- C0180All years of development (cumulative)
Non-life general liability claim development: gross undiscounted best estimate provision for claims outstanding - development year (IR.19.02.01.03)
Rows
- R0100Prior
- R0110N-14
- R0120N-13
- R0130N-12
- R0140N-11
- R0150N-10
- R0160N-9
- R0170N-8
- R0180N-7
- R0190N-6
- R0200N-5
- R0210N-4
- R0220N-3
- R0230N-2
- R0240N-1
- R0250N
Columns
- C02000
- C02101
- C02202
- C02303
- C02404
- C02505
- C02606
- C02707
- C02808
- C02909
- C030010
- C031011
- C032012
- C033013
- C034014
- C035015 & +
Non-life general liability claim development: gross reported but not settled claims (RBNS) - development year (absolute amount) (IR.19.02.01.05)
Rows
- R0100Prior
- R0110N-14
- R0120N-13
- R0130N-12
- R0140N-11
- R0150N-10
- R0160N-9
- R0170N-8
- R0180N-7
- R0190N-6
- R0200N-5
- R0210N-4
- R0220N-3
- R0230N-2
- R0240N-1
- R0250N
Columns
- C04000
- C04101
- C04202
- C04303
- C04404
- C04505
- C04606
- C04707
- C04808
- C04909
- C050010
- C051011
- C052012
- C053013
- C054014
- C055015 & +
Non-life general liability claim development: gross reported but not settled claims (RBNS) - current year (IR.19.02.01.06)
Rows
- R0100Prior
- R0110N-14
- R0120N-13
- R0130N-12
- R0140N-11
- R0150N-10
- R0160N-9
- R0170N-8
- R0180N-7
- R0190N-6
- R0200N-5
- R0210N-4
- R0220N-3
- R0230N-2
- R0240N-1
- R0250N
- R0260Total
Column
- C0560Year end
Non-life general liability claim development: gross estimated ultimate premium (absolute amount) (IR.19.02.01.22)
Rows
- R0100Prior
- R0110N-14
- R0120N-13
- R0130N-12
- R0140N-11
- R0150N-10
- R0160N-9
- R0170N-8
- R0180N-7
- R0190N-6
- R0200N-5
- R0210N-4
- R0220N-3
- R0230N-2
- R0240N-1
- R0250N
Columns
- C0570Gross earned premium up to and including the reporting reference date
- C0580Estimate of future gross earned premium at the reporting reference date
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}.
localName(dim({dt: MONETARY, filter: [s2c_dim:AF] = [s2c_CA:x1] and not([s2c_dim:OC] = [s2c_CU:x5] or [s2c_dim:OC] = [s2c_CU:x6] or [s2c_dim:OC] = [s2c_CU:x7])},$[s2c_dim:OC])) = localName(unit({dt: MONETARY, filter: [s2c_dim:AF] = [s2c_CA:x1] and not([s2c_dim:OC] = [s2c_CU:x5] or [s2c_dim:OC] = [s2c_CU:x6] or [s2c_dim:OC] = [s2c_CU:x7])}))Other rules on Non-life annuities information (IR.16.01)
- Non-life annuities information: the total of all annuities should equal the sum of those annuities over N years (IR_bv2217)Blocking
- Non-life annuities information: a conditional check (IR_bv3029)Blocking
- Non-life annuities information: a conditional check (IR_bv3031)Blocking
Every Solvency UK rule on IR.16.01
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.