Question ID: 1067
Regulation Reference: (EU) No 2015/2452 - procedures, formats and templates of the solvency and financial condition report
Article: 35
Template: S.16.01
Status: Final
Date of submission: 17 Feb 2017
Question
A (blocking) validation check is used on QRT S.16.01 to see if the Undiscounted development result (C0080) can be derived from its underlying components. In the EIOPA log file, we find that C0080 should equal C0030 + C0040 - C0050 - C0060. However, in the file with validation checks (2.1.0), the formula is different (not taking into account the C0040): C0080 = C0030 - C0050 - C0060. Since this check is blocking, could you correct the validation check (by including C0040)?
EIOPA answer
After the amendments introduced to the ITS on reporting, the LOG for the template S.16.01 follows the updated validation BV34 as published in the latest version of the list of validations.