EIOPA · 3023
Reporting Templates
- Regulation
- (EU) 2023/894 - ITS with regard to the templates for the submission of information necessary for supervision
- Topic
- Reporting Templates
- Submitted
- 2024-03-05
- Answered
- 2025-04-30
Question
In SII taxonomy 2.8.0, R1210/C0200 in S.05.01.02 has been modified from "Other Expenses" to "Balance - other technical expenses/income". As a result, our clients are now calculating this as the Balance of Other income minus Other expenses based on their understanding of the instruction in ITS. Given this change, does it still make sense that validation BV214 remains the same as it was in taxonomy 2.7.0 (i.e. {R1300, C0200} = {R0550, C0200} + {R1210, C0200})? Could you please provide further clarification on this case? as in how the "Total technical expenses" is expected to be provided by summing "Expenses Incurred" with "Balance - other technical expenses/income", given that the latter is calculated by deducting other expenses from balance of other income. We noticed that the description of the validation also did not change from 2.7.0, meaning that it still refers to the old label "Other Expenses" instead of "Balance - other technical expenses/income".
Answer
BV214 has been deactivated in the April 2025 deactivation cycle.
This Q&A is published by European Insurance and Occupational Pensions Authority and is non-binding. It does not constitute legal advice. Updated weekly from official ESA sources.
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