The Insurance Companies (Accounts and Statements) Regulations 1996

2. Introductory Text

1. Citation and commencement

3. 2. Application

4. 3. Interpretation

5. 4. Value of assets and amount of liabilities

6. 5. Content and form of accounts

7. 6. Balance sheet

8. 7. Profit and loss account

9. 8. Revenue account

10. 9. Additional information on general business (accounting classes and discounting)

11. 10. Business categories for general business (reinsurance treaties accepted)

12. 11. Additional information on general business (reinsurance treaties accepted)

13. 12. Risk groups for general business

14. 13. Additional information on general business (direct and facultative business)

15. 14. Additional information on general business (direct and facultative reconciliation business)

16. 15. Currencies other than sterling

17. 16. Additional information on prescribed general business

18. 17. Additional information on long term business

19. 18. Forms prepared pursuant to regulations 9, 11 and 13 to 17

20. 19. Additional information on general business: major treaty reinsurers

21. 20. Additional information on general business: major facultative reinsurers

22. 21. Information on major general business reinsurance cedants

23. 22. Provisions supplemental to regulations 19 to 21

24. 23. Additional information on derivative contracts

25. 24. Additional information on shareholder controllers

26. 25. Periodic actuarial investigation

27. 26. Additional information on general business ceded

28. 27. Signature of documents

29. 28. Certificates

30. 29. Audit and auditor’s report

31. 30. Qualification of actuary

32. 31. Information on appointed actuary

33. 32. Qualifications of auditor

34. 33. Transitional provisions

35. 34. Amendments of the 1983 Regulations

36. 35. Revocations

37. Signature

38. 1. Schedule 1

       Balance sheet and profit and loss account (Forms 9 to 17).

    2. Schedule 2

       General business: revenue account and additional information (Forms 20 to 39).

    3. Schedule 3

       Long term business: revenue account and additional information (Forms 40 to 45).

    4. Schedule 4

       Abstract of valuation report prepared by the appointed actuary (Forms 46 to 61).

    5. Schedule 5

       General business: additional information on business ceded.

    6. Schedule 6

       Certificates by directors and actuary and report of auditors.

    7. Schedule 7

       Regulations revoked.

39. Explanatory Note