Additional information on general business (direct and facultative business)
13.—(1) Every company which carries on general business shall, with respect to the financial year in question and in relation to each country and each risk group (as classified by it under regulation 12 above), prepare in accordance with the requirements of Schedule 2 below—
(a)Form 31 for direct and facultative business, other than business falling within accounting class 2, reported on Forms 21, 22 and 23;
(b)Form 32 for direct and facultative business falling within accounting class 2 reported on Forms 21, 22 and 23; and
(c)Form 34 for direct and facultative business reported on Forms 24 and 25.
(2) Where a company has reported business with respect to any previous financial year and relating to a country and a risk group in Form 31, 32 or 34 pursuant to paragraph (1) above, it shall continue to report that business for that financial year for the same country and risk group in Form 31, 32 or 34 (as appropriate).
(3) Where any of Forms 31, 32 or 34 has been prepared in respect of the entire business of a company, no separate forms need be prepared—
(a)in the case of an external company, in respect of business carried on by it through a branch in the United Kingdom; and
(b)in the case of a United Kingdom deposit company, in respect of business carried on by it through a branch in any EEA State where business is carried on.