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The Insurance Companies (Accounts and Statements) Regulations 1996

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Periodic actuarial investigation

25.  Save in relation to paragraph (b) below, for the purposes of section 18 of the Act (periodic actuarial investigation of company with long term business) ordinary long term insurance business and industrial assurance business shall be treated separately and the abstract of the report of the actuary on long term business—

(a)shall comply with the requirements of Schedule 4 below and shall contain the information (together with such of Forms 46 to 49 and 51 to 58 as may be appropriate) specified in that Schedule; and

(b)except in the case of an EFTA company and an EEA deposit company, shall also include Form 60 and, where appropriate, Form 61.

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