SCHEDULES

C1SCHEDULE 9A Form and Content of Accounts of Insurance Companies and Groups

Annotations:

PART I Individual Accounts

Chapter II Accounting Principles and Rules

Section B Current Value Accounting Rules

Valuation of assets: general

22

1

Subject to paragraph 24 below, investments falling to be included under Assets item C (investments) shall be included at their current value calculated in accordance with paragraphs 25 and 26 below.

2

Investments falling to be included under Assets item D (assets held to cover linked liabilities) shall be shown at their current value calculated in accordance with paragraphs 25 and 26 below.