SCHEDULES

F1F1F2SCHEDULE 9A

Annotations:
Amendments (Textual)
F2

Sch. 9A substituted (19.12.1993) by virtue of S.I. 1993/3246, regs. 4, 6, 7, Sch. 1

PART I Individual Accounts

Chapter iii Notes to the Accounts

Information supplementing the profit and loss account

75Particulars of business

1

As regards general business a company shall disclose—

a

gross premiums written,

b

gross premiums earned,

c

gross claims incurred,

d

gross operating expenses, and

e

the reinsurance balance.

2

The amounts required to be disclosed by sub-paragraph (1) shall be broken down between direct insurance and reinsurance acceptances, if reinsurance acceptances amount to 10 per cent.or more of gross premiums written.

3

Subject to sub-paragraph (4) below, the amounts required to be disclosed by sub-paragraphs (1) and (2) above with respect to direct insurance shall be further broken down into the following groups of classes —

a

accident and health,

b

motor (third party liability),

c

motor (other classes),

d

marine, aviation and transport,

e

fire and other damage to property,

f

third-party liability,

g

credit and suretyship,

h

legal expenses,

i

assistance, and

j

miscellaneous, where the amount of the gross premiums written in direct insurance for each such group exceeds 10 million ECUs.

4

The company shall in any event disclose the amounts relating to the three largest groups of classes in its business.