2
3
Amount of yearly premiums
Number
Class
Type of insurance
of
contracts
Amount of sums assured or annuities per annum including vested reversionary bonuses
Office Net premiums premiums
Value of sums assured or annuities per annum including vested reversionary bonuses
(6) Without participation in profits:
Life annuities in course of payment
Deferred life annuities
Other types (to be specified)
Total annuities with profits
6
7
8
Value of yearly net premiums
Amount
of net
liability
Bases of
valuation
66
CAP. 41]
Insurance Companies
[1988 Ed.
1. The classes referred to correspond to the classes of Long Term Business set out in Part 2 of the First Schedule.
2.
Within each class of insurance, the following are to be shown--
(i) direct business and reinsurances accepted;
(ii) reinsurances ceded; and
(iii) net retained business.
3. The entry under column 8 should either refer to details given as supplementary information or should state the mortality tables/statistical tables and rates of interest employed, as appropriate.
4.
With regard to business falling within class A-
(1) separate summaries similar in form to the above must be furnished in respect of policies valued by different mortality tables, or at different rates of interest; and (ii) contracts the nature of which or the method of valuation of which makes it impossible or inappropriate to give the information required in columns 4, 5 and 6 of any valuation summary are to be shown separately and the reason stated.
Total annuities
B
Marriage and birth
C
Linked long term
D
Permanent health
E
Tontines
F
Capital redemption
Notes
TOTALS
*
1