Schedule 1, Part 2 Managing Agent's Report (paras. 8-12)
Managing agent's report: general requirements
(1) The managing agent's report for a financial year must state -
(a) the names of the persons who at any time during the financial year were directors or partners of the managing agent; and
(b) the principal activities of the syndicate in the course of the year and any significant change to those activities in the year.
(2) The managing agent's report must contain -
(a) particulars of any important events affecting the syndicate which have occurred since the end of the financial year;
(b) an indication of likely future developments in the business of the syndicate; and
(c) an indication of the activities (if any) of the syndicate in the field of research and development.
Managing agent's report: business review