Regulation 3, 4, 5, 6.
Notes:
1. This form should be completed in respect of Motor Vehicle, Employers Liability and Public Liability insurance business. Separate forms should be completed in respect of each establishment of an undertaking.
2. The following information should be shown as a footnote to the latest year of origin Form 8 for Motor Vehicle Business.
(a) Units of account
The value attaching to the unit of account shall as from 31st December each year be that of the last day of the preceding October as calculated in accordance with Statutory Instrument No. 276 of 1976.
(b) Net incurred claims to be taken as:
Claims arising on direct business plus claims arising on reinsurance acceptances less claims arising on reinsurance ceded.
(c) Gross incurred claims to be taken as:
Claims arising on direct business plus claims arising on all reinsurance acceptances.
Note:
Details of any reinsurer removed from the reporting company's reinsurance security listing during the year of
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