Regulations 4 and 14.
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1 Descriptions of Asset |
2 Maximum % of technical reserves which an individual asset in column 1 must not exceed |
3 Maximum % of technical reserves which the aggregate of the assets in column 1 must not exceed |
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1. |
A piece of land not being land held as a security for a debt) or a number of pieces of such land to which in the most recent proper valuation of such pieces of land, an aggregate value is ascribed which is greater than the aggregate of the value of each of such pieces of land valued separately. |
5% |
25% |
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2. |
Secured debts (other than a listed debenture) due or to become due to the undertaking from |
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(a) |
any one company and any of its connected companies (not being a dependant of the insurance company) |
5% |
(a) + (b) 15% |
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(b) |
5% |
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See Debts Admissibility Flowchart |
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3. |
Debts due or to become due to the undertaking from an individual (other than an individual wh | |||