Related Commentary  

7(1)  Where the period during which a reinsurance arrangement is in force falls within more than one accounting period, the percentage rate of return–

(a)in relation to the first accounting period, is the rate prescribed by paragraph (2) below;

(b)in relation to any subsequent accounting period other than the final accounting period or an accounting period falling within paragraph (6) below, is the rate prescribed by paragraph (4) below.

7(2)  The rate prescribed by this paragraph is the rate (“R”) found by the formula–

R = (D – E) × F


Need help? Get subscribed!

To subscribe to this content, simply call 0800 231 5199

We can create a package that’s catered to your individual needs.

Or book a demo to see this product in action.