Glossary

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Term Definition Legal instruments

gross written premium for fees purposes

01/03/2019

THIS DEFINITION ONLY APPLIES TO THE FEES PART

means:

  1. (1) for UK Solvency II firms in the general insurance fee block (A3), the total of items entered under row codes R0110, R0120 and R0130, as expressed in column code C0200 where this column is completed for those row codes, of the annual quantitative reporting template S.05.01.01, as reported to the PRA;
  2. (2) for non-directive firms in the general insurance fee block (A3), a firm’s gross premium written as reported to the PRA under item 11 of form 11, or where this is not reported because the firm is a Swiss general insurer or holds a relevant waiver, the entry at sheet 1, line 1, column 1, of form 20A, or where the firm is a friendly society, the income and expenditure account entry for gross premium written or contributions as income receivable, as appropriate under the Friendly Societies (Accounts and Related Provisions) Regulation 1994 (SI 1994/1983); and
  3. (3) for UK Solvency II firms in the life insurance fee block (A4), the item entered under row code R1410, column code C0300 of the annual quantitative reporting template S05.01.01 minus corporate pensions business under column code C0060 of the annual quantitative reporting template S14.01.01, and minus 0.35 x unit-linked business which is not also corporate pensions business reported under column code C0060 of the annual quantitative reporting template S14.01.01, as reported to the PRA.