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Glossary

The Rulebook Glossary contains defined terms used in more than one Part across the PRA Rulebook.

The full Glossary can be downloaded as a PDF or printed using the icons to the right.

Term Definition Legal instruments for this definition

general insurance business

19/06/2014

the business of effecting contracts of insurance or carrying out contracts of insurance in each case in relation to contracts of general insurance only.

GENPRU

03/08/2015

means the General Prudential sourcebook for Banks, Building Societies, Insurers and Investment Firms in the PRA Handbook as at 31 July 2015.

goods in transit

03/07/2015

means the class of contract of insurance specified in paragraph 7 of Part I of Schedule 1 to the Regulated Activities Order.

governing body

01/02/2014

means the board of directors, committee of management or other governing body of an unincorporated association or body corporate.

guidance

19/06/2014

means guidance given by the PRA in the form of supervisory statements or otherwise.