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Application provision

1.1 Unless otherwise stated, this Part applies to:

  1. (1) a UK Solvency II firm;
  2. (2) in accordance with Insurance General Application 3, the Society; and
  3. (3) in accordance with Insurance General Application 3, managing agents.

5.1

01/01/2016

If a general insurer and a long-term insurer have financial, commercial or administrative links with each other, each of those firms must ensure that its accounts are not distorted by an agreement between them or by any arrangement which could affect the apportionment of expenses and income.

Additional Notes


[Note: Art. 73(4) of the Solvency II Directive]