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Application provision

1.1 Unless otherwise stated, this Part applies to a small non-directive insurer.

1.1

07/03/2016

Unless otherwise stated, this Part applies to a small non-directive insurer.

1.2

07/03/2016

In this Part, the following definitions shall apply:

FCA activities

means a function which would, except for SUP10A.11.12R of the FCA Handbook, be an FCA governing function.

Small Insurer Chief Actuary function

has the meaning given in 4.1.

Small Insurer Senior Management function

has the meaning given in 3.1.

Small Insurer With-Profits Actuary function

has the meaning given in 5.1.