GIM2000 - Accounting framework

This section provides guidance on the accounting standards that apply to general insurers, and on the format of accounts.

GIM2010Accounting framework: background
GIM2020Insurance Accounts Directive
GIM2030Schedule 9A Companies Act 1985
GIM2040Association of British Insurers (ABI): Statement of Recommended Practice (SORP)
GIM2050Association of British Insurers: Statements of Recommended Practice 1990, 1998, 2003 and 2005
GIM2060International Accounting Standards (IAS)
GIM2070Interaction of International Accounting Standards and Schedule 9A Companies Act 85
GIM2080General principles of insurance accounting
GIM2090Annual accounting: general
GIM2100Annual accounting: Unearned Premium Provision (UPP)
GIM2110Annual accounting: Unearned Premium Provision (UPP): example
GIM2120Annual accounting: deferred acquisition costs (DAC)
GIM2125Annual accounting: provision for costs of running-off insurance business
GIM2130Annual accounting: Unexpired Risks Provision (URP)
GIM2140Funded accounting: general and the transition to annual accounting
GIM2150Funded accounting: open and closed years
GIM2160Technical provisions
GIM2170Equalisation Reserves
GIM2180Discounting of provisions / reserves
GIM2190Investment income
GIM2200Example of annual accounting
GIM2210Example of funded accounting


Home|Main Contents|Manual Contents

Top