General Insurance Reserves (Tax) Regulations

Guidance on the provisions of Section 107 FA 2000 including the discount rate (rule 5) and interest rate (rule 9) relevant to the calculations, can be found in Chapter 6 of the General Insurance Manual in the ‘Manuals’ section of this website.

Additional guidance on the applying the rules to Lloyd's can be found in the following documents:

• Using the "Lloyd's Calculator"
• Lloyds - Allocation of claims and provisions calculator (xls 36K)

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