Regulation 7 Form and content of summary financial statement of insurance companies and groups

Insert after paragraph 3 –

“Summary of paragraph 1(1) of Schedule 6 to the 1986 Order and of the directors' remuneration report

3A.

The summary financial statement shall contain the whole of, or a summary of –

(a)

that portion of the notes to the accounts for the year in question which set out the information required by paragraph 1(1) of Part I of Schedule 6 to the 1986 Order (aggregate amount of directors' emoluments); and

(b)

to the extent that the company is required to produce a directors' remuneration report, those portions of the directors' remuneration report for the year in question which set out the matters required by paragraphs 3 (statement of company’s policy on directors' remuneration) and 4 (performance graph) of Schedule 7A to the 1986 Order.” and

Omit paragraph 4(4).