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Division Method specificationF1

United Kingdom Repealed

Original text. Later amendments are not shown.

  1. (3)For the purpose of paragraphs 4-7, the following notation shall apply:
  2. (4)The undertaking-specific specific adjustment factor for non-proportional reinsurance shall be equal to the following:
  3. (5)The estimated adjustment factor for non-proportional reinsurance shall be equal to the following:
  4. (6)The parameters, μ 2, ω 1 and ω 2 shall be equal to the following:
  5. (7)Notwithstanding paragraph 5, where non-proportional reinsurance covers homogeneous risk-groups within a segment, the estimated adjustment factor for non-proportional reinsurance shall be equal to the following:

Annotations

Textual amendments

F1

Regulation revoked (30.6.2024 for the revocation of Arts. 52-54; 31.12.2024 in so far as not already in force) by Financial Services and Markets Act 2023 (c. 29), s. 86(3), Sch. 1 Pt. 3 (with s. 1(4)); S.I. 2023/1382, reg. 5(c)(i); S.I. 2024/620, Sch. (with savings in relation to a Gibraltar group or a Gibraltar undertaking in S.I. 2024/1083, reg. 3)