# The General Insurers’ Technical Provisions (Appropriate Amount) (Tax) Regulations 2009, Regulation 10: Appropriate amount of technical provisions: members of open Lloyd’s syndicates

Extent: E+W+S+N.I.

(1) This regulation applies to any general insurer which is a member of an open Lloyd’s syndicate.
(2) For a period of account, the appropriate amount of the technical provisions for the purposes of paragraph 1 of Schedule 11 is the aggregate of the member’s share of—
(a) the amount of the provision for unearned premiums determined in accordance with paragraph 50 of Schedule 3 to the Accounts and Reports Regulations;
(b) the amount of the provision for unexpired risks determined in accordance with paragraph 51 of that Schedule 3; and
(c) the amount of the liabilities in respect of claims outstanding arising from the general business of the syndicate.

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Source: https://www.legislation.gov.uk/uksi/2009/1926/regulation/10 (the official version)
Page: https://openlegislation.uk/general-insurers-technical-provisions-appropriate-amount-tax-regulations-2009/regulation-10
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.