Explanatory note

The Regulations amend the Insurance Companies (Accounts and Statements)

Regulations 1983 by providing that the certificate signed by the appointed actuary and annexed to the documents deposited with the Secretary of State under section 22(1) of the Insurance Companies Act 1982, by companies which carry on long term business, shall contain a statement that (if such be the case) the professional guidance notes “Actuaries and Long-Term Insurance Business (GN1)” and “Additional Guidance for Appointed Actuaries (GN8)”, issued by the Institute of Actuaries and the Faculty of Actuaries and dated July 1992, have been complied with. The guidance notes may be obtained by writing to—

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