{
  "url": "https://openlegislation.uk/insurance-companies-accounts-and-statements-regulations-1996/regulation-10",
  "json_url": "https://openlegislation.uk/insurance-companies-accounts-and-statements-regulations-1996/regulation-10.json",
  "legislation": "uksi/1996/943",
  "legislation_title": "The Insurance Companies (Accounts and Statements) Regulations 1996",
  "legislation_url": "https://openlegislation.uk/insurance-companies-accounts-and-statements-regulations-1996",
  "path": "regulation/10",
  "kind": "regulation",
  "number": "10",
  "heading": "Business categories for general business (reinsurance treaties accepted)",
  "text": "(1) Every company which carries on general business shall, for the purposes of this regulation, allocate its business falling within accounting classes 9, 10 and 11 to separate business categories, that is to say—\n(a) accident and health (corresponding general business classes 1 (other than 1(p)) and 2);\n(b) motor (corresponding general business classes 1(p), 3 and 10);\n(c) aviation (corresponding general business classes 1(p), 5 and 11);\n(d) marine (corresponding general business classes 1(p), 6 and 12);\n(e) transport (corresponding general business class 7);\n(f) property (corresponding general business classes 4, 8 and 9);\n(g) third party liability (corresponding general business class 13); and\n(h) miscellaneous and pecuniary loss (corresponding general business classes 14, 15, 16, 17 and 18).\n(2) A company may allocate its business falling within general business class 7 (goods in transit) to the aviation and marine business categories and not to the transport business category and where such allocation is made the aviation and marine business categories shall be referred to as “aviation and transport” and “marine and transport” respectively.\n(3) Instead of allocating all business falling within the classes of general business specified in any of sub-paragraphs (a) to (h) of paragraph (1) above to the business category stated in that sub-paragraph, a company may allocate such business to two or more separate business categories, each of which shall consist only of business which would otherwise fall in the first-mentioned business category.\n(4) Where business is allocated to business categories pursuant to paragraph (3) above, the company shall, in the Forms to be prepared in accordance with the requirements of Schedule 2 below, refer to each business category so created by a name which—\n(a) describes the general nature of the business included; and\n(b) distinguishes that category from other business categories.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1996/943/regulation/10",
    "retrieved_at": "2026-10-29T12:46:26.922464+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}