# The Insurance Companies (Accounts and Statements) Regulations 1996, Paragraph 10: Premiums


(1) Notwithstanding the requirements of the shareholder accounts rules, amounts included in Forms 11 and 12 in respect of—
(a) gross premiums receivable;
(b) claims paid;
(c) claims outstanding; and
(d) reinsurance recoveries,
shall be determined in accordance with Schedules 3 to 5 to the Insurance Companies Regulations.
(2) Where any amount included in Form 11 or 12 pursuant to paragraph (1) above differs from the aggregate of the corresponding amounts included in Forms 21, 22, 24 and 25, there shall be stated by way of supplementary note to Form 11 or 12, as the case may be—
(a) the amount of such difference; and
(b) an explanation for such difference.

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Source: https://www.legislation.gov.uk/uksi/1996/943/schedule/1/paragraph/10 (the official version)
Page: https://openlegislation.uk/insurance-companies-accounts-and-statements-regulations-1996/schedule-1/paragraph-10
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.