# The Insurance Companies (Accounts and Statements) Regulations 1996, Paragraph 16: UK and overseas business


(1) For each accounting class there shall be stated separately for business accounted for on an accident year basis and on an underwriting year basis the following by way of supplementary note to Form 20—
(a) the total gross premium written and the amounts attributable to UK and to overseas business; and
(b) the reinsurers' amount in respect of each of the amounts required to be stated under sub-paragraph (a) above.
(2) For the purposes of this Schedule gross premiums written shall be shown or included as UK premiums if, in the case of direct insurance or inwards facultative reinsurance, the contract of insurance was made in the United Kingdom or if, in the case of a reinsurance treaty, the cedant was a company having its head office in the United Kingdom or was a member of Lloyd's; and “overseas premiums” shall be construed accordingly.

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Source: https://www.legislation.gov.uk/uksi/1996/943/schedule/2/paragraph/16 (the official version)
Page: https://openlegislation.uk/insurance-companies-accounts-and-statements-regulations-1996/schedule-2/paragraph-16
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.