# The Insurance Companies (Credit Insurance) Regulations 1990, Paragraph 2: Method No 2


The mimimum amount of the equalisation reserve shall be 134% of the average of the premiums or contributions received annually during the previous five financial years after subtraction of the cessions and addition of the reinsurance acceptances.

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Source: https://www.legislation.gov.uk/uksi/1990/1181/schedule/1/paragraph/n2 (the official version)
Page: https://openlegislation.uk/insurance-companies-credit-insurance-regulations-1990/schedule-1/paragraph-n2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.