# The Insurance Companies Regulations 1994, Regulation 21: Long term class V


For long term business of class V the required margin of solvency shall be equal to 1 per cent. of the assets of the relevant tontine.

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Source: https://www.legislation.gov.uk/uksi/1994/1516/regulation/21 (the official version)
Page: https://openlegislation.uk/insurance-companies-regulations-1994/regulation-21
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.