# The Insurance Companies Regulations 1994, Paragraph 2: Method No. 2


The minimum amount of the equalisation reserve shall be 134 per cent. 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.

---
Source: https://www.legislation.gov.uk/uksi/1994/1516/schedule/14/paragraph/2n2 (the official version)
Page: https://openlegislation.uk/insurance-companies-regulations-1994/schedule-14/paragraph-2n2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.