# The Insurance Companies Regulations 1994, Paragraph 3: The company


A statement showing the amount by which assets are expected to exceed liabilities at the date of authorisation (after application of valuation regulations) and how calculated.

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Source: https://www.legislation.gov.uk/uksi/1994/1516/schedule/2/part/I/paragraph/3 (the official version)
Page: https://openlegislation.uk/insurance-companies-regulations-1994/schedule-2/part-I/paragraph-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.