# The Insurance Companies (Reserves) Regulations 1996, Paragraph 2: Methods of calculating transfers in


For business falling within a business group, the amount to be transferred to the equalisation reserve shall be the percentage specified in the table contained in paragraph 3 below of net premiums written in that financial year including adjustments in respect of all previous financial years in respect of that business.

---
Source: https://www.legislation.gov.uk/uksi/1996/946/schedule/1/paragraph/2 (the official version)
Page: https://openlegislation.uk/insurance-companies-reserves-regulations-1996/schedule-1/paragraph-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

