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SCHEDULES.
FIRST SCHEDULE.
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Section 4
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N.B.—Where marine insurance business or sinking fund or capital redemption insurance business is carried on, the income and expenditure thereof to be stated in like manner in separate accounts. Any additional businesses (including employers’ liability insurance business transacted out of the United Kingdom) to be shown in a separate inclusive general account.
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(A.)—Form applicable to Life Assurance Business.
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Revenue Account of the __________ for the Year ending __________ in respect of Life Assurance Business.
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—
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Business within the United Kingdom.
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Business out of the United Kingdom.
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Total.
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Amount of life assurance fund at the beginning of the year - - - -
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£ s. d.
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£ s. d.
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£ s. d.
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Premiums:—
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Consideration for annuities granted -
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£ s. d.
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Interest, dividends, and rents
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Less income tax thereon -
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Other receipts (accounts to be specified)
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Claims under policies paid and outstanding:—
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By death - - - - - - - -
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By maturity - - - - - - - -
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Surrenders, including surrenders of bonus - -
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Annuities - - - - - - - - -
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Bonuses in cash - - - - - - - -
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Bonuses in reduction of premiums - - - -
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Commission - - - - - - - -
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Expenses of management - - - - - -
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Other payments (accounts to be specified) - -
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Amount of life assurance fund at the end of the year, as per Third Schedule - - - - -
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£
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Note 1.—Companies having separate accounts for annuities to return the particulars of their annuity business in a separate statement.
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Note 2.—Companies having both Ordinary and Industrial branches to return the particulars of the business in each department separately.
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Note 3.—Items in this Account to be net amounts after deduction of the amounts paid and received in respect of re-assurances of the Company’s risks.
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Note 4.—If any sum has been deducted from the expenses of management account, and taken credit for in the Balance Sheet as an asset, the sum so deducted to be separately shown in the above Account.
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Note 5.—Particulars of the new life assurances effected during the year of account to be appended to the above Account showing separately, as respects business within and business out of the United Kingdom, the number of policies, the total sums assured, the amount received by way of single premiums, and the amount of the yearly renewal premium income, the items to be net amounts after deduction of the amounts paid and received in respect of re-assurances of the company’s risks. The particulars as to yearly renewal premium income need not be furnished in respect of Industrial business.
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Note 6.—The columns headed “Business out of the United Kingdom,” in the case of companies having their head office in the United Kingdom, apply only to business secured through Branch Offices or Agencies out of the United Kingdom.
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(B.)—Form applicable to Fire Insurance Business.
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Revenue Account of the_____for the Year ending_____19_____in respect of Fire Insurance Business.
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£ s. d.
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£ s. d.
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Amount of fire insurance fund at the beginning of the year:—
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Reserve for unexpired risks -
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Additional reserve (if any) -
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Premiums - - - - - - -
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£ s. d.
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Interest, dividends, and rents -
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Less income tax thereon -
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Other receipts (accounts to be specified) - -
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Claims under policies paid and outstanding -
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Commission - - - - - - -
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Expenses of management - - - -
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Contributions to fire brigades - - -
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Other payments (accounts to be specified) -
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£ s. d.
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Amount of fire insurance fund at the end of the year as per Third Schedule:—
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Reserve for unexpired risks being per cent. of premium income for the year - - - - -
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Additional reserve (if any) -
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£
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Note 1.—Items in this Account to be the net amounts after deduction of the amounts paid and received in respect of re-insurances of the Company’s risks.
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Note 2.—If any sum has been deducted from the Expenses of management account, and taken credit for in the Balance Sheet as an asset, the sum so deducted to be separately shown in the above Account.
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(C.)—Form applicable to Accident Insurance Business.
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Revenue Account of the_____for the Year ending_____19_____in respect of Accident Insurance Business.
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£ s. d.
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£ s. d.
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Amount of accident insurance fund at the beginning of the year:—
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Reserve for unexpired risks -
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Total estimated liability in respect of outstanding claims - - - -
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Additional reserve (if any) -
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Premiums—
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£ s. d.
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Interest, dividends, and rents -
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Less income tax thereon -
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Other receipts (accounts to be specified) -
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Payments under policies, including medical and legal expenses in connection therewith -
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Commission - - - - - - -
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Expenses of management - - - -
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Other payments (accounts to be specified) -
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£ s. d.
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Amount of accident insurance fund at the end of the year as per Third Schedule:—
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Reserve for unexpired risks being per cent. of premium income for the year - - - -
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Total estimated liability in respect of outstanding claims as per Fourth Schedule (C) - - -
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Additional reserve (if any) -
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£
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Note 1.—Items in this Account to be the net amounts after deduction of the amounts paid and received in respect of re-insurances of the Company’s risks.
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Note 2.—If any sum has been deducted from the expenses of management account, and taken credit for in the Balance Sheet as an asset, the sum so deducted to be separately shown in the above Account.
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(D.)—Form applicable to Employers’ Liability Insurance Business.
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Revenue Account of the_____for the Year ending_____19_____in respect of Employers’ Liability Insurance Business transacted within the United Kingdom.
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£ s. d.
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£ s. d.
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Amount of employers’ liability insurance fund at the beginning of the year:—
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Reserve for unexpired risks -
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Total estimated liability in respect of outstanding claims - - - -
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Additional reserve (if any) -
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Premiums - - - - - - -
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£ s. d.
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Interest, dividends, and rents -
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Less income tax thereon -
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Other receipts (accounts to be specified) - -
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Payments under policies, including medical and legal expenses in connection therewith -
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Commission - - - - - - -
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Expenses of management - - - -
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Other payments (accounts to be specified) -
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£ s. d.
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Amount of employers’ liability insurance fund at the end of the year, as per Third Schedule:—
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Reserved for unexpired risks, being per cent. of premium income for the year -
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Total estimated liability in respect of outstanding claims, as per Fourth Schedule (D) - - -
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Additional reserve (if any) -
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£
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Note 1.—Items in this Account to be the net amounts after deduction of the amounts paid and received in respect of re-insurances of the Company’s risks.
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Note 2.—If any sum has been deducted from the Expenses of management account, and taken credit for in the Balance Sheet as an asset, the sum so deducted to be separately shown in the above Account.
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(E.)—Form applicable to Bond Investment Business.
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Revenue Account of the_____for the Year ending_____19_____in respect of Bond Investment and Endowment Certificate Business.
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£ s. d.
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£ s. d.
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Amount of Bond Investment and Endowment Certificate Fund at the beginning of the year -
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Additional reserve (if any) - -
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Premiums - - - - - - -
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£ s. d.
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Interest, dividends, and rents -
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Less income tax thereon - -
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Other receipts (accounts to be specified) -
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Claims under bonds and certificates, paid and outstanding - - - - - -
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Commission - - - - - - -
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Expenses of management - - -
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Other payments (accounts to be specified) -
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£ s. d.
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Amount of Bond Investment and Endowment Certificate Fund at the end of the year as per Third Schedule - - - -
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Additional reserve (if any) - -
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£
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Note 1.—Items in this Account to be the net amounts after deduction of the amounts paid and received in respect of re-insurances of the Company’s risks.
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Note 2.—If any sum has been deducted from the Expenses of management account, and taken credit for in the Balance Sheet as an asset, the sum so deducted to be separately shown in the above Account.
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