76.—(1) As regards long term business, the company shall disclose—
(a)gross premiums written, and
(b)the reinsurance balance.
(2) Subject to sub-paragraph (3) below—
(a)gross premiums written shall be broken down between those written by way of direct insurance and those written by way of reinsurance; and
(b)gross premiums written by way of direct insurance shall be broken down—
(i)between individual premiums and premiums under group contracts;
(ii)between periodic premiums and single premiums; and
(iii)between premiums from non-participating contracts, premiums from participating contracts and premiums from contract where the investment risk is borne by policy holders.
(3) Disclosure of any amount referred to in sub-paragraph (2)(a) or (2)(b)(i), (ii) or (iii) shall not be required if it does not exceed 10 per cent of the gross premiums written or (as the case may be) of the gross premiums written by way of direct insurance.
F1Order repealed (prosp.) by Companies Act 2006 (c. 46), ss. 1284(2), 1295, 1300(2), Sch. 16 and the repeal being partly in force, as to which see individual Articles (with savings (with adaptations) by Companies Act 2006 (Commencement No. 6, Saving and Commencement Nos. 3 and 5 (Amendment)) Order 2008 (S.I. 2008/674), arts. 2(3), {4}, Sch. 2) and subject to amendments (6.4.2008) by Companies Act 2006 (Consequential Amendments etc) Order 2008 (S.I. 2008/948), arts. 2(2), 3(1)(b)(2), Sch. 1 paras. 135, 147, 148 {Sch. 2 Note 1} (with arts. 6, 11, 12) and subject to amendments (6.4.2008) by S.R. 2008/133, {regs. 2, 3}