PART IIBUSINESS OTHER THAN CREDIT INSURANCE BUSINESS
Business groups6
1
For the purposes of applying this Part of these Regulations, a Part II company shall classify its Part II business into separate business groups comprising—
a
business group A— business falling within sub-paragraph (a) of paragraph (3) of regulation 4 above;
b
business group B— business falling within sub-paragraph (b) of that paragraph;
c
business group C— business falling within sub-paragraph (c) of that paragraph;
d
business group D— business falling within sub-paragraph (d) of that paragraph; and
e
business group E— business falling within sub-paragraph (e) of that paragraph.
2
The company shall further divide its business falling within each business group into business accounted for on an accident year basis and business accounted for on an underwriting year basis.