18.—(1) After sub-paragraph (2) of paragraph 4 of Schedule 5 to the 1996 Regulations, insert—
“(3) The disclosure required by sub-paragraph (1) above shall be given in respect of all business categories, risk groups, or parts thereof, of the insurance business carried on by the company whether or not the company has purchased any reinsurance cover for that business category, risk group, or part thereof; and in sub-paragraph (2) above deciding upon the reinsurance cover includes deciding not to obtain any reinsurance cover.”