LLM3120 - Reinsurance to close (RITC) and technical provisions: section 107 FA2000: further help available: the 바카라 사이트˜Lloyd's Calculator바카라 사이트™

There is a spreadsheet (바카라 사이트˜the Lloyd바카라 사이트™s calculator바카라 사이트™) in the 바카라 사이트˜Tools바카라 사이트™ section of the HMRC website () to help identify the proportion of the RITC premium that is treated as a 바카라 사이트™technical provision바카라 사이트™. There is also a guidance note: 바카라 사이트˜Using the Lloyd바카라 사이트™s Calculator바카라 사이트™.

The calculator requires the user to enter

  • the amount of a member바카라 사이트™s participation in each year of account
  • the amount of the syndicate바카라 사이트™s RITC broken down into the underwriting years for which they are paid, and
  • the amount of the syndicate바카라 사이트™s claims paid in each year broken down into the underwriting years for which they are paid.