1

Application and Definitions

1.1

This Part applies to:

  1. (1) a UK Solvency II firm;
  2. (2) in accordance with Insurance General Application 3, the Society, as modified by 7;
  3. (3) in accordance with Insurance General Application 3, managing agents, as modified by 7; and
  4. (4) third country branch undertakings excluding Swiss general insurers.

1.2

This Part applies to an actuary appointed under 2 or appointed under or as a result of a statutory provision other than in FSMA.

1.3

In this Part, the following definitions shall apply:

Chief Executive function

has the meaning given in Insurance – Senior Management Functions 3.1.

With-Profits Actuary function

has the meaning given in Insurance – Senior Management Functions 8.2.