Regulations and General Guidelines governing standard regulations for non-life insurance companies' calculation of contingency reserves
In force from: 1 April 2002
Summary
These regulations specify both the maximum amount of the contingency reserve and how it may be dissolved. The General Guidelines provide examples of when exemptions can be granted.
Amendments
The regulations governing how the companies in their annual accounts present changes in the contingency reserve are being transferred to FI's Regulations governing annual accounts at insurance companies.
Amendment FFFS 2006:15 (only available in Swedish)
The changes mean both that unemployment insurance receives its own limit for provisions to the contingency reserve and that an opportunity is provided to resolve the formal problems with the regulations which can arise for companies applying international accounting standards.
Amendment FFFS 2005:35 (only available in Swedish)
