LAM11010 - Long-term business fixed capital: overview: FA12/S137

»Ê¹ÚÌåÓýapp division of assets in a life insurance company is illustrated in the diagram below:

»Ê¹ÚÌåÓýapp diagram shows the different types of business streams that can be held within a life insurance company. For an overview of the various components of a life insurance company see LAM01130.

»Ê¹ÚÌåÓýapp long-term business rules for BLAGAB and non-BLAGAB LTB do not apply to:

  • general insurance business (LAM11070)
  • assets forming part of the long-term business fixed capital (LTBFC) (LAM11030)
  • assets which are not held for the purposes of the insurance trade(s) (LAM11070)