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Council Directive 91/674/EEC of 19 December 1991 on the… Article 35

Article 35

Non-life-insurance technical account: item I (1) (a) Life-assurance technical account: item II (1) (a) Gross premiums written Gross premiums written shall comprise all amounts due during the financial year in respect of insurance contracts regardless of the fact that such amounts may relate in whole or in part to a later financial year, and shall include inter alia: ii(i) premiums yet to be written, where the premium calculation can be done only at the end of the year: i(ii) - single premiums, including annuity premiums, - in life assurance, single premiums resulting from bonus and rebate provisions in so far as they must be considered as premiums on the basis of contracts and where national legislation requires or permits their being shown under premiums; (iii) additional premiums in the case of half-yearly, quarterly or monthly payments and additional payments from policyholders for expenses borne by the insurance undertaking; (iv) in the case of co-insurance, the undertaking's portion of total premiums; i(v) reinsurance premiums due from ceding and retroceding insurance undertakings, including portfolio entries, after deduction of: - portfolio withdrawals credited to ceding and retroceding insurance undertakings, and - cancellations. The above amounts shall not include the amounts of taxes or charges levied with premiums.

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Other provisions in Council Directive 91/674/EEC of 19 December 1991 on the…

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of 2026-07-04

CitationArticle 35 of Council Directive 91/674/EEC of 19 December 1991 on the… (LawPlayer, data as of 2026-07-04)

© European Union, https://eur-lex.europa.eu, 1998-2026. Reuse authorised under Commission Decision 2011/833/EU, provided the source is acknowledged.

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