Insurance And Reinsurance Broker Reporting Regulations Provisions

Original Language Title: Apdrošināšanas un pārapdrošināšanas starpnieku pārskatu sagatavošanas normatīvie noteikumi

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Financial and capital market Commission, the provisions of regulations No 59 in Riga March 9, 2016 (financial and capital market Commission Council meeting. No 12 3. p.) Insurance and reinsurance broker reporting regulations Regulations Issued in accordance with the activities of insurance and reinsurance intermediaries law article 37.1 i. General questions 1. "insurance and reinsurance broker reporting regulations regulations" (hereinafter-the rules) determine the financial and capital market Commission (hereinafter the Commission) submitted to the insurance and reinsurance intermediaries on the content and format of the report, as well as preparation and deadlines and the arrangements for information to carry out supervision. 2. The rules are binding on the insurance brokers, as well as the other Member States and non-member insurance brokerage subsidiaries (hereinafter also – brokerage company), which provides insurance and reinsurance mediation services in the Republic of Latvia. 3. Under the terms of the usage complies with the insurance and reinsurance law, the activities of insurance and reinsurance intermediaries law (hereinafter also – APSDL), the annual accounts and consolidated annual accounts Act and the Commission's regulatory rules. 13.01.2006 No 21 "insurance company, insurer of the Member not affiliate, reinsurance and the reinsurers Affiliate Member annual report and the consolidated annual report of the legislative provisions", the term application. 4. the insurance broker shall draw up a report which shall consist of: 4.1. "balance-sheet" (annex 1); 4.2. the "income statement" (annex 2); 4.3. the "commitment of the insurance and reinsurance mediation calculation" (annex 3); 4.4. "calculation of funds" (annex 4); 4.5. "insurance and reinsurance mediation activity report" (annex 5). 5. "balance-sheet" (annex 1) and the "income statement" (annex 2) and the evaluation of positions corresponds to the annual accounts and consolidated annual accounts Act when these rules otherwise. 6. the other Member States and non-member insurance brokerage Branch prepare only "insurance and reinsurance mediation activity report" (annex 5). 7. Reports to be used in currency is the monetary unit of the Republic of Latvia. II. Reporting 8. Preparing the "balance sheet" (annex 1): 12210 heading 8.1 "accounts receivable on insurance and reinsurance intermediation services" reflects the requirements in accordance with the terms of the contract of mediation on the mediation services provided; 8.2.12220. under the heading "policyholders ' unpaid policy" reflects the claims against policyholders and ceding not received insurance and reinsurance premiums in accordance with insurance and reinsurance company closed the mediation agreement; 8.3. the heading "12221 t.sk. the policyholder not paid not discontinuing the policy "reflects the claims against policyholders and ceding not received insurance and reinsurance premiums if insurance broker is entered into obligations to the insurance and reinsurance business for the policyholder and not ceding the insurance and reinsurance premiums payable; 8.4. the heading "t.sk 12222. the policyholder not paid not discontinuing the policy that made a settlement with the insurer "reflects the 12221. position, for which the insurance broker already made the payments insurance and reinsurance business operator; 8.5. the heading "debts 23400 insurers and reinsurers" and under the heading "debts 24400. insurers and reinsurers ' reflects the insurance broker's obligations to insurance and reinsurance business operators under the closed mediation agreement. 9. Preparing the "income statement" (annex 2): 9.1.110. under the heading "income from insurance and reinsurance mediation" reflects the progress made in the reporting period, revenues from insurance and reinsurance mediation services, for example, commissions received during the period of insurance and reinsurance premiums, as well as commissions from the received insurance and reinsurance premiums if insurance broker is entered into obligations to the insurance and reinsurance business for the policyholder and not ceding the insurance and reinsurance premiums payable; 9.2.120. under the heading "other revenues from commercial activities directly associated with the insurance and reinsurance mediation" reflects the revenue loss and the calculation of claims, and other revenues from commercial activities which are directly related to insurance and reinsurance mediation; 9.3.130. under the heading "income from investment services provider action" reflects the revenue from investment services provider activities carried out according to the law on the financial instruments market arrangements. 10. Preparing the "commitment of the insurance and reinsurance mediation calculation" (annex 3): 10.1. under the heading "Insurers, reinsurers and other creditors ' claims its insurance and reinsurance business operators against which insurance broker has incurred obligations under the concluded contract of insurance and reinsurance insurance broker received insurance and reinsurance premiums or other payments. Liabilities to other creditors (for example, the policyholder or the beneficiary) in accordance with the concluded insurance and reinsurance contracts accounted for cumulative – under the heading "insurer, reinsurer, etc. indicating" other creditors "creditors"; 10.2. the heading "liability to insurers, reinsurers, and other creditors APSDL article 15, first subparagraph, the terms" indicates the relation of the amount at the end of the reporting period, against insurance or reinsurance business operators and other vendors for the received insurance and reinsurance premiums and other payments in accordance with the conclusion of the contract of insurance and reinsurance The activities of insurance and reinsurance intermediaries law article 15, first paragraph; 10.3. the heading "liability for not received insurance and reinsurance premiums" specifies the information on the amount of liabilities at the end of the reporting period against insurance and reinsurance company on not received insurance and reinsurance premiums if insurance broker is entered into obligations to the insurance and reinsurance business for the policyholder and not ceding the insurance and reinsurance premiums payable. 11. In preparing "estimates" of funds (annex 4): 11.1. under the heading "account no" indicates all the credit insurance broker to open a cash account numbers, even if the balance is zero or is negative; 11.2. the heading "currency" indicates the currency code according to international standard ISO 4217, "codes for currencies and resources"; 11.3. under the heading "After the reporting period, paid the money in a separate account, the euro" indicates the money made in the reporting period, making the insurance and reinsurance mediation, which received and paid out of the reference period the separate cash account; 11.4. the heading "individual money accounts" indicate the cash accounts with credit institutions, which are kept in the funds obtained from the insurance and reinsurance mediation according to the activities of insurance and reinsurance intermediaries law article 15, first paragraph; 11.5. under the heading "Financial accounts" any insurance broker credit open cash accounts economic activity. 12. Preparing the "insurance and reinsurance mediation activity report" (annex 5): 12.1. brokerage company that deals with insurance, provide information about premiums insurance premiums and commissions by insurance operators and types of insurance. If the insurance contracts, which agreement includes several types of insurance signed insurance premiums and commissions can be identified by each type of insurance, it reflects the breakdown of the types of insurance; 12.2. the brokerage company, dealing with reinsurance, reinsurance premiums and commissions in column "reinsurance", not broken down by types of insurance; 12.3. the heading "bonus" indicates all the period signed insurance and reinsurance premiums on contracts that are entered into force during the reporting period, regardless of whether or not the premiums received in accordance with the Commission's regulatory rules 13.01.2006. No. 21 "insurance company, insurer of the Member not affiliate, reinsurance and the reinsurers Affiliate Member annual report and the consolidated annual report of the legislative provisions", the term "gross premiums written" explanation. Information on insurance and reinsurance premiums premiums indicate whether or not insurance and reinsurance premiums and the ceding of insurance a worker pays a brokerage firm or insurance and reinsurance business operator if the concluded reinsurance contracts of insurance and brokerage commissions due to the public. Signed insurance and reinsurance premiums reflects the gross amount, i.e., without reducing the amount of the Commission; 12.4. the heading "Commission" brokerage company to reflect commissions due under a gross premiums written about; 12.5. the heading "mediation services for country code" indicates information about the country (2-letter country code according to international standard ISO 3166 "countries and their territorial breakdown unit name code"), in which the brokerage firm provides insurance and reinsurance mediation services; 12.6. the heading "traffic" indicates information on motor insurance against civil liability in respect of insurance contracts concluded according to the Latvian land vehicle owners civil liability compulsory insurance law. III. Reporting 13. Brokerage firm during the reference period is the period from the beginning of the year to review the half-year to last date (June 30, December 31). 14. the brokerage firm half-yearly report shall be submitted to the Commission to review the half-year following the month 30. date. If the date is 30 holiday or public holiday, the report shall be submitted not later than the next working day. 15. the report prepared for submission to the Commission's regulatory arrangements 14.10.2008 No 146 ' prepared statements electronically submit the legislative provisions ". 16. If the Commission finds that the report has been prepared in error, it will be announced in the report to the applicant. If the Commission has not indicated otherwise, corrected report shall be submitted not later than on the working day following notification of the existence of the error from the Commission. IV. final question 17. The first report shall be submitted to the Commission the brokerage company for the first half-year 2016 to 30.08.2016. Financial and capital market Commission President p. Birdie annex 1 financial and capital market Commission 09.03.2016. regulatory arrangements no 59 insurance broker name: balance report __________. the year ____ ____ ____ ____ ____ ____ ____ ____ ____ ___ (period) (integer) position title position number is at the end of the reporting period (A) (B) 1 i. active (11000 + 12000) 10000 1. Long-term investments (11300 11100 11200 + +) 11000 1.1. Intangible assets. assets 11100 11200 1.2 1.3. long-term financial investments 11300 t.sk. loans to shareholders or members and the management of current assets 11310 2. (12100 + 12200 + 12300 + 12400) 12100 12000 items 2.1 2.2. customers (+ + + 12240 12210 29,835 12230) 12200 2.2.1. Receivables of insurance and reinsurance mediation services 12210 2.2.2. Policyholders ' unpaid policies 12220 t.sk. the policyholder not paid not discontinuing the policy t.sk 12221. the policyholder not discontinuing the unpaid policies, which made a settlement with the the insurer 12222 2.2.3. Short term loans to shareholders or members and the management of 12230 2.2.4. Other receivables 12240 2.3. short-term financial investments 2.4.12300 money 12400 II. Passive (21,000 + 22000 + 23000 + 24000) 20000 3. Equity (+ ... + 21600 21100) 21000 3.1. capital shares or shares/21100 3.2 premium 21200 3.3. long-term financial instruments and investment revaluation reserve (+/–) 21300 3.4. Spare 21400 3.5. Prior year retained earnings/loss (+/-) 21500 3.6. Profit/loss (+/-) 21600 4. Accruals 22000 5. Long-term creditors (23100 + ... + 23600) 23000 5.1. show the twin and the associated companies receivables 23100 5.2 shareholders or members and management 23200 5.3. Loans from credit institutions debts 23300 5.4. insurers and reinsurers 23400 5.5. Deferred income 23500 5.6. other long-term creditors 23600 6. short-term creditors (24100 + ... + 24600) 24000 6.1. show affiliated and associated companies 24100 6.2 Payables to shareholders or members and management 24200 6.3. Loans from credit institutions debts 24300 6.4. insurers and reinsurers 24400 6.5. Deferred income short-term 24500 6.6. Other creditors 24600   Off-balance-sheet commitments (+ 25200 25100) 25100 25000 guarantees other liabilities guarantees similar insurance broker 25200 responsible person (name, surname) performer (name) (telephone number) (email address) Annex 2 financial and capital market Commission 09.03.2016. regulatory arrangements no 59 insurance broker name: profit or loss statement __________. the year ____ ____ ____ ____ ____ ____ ____ ____ ____ ___ (period) (integer) position title position number is at the end of the reporting period 1 1 (A) (B). Net sales (110 + 120 + 130) 100 1.1. income from insurance and reinsurance mediation 110 1.2. Other revenue from commercial activities directly associated with the insurance and reinsurance mediation 120 1.3. Revenue from investment services provider operating 130 2. Insurance and reinsurance intermediation services costs 200 3. other revenue 400 5 300 4. Other costs. profit or loss before income tax of enterprises (100-200 + 300-400) 500 6. Corporate income tax for the period 600 7. revenue or costs from deferred tax assets or liabilities balance changes (+/-) 700 8. extraordinary dividends 800 9. Accounting period profit or loss (500-600 + 700-800) 900 insurance broker responsible person (name, surname) performer (name) (telephone number) (email address) Annex 3 financial and capital market Commission 09.03.2016. regulatory arrangements no 59 insurance broker name : From liability insurance and reinsurance mediation calculation __________. the year ____ ____ ____ ____ ____ ____ ____ ____ ____ ___ (period) (integer) Insurers, reinsurers and other creditors obligations to insurers, reinsurers, and other creditors APSDL article 15 the meaning of the first subparagraph in the context of the not received insurance and reinsurance premiums 1. 2. 3.                              

Insurance broker responsible person (name, surname) performer (name) (telephone number) (email address) Annex 4 financial and capital market Commission 09.03.2016. regulatory arrangements no 59 insurance broker name: cash calculation __________. the year ____ ____ ____ ____ ____ ____ ____ ____ ____ ___ (the reference period) the funds in the account no. Amount the amount of the currency, the euro, after the reporting period, paid the money in a separate account in euro 1. 2. 3. 4. 5. 6. Individual money accounts Financial accounts cash in total insurance broker responsible person (name, surname) performer (name) (telephone number) (email address) Annex 5 financial and capital market Commission 09.03.2016. regulatory arrangements no 59 brokerage company name: insurance and reinsurance mediation activity report __________. the year ____ ____ ____ ____ ____ ____ ____ ____ ____ ___ (period) (integer) the insurer/pārapdr-šinātāj of the mediation services of the State insurance code Pārapdr-šināšan-type accident insurance-health insurance šināšan-šināšan the land transport insurance-šināšan railway transport insurance-šināšan insurance-šināšan Aircraft of ship insurance-šināšan cargo insurance-šināšan insurance-šināšan property of land transport owners civil-liability insurance-legal-šināšan of aircraft liability insurance-šināšan vessel owner liability insurance-General šināšan civil liability insurance-credit šināšan insurance-šināšan insurance-šināšan the guarantee of various financial loss insurance-šināšan a legal expenses insurance-šināšan insurance-šināšan assistance for traffic-šināšan life insurance (all types) Prez-MIA Com-beam Prez-MIA Com-beam Prez-MIA Com-beam Prez-MIA Com-beam Prez-MIA Com-beam Prez-MIA Com-beam Prez-MIA Com-beam Prez-MIA Com-beam Prez-MIA Com-beam Prez-MIA Com-beam Prez-MIA Com-beam Prez-MIA Com-beam Prez-MIA Com-beam Prez-MIA Com-beam Prez-MIA Com-beam Prez-MIA Com-beam Prez-MIA Com-beam Prez-MIA Com-beam Prez-MIA Com-beam Prez-MIA Com-beam 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        

Insurance broker responsible person or another Member State and the Member State insurance ošināšan the broker's branch manager (name, surname) performer (name) (telephone number) (email address)  


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