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GIM1000 | Legal and economic basis of insurance

From HM Revenue & Customs · General Insurance Manual

This section provides guidance on the legal and economic basis of insurance, regulatory definitions, and a brief description of the UK insurance market.

Contents24 entries

  1. GIM1010Legal and economic basis of insurance: introduction
  2. GIM1020Legal basis of insurance: no statutory definition
  3. GIM1030Legal basis of insurance: case law
  4. GIM1040Legal basis of insurance: contract of insurance
  5. GIM1050Legal basis of insurance: insurable interest
  6. GIM1060Legal basis of insurance: indemnity
  7. GIM1070Legal basis of insurance: regulatory definition of ‘insurance business’
  8. GIM1080Legal basis of insurance: regulatory guidance on ‘insurance business’
  9. GIM1090Economic basis of insurance: transfer and sharing of risk
  10. GIM1100Economic basis of insurance: meaning of risk
  11. GIM1110Economic basis of insurance: risk and premiums
  12. GIM1120Economic basis of insurance: pooling of risks
  13. GIM1130Economic basis of insurance: law of large numbers
  14. GIM1140Economic basis of insurance: spread of business
  15. GIM1150Economic basis of insurance: ’underwriting risk’ and ’timing risk’
  16. GIM1160Economic basis of insurance: re-insurance and co-insurance
  17. GIM1170The UK insurance market: regulation and supervision
  18. GIM1180The UK insurance market: insurance companies
  19. GIM1190The UK insurance market: EEA insurers
  20. GIM1200The UK insurance market: friendly societies
  21. GIM1210The UK insurance market: Lloyd's
  22. GIM1220The UK insurance market: the domestic market
  23. GIM1230The UK insurance market: the London Market
  24. GIM1240The insurance and provisioning cycles