Life Insurance Taxation (1) - BLAGAB

Discussion in 'SA2' started by Viki2010, Mar 18, 2017.

  1. Viki2010

    Viki2010 Member

    section 2.1

    The components of "I" include miscellaneous income e.g. reinsurance income.

    Would that include reinsurance claims paid to the insurer? I cannot think of any other income from the reinsurer.
     
  2. Lindsay Smitherman

    Lindsay Smitherman ActEd Tutor Staff Member

    No - it is defined (for taxation purposes) as the investment return on reserves passed to the reinsurer. This is explained in more detail at the top of page 7 in Chapter 6 of the course notes.
     

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