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

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

Diagram: Assets of a life insurance company

The 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.

The 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)