UK's Financial Services Authority: The Euro - Sterling Value For Insurance Regulatory Purposes

The sterling value of the Euro for insurance regulatory purposes for the 12-month period beginning 31 December 2002 is 63.26 pence. This value should be used for calculations in connection with the completion of the regulatory returns that insurance companies and friendly societies are required to deposit under the Interim Prudential Sourcebooks for insurers and friendly societies (IPRU (INS) and IPRU (FSOC).