CAPI 8.4.6 Guidance

Rule 8.4.6 operates to prohibit reinsurance between long term insurance funds of the same firm, as well as arrangements of the nature of internal contracts of reinsurance where the cession transaction is attributed to a long term insurance fund but the corresponding reinsurance acceptance transaction is not.

Derived from QFCRA RM/2011-1 (as from 1st July 2011)