PINS 5.5.6 Guidance

PINS Rule 5.5.6 operates to prohibit reinsurance between long term insurance funds of the same insurer, 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.

Amended by QFCRA RM/2012-5 (as from 1st July 2013).