Insurance EuropeInsurance Europe
Position Paper
Priorities for the CETA negotiations with Canada

Collateral requirements for reinsurance placements – Full capital credit is only allowed for reinsurance ceded to unregistered reinsurers holding collateral equaling 115% of the outstanding losses recoverable including incurred but not reported losses plus ceded unearned premiums. If the funds held are below 115%, the ceding company attracts an additional margin on ceded unregistered reinsurance.

Published 3 September 2012
Contacts
Cristina Mihai
Cristina Mihai
Head of prudential regulation & international affairs