Reinsurance of life insurers: underwriting considerations

The LMA and Clyde & Co have jointly prepared guidance on the issues to be considered when underwriting reinsurance of life insurers, including reference to the financial regulation regarding the role of general insurers. 

The guidance provides recommendations where reinsurance of a life insurer is proposed, including best practice sample clauses. These clauses are purely illustrative and established and distributed for the guidance of Members, who may agree different terms.

A draft copy of the guidance was provided to Lloyd’s prior to publication.

Download the guidance

Enquiries should be directed to: Adrian Graham, LMA (adrian.graham@lmalloyds.com) or Michelle Crorie, Clyde & Co LLP (michelle.crorie@clydeco.com).

Kees van der Klugt
Director, Legal and Compliance
 

Guidance


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LMA Bulletin

Date:  19 March 2013

From: Director, Legal and Compliance

Ref: LMA13-007-KvdK


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Kees van der Klugt
Legal and Compliance Director