T/IAC 18-2018 Active Group standards

T/IAC 18-2018 Operating guidelines for temporary excess reinsurance business of property reinsurance

T/IAC 18-2018 Operating guidelines for temporary excess reinsurance business of property reinsurance

Publish Date: 2018-01-24 Implement Date: 2018-06-24 For services related to genuine standard inquiry, procurement, translation, and other related services in China, please Contact Us
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Basic Information

Standard Code: T/IAC 18-2018
Standard Type: Group standards
Standard Status: Active
is_force_gb: no
CCS Name: Finance, insurance
ICS Name: Financial services, banking, monetary systems, and insurance
Publish Date: 2018-01-24
Implement Date: 2018-06-24
Pages: 12 pages

Scope

This standard specifies the operational requirements for the reinsurer's ceding of business in temporary reinsurance for property reinsurance, the reinsurer's acceptance of business, the negotiation, confirmation, and cancellation of temporary reinsurance business, the compilation and submission of temporary reinsurance contracts and invoices, the handling of claims, and the settlement and filing of accounts. This standard applies to the development, management, and supervision of temporary reinsurance for property reinsurance. For temporary reinsurance business arranged by way of prearranged reinsurance, the specific provisions of the temporary reinsurance contract may also be referenced for implementation.

Development Information

Word Count: 16 Thousand words Pages: 12 pages

Referenced Standards

Related Standards

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