Status: You are viewing the version of the handbook as on 2016-10-03.

scheme of operations

    a scheme which:

      1. (a) describes the nature of the risks which the insurer is underwriting, or intends to underwrite, and the guiding principles which it intends to follow in reinsuring or covering those risks; and
      1. (b) contains the information required 28under SUP App 2.12.1 R28 (Content of a scheme of operations).5