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Status: Please note you should read all Brexit changes to the FCA Handbook and BTS alongside the main FCA transitional directions. Where these directions apply the 'standstill', firms have the choice between complying with the pre-IP completion day rules, or the post-IP completion day rules. To see a full list of Handbook modules affected, please see Annex B to the main FCA transitional directions.

life protection reinsurance business

    20reinsurance acceptances which are contracts of insurance:

      1. (a) falling within long-term insurance business class I; or
      1. (b) falling within long-term insurance business class III and providing index-linked benefits;

    that are not:

      1. (c) with-profits insurance contracts; or
      1. (d) whole life assurances; or
      1. (e) contracts to pay annuities on human life; or
      1. (f) contracts which pay a sum of money on the survival of the life assured to a specific date or on his earlier death.