Insight and Intelligence on the London & International Insurance Markets 19 Feb 2018

To view the full Insurance Insider site click here

Eiopa chairman reiterates 90% cession limit

  • Bernard Goyder 28 September 2017
  • The head of the pan-EU insurance regulator has warned carriers setting up a post-Brexit presence in the trade bloc not to reinsure everything back to London.

    Gabriel Bernardino, chairman of the Frankfurt-based European Insurance and Occupational Pensions Authority (Eiopa), told a Reuters conference yesterday that carriers should plan to retain at least 10 percent of business in the country they have selected for their EU base.

    "We see 10 percent of business being retained as a good referential," Bernardino told...

  • If you are a non-subscriber but would like to be able to view this article, then please go to our Publications page for further information on joining our readership
  • Login Free trial
  • Login