Glossary
Looking for the right term then try the glossary:
| Term | Definition | Legal instruments |
|---|---|---|
|
scheme of operations 31/12/2020 |
THIS DEFINITION ONLY APPLIES TO THE INSURANCE – SUPERVISED RUN OFF PART
This defined term is effective from 23:00 on 31/12/2020. means a scheme which: (1) 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 (2) contains the information required under 3.1. |