Timing and quantifying rules - Life insurance rules - Transitional adjustments and annuities
EY 39: Discontinuance profit formula (existing policies): when partial reinsurance exists
You could also call this:
“How to calculate profit for discontinued insurance policies with partial reinsurance (no longer in effect)”
This part of the law used to talk about how to calculate profit when an insurance company stops offering some policies, but only for cases where they had partly shared the risk with another insurance company. However, this rule doesn’t exist anymore. It was removed from the law on 1 July 2010. If you need to know about how insurance companies handle their money now, you’ll need to look at newer parts of the law.
