Question ID: 3044
Regulation Reference: (EU) No 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII)
Topic: Reinsurance
Status: Rejected
Date of submission: 18 Mar 2024
Question
Are reinsurance transactions in Belgium collateralized? I.e. does a reinsurer needs to provide a collateral to a cedant, post placement?
EIOPA answer
This question has been rejected because it does not relate to the consistent and effective application of the legal framework covered by this Q&A process. Please contact the national competent authority in Belgium for this question as EIOPA cannot answer on market practices in a particular EU country, but on specific SII provisions.