The FSA has published a letter dated 10 December 2009 to the Association of British Insurers (ABI). The letter to the ABI is in response to the fact that some insurers may be considering entering into contracts of reinsurance or analogous non-reinsurance financing agreements with the intention of applying INSPRU 1.2.79R(2) to such arrangements.

View Letter to ABI re cashless reinsurance and analogous arrangements, 10 December 2009