Captive Insurance Business Rules (CIB) [VER04.030220]
- CIB 1 GENERAL PROVISIONS
- CIB 2 GENERAL PRUDENTIAL RULES
- CIB 3 ELIGIBLE CAPITAL
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CIB 4 ADDITIONAL REQUIREMENTS FOR CELL COMPANIES
- CIB 4.1 Definitions
- CIB 4.2 General requirement
- CIB 4.3 Captive Insurers that are Cell Companies to conduct Insurance Business only through Captive Cells
- CIB 4.4 Minimum solvency criterion
- CIB 4.5 Risk-based minimum solvency requirement
- CIB 4.6 Premium risk component for a Captive Cell
- CIB 4.7 Technical provision risk component — Captive Cells conducting General Insurance Business
- CIB 4.8 Technical provision risk component — Captive Cells conducting Long-Term Insurance Business
- CIB 5 MANAGERIAL FUNCTIONS
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CIB 6 VALUATION OF ASSETS AND LIABILITIES
- CIB 6.1 General provisions
- CIB 6.2 Classification of contracts
- CIB 6.3 Accounting standards and principles
- CIB 6.4 Adjustments to accounting values
- CIB 6.5 General requirements: methods of valuation and systems and controls
- CIB 6.6 General requirements: marking to market
- CIB 6.7 General requirements: independent price verification
- CIB 6.8 General requirements: valuation adjustments
- CIB 6.9 Recognition and measurement of Insurance Liabilities and establishment of technical provisions
- CIB 6.10 Recognition and measurement of insurance assets and incurred liabilities in respect of General Insurance
- CIB 6.11 Recognition and measurement of assets and incurred liabilities in respect of Long-Term Insurance
- CIB 6.12 Discount rates
- CIB 6.13 Transfer of risk by a Captive Insurer to an ISPV
- CIB 6.14 Recognition of reinsurance receivables
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CIB 7 ACTUARIAL REPORTING
- CIB 7.1 Introduction
- CIB 7.2 Obligations of Captive Insurers conducting General Insurance Business
- CIB 7.3 Obligations of Captive Insurers conducting Long-Term Insurance Business
- CIB 7.4 Additional provisions relating to the report
- CIB 7.5 Captive Insurers must ensure access to relevant data etc
- CIB 7.6 Qualifications of the Actuary
- CIB 8 ADDITIONAL REQUIREMENTS FOR LONG-TERM INSURANCE BUSINESS
- CIB 9 TRANSFER OF INSURANCE BUSINESS
- CIB 10 CAPTIVE INSURERS IN RUN-OFF