beta This part of GOV.UK is being rebuilt – find out what beta means

HMRC internal manual

General Insurance Manual

Reinsurance and other forms of risk transfer

 

 

This section describes the tax treatment of reinsurance arrangements and other forms of risk transfer entered into by general insurers. See the Life Assurance Manual for the tax treatment of reinsurance arrangements entered into by life insurance companies.

 

 

  1. GIM8010
    Background
  2. GIM8020
    Types of reinsurance
  3. GIM8030
    Types of reinsurance: proportional reinsurance
  4. GIM8040
    Types of reinsurance: proportional reinsurance: quota share reinsurance example
  5. GIM8050
    Types of reinsurance: proportional reinsurance: surplus reinsurance example
  6. GIM8060
    Types of reinsurance: non-proportional reinsurance
  7. GIM8070
    Types of reinsurance: non-proportional reinsurance: example of excess of loss
  8. GIM8080
    Types of reinsurance: non-proportional reinsurance: example of layered treaty
  9. GIM8090
    Types of reinsurance: non-proportional reinsurance: example of stop loss
  10. GIM8100
    Types of reinsurance: non-proportional reinsurance: loss portfolio reinsurance
  11. GIM8110
    Types of reinsurance: Japanese earthquake risks
  12. GIM8120
    Tax issues
  13. GIM8130
    Tax issues: transactions between connected persons: transfer pricing
  14. GIM8140
    Tax issues: transactions between connected persons: section 774 ICTA 1988
  15. GIM8150
    Tax issues: transactions between connected persons: parent funding subsidiary
  16. GIM8160
    Tax issues: connected persons: captive reinsurance
  17. GIM8170
    Tax issues: retrospective treaty reinsurance
  18. GIM8180
    Financial reinsurance and alternative risk transfer (ART)
  19. GIM8190
    Financial reinsurance and alternative risk transfer (ART): transfer of risk
  20. GIM8200
    Financial reinsurance and alternative risk transfer (ART): financial/finite insurance and reinsurance
  21. GIM8210
    Financial reinsurance and alternative risk transfer (ART): spread loss contracts
  22. GIM8220
    Financial reinsurance and alternative risk transfer (ART): time and distance policies
  23. GIM8230
    Financial reinsurance and alternative risk transfer (ART): loss portfolio transfer
  24. GIM8240
    Financial reinsurance and alternative risk transfer (ART): derivatives
  25. GIM8250
    Financial reinsurance and alternative risk transfer (ART): "over the counter" products
  26. GIM8260
    Financial reinsurance and alternative risk transfer (ART): securitisation and sidecars
  27. GIM8261
    Financial reinsurance and alternative risk transfer (ART): insurance linked securities overview
  28. GIM8262
    Financial reinsurance and alternative risk transfer (ART): insurance linked securities: Risk Transformation (Tax) Regulations 2017
  29. GIM8263
    Financial reinsurance and alternative risk transfer (ART): insurance linked securities: corporation tax
  30. GIM8264
    Financial reinsurance and alternative risk transfer (ART): insurance linked securities: income tax
  31. GIM8265
    Financial reinsurance and alternative risk transfer (ART): insurance linked securities: removal of special tax treatment (condition A)
  32. GIM8266
    Financial reinsurance and alternative risk transfer (ART): insurance linked securities: removal of special tax treatment (condition B)
  33. GIM8267
    Financial reinsurance and alternative risk transfer (ART): insurance linked securities: other rules
  34. GIM8270
    Financial reinsurance and alternative risk transfer (ART): accounting treatment: FRS5
  35. GIM8280
    Financial reinsurance and alternative risk transfer (ART): accounting treatment: ABI SORP
  36. GIM8290
    Financial reinsurance and alternative risk transfer (ART): FSA guidance
  37. GIM8300
    Financial reinsurance and alternative risk transfer (ART): tax treatment
  38. GIM8310
    Financial reinsurance and alternative risk transfer (ART): tax treatment: enquiries
  39. GIM8320
    Financial reinsurance and alternative risk transfer (ART): tax treatment: examples
  40. GIM8330
    Financial reinsurance and alternative risk transfer (ART): tax treatment: fronting
  41. GIM8340
    Financial reinsurance and alternative risk transfer (ART): tax treatment: mutuals
  42. GIM8350
    Financial reinsurance and alternative risk transfer (ART): tax treatment: change of accounting treatment
  43. GIM8360
    Financial reinsurance and alternative risk transfer (ART): tax treatment: the FSA return