Section VI: Agricultural mutual insurance and reinsurance companies or funds

Authorised reinsurance undertakings may, on the assets side of the balance sheet, allocate to the representation of the provision for outstanding claims corresponding to the transactions referred to in Article R. 322-135, cash at bank or in hand at the head office, as well as their net receivables from the companies or funds having carried out the cessions giving rise to the said transactions. The amount of these allocations may…

Compliance with the provisions of Article L. 310-8 is the responsibility of the approved reinsurer. Insurance contracts underwritten by organisations exempted from administrative approval must indicate, in very conspicuous characters, the name and address of the approved reinsurer and mention the latter’s formal undertaking to take the place of the direct insurer.

The portfolio transfers referred to in Article L. 324-1 of the Code, relating to the undertakings referred to in Article R. 322-132, are carried out by the company or fund referred to in Article R. 322-132, which acts on behalf of the undertakings for which it is substituted under the conditions set out in Articles R. 322-132 to R. 322-137. In this case, the portfolio transfer notice and order referred…