Re-insurance in the course of transfers of long-term business

Published on: 16 December 2022

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Specialist Tax Regulatory Materials

Article summary

Draft legislation has been published which impacts insurance companies who write, acquire or re-insure a specific type of long-term business known as basic life annuity and general assurance business (BLAGAB). This will come into force from 15 December 2022.

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

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