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HM Treasury publishes its terms of engagement with Pool Reinsurance Limited (Pool Re)

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Published on: 12 May 2022

Published by LNB News

LNB News 12/05/2022

Document Information

Issue Date: 12 May 2022

Published Date: 12 May 2022

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

Article summary

HM Treasury has published a policy paper on its terms of engagement with Pool Reinsurance Limited (Pool Re). A Retrocession Agreement sets out the contractual terms between Pool Re and HM Treasury, while the Framework Document outlines working arrangements agreed between HM Treasury and Pool Re. This follows the Office for National Statistics’ classification of Pool Re in early 2020 and its conclusion that it sits in the central government subsector.

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