574d

Code 574d is the contracted form of the Italian Circular Law on the subject of « Provisions on Matters of Passive Reinsurance. »
Issued by IVASS on December 23, 2005 and abandoned at the end of 2018.
In summary:
The Code monitors company policy in the field of Passive Reinsurance; it regulates the verification of the actual insurance risk transfer in the assessment of appropriateness of Reinsurance Agreements and their effects produced on the margin of solvency, activities covering the technical reserves and more generally, the technical balance and assets of companies.