Regulation 13J
Reinsurance recoverables
of Insurance (Lloyd’s Asia Scheme) Regulations
Subsidiary LegislationIn forceProvision 30 of 44
Regulation 13J
Amended byS 814/2004 wef 01/01/2005S 839/2018 wef 01/01/2019
A Service Company shall value reinsurance recoverables by aggregating the amounts of reinsurance recoverables outstanding after deducting any allowance for impairment losses.