Last November, the Prudential Control and Resolution Authority published its guide to reinsurance captives. This new risk and insurance management tool for companies, on which our firm has been working with the authorities since 2021, is developing rapidly for the benefit of French companies.
It is first and foremost a financial and actuarial tool, with regulatory and legal constraints that the Prudential Control and Resolution Authority has been clarifying as new captive reinsurance companies have been created over the past 2 years.
Actuarial firm PrimAct has written a useful summary, available here, along with the PCRA guide.