What is an entity for risk acceptance?
An entity for risk acceptance meets the following description:
- It is not an insurer
- It accepts insured risks transferred from an insurer
- It finances these insured risks exclusively by raising moneys raised from third parties
- Its repayment obligations in respect of the moneys raised from third parties are subordinate to the payment obligations ensuing from the accepted insured risks.
If you are unsure, given your planned activities, whether your business is an entity for risk acceptance, we advise you to consult a specialised consultant. If you would like to have your analysis assessed, please contact:
De Nederlandsche Bank NV
Expert Centre for Market Access
1000 AB AMSTERDAM
DNB’s Info Desk can be reached by telephone +0031 20 1068 open on workdays from 09:00 to 17:00 hours, by fax +0031 20 524 1883 or by email (email@example.com). When sending an email, please state your name, address AND telephone number.