Collection
Retrocession Agreements between HM Treasury and Pool Re
Retrocession Agreements between HM Treasury and Pool Re, outlining the commercial terms and operation of the scheme.
Pool Reinsurance Limited (Pool Re) provides terrorism reinsurance to commercial properties in Great Britain. Under the Reinsurance (Acts of Terrorism) Act 1993, HM Treasury has entered Retrocession Agreements with Pool Re. These agreements set out the scheme rules and contractual terms between Pool Re and HM Treasury.
HM Treasury and Pool Re occasionally agree to new Retrocession Agreements to update the operation of the scheme.