X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Confirming the insurance industry’s view of risk distribution in a reinsurance situation, the Internal Revenue Service recently issued Revenue Rule 2009-26, which verifies that in determining whether a policy with a reinsurance company is “insurance,” and in testing whether there is “risk distribution,” the relevant risks to consider are those of the ultimate insureds, not the reinsured company.

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.