Regulations Governing Insurance Enterprises Engaging in Operating Reinsurance and Other Risk Spreading Mechanisms Article 14
The risk spreading mechanism referred to in Article 147 of the Act means finite reinsurance or other unconventional reinsurance to spread insurance risk by means of transfer, swap or securitization.The term “finite reinsurance” referred to in the preceding paragraph means a reinsurance contract under which the insurance risk transferred is limited to a certain range and the contract also serves the purpose of financing.Where an insurance enterprise does not comply with the Regulations herein in the conduct of business in the preceding two paragraphs, the competent authority may restrict or suspend such business undertaken by the insurance enterprise.
中文原文 保險業辦理再保險分出分入及其他危險分散機制管理辦法第14條
本法第一百四十七條所稱其他危險分散機制，係指限額再保險或其他以移轉、交換或證券化等方式分散保險危險之非傳統再保險。
前項所稱限額再保險，係指將所移轉之保險危險限制於一定範圍內，並兼具有財務融通目的之再保險契約。
保險業辦理前二項業務有不符合本辦法規定者，主管機關得限制或停止其辦理該項業務。
前項所稱限額再保險，係指將所移轉之保險危險限制於一定範圍內，並兼具有財務融通目的之再保險契約。
保險業辦理前二項業務有不符合本辦法規定者，主管機關得限制或停止其辦理該項業務。