Regulations Governing Insurance Enterprises Engaging in Operating Reinsurance and Other Risk Spreading Mechanisms Article 5
An insurance enterprise engaging in operating reinsurance can include accounts as reinsurance transactions in its financial reports prepared in accordance with IFRS 17 only if the reinsurance contract it issues and holds exhibit significant insurance risk.The significant Insurance risk specified in the preceding paragraph refers to the significance of insurance risk in individual reinsurance contracts evaluated by the insurance enterprise that meets one of the following criteria:1. The reinsurer has in substance assumed all insurance risks associated with the ceded portion of the original insurance policy; or2. The portion of original policy ceded to the reinsurer under the reinsurance contract carries significant insurance risk and it is reasonably likely that the reinsurer will assume significant loss under the original reinsurance contract.If the reinsurance contract serves the purpose of financing or might not meet the criteria specified in the preceding paragraph, the insurance enterprise may act in accordance with the provisions in Paragraph 1 only if an appointed actuary has conducted reasonable testing of significant insurance risk in accordance with the practice standards drawn up by The Actuarial Institute of the Republic of China and deemed that it has significant insurance risk.
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5條
保險業辦理再保險業務所發行及所持有之再保險契約，具有顯著保險風險者，始得依保險業財務報告編製準則有關國際財務報導準則第十七號公報之再保險帳務規定處理。
前項所稱具有顯著保險風險，係指保險業依個別再保險契約評估保險風險之顯著性，並符合下列情形之一者：
一、再保險人實質上已承擔與原保險契約再保部分相關之所有保險風險。
二、再保險人自原保險契約所承接之再保部分承擔有顯著之保險風險，且具合理之可能性，該再保險人將因該原保險契約承擔顯著損失。
再保險契約具有財務融通之目的或不符前項規定者，應經由簽證精算人員參照中華民國精算學會所制定之相關實務處理準則進行顯著保險風險測試，認已具有顯著保險風險者，始得依第一項規定辦理。
前項所稱具有顯著保險風險，係指保險業依個別再保險契約評估保險風險之顯著性，並符合下列情形之一者：
一、再保險人實質上已承擔與原保險契約再保部分相關之所有保險風險。
二、再保險人自原保險契約所承接之再保部分承擔有顯著之保險風險，且具合理之可能性，該再保險人將因該原保險契約承擔顯著損失。
再保險契約具有財務融通之目的或不符前項規定者，應經由簽證精算人員參照中華民國精算學會所制定之相關實務處理準則進行顯著保險風險測試，認已具有顯著保險風險者，始得依第一項規定辦理。