Australia Life Insurance Code of Practice (CALI Life Code)
Section 1: aims, scope, insurers, reinsurers and independent service providers – Australia Life Insurance Code of Practice (CALI Life Code)

Australia Life Insurance Code of Practice (CALI Life Code) 1.16-1.17: Reinsurance arrangements consistent with the Code's principles

What does 1.16-1.17 require?

Reinsurer members comply by following the seven principles and by helping the insurer meet its Code commitments. Before contracting with a reinsurer that is neither a CALI member nor a Code adopter, the insurer takes reasonable steps to satisfy itself that the reinsurer will follow those principles and support the insurer's Code obligations.

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