Reinsurance Security Agreement Template for Germany

1. Security Trustee Provisions: Required when a security trustee is appointed to hold collateral on behalf of the beneficiary

2. Multiple Beneficiary Provisions: Required when security is provided for multiple cedents or beneficiaries

3. Currency Provisions: Detailed currency conversion and handling provisions when dealing with multiple currencies

4. Tax Provisions: Specific tax-related provisions when tax implications are material to the security arrangement

5. Regulatory Compliance: Additional regulatory compliance provisions when parties are subject to specific regulatory regimes

6. Information Rights: Enhanced information rights when required by particular circumstances or regulatory requirements

1. Form of Collateral Statement: Template for periodic reporting of collateral values and compliance

2. Collateral Calculation Methodology: Detailed methodology for calculating required collateral amounts

3. Eligible Assets: Detailed list and specifications of assets acceptable as collateral

4. Form of Notice of Security Interest: Template for notifying relevant parties of the security interest

5. Contact Details: List of authorized representatives and contact information for all parties

6. Underlying Reinsurance Agreements: List and key details of reinsurance agreements covered by the security arrangement

7. Form of Valuation Report: Template for periodic valuation reports

8. Power of Attorney: Form of power of attorney if required for enforcement or administration