On 1 April 2025, the Commissariat aux Assurances (CAA) published
Information Note 25/51 (Note), which provides guidance
on co-brokerage activities.
Background
The CAA has highlighted that some practices are wrongly defined
as co-brokerage activities and, as such, aims to clarify the
concept of co-brokerage and the CAA's related regulatory
expectations.
Key considerations
The Note provides a definition of co-brokerage activities and
guidance on the content of co-brokerage contracts, the supervision
of cross-border co-brokerage activities and on annual reporting of
life insurance co-brokerage, as well as on co-brokerage practices
involving sub-brokers that are deemed improper.