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ARTICLE · 26 JUNE 2025

CAA Clarifications On Co-brokerage Activities

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On 1 April 2025, the Commissariat aux Assurances (CAA) published Information Note 25/51 (Note), which provides guidance on co-brokerage activities.

LuxembourgInsurance

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.

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