The home Member State may lay down specific provisions concerning the pursuit of finite reinsurance activities regarding:

• mandatory conditions for inclusion in all contracts issued;

• sound administrative and accounting procedures, adequate internal control mechanisms and risk management requirements;

• accounting, prudential and statistical information requirements;

• the establishment of technical provisions to ensure that they are adequate, reliable and objective;

• investment of assets covering technical provisions in order to ensure that they take account of the type of business carried on by the reinsurance undertaking, in particular the nature, amount and duration of the expected claims payments, in such a way as to secure the sufficiency, liquidity, security, profitability and matching of its assets;

• rules relating to the available solvency margin, required solvency margin and the minimum guarantee fund that the reinsurance undertaking shall maintain in respect of finite reinsurance activities.

In the interests of transparency, Member States shall communicate the text of any measures laid down by their national law for the purposes of paragraph 1 to the Commission without delay.