Hi, I would like to ask that, for a life insurance group: 1. What are the examples of asset/capital items that are transferable between branches of an insurance group or between the group & its branches? 2. What are the examples of asset/capital items that are fungible between branches of an insurance group or between the group & its branches? 3. What are the conditions to implement 1 & 2 above? "Transferability" above means the ability to change ownership of physical assets. "Fungibility" means "free assets" that can be used to absorb losses when needed regardless of which legal entity that owns & needs them, the two can be different firms in the same group. Thank you.
