the interest which a person has in the reversion of lands or other property
the right to receive the property held in a trust at some future date. For instance, a person might establish a trust containing £200,000 of shares which pays all income to his spouse until her death, and then when the spouse dies splits the capital equally between their children. In such a case, the children have a reversionary interest in the share portfolio.
The home Member State may not authorize assurance undertakings to cover their technical provisions with any but the following categories of assets:
A. Investments ... B. Debts and claims ... C. Others ... (p) reversionary interests.
