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Recitals |
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Title I General Rules on the Taking-Up and Pursuit of Direct Insurance and Reinsurance Activities (arts. 1-177) |
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Chapter I Subject matter, scope and definitions (arts. 1-13) |
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Section 1 Subject matter and scope (arts. 1-2) |
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Article 1 Subject matter |
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⚠ Article 2 Scope |
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Section 2 Exclusions from scope (arts. 3-12) |
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Subsection 1 General (arts. 3-4) |
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Article 3 Statutory systems |
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⚠ Article 4 Exclusion from scope due to size |
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Subsection 2 Non-life (arts. 5-8) |
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Article 5 Operations |
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⚠ Article 6 Assistance |
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Article 7 Mutual undertakings |
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⚠ Article 8 Institutions |
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Subsection 3 Life (arts. 9-10) |
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Article 9 Operations and activities |
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Article 10 Organisations, undertakings and institutions |
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Subsection 4 Reinsurance (arts. 11-12) |
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Article 11 Reinsurance |
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Article 12 Reinsurance undertakings closing their activity |
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Section 3 Definitions (art. 13) |
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⚠ Article 13 Definitions |
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Chapter II Taking-up of business (arts. 14-26) |
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Article 14 Principle of authorisation |
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Article 15 Scope of authorisation |
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Article 16 Ancillary risks |
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Article 17 Legal form of the insurance or reinsurance undertaking |
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⚠ Article 18 Conditions for authorisation |
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Article 19 Close links |
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Article 20 Head office of insurance undertakings and reinsurance undertakings |
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Article 21 Policy conditions and scales of premiums |
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Article 22 Economic requirements of the market |
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⚠ Article 23 Scheme of operations |
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⚠ Article 24 Shareholders and members with qualifying holdings |
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⚠ Article 25 Refusal of authorisation |
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⚠ Article 25a Notification and publication of authorisations or withdrawals of authorisation |
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⚠ Article 26 Prior consultation of the authorities of other Member States |
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Chapter III Supervisory authorities and general rules (arts. 27-39) |
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Article 27 Main objective of supervision |
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Article 28 Financial stability and pro-cyclicality |
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⚠ Article 29 General principles of supervision |
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⚠ Draft Article 29a Criteria for identifying small and non-complex undertakings |
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⚠ Draft Article 29b Process of classification for undertakings complying with the criteria |
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⚠ Draft Article 29c Use of proportionality measures by undertakings classified as small and non-complex undertakings |
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⚠ Draft Article 29d Use of proportionality measures by undertakings not classified as small and non-complex undertakings |
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⚠ Draft Article 29e Monitoring of the use of proportionality measures |
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⚠ Article 30 Supervisory authorities and scope of supervision |
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Article 31 Transparency and accountability |
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Article 32 Prohibition of refusal of reinsurance contracts or retrocession contracts |
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Article 33 Supervision of branches established in another Member State |
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Article 34 General supervisory powers |
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⚠ Article 35 Information to be provided for supervisory purposes |
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⚠ Draft Article 35a Exemptions and limitations to quantitative regular supervisory reporting granted by supervisory authorities |
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⚠ Draft Article 35b Reporting deadlines |
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⚠ Article 36 Supervisory review process |
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⚠ Article 37 Capital add-on |
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Article 38 Supervision of outsourced functions and activities |
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Article 39 Transfer of portfolio |
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Chapter IV Conditions governing business (arts. 40-72) |
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Section 1 Responsibility of the administrative, management or supervisory body (art. 40) |
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⚠ Article 40 Responsibility of the administrative, management or supervisory body |
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Section 2 System of governance (arts. 41-50) |
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⚠ Article 41 General governance requirements |
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⚠ Article 42 Fit and proper requirements for persons who effectively run the undertaking or have other key functions |
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Article 43 Proof of good repute |
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⚠ Article 44 Risk management |
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⚠ Article 45 Own risk and solvency assessment |
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⚠ Draft Article 45a Climate change scenario analysis |
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Article 46 Internal control |
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Article 47 Internal audit |
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Article 48 Actuarial function |
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Article 49 Outsourcing |
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Article 50 Delegated acts and regulatory technical standards |
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Section 3 Public disclosure (arts. 51-56) |
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⚠ Article 51 Report on solvency and financial condition: contents |
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⚠ Draft Article 51a Solvency and financial condition report: audit requirements |
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⚠ Article 52 Information for and reports by the European Insurance and Occupational Pensions Authority |
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⚠ Article 53 Report on solvency and financial condition: applicable principles |
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Article 54 Report on solvency and financial condition: updates and additional voluntary information |
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Article 55 Report on solvency and financial condition: policy and approval |
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⚠ Article 56 Solvency and financial condition report: delegated acts and implementing technical standards |
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Section 4 Qualifying holdings (arts. 57-63) |
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Article 57 Acquisitions |
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⚠ Article 58 Assessment period |
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Article 59 Assessment |
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⚠ Article 60 Acquisitions by regulated financial undertakings |
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Article 61 Information to the supervisory authority by the insurance or reinsurance undertaking |
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⚠ Article 62 Qualifying holdings, powers of the supervisory authority |
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⚠ Article 63 Voting rights |
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Section 5 Professional secrecy, exchange of information and promotion of supervisory convergence (arts. 64-71) |
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⚠ Article 64 Professional secrecy |
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Article 65 Exchange of information between supervisory authorities of Member States |
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Article 65a Cooperation with EIOPA |
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Article 66 Cooperation agreements with third countries |
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Article 67 Use of confidential information |
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Article 67a European Parliament powers of investigation |
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⚠ Article 68 Exchange of information with other authorities |
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Article 69 Disclosure of information to government administrations responsible for financial legislation |
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⚠ Article 70 Transmission of information to central banks, monetary authorities, payment systems overseers and the European Systemic Risk Board |
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Article 71 Supervisory convergence |
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Section 6 Duties of auditors (art. 72) |
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⚠ Article 72 Duties of auditors |
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Chapter V Pursuit of life and non-life insurance activity (arts. 73-74) |
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Article 73 Pursuit of life and non-life insurance activity |
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Article 74 Separation of life and non-life insurance management |
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Chapter VI Rules relating to the valuation of assets and liabilities, technical provisions, own funds, Solvency Capital Requirement, Minimum Capital Requirement and investment rules (arts. 75-135) |
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Section 1 Valuation of assets and liabilities (art. 75) |
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Article 75 Valuation of assets and liabilities |
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Section 2 Rules relating to technical provisions (arts. 76-86) |
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Article 76 General provisions |
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⚠ Article 77 Calculation of technical provisions |
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⚠ Article 77a Extrapolation of the relevant risk-free interest rate term structure |
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⚠ Article 77b Matching adjustment to the relevant risk-free interest rate term structure |
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Article 77c Calculation of the matching adjustment |
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⚠ Article 77d Volatility adjustment to the relevant risk-free interest rate term structure |
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⚠ Article 77e Technical information produced by the European Insurance and Occupational Pensions Authority |
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Article 77f Review of long-term guarantees measures and measures on equity risk |
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Article 78 Other elements to be taken into account in the calculation of technical provisions |
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Article 79 Valuation of financial guarantees and contractual options included in insurance and reinsurance contracts |
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Article 80 Segmentation |
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Article 81 Recoverables from reinsurance contracts and special purpose vehicles |
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Article 82 Data quality and application of approximations, including case-by-case approaches, for technical provisions |
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Article 83 Comparison against experience |
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Article 84 Appropriateness of the level of technical provisions |
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Article 85 Increase of technical provisions |
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⚠ Article 86 Delegated acts and regulatory and implementing technical standards |
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Section 3 Own funds (arts. 87-99) |
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Subsection 1 Determination of own funds (arts. 87-92) |
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Article 87 Own funds |
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Article 88 Basic own funds |
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Article 89 Ancillary own funds |
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Article 90 Supervisory approval of ancillary own funds |
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Article 91 Surplus funds |
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⚠ Article 92 Delegated acts and regulatory and implementing technical standards |
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Subsection 2 Classification of own funds (arts. 93-97) |
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Article 93 Characteristics and features used to classify own funds into tiers |
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Article 94 Main criteria for the classification into tiers |
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⚠ Article 95 Classification of own funds into tiers |
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⚠ Article 96 Classification of specific insurance own-fund items |
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Article 97 Delegated acts and regulatory technical standards |
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Subsection 3 Eligibility of own funds (arts. 98-99) |
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Article 98 Eligibility and limits applicable to Tiers 1, 2 and 3 |
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Article 99 Delegated acts on the eligibility of own funds |
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Section 4 Solvency capital requirement (arts. 100-127) |
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Subsection 1 General provisions for the solvency capital requirement using the standard formula or an internal model (arts. 100-102) |
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Article 100 General provisions |
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Article 101 Calculation of the Solvency Capital Requirement |
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Article 102 Frequency of calculation |
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Subsection 2 Solvency capital requirement standard formula (arts. 103-111) |
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Article 103 Structure of the standard formula |
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Article 104 Design of the Basic Solvency Capital Requirement |
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⚠ Article 105 Calculation of the Basic Solvency Capital Requirement |
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⚠ Draft Article 105a Long-term equity investments |
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⚠ Article 106 Calculation of the equity risk sub-module: symmetric adjustment mechanism |
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Article 107 Capital requirement for operational risk |
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Article 108 Adjustment for the loss-absorbing capacity of technical provisions and deferred taxes |
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⚠ Article 109 Simplifications in the standard formula |
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Article 109a Harmonised technical inputs to standard formula |
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Article 110 Significant deviations from the assumptions underlying the standard formula calculation |
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⚠ Article 111 Delegated acts and regulatory and implementing technical standards concerning Articles 103 to 109 |
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Subsection 3 Solvency capital requirement full and partial internal models (arts. 112-127) |
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⚠ Article 112 General provisions for the approval of full and partial internal models |
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Article 113 Specific provisions for the approval of partial internal models |
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Article 114 Delegated acts and implementing technical standards concerning the Solvency Capital Requirement internal models |
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Article 115 Policy for changing the full and partial internal models |
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Article 116 Responsibilities of the administrative, management or supervisory bodies |
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Article 117 Reversion to the standard formula |
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Article 118 Non-compliance of the internal model |
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Article 119 Significant deviations from the assumptions underlying the standard formula calculation |
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Article 120 Use test |
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Article 121 Statistical quality standards |
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⚠ Article 122 Calibration standards |
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Article 123 Profit and loss attribution |
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Article 124 Validation standards |
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Article 125 Documentation standards |
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Article 126 External models and data |
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Article 127 Delegated acts concerning Articles 120 to 126 |
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Section 5 Minimum capital requirement (arts. 128-131) |
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Article 128 General provisions |
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Article 129 Calculation of the Minimum Capital Requirement |
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Article 130 Delegated acts |
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Article 131 Transitional arrangements regarding compliance with the Minimum Capital Requirement |
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Section 6 Investments (arts. 132-135) |
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⚠ Article 132 Prudent person principle |
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⚠ Article 133 Freedom of investment |
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Article 134 Localisation of assets and prohibition of pledging of assets |
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Article 135 Delegated acts and regulatory technical standards concerning qualitative requirements |
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Chapter VII Insurance and reinsurance undertakings in difficulty or in an irregular situation (arts. 136-144) |
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Article 136 Identification and notification of deteriorating financial conditions by the insurance and reinsurance undertaking |
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⚠ Draft Article 136a Deterioration of solvency position |
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Article 137 Non-Compliance with technical provisions |
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⚠ Article 138 Non-Compliance with the Solvency Capital Requirement |
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⚠ Article 139 Non-Compliance with the Minimum Capital Requirement |
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Article 140 Prohibition of free disposal of assets located within the territory of a Member State |
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⚠ Article 141 Supervisory powers in deteriorating financial conditions |
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Article 142 Recovery plan and finance scheme |
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Article 143 Delegated acts and regulatory technical standards concerning Article 138(4) |
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⚠ Article 144 Withdrawal of authorisation |
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Draft Chapter VIIa Macroprudential tools (draft arts. 144a-144d) |
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⚠ Draft Article 144a Liquidity risk management |
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⚠ Draft Article 144b Supervisory powers to remedy liquidity vulnerabilities in exceptional circumstances |
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⚠ Draft Article 144c Supervisory measures to preserve the financial position of undertakings during exceptional sector-wide shocks |
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⚠ Draft Article 144d Application of additional macroprudential tools |
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Chapter VIII Right of establishment and freedom to provide services (arts. 145-161) |
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Section 1 Establishment by insurance undertakings (arts. 145-146) |
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⚠ Article 145 Conditions for branch establishment |
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Article 146 Communication of information |
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Section 2 Freedom to provide services: by insurance undertakings (arts. 147-152) |
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Subsection 1 General provisions (arts. 147-149) |
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Article 147 Prior notification to the home Member State |
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Article 148 Notification by the home Member State |
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⚠ Article 149 Changes in the nature of the risks or commitments |
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Subsection 2 Third party motor vehicle liability (arts. 150-152) |
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Article 150 Compulsory insurance on third party motor vehicle liability |
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Article 151 Non-discrimination of persons pursuing claims |
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Article 152 Representative |
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⚠ Section 2A Notification and collaboration platforms (arts. 152a-152b) |
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⚠ Article 152a Notification |
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⚠ Draft Article 152aa Significant cross-border activities |
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⚠ Draft Article 152ab Enhanced supervisory cooperation and information exchange between home and host supervisory authorities in relation to significant-cross-border activities |
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⚠ Article 152b Collaboration platforms |
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Section 3 Competencies of the supervisory authorities of the host member state (arts. 153-158) |
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Subsection 1 Insurance (arts. 153-157) |
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⚠ Article 153 Language |
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Article 154 Prior notification and prior approval |
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Article 155 Insurance undertakings not complying with the legal provisions |
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Article 156 Advertising |
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Article 157 Taxes on premiums |
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Subsection 2 Reinsurance (art. 158) |
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Article 158 Reinsurance undertakings not complying with the legal provisions |
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Section 4 Statistical information (art. 159) |
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Article 159 Statistical information on cross-border activities |
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Section 5 Treatment of contracts of branches in winding-up proceedings (arts. 160-161) |
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Article 160 Winding-up of insurance undertakings |
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Article 161 Winding-up of reinsurance undertakings |
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Chapter IX Branches established within the community and belonging to insurance or reinsurance undertakings with head offices situated outside the community (arts. 162-175) |
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Section 1 Taking-up of business (arts. 162-171) |
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Article 162 Principle of authorisation and conditions |
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Article 163 Scheme of operations of the branch |
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Article 164 Transfer of portfolio |
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Article 165 Technical provisions |
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Article 166 Solvency Capital Requirement and Minimum Capital Requirement |
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Article 167 Advantages to undertakings authorised in more than one Member State |
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Article 168 Accounting, prudential and statistical information and undertakings in difficulty |
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Article 169 Separation of non-life and life business |
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Article 170 Withdrawal of authorisation for undertakings authorised in more than one Member State |
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Article 171 Agreements with third countries |
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Section 2 Reinsurance (arts. 172-175) |
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Article 172 Equivalence in relation to reinsurance undertakings |
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Article 173 Prohibition of pledging of assets |
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Article 174 Principle and conditions for conducting reinsurance activity |
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Article 175 Agreements with third countries |
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Chapter X Subsidiaries of insurance and reinsurance undertakings governed by the laws of a third country and acquisitions of holdings by such undertakings (arts. 176-177) |
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Article 176 Information from Member States to the Commission and EIOPA |
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Article 177 Third-country treatment of Community insurance and reinsurance undertakings |
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Title II Specific Provisions for Insurance and Reinsurance (arts. 178-211) |
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Chapter I Applicable law and conditions of direct insurance contracts (arts. 178-186) |
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Section 1 Applicable law (art. 178) |
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Article 178 Applicable Law |
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Section 2 Compulsory insurance (art. 179) |
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Article 179 Related obligations |
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Section 3 General good (art. 180) |
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Article 180 General good |
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Section 4 Conditions of insurance contracts and scales of premiums (arts. 181-182) |
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Article 181 Non-life insurance |
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Article 182 Life insurance |
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⚠ Section 5 Information for policy holders (arts. 183-186) |
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⚠ Subsection 1 Non-life insurance (arts. 183-184) |
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⚠ Article 183 General Information for policy holders |
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⚠ Article 184 Additional information in the case of non-life insurance offered under the right of establishment or the freedom to provide services |
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⚠ Subsection 2 Life insurance (arts. 185-186) |
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⚠ Article 185 Information for policy holders |
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Article 186 Cancellation period |
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Chapter II Provisions specific to non-life insurance (arts. 187-207) |
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Section 1 General provisions (arts. 187-189) |
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Article 187 Policy Conditions |
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Article 188 Abolition of monopolies |
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Article 189 Participation in national guarantee schemes |
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Section 2 Community co-insurance (arts. 190-196) |
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Article 190 Community co-insurance operations |
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Article 191 Participation in Community co-insurance |
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Article 192 Technical provisions |
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Article 193 Statistical data |
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Article 194 Treatment of co-insurance contracts in winding-up proceedings |
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Article 195 Exchange of information between supervisory authorities |
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Article 196 Cooperation on implementation |
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Section 3 Assistance (art. 197) |
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Article 197 Activities similar to tourist assistance |
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Section 4 Legal expenses insurance (arts. 198-205) |
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Article 198 Scope of this Section |
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Article 199 Separate contracts |
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Article 200 Management of claims |
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Article 201 Free choice of lawyer |
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Article 202 Exception to the free choice of lawyer |
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Article 203 Arbitration |
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Article 204 Conflict of interest |
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Article 205 Abolition of specialisation of legal expenses insurance |
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Section 5 Health insurance (art. 206) |
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Article 206 Health insurance as an alternative to social security |
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Section 6 Insurance against accidents at work (art. 207) |
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Article 207 Compulsory insurance against accidents at work |
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Chapter III Provisions specific to life insurance (arts. 208-209) |
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Article 208 Prohibition on compulsory ceding of part of underwriting |
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Article 209 Premiums for new business |
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Chapter IV Rules specific to reinsurance (arts. 210-211) |
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Article 210 Finite reinsurance |
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Article 211 Special purpose vehicles |
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Title III Supervision of Insurance and Reinsurance Undertakings in a Group (arts. 212-266) |
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Chapter I Group supervision: definitions, cases of application, scope and levels (arts. 212-217) |
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Section 1 Definitions (art. 212) |
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⚠ Article 212 Definitions |
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Section 2 Cases of application and scope (arts. 213-214) |
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⚠ Article 213 Cases of application of group supervision |
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⚠ Draft Article 213a Use of proportionality measures at the level of the group |
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⚠ Draft Article 213b Impediments to group supervision |
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⚠ Article 214 Scope of group supervision |
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Section 3 Levels (arts. 215-217) |
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Article 215 Ultimate parent undertaking at Community level |
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Article 216 Ultimate parent undertaking at national level |
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Article 217 Parent undertaking covering several Member States |
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Chapter II Financial position (arts. 218-246) |
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Section 1 Group solvency (arts. 218-243) |
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Subsection 1 General provisions (arts. 218-219) |
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Article 218 Supervision of group solvency |
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Article 219 Frequency of calculation |
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Subsection 2 Choice of calculation method and general principles (arts. 220-224) |
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⚠ Article 220 Choice of method |
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⚠ Article 221 Inclusion of proportional share |
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⚠ Article 222 Elimination of double use of eligible own funds |
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Article 223 Elimination of the intra-group creation of capital |
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Article 224 Valuation |
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Subsection 3 Application of the calculation methods (arts. 225-229 and draft art. 229a) |
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Article 225 Related insurance and reinsurance undertakings |
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⚠ Article 226 Intermediate insurance holding companies |
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⚠ Article 227 Equivalence concerning related third-country insurance and re-insurance undertakings |
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⚠ Article 228 Related credit institutions, investment firms and financial institutions |
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⚠ Article 229 Non-availability of the necessary information |
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⚠ Draft Article 229a Simplified calculations |
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Subsection 4 Calculation methods (arts. 230-234) |
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⚠ Article 230 Method 1 (Default method): Accounting consolidation-based method |
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Article 231 Group internal model |
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⚠ Article 232 Group capital add-on |
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⚠ Article 233 Method 2 (Alternative method): Deduction and aggregation method |
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⚠ Draft Article 233a Combination of methods 1 and 2 |
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⚠ Draft Article 233b Long-term equities at group level |
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⚠ Article 234 Delegated acts concerning Articles 220 to 229 and 230 to 233 |
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Subsection 5 Supervision of group solvency for insurance and reinsurance undertakings that are subsidiaries of an insurance holding company (art. 235) |
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Article 235 Group solvency of an insurance holding company or a mixed financial holding company |
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Subsection 6 Supervision of group solvency for groups with centralised risk management (arts. 236-243) |
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Article 236 Subsidiaries of an insurance or reinsurance undertaking: conditions |
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Article 237 Subsidiaries of an insurance or reinsurance undertaking: decision on the application |
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Article 238 Subsidiaries of an insurance or reinsurance undertaking: determination of the Solvency Capital Requirement |
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Article 239 Subsidiaries of an insurance or reinsurance undertaking: non-compliance with the Solvency and Minimum Capital Requirements |
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Article 240 Subsidiaries of an insurance or reinsurance undertaking: end of derogations for a subsidiary |
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Article 241 Subsidiaries of an insurance or reinsurance undertaking: delegated acts |
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Article 242 Review |
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Article 243 Subsidiaries of an insurance holding company and mixed financial holding company |
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Section 2 Risk concentration and intra-group transactions (arts. 244-245) |
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⚠ Article 244 Supervision of risk concentration |
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⚠ Article 245 Supervision of intra-group transactions |
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Section 3 Risk management and internal control (art. 246) |
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⚠ Article 246 Supervision of the system of governance |
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⚠ Draft Chapter IIa Macroprudential rules at group level (draft arts. 246a-246b) |
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⚠ Draft Article 246a Liquidity risk management at group level |
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⚠ Draft Article 246b Other macroprudential rules |
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Chapter III Measures to facilitate group supervision (arts. 247-259) |
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Article 247 Group Supervisor |
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Article 248 Rights and duties of the group supervisor and the other supervisors College of supervisors |
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Article 249 Cooperation and exchange of information between supervisory authorities |
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Article 250 Consultation between supervisory authorities |
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Article 251 Requests from the group supervisor to other supervisory authorities |
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⚠ Article 252 Cooperation with authorities responsible for credit institutions and investment firms |
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Article 253 Professional secrecy and confidentiality |
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⚠ Article 254 Access to information |
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Article 255 Verification of information |
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⚠ Article 256 Group solvency and financial condition report |
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Article 256a Group structure |
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⚠ Draft Article 256b Group regular supervisory report |
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⚠ Draft Article 256c Solvency and financial condition report: Audit requirement |
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⚠ Article 257 Administrative, management or supervisory body of insurance holding companies and mixed financial holding companies |
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⚠ Article 258 Enforcement measures |
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Article 259 Reporting of EIOPA |
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Chapter IV Third countries (arts. 260-264) |
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Article 260 Parent undertakings outside the Union: verification of equivalence |
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Article 261 Parent undertakings outside the Community: equivalence |
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⚠ Article 262 Parent undertakings registered in a third country: absence of equivalence |
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Article 263 Parent undertakings outside the Community: levels |
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Article 264 Cooperation with third-country supervisory authorities |
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Chapter V Mixed-activity insurance holding companies (arts. 265-266) |
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⚠ Article 265 Intra-group transactions |
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Article 266 Cooperation with third countries |
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Title IV Reorganisation and Winding-up of Insurance Undertakings (arts. 267-296) |
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Chapter I Scope and definitions (arts. 267-268) |
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⚠ Article 267 Scope of this Title |
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⚠ Article 268 Definitions |
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Chapter II Reorganisation measures (arts. 269-272) |
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Article 269 Adoption of reorganisation measures applicable law |
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Article 270 Information to the supervisory authorities |
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Article 271 Publication of decisions on reorganisation measures |
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Article 272 Information to known creditors right to lodge claims |
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Chapter III Winding-up proceedings (arts. 273-284) |
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Article 273 Opening of winding-up proceedings information to the supervisory authorities |
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Article 274 Applicable law |
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Article 275 Treatment of insurance claims |
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Article 276 Special register |
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Article 277 Subrogation to a guarantee scheme |
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Article 278 Representation of preferential claims by assets |
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Article 279 Withdrawal of the authorisation |
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Article 280 Publication of decisions on winding-up proceedings |
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Article 281 Information to known creditors |
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Article 282 Right to lodge claims |
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Article 283 Languages and form |
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Article 284 Regular information to the creditors |
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Chapter IV Common provisions (arts. 285-296) |
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Article 285 Effects on certain contracts and rights |
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Article 286 Rights in rem of third parties |
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Article 287 Reservation of title |
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Article 288 Set-off |
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Article 289 Regulated markets |
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Article 290 Detrimental acts |
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Article 291 Protection of third-party purchasers |
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Article 292 Lawsuits pending |
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Article 293 Administrators and liquidators |
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Article 294 Registration in a public register |
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Article 295 Professional secrecy |
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Article 296 Treatment of branches of third-country insurance undertakings |
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Title V Other Provisions (arts. 297-304b and draft arts. 304c-304e) |
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Article 297 Right to apply to the courts |
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Article 298 Cooperation between the Member States and the Commission |
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Article 299 Euro |
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Article 300 Revision of amounts expressed in euro |
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Article 301 Committee procedure |
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⚠ Article 301a Exercise of the delegation |
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Article 301b Sunrise provision for regulatory technical standards |
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Article 302 Notifications submitted prior to entry into force of the laws, regulations and administrative provisions necessary to comply with Articles 57 to 63 |
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Article 303 Amendments to Directive 2003/41/EC |
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⚠ Article 304 Duration-based equity risk sub-module |
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Article 304b Accessibility of information on the European single access point |
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⚠ Draft Article 304c Report as regards sustainability risk |
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⚠ Draft Article 304d Review as regards separation of life and non-life activities and capital buffers |
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⚠ Draft Article 304e Extension of deadlines in exceptional circumstances |
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Title VI Transitional and final provisions (arts. 305-312) |
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Chapter I Transitional provisions (arts. 305-308e and draft art. 308f) |
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Section 1 Insurance (arts. 305-306) |
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⚠ Article 305 Derogations and abolition of restrictive measures |
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Article 306 Rights acquired by existing branches and insurance undertakings |
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Section 2 Reinsurance (arts. 307-308) |
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Article 307 Transitional period for Articles 57(3) and 60(6) of Directive 2005/68/EC |
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Article 308 Right acquired by existing reinsurance undertakings |
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Section 3 Insurance and reinsurance (arts. 308a-308e and draft art. 308f) |
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⚠ Article 308a Phasing-in |
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⚠ Article 308b Transitional measures |
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⚠ Article 308c Transitional measure on the risk-free interest rates |
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⚠ Article 308d Transitional measure on technical provisions |
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⚠ Article 308e Phasing-in plan on the transitional measures on risk-free interest rates and on technical provisions |
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⚠ Draft Article 308f |
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Chapter II Final provisions (arts. 309-312) |
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⚠ Article 309 Transposition |
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Article 310 Repeal |
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Article 310a Staff and resources of EIOPA |
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⚠ Article 311 Entry into force |
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Article 312 Addressees |
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Annex I Classes of Non-Life Insurance |
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Annex I, Part A Classification of risks according to classes of insurance |
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Annex I, Part B Description of authorisations granted for more than one class of insurance |
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Annex II Classes of Life Insurance |
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Annex III Legal Forms of Undertakings |
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⚠ Annex III, Part A Forms of non-life insurance undertaking: |
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⚠ Annex III, Part B Forms of life insurance undertaking: |
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⚠ Annex III, Part C Forms of reinsurance undertaking: |
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Annex IV Solvency Capital Requirement (SCR) Standard Formula |
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Annex V Groups of Non-Life Insurance Classes for the Purposes of Article 159 |
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Annex VI |
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Annex VI, Part A Repealed Directives with list of their successive amendments |
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Annex VI, Part B List of time-limits for transposition into national law (referred to in Article 310) |
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Annex VII Correlation Table |
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Done at |
