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Version status: Repealed | Document consolidation status: Updated to reflect all known changes
Published date: 19 December 2002

Directive 2002/83/EC - Life Insurance Directive

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Recitals
Title I Definitions and Scope (arts. 1-3)
Repealed
Article 1 Definitions
Repealed
Article 2 Scope
Repealed
Article 3 Activities and bodies excluded
Title II The Taking Up of the Business of Life Assurance (arts. 4-9)
Repealed
Article 4 Principle of authorisation
Repealed
Article 5 Scope of authorisation
Repealed
Article 6 Conditions for obtaining authorisation
Repealed
Article 7 Scheme of operations
Repealed
Article 8 Shareholders and members with qualifying holdings
Repealed
Article 9 Refusal of authorisation
Repealed
Article 9a Prior consultation with the competent authorities of other Member States
Title III Conditions Governing the Business of Assurance (arts. 10-39)
Chapter 1 Principles and Methods of Financial Supervision (arts. 10-19)
Repealed
Article 10 Competent authorities and object of supervision
Repealed
Article 11 Supervision of branches established in another Member State
Repealed
Article 12 Prohibition on compulsory ceding of part of underwriting
Repealed
Article 13 Accounting, prudential and statistical information: supervisory powers
Repealed
Article 14 Transfer of portfolio
Repealed
Article 15 Qualifying holdings
Repealed
Article 15a Assessment period
Repealed
Article 15b Assessment
Repealed
Article 15c Acquisitions by regulated financial undertakings
Repealed
Article 16 Professional secrecy
Repealed
Article 17 Duties of auditors
Repealed
Article 18 Pursuit of life assurance and non-life insurance activities
Repealed
Article 19 Separation of life assurance and non-life insurance management
Chapter 2 Rules Relating to Technical Provisions and their Representation (arts. 20-26)
Repealed
Article 20 Establishment of technical provisions
Repealed
Article 21 Premiums for new business
Repealed
Article 22 Assets covering technical provisions
Repealed
Article 23 Categories of authorised assets
Repealed
Article 24 Rules for investment diversification
Repealed
Article 25 Contracts linked to UCITS or share index
Repealed
Article 26 Matching rules
Chapter 3 Rules Relating to the Solvency Margin and to the Guarantee Fund (arts. 27-31)
Repealed
Article 27 Available solvency margin
Repealed
Article 28 Required solvency margin
Repealed
Article 28a Solvency margin for assurance undertakings conducting reinsurance activities
Repealed
Article 29 Guarantee fund
Repealed
Article 30 Review of the amount of the guarantee fund
Repealed
Article 31 Assets not used to cover technical provisions
Chapter 4 Contract Law and Conditions of Assurance (arts. 32-36)
Repealed
Article 32 Law applicable
Repealed
Article 33 General good
Repealed
Article 34 Rules relating to conditions of assurance and scales of premiums
Repealed
Article 35 Cancellation period
Repealed
Article 36 Information for policy holders
Chapter 5 Assurance Undertakings in Difficulty or in an Irregular Situation (arts. 37-39)
Repealed
Article 37 Assurance undertakings in difficulty
Repealed
Article 38 Financial recovery plan
Repealed
Article 39 Withdrawal of authorisation
Title IV Provisions Relating to Right of Establishment and Freedom to Provide Services (arts. 40-50)
Repealed
Article 40  Conditions for branch establishment
Repealed
Article 41 Freedom to provide services: prior notification to the home Member State
Repealed
Article 42 Freedom to provide services: notification by the home Member State
Repealed
Article 43 Freedom to provide services: changes in the nature of commitments
Repealed
Article 44 Language
Repealed
Article 45 Rules relating to conditions of assurance and scales of premiums
Repealed
Article 46 Assurance undertakings not complying with the legal provisions
Repealed
Article 47 Advertising
Repealed
Article 48 Winding-up
Repealed
Article 49 Statistical information on cross-border activities
Repealed
Article 50 Taxes on premiums
Title V Rules Applicable to Agencies or Branches Established Within the Community and Belonging to Undertakings Whose Head Offices are Outside the Community (arts. 51-57)
Repealed
Article 51 Principles and conditions of authorisation
Repealed
Article 52 Rules applicable to branches of third-country undertakings
Repealed
Article 53 Transfer of portfolio
Repealed
Article 54 Technical provisions
Repealed
Article 55 Solvency margin and guarantee fund
Repealed
Article 56 Advantages to undertakings authorised in more than one Member State
Repealed
Article 57 Agreements with third countries
Title VI Rules Applicable to Subsidiaries of Parent Undertakings Governed by the Laws of a Third Country and to the Acquisitions of Holdings by Such Parent Undertakings (arts. 58-59)
Repealed
Article 58 Information from Member States to the Commission
Repealed
Article 59 Third-country treatment of Community assurance undertakings
Title VII Transitional and Other Provisions (arts. 60-61)
Repealed
Article 60 Derogations and abolition of restrictive measures
Repealed
Article 61 Proof of good repute
Title VIII Final Provisions (arts. 62-74)
Repealed
Article 62 Cooperation between the Member States and the Commission
Repealed
Article 63 Reports on the development of the market under the freedom to provide services
Repealed
Article 64 Technical adjustment
Repealed
Article 65 Committee procedure
Repealed
Article 66 Rights acquired by existing branches and assurance undertakings
Repealed
Article 67 Right to apply to the courts
Repealed
Article 68 Review of amounts expressed in euro
Repealed
Article 69 Implementation of new provisions
Repealed
Article 70 Information to the Commission
Repealed
Article 71 Transitional period for Articles 3(6), 27, 28, 29, 30 and 38
Repealed
Article 72 Repealed directives and their correlation with this Directive
Repealed
Article 73 Entry into force
Repealed
Article 74 Addressees
Annexes
Repealed
Annex I Classes of assurance
Repealed
Annex II Matching rules
Repealed
Annex III Information for policy holders
Repealed
Annex IV
Annex V
Repealed
Annex V, Part A Repealed Directives together with their successive amendments
Repealed
Annex V, Part B Deadlines for implementation
Repealed
Annex VI Correlation table
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