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Directive 2002/83/EC - Life Insurance DirectiveRecitalsTitle I Definitions and Scope (arts. 1-3)Article 1 DefinitionsArticle 2 ScopeArticle 3 Activities and bodies excludedTitle II The Taking Up of the Business of Life Assurance (arts. 4-9)Article 4 Principle of authorisationArticle 5 Scope of authorisationArticle 6 Conditions for obtaining authorisationArticle 7 Scheme of operationsArticle 8 Shareholders and members with qualifying holdingsArticle 9 Refusal of authorisationArticle 9a Prior consultation with the competent authorities of other Member StatesTitle III Conditions Governing the Business of Assurance (arts. 10-39)Chapter 1 Principles and Methods of Financial Supervision (arts. 10-19)Article 10 Competent authorities and object of supervisionArticle 11 Supervision of branches established in another Member StateArticle 12 Prohibition on compulsory ceding of part of underwritingArticle 13 Accounting, prudential and statistical information: supervisory powersArticle 14 Transfer of portfolioArticle 15 Qualifying holdingsArticle 15a Assessment periodArticle 15b AssessmentArticle 15c Acquisitions by regulated financial undertakingsArticle 16 Professional secrecyArticle 17 Duties of auditorsArticle 18 Pursuit of life assurance and non-life insurance activitiesArticle 19 Separation of life assurance and non-life insurance managementChapter 2 Rules Relating to Technical Provisions and their Representation (arts. 20-26)Article 20 Establishment of technical provisionsArticle 21 Premiums for new businessArticle 22 Assets covering technical provisionsArticle 23 Categories of authorised assetsArticle 24 Rules for investment diversificationArticle 25 Contracts linked to UCITS or share indexArticle 26 Matching rulesChapter 3 Rules Relating to the Solvency Margin and to the Guarantee Fund (arts. 27-31)Article 27 Available solvency marginArticle 28 Required solvency marginArticle 28a Solvency margin for assurance undertakings conducting reinsurance activitiesArticle 29 Guarantee fundArticle 30 Review of the amount of the guarantee fundArticle 31 Assets not used to cover technical provisionsChapter 4 Contract Law and Conditions of Assurance (arts. 32-36)Article 32 Law applicableArticle 33 General goodArticle 34 Rules relating to conditions of assurance and scales of premiumsArticle 35 Cancellation periodArticle 36 Information for policy holdersChapter 5 Assurance Undertakings in Difficulty or in an Irregular Situation (arts. 37-39)Article 37 Assurance undertakings in difficultyArticle 38 Financial recovery planArticle 39 Withdrawal of authorisationTitle IV Provisions Relating to Right of Establishment and Freedom to Provide Services (arts. 40-50)Article 40  Conditions for branch establishmentArticle 41 Freedom to provide services: prior notification to the home Member StateArticle 42 Freedom to provide services: notification by the home Member StateArticle 43 Freedom to provide services: changes in the nature of commitmentsArticle 44 LanguageArticle 45 Rules relating to conditions of assurance and scales of premiumsArticle 46 Assurance undertakings not complying with the legal provisionsArticle 47 AdvertisingArticle 48 Winding-upArticle 49 Statistical information on cross-border activitiesArticle 50 Taxes on premiumsTitle 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)Article 51 Principles and conditions of authorisationArticle 52 Rules applicable to branches of third-country undertakingsArticle 53 Transfer of portfolioArticle 54 Technical provisionsArticle 55 Solvency margin and guarantee fundArticle 56 Advantages to undertakings authorised in more than one Member StateArticle 57 Agreements with third countriesTitle 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)Article 58 Information from Member States to the CommissionArticle 59 Third-country treatment of Community assurance undertakingsTitle VII Transitional and Other Provisions (arts. 60-61)Article 60 Derogations and abolition of restrictive measuresArticle 61 Proof of good reputeTitle VIII Final Provisions (arts. 62-74)Article 62 Cooperation between the Member States and the CommissionArticle 63 Reports on the development of the market under the freedom to provide servicesArticle 64 Technical adjustmentArticle 65 Committee procedureArticle 66 Rights acquired by existing branches and assurance undertakingsArticle 67 Right to apply to the courtsArticle 68 Review of amounts expressed in euroArticle 69 Implementation of new provisionsArticle 70 Information to the CommissionArticle 71 Transitional period for Articles 3(6), 27, 28, 29, 30 and 38Article 72 Repealed directives and their correlation with this DirectiveArticle 73 Entry into forceArticle 74 AddresseesAnnexesAnnex I Classes of assuranceAnnex II Matching rulesAnnex III Information for policy holdersAnnex IVAnnex VAnnex V, Part A Repealed Directives together with their successive amendmentsAnnex V, Part B Deadlines for implementationAnnex VI Correlation tableDone at
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Chapter 3 Rules Relating to the Solvency Margin and to the Guarantee Fund (arts. 27-31)

Article 27 Available solvency margin
Article 28 Required solvency margin
Article 28a Solvency margin for assurance undertakings conducting reinsurance activities
Article 29 Guarantee fund
Article 30 Review of the amount of the guarantee fund
Article 31 Assets not used to cover technical provisions
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