(1) An insurance undertaking with its head office in the State shall inform the Bank separately in respect of those transactions effected by it by way of establishment and those effected by it by way of services of the amount of the premiums without deduction of reinsurance, and shall so inform the Bank in respect of each Member State where such transactions are effected and in respect of each of Classes I to VII as defined in Annex I to these Regulations.
(2) The Bank shall forward the information provided in accordance with sub-article (1) of this Article within a reasonable period of time and in aggregate form to the supervisory authorities of each of the Member States which so requests.