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Article R356-59 of the French Insurance Code

The single report on the solvency and financial position at group level shall contain the following information: a) Information at group level which must be published in accordance with Articles L. 356-23, L. 356-24 and R. 356-55 to R. 356-58; b) Information relating to each insurance and reinsurance undertaking in the group which must be individually identifiable and published in accordance with Section 2 of Chapter V of this Title.

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Article R356-60 of the French Insurance Code

The application, which may be submitted by the participating and parent undertakings referred to respectively in the second and third paragraphs of Article L. 356-2, with a view to obtaining the authorisation referred to in Article L. 356-25 must be filed with the Autorité de contrôle prudentiel et de résolution in its capacity as group supervisor at least five months before the end of the first financial year concerned by…

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Article R356-61 of the French Insurance Code

Until 1 January 2020, the participating and parent undertakings referred to respectively in the second and third paragraphs of Article L. 356-2 shall publish the annual report on the solvency and financial situation at group level referred to in Article L. 356-23 according to the following timetable a) No later than 26 weeks after the end of the undertaking’s financial year, for financial years ending between 30 June 2016 and…

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Article R362-1 of the French Insurance Code

The claims representative referred to in Article L. 362-3 gathers the information required to compile and manage compensation files. He represents the insurance undertaking in dealings with persons who have suffered loss or damage and settles claims. It also represents the insurance undertaking vis-à-vis the French authorities and courts for the settlement of claims.

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Article R362-2 of the French Insurance Code

If the mandataire général referred to in article L. 362-1 is a natural person, he must have his domicile and reside on French territory. He must be vested with sufficient powers by the company concerned to bind it in relation to third parties and to represent it in relation to the French authorities and courts. He must meet the requirements of competence and good repute mentioned in article L. 322-2….

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Article R364-1 of the French Insurance Code

Where the Autorité de contrôle has required an insurance or reinsurance undertaking to submit a recovery plan in accordance with Article L. 612-32 of the Monetary and Financial Code , and that undertaking proposes to take over all or part of the portfolio of an undertaking having its head office in another Member State or another State party to the Agreement on the European Economic Area, it shall refrain from…

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Article R365-1 of the French Insurance Code

To enable the insurance undertakings involved in a co-insurance transaction to benefit from the exemption provided for in Article L. 365-1, the transaction must meet the following conditions: 1° The risk is covered by a single contract in return for an overall premium for the same duration ; 2° The insurers are not jointly and severally liable; 3° One of the insurers is designated as the lead insurer: this insurer…

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Article R365-2 of the French Insurance Code

The Autorité de contrôle prudentiel et de résolution works closely with the European Commission to examine any difficulties that may arise in the implementation of Article L. 365-1, in particular with regard to the exercise of the leading role assigned to the lead manager and the conditions under which insurers participate in covering the risk.

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