The available assets of the Fonds de Compensation des Risques de l’Assurance de la Construction are invested by the Caisse Centrale de Réassurance in the assets mentioned in Article R. 332-2. These assets are subject to the limitations set out in articles R. 332-3 and R. 332-3-1 ; however, for the calculation of these limitations, the amount of each category of assets is added to the amount of the fund’s…
The control of operations and the approval of the fund’s accounts are carried out under the same conditions as for the other activities of the Caisse Centrale de Réassurance.
The craft businesses referred to in the seventh paragraph of article L. 431-14 are defined in the first paragraph of article 1 of decree no. 62-235 of 1 March 1962 amended by article 1 of decree no. 76-879 of 21 September 1976, and for the departments of Bas-Rhin, Haut-Rhin and Moselle, in article 3 of decree no. 73-942 of 3 October 1973.
Insurance undertakings authorised to transact business involving commitments the performance of which depends on the duration of human life may only transact the business referred to in Article L. 441-1 in accordance with the provisions of this chapter.
In addition to the information mentioned in article L. 112-4, the contract includes 1° The surname, first names and date of birth of the insured person(s) ; 2° The event or date on which the guaranteed capital or annuity falls due; 3° The deadlines and terms of payment of the guaranteed capital or annuity.
Where the agreement provides for the possibility of a reduction in the value of the annuity unit, this reduction may only occur where the ratio between, on the one hand, the sum of the special technical provision and the net unrealised gains and losses on the assets allocated to the special technical provision and, on the other hand, the theoretical mathematical provision is less than 0.95 at the financial year-end…
I. – The technical and financial information provided for in 5° of I of Article L. 441-3-1 includes the following information: 1° The amount of the theoretical mathematical provision calculated at 31 December of the financial year ended ; 2° The amount of the technical provisions mentioned in 1° to 3° of article R. 441-7 at the same date; 3° The ratio between, on the one hand, the sum of…
Any person who, even as an intermediary, offers to subscribe to contracts or agreements that contravene the provisions of this chapter, or arranges for such contracts or agreements to be subscribed, will be liable to the fine provided for 5th class offences. In the event of a second or subsequent offence, the fine will be the same as that imposed for repeated 5th class offences.
The group insurance operations provided for in Article L. 441-1 are authorised on condition that these operations include a benefit determined in accordance with the conditions laid down in this chapter.
The transactions referred to in article R. 441-4 are carried out pursuant to agreements which must specify the operating procedures of the scheme, including in the cases of conversion provided for in articles R. 441-24 and R. 441-26.
Our French business lawyers are here to help.
We offer a FREE evaluation of your case.
Call us at +33 (0) 1 84 88 31 00 or send us an email.
is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
Resources
is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
Useful links
Our French business lawyers are here to help.
We offer a FREE evaluation of your case.
Call +33 (0) 1 84 88 31 00 or send us an email.
All information exchanged through this website will be communicated to lawyers registered with a French Bar and will remain confidential.
