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Article A132-9-4 of the French Insurance Code

I.-The report on the application of articles L. 132-9-2 and L. 132-9-3 provided for in article L. 132-9-3-1 is published annually on the insurance undertaking’s website or on any other durable medium within 90 working days of 1 January of each year. The description of the steps taken, including the resources deployed, during the previous year to deal with outstanding life insurance policies includes the following information, as at 31…

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Article Annexe à l’article A132-9-4 of the French Insurance Code

Table 1: NUMBER OF CONTRACTS having given rise to investigation/search by the insurance company NUMBER OF INSURED PERSONS centenarians not deceased, including those for whom there is a presumption of death ANNUAL AMOUNT (all technical provisions combined) of contracts for policyholders centenarians not deceased NUMBER of contracts closed by the insurance company ANNUAL AMOUNT of contracts closed with no further action by the insurance company Year N Table 2: YEAR…

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Article A132-9-5 of the French Insurance Code

The annual report provided for in Article L. 132-9-3-1 includes the following information (all technical provisions combined, expressed in the form of a theoretical mathematical provision for point-based schemes), as at 31 December of the previous year: 1° Amount of unpaid death benefits under life insurance contracts other than compulsory group contracts taken out within the company for more than one year from the date of knowledge of the death…

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Article Annexe à l’article A132-9-5 of the French Insurance Code

SITUATION at 31 December N Total amount expressed in millions of euros (€M) SITUATION at 31 December N expressed in number of contracts concerned GLOBAL AMOUNT paid to beneficiaries or transferred to CDC at 31 December N out of the stock identified at 31 December N-1 in millions of euros and as a percentage TOTAL NUMBER of contracts paid to beneficiaries or transferred to CDC at 31 December N out…

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Article A132-9-6 of the French Insurance Code

The report published by the professional bodies provided for in article L. 132-9-4 includes the following information as at 31 December of the previous year: 1° Number of applications by potential beneficiaries of a life insurance policy under the scheme provided for in article L. 132-9-2 ; 2° Annual amount (including all technical provisions) and number of contracts for which the policyholder has been identified as deceased under the scheme…

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Article Annexe à l’article A132-9-6 of the French Insurance Code

YEAR NUMBER of requests by potential beneficiaries which enabled the insurer to identify the death (article L. 132-9-2) TOTAL AMOUNT and number of contracts for which the policyholder has been identified as deceased (article L. 132-9-2) AMOUNT of capital paid out/number of contracts paid out (article L. 132-9-2) NUMBER of policyholders identified as deceased and number of policies with a policyholder identified as deceased following consultations under article L. 132-9-3…

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Article A132-10 of the French Insurance Code

The minimum amount of participation in the technical and financial profits of undertakings carrying out the operations referred to in 1° of Article L. 310-1 and of supplementary professional retirement funds referred to in Article L. 381-1 is determined for individual and group contracts of all types, in accordance with Articles A. 132-11 to A. 132-17. For all these articles, references to the “mathematical provision” must be understood in the…

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Article A132-11 of the French Insurance Code

I. – For the operations of each company mentioned in 1° of Article L. 310-1 and of each supplementary occupational pension fund mentioned in Article L. 381-1, in respect of insurance, capitalisation or supplementary occupational pension commitments falling within categories 1 to 7 of Article A. 344-2, the minimum amount of profit sharing to be allocated in respect of a financial year is determined globally on the basis of a…

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Article A132-12 of the French Insurance Code

The minimum annual amount of profit-sharing is the credit balance of the profit-sharing account defined in I of article A. 132-11 for the operations mentioned in this same I. The minimum annual amount of profit-sharing is equal to the amount defined in the previous paragraph less the amount of interest credited to the mathematical provisions and increased, where applicable, by an amount equal to the sum, contract by contract, of…

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Article A132-13 of the French Insurance Code

The financial account referred to in Article A. 132-11 includes, on the revenue side, the portion of net investment income calculated in accordance with the rules referred to in Article A. 132-14 and, on the expenditure side, with the authorisation of the Autorité de contrôle prudentiel et de résolution and after justification, the portion of profits which the undertaking has had to allocate to own funds in order to satisfy,…

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