The provisions of this Title apply to insurance undertakings not covered by the Solvency II regime, as referred to in Article L. 310-3-2. They do not apply to the undertakings referred to in Article L. 310-3-1 or to the undertakings referred to in 2° and 3° of the first paragraph of Article L. 310-1, which are reinsured by an agreement involving the substitution of the ceding undertaking for the performance…
The undertakings referred to in Article L. 310-3-2 must at all times comply with a solvency margin calculated in accordance with the procedures defined by decree of the Conseil d’Etat. The Autorité de contrôle prudentiel et de résolution may require the undertaking to provide an additional solvency margin to enable it to meet all the solvency requirements rapidly. The level of this additional solvency margin requirement is determined in accordance…
At the end of each financial year, the Board of Directors or the Management Board draws up a written solvency report. This report sets out the conditions under which the company guarantees its commitments to policyholders or reinsured companies by building up sufficient technical provisions, the calculation methods and assumptions used for which are explained and justified. It also sets out the investment guidelines defined, presents and analyses the results…
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PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
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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
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