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.
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….
The Autorité de contrôle prudentiel et de résolution shall notify the European Commission, where applicable, of the measures taken pursuant to the second and fourth paragraphs of Article L. 363-4.
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…
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…
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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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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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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