Chapter IV: Classes of insurance and statements to be produced.

At the end of each financial year, companies carrying out life insurance or capitalisation operations include the value of investments in their management report. They must also include the proportion of these investments corresponding to commitments made to policyholders and beneficiaries, as would be recorded in the event of a transfer of the portfolio of contracts. The rules for calculating this proportion are set by decree in the Conseil d’Etat.