Article L325-1 of the French Insurance Code
November 8, 2023
Without prejudice to the provisions of Article L. 612-39, the administrative authorisation provided for in Articles L. 321-1, L. 321-1-1, L. 321-7 and L. 329-1 may be withdrawn by the Autorité de contrôle prudentiel et de résolution in the event of a prolonged absence from business, a breach of the balance between the undertaking’s financial resources and its business or, if the general interest so requires, substantial changes affecting the…
