Article R441-24 of the French Insurance Code
November 7, 2023
If the ratio, assessed at the end of the financial year, between the sum of the special technical provision and the net unrealised gains and losses on the assets allocated to the special technical provision, on the one hand, and the theoretical mathematical provision, on the other hand, has been less than 0.9 for three financial years, the insurance undertaking shall draw up a convergence plan designed to re-establish a…
