Article L351-6 of the French Insurance Code
November 8, 2023
Prudential capital is the sum of core capital and ancillary capital.
Prudential capital is the sum of core capital and ancillary capital.
When insurance and reinsurance undertakings, or the parent undertakings referred to in 3° of Article L. 356-15, no longer hold sufficient eligible own funds to cover their Solvency Capital Requirement or Minimum Capital Requirement, distributions relating to certain own funds items are subject to limitations. Depending on the own funds item concerned, these restrictions consist of either a prohibition or a deferral of such distributions. They also apply in the…
A decree in the Conseil d’Etat shall specify the conditions of application of this section.
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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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