Article L334-1 of the French Insurance Code
November 8, 2023
The undertakings referred to in Article L. 310-3-2 must at all times comply with a solvency margin calculated in accordance with the procedures defined by decree of the Conseil d’Etat. The Autorité de contrôle prudentiel et de résolution may require the undertaking to provide an additional solvency margin to enable it to meet all the solvency requirements rapidly. The level of this additional solvency margin requirement is determined in accordance…
