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Article R352-26 of the French Insurance Code

The capital add-on referred to in 1° and 2° of Article L. 352-3 is calculated in such a way as to ensure that the undertaking complies with Article L. 352-1. The capital add-on referred to in 3° of I of Article L. 352-3 is proportionate to the significant risks arising from the shortcomings which justified the decision of the Autorité de contrôle prudentiel et de résolution to impose it. The…

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