Section 3: Investment income

In the case of undertakings authorised to carry out the transactions referred to in 1° of Article L. 310-1 and supplementary occupational pension funds, in the event of the sale of securities valued in accordance with Article R. 343-9, with the exception of variable-rate bonds, payments or deductions are made from the capitalisation reserve provided for in Article R. 343-3.When a financial futures instrument is used under the conditions defined…

Life assurance, nuptial-nuptial insurance and capitalisation undertakings must maintain the net income from their investments at an amount at least equal to the interest credited to the mathematical provisions.

By way of derogation from Article R. 343-14, for undertakings carrying on both the operations referred to in 1° and 2° of Article L. 310-1 whose technical provisions relating to the operations referred to in 1° of Article L. 310-1, calculated in accordance with the provisions in force on 31 December 2015, represented less than 10% of the total amount of the undertaking’s technical provisions, calculated on that same date…