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Article A356-3 of the French Insurance Code

In accordance with article R. 356-17, when an undertaking mentioned in the first paragraph of article R. 356-8 is a participating undertaking of a credit institution, an investment firm or a financial institution, that undertaking applies, for the calculation of the group’s solvency, the accounting consolidation method, known as method No. 1, defined in Article 9 of the Order of 3 November 2014 on the supplementary supervision of financial conglomerates…

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