Article R343-13 of the French Insurance Code
Notwithstanding the provisions of Articles R. 343-9 and R. 343-10, investments accepted in respect of variable capital life assurance or capitalisation contracts, in which the sum insured is determined by reference to a reference value, are estimated separately and entered in the balance sheet at their value on the day of the valuation. As an exception to the provisions of articles R. 343-9 and R. 343-10, at the time of…