Directive 98/78/EC of the European Parliament and of the Council of 27 October 1998 on the supplementary supervision of insurance and reinsurance undertakings in an insurance or reinsurance group (repealed)
EU Directive 1998/78 · Adopted 27 October 1998 · Extends to United Kingdom
Directive 98/78/EC of the European Parliament and of the Council
of 27 October 1998
on the supplementary supervision of insurance and reinsurance undertakings in an insurance or reinsurance group (repealed)
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Annotations to the whole text
Textual amendments
Contents
- 1Definitions Repealed
- 2Cases of application of supplementary supervision of insurance undertakings and reinsurance undertakings Repealed
- 2aLevel of application with regard to mixed financial holding companies Repealed
- 3Scope of supplementary supervision Repealed
- 4Competent authorities for exercising supplementary supervision Repealed
- 5Availability and quality of information Repealed
- 6Access to information Repealed
- 7Cooperation between competent authorities Repealed
- 8Intra-group transactions Repealed
- 9Adjusted solvency requirement Repealed
- 10Insurance holding companies, mixed financial holding companies, non-member-country insurance undertakings and non-member-country reinsurance undertakings Repealed
- 10aCooperation with third countries' competent authorities Repealed
- 10bArticle 10b Repealed
- 11Implementation Repealed
- 12Entry into force Repealed
- 13Addressees Repealed
- Annex I: CALCULATION OF THE ADJUSTED SOLVENCY OF INSURANCE UNDERTAKINGS AND REINSURANCE UNDERTAKINGS Repealed
- 1CHOICE OF CALCULATION METHOD AND GENERAL PRINCIPLES Repealed
- 2APPLICATION OF THE CALCULATION METHODS Repealed
- CALCULATION METHODS Repealed
- Division Repealed
- Division Repealed
- Division Repealed
- Annex II: SUPPLEMENTARY SUPERVISION FOR INSURANCE AND REINSURANCE UNDERTAKINGS THAT ARE SUBSIDIARIES OF AN INSURANCE HOLDING COMPANY, A MIXED FINANCIAL HOLDING COMPANY, A NON-MEMBER-COUNTRY INSURANCE UNDERTAKING OR A NON-MEMBER-COUNTRY REINSURANCE UNDERTAKING Repealed
- 1In the case of two or more insurance undertakings or reinsurance undertakings as referred to in Article 2(2) which are the subsidiaries of an insurance holding company, a mixed financial holding company, a non-member-country insurance undertaking or a non-member-country reinsurance undertaking and which are established in different Member States, the competent authorities shall ensure that the method described in this Annex is applied in a consistent manner. Repealed
- 2Member States may waive the calculation provided for in this Annex with regard to an insurance undertaking or a reinsurance undertaking: Repealed
- 3The competent authorities shall ensure that calculations analogous to those described in Annex I are carried out at the level of the insurance holding company, mixed financial holding company, non-member-country insurance undertaking or non-member-country reinsurance undertaking. Repealed
- 4Non-availability of the necessary information Repealed
1DefinitionsF1
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2Cases of application of supplementary supervision of insurance undertakings and reinsurance undertakingsF1
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2aLevel of application with regard to mixed financial holding companiesF1
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3Scope of supplementary supervisionF1
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4Competent authorities for exercising supplementary supervisionF1
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5Availability and quality of informationF1
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6Access to informationF1
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7Cooperation between competent authoritiesF1
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8Intra-group transactionsF1
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9Adjusted solvency requirementF1
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10Insurance holding companies, mixed financial holding companies, non-member-country insurance undertakings and non-member-country reinsurance undertakingsF1
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10aCooperation with third countries' competent authoritiesF1
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10bF1
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11ImplementationF1
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12Entry into forceF1
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13AddresseesF1
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1CHOICE OF CALCULATION METHOD AND GENERAL PRINCIPLESF1
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2APPLICATION OF THE CALCULATION METHODSF1
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1In the case of two or more insurance undertakings or reinsurance undertakings as referred to in Article 2(2) which are the subsidiaries of an insurance holding company, a mixed financial holding company, a non-member-country insurance undertaking or a non-member-country reinsurance undertaking and which are established in different Member States, the competent authorities shall ensure that the method described in this Annex is applied in a consistent manner.F1
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2Member States may waive the calculation provided for in this Annex with regard to an insurance undertaking or a reinsurance undertaking:F1
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3The competent authorities shall ensure that calculations analogous to those described in Annex I are carried out at the level of the insurance holding company, mixed financial holding company, non-member-country insurance undertaking or non-member-country reinsurance undertaking.F1
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4Non-availability of the necessary informationF1
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