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1998 on the supplementary supervision of insurance and reinsurance undertakings in an insurance or reinsurance group (repealed) in England
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on the supplementary supervision of insurance and reinsurance undertakings in an insurance or reinsurance group (repealed)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- 1Definitions Repealed
- 2Cases of application of supplementary supervision of insurance undertakings and reinsurance undertakings Repealed
- 2aLevel of application with regard to mixed financial holding companies Repealed
- 3Scope of supplementary supervision Repealed
- 4Competent authorities for exercising supplementary supervision Repealed
- 5Availability and quality of information Repealed
- 6Access to information Repealed
- 7Cooperation between competent authorities Repealed
- 8Intra-group transactions Repealed
- 9Adjusted solvency requirement Repealed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financial holding companies, non-member-country insurance undertakings and non-member-country reinsurance undertakings Repealed
- 10aCooperation with third countries' competent authorities Repealed
- 10bArticle 10b Repealed
- 11Implementation Repealed
- 12Entry into force Repealed
- 13Addressees Repealed
- Annex I: CALCULATION OF THE ADJUSTED SOLVENCY OF INSURANCE UNDERTAKINGS AND REINSURANCE UNDERTAKINGS Repealed
- 1CHOICE OF CALCULATION METHOD AND GENERAL PRINCIPLES Repealed
- 2APPLICATION OF THE CALCULATION METHODS Repealed
- CALCULATION METHODS Repealed
- Division Repealed
- Division Repealed
- Division Repealed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FINANCIAL HOLDING COMPANY, A NON-MEMBER-COUNTRY INSURANCE UNDERTAKING OR A NON-MEMBER-COUNTRY REINSURANCE UNDERTAKING Repealed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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