OpenLegislation

Article 192 Technical provisions

United Kingdom

Original text. Later amendments are not shown.

The amount of the technical provisions shall be determined by the different co-insurers according to the rules fixed by their home Member State or, in the absence of such rules, according to customary practice in that State.

However, the technical provisions shall be at least equal to those determined by the leading insurer according to the rules of its home Member State.