Insurance Business (Supervision (S.L. 403.17)

Sommaire

1. Art. 1 Citation and scope.
2. Title III of the Solvency II Directive.
3. Art. 2 Interpretation. Cap. 403. Cap. 330. Cap. 368. Cap. 368.
4. PART I
5. Art. 3 Applicability of regulations.
6. Art. 4 Level of application with regard to mixed financial holding companies.
7. Art. 5 Levels at which supervision need not be exercised in relation to risk concentration or intra-group transactions, or both.
8. Art. 6 Scope of group supervision.
9. Art. 7 Ultimate parent undertaking at Union level.
10. Art. 8 Ultimate parent undertaking at national level.
11. PART II
12. Art. 9 Group Solvency: general provisions.
13. Art. 10 Frequency of calculation.
14. Art. 11 Supervision of group solvency.
15. Art. 12 Choice of method.
16. Art. 13 Inclusion of proportional share.
17. Art. 14 Elimination of double use of eligible own funds.
18. Art. 15 Elimination of intra-group creation of capital.
19. Art. 16 Valuation.
20. Art. 17 Related insurance or reinsurance undertakings.
21. Art. 18 Intermediate insurance holding companies.
22. Art. 19 Equivalence concerning related third-country insurance and re- insurance undertakings.
23. Art. 20 Related credit institutions, investment firms and financial institutions.
24. Art. 21 Non-availability of the necessary information.
25. Art. 22 Method 1 (Default Method): Accounting consolidation- based method.
26. Art. 23 Group internal model.
27. Art. 24 Group capital add- on.
28. Art. 25 Method 2 (Alternative Method): Deduction and aggregation method.
29. Art. 26 Group solvency of an insurance holding company or a mixed financial holding company.
30. Art. 27 Subsidiaries of an insurance or reinsurance undertaking: conditions.
31. Art. 28 Subsidiaries of an insurance or reinsurance undertaking: decision on the application.
32. Art. 29 Subsidiaries of an insurance or reinsurance undertaking: determination of the Solvency Capital requirement.
33. Art. 30 Subsidiaries of an insurance or reinsurance undertaking: non- compliance with the Solvency Capital Requirement and Minimum Capital Requirement.
34. Art. 31 Subsidiaries of an insurance or reinsurance undertaking:endof derogations for a subsidiary.
35. Art. 32 Subsidiaries of an insurance holding company and mixed financial holding company.
36. Art. 33 Supervision of risk concentration and supervision of intra-group transactions.
37. Art. 34 Supervision of the system of governance.
38. PART III
39. Art. 35 Group supervisor.
40. Art. 36 Exceptions to the rule for deciding the group supervisor.
41. Art. 37 Rights and duties of the group supervisor and the other supervisors (College of supervisors).
42. Art. 38 Cooperation with authorities responsible for credit institutions and investment firms.
43. Art. 39 Access to information.
44. Art. 40 Group solvency and financial condition report.
45. Art. 41 Public disclosure of group structure.
46. Art. 42 Administrative, management or supervisory body of insurance holding companies and mixed financial holding companies.
47. Art. 43 Enforcement measures.
48. PART IV
49. Art. 44 Parent undertakings outside the Union: verification of equivalence.
50. Art. 45 Parent undertakings outside the Community: equivalence.
51. Art. 46 Parent undertakings registeredinathird country:absenceof equivalence.
52. Art. 47 Parent undertakings outside the Community: levels.
53. PART V
54. Art. 48 Mixed-activity insurance holding companies: Intra- group transactions.
55. PART VI
56. Art. 49 Penalties.
57. Art. 50 Insurance Rules.