(7)Whereas the competent authorities of home Member States will henceforth be responsible for monitoring the financial health of insurance undertakings, including their state of solvency, the establishment of adequate technical provisions and the covering of those provisions by matching assets;
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New version applies from 21/09/2007 — introduced by Directive 2007/44/EC.
45 provisions change.
Later versions: 21/03/2008.
Recital 7 changes in this version: compare with the current text.