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Preamble
Recitals 44
Title I - SCOPE AND DEFINITIONS (Article 1-2) 2
Title II - THE TAKING-UP OF THE BUSINESS OF REINSURANCE AND AUTHORISATION OF THE REINSURANCE UNDERTAKING (Article 3-14) 12
Title III - CONDITIONS GOVERNING THE BUSINESS OF REINSURANCE (Article 15-44) 30
Title IV - PROVISIONS RELATING TO FINITE REINSURANCE AND SPECIAL PURPOSE VEHICLES (Article 45-46) 2
Title V - PROVISIONS RELATING TO RIGHT OF ESTABLISHMENT AND FREEDOM TO PROVIDE SERVICES (Article 47-48) 2
Title VI - REINSURANCE UNDERTAKINGS WHOSE HEAD OFFICES ARE OUTSIDE THE COMMUNITY AND CONDUCTING REINSURANCE ACTIVITIES IN THE COMMUNITY (Article 49-50) 2
Title VII - SUBSIDIARIES OF PARENT UNDERTAKINGS GOVERNED BY THE LAWS OF A THIRD COUNTRY AND ACQUISITIONS OF HOLDINGS BY SUCH PARENT UNDERTAKINGS (Article 51-52) 2
Title VIII - OTHER PROVISIONS (Article 53-56) 4
Title IX - AMENDMENTS TO EXISTING DIRECTIVES (Article 57-60) 4
Title X - TRANSITIONAL AND FINAL PROVISIONS (Article 61-66) 6
Annexes 2
- Annex I
- Annex II
Amending acts 3

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New version applies from 21/09/2007 — introduced by Directive 2007/44/EC. 114 provisions change. Later versions: 21/03/2008, 01/07/2013. Article 62 changes in this version: compare with the current text.

View as of 21/09/2007 What changes

Article 62 - Reinsurance undertakings closing their activity

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Article 62

Reinsurance undertakings closing their activity

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1. Reinsurance undertakings which by 10 December 2007 have ceased to conduct new reinsurance contracts and exclusively administer their existing portfolio in order to terminate their activity shall not be subject to this Directive.

2. Member States shall draw up the list of the reinsurance undertakings concerned and they shall communicate that list to all the other Member States.

Official text · the act as published Open full page ↗

Metadata

Not in force

↻ Amendments (1)

21/09/2007 current by Directive 2007/44/EC
10/12/2005 first version in the database