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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) 31
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 - Forms of reinsurance undertakings:
- Annex II - CALCULATION OF THE ADJUSTED SOLVENCY OF INSURANCE UNDERTAKINGS AND REINSURANCE UNDERTAKINGS
Amending acts 3

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New version applies from 21/03/2008 — introduced by Directive 2008/37/EC. 46 provisions change. Later versions: 01/07/2013. Recital 25 changes in this version: compare with the current text.

View as of 21/03/2008 What changes

Recital 25

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Recital 25

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(25)In the light of the similarities between life reassurance covering mortality risk and non-life reinsurance, in particular the cover of insurance risks and the duration of the life reassurance contracts, the required solvency margin for life reassurance should be determined in accordance with the provisions laid down in this Directive for the calculation of the required solvency margin for non-life reinsurance; the home Member State should however be allowed to apply the rules provided for in Directive 2002/83/EC for the establishment of the required solvency margin in respect of life reassurance activities which are linked to investment funds or participating contracts.

Official text · the act as publishedFrom the act as published (consolidated texts do not carry recitals or the preamble). Open full page ↗

Metadata

Not in force

↻ Amendments (0)

3 of the 3 later versions carry the same text as the version before (re-issued on a consolidation date); they are listed but not counted.

01/07/2013 current no text change by Council Directive 2013/23/EU
21/03/2008 no text change by Directive 2008/37/EC
21/09/2007 no text change by Directive 2007/44/EC
10/12/2005 first version in the database