(22)The supervision of reinsurance activity should take account of the special characteristics of reinsurance business, notably its global nature and the fact that the policy holders are themselves insurance or reinsurance undertakings.
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New version applies from 23/05/2014 — introduced by Directive 2014/51/EU.
239 provisions change.
Later versions: 31/03/2015, 12/01/2017, 09/07/2018, 13/01/2019, 30/06/2021, 19/10/2021, 09/01/2024, 17/01/2025, 30/01/2027.
Recital 22 changes in this version: compare with the current text.