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Recital 2

Recital 2

(2)The United States authorities and the Union authorities have regular dialogues to improve their mutual understanding of their insurance regulatory and supervisory regimes. It appeared from those dialogues, and from assistance provided by EIOPA, that the criteria referred to in Article 227(5) of Directive 2009/138/EC continue to be met by the solvency regime in force in the United States.

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