outsourcing

Definitions over time (1)

12/01/2017 – 30/06/2021 Article 13, Solvency II Directive Scope: Whole act

For the purposes of this Directive, the following definitions shall apply:

‘outsourcing’ means an arrangement of any form between an insurance or reinsurance undertaking and a service provider, whether a supervised entity or not, by which that service provider performs a process, a service or an activity, whether directly or by sub-outsourcing, which would otherwise be performed by the insurance or reinsurance undertaking itself;

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No text uses this concept on 12/11/2026.