reinsurance
Uses as of 23/03/2011
Definitions over time (3)
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30/01/2027 – today Article 13, Solvency II Directive Scope: Whole act
For the purposes of this Directive, the following definitions shall apply:
‘reinsurance’ means one of the following: the activity consisting in accepting risks ceded by an insurance undertaking or third-country insurance undertaking, or by another reinsurance undertaking or third-country reinsurance undertaking; the provision of cover by a reinsurance undertaking to an institution that falls within the scope of Directive (EU) 2016/2341 of the European Parliament and of the Council (^{1});
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12/01/2017 – 30/01/2027 Article 13, Solvency II Directive Scope: Whole act
For the purposes of this Directive, the following definitions shall apply:
‘reinsurance’ means one of the following: the activity consisting in accepting risks ceded by an insurance undertaking or third-country insurance undertaking, or by another reinsurance undertaking or third-country reinsurance undertaking; in the case of the association of underwriters known as Lloyd's, the activity consisting in accepting risks, ceded by any member of Lloyd's, by an insurance or reinsurance undertaking other than the association of underwriters known as Lloyd's; or the provision of cover by a reinsurance undertaking to an institution that falls within the scope of Directive (EU) 2016/2341 of the European Parliament and of the Council (^{1});
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09/12/2011 – 12/01/2017 Article 13, Solvency II Directive Scope: Whole act
For the purposes of this Directive, the following definitions shall apply:
‘reinsurance’ means either of the following: the activity consisting in accepting risks ceded by an insurance undertaking or third-country insurance undertaking, or by another reinsurance undertaking or third-country reinsurance undertaking; or in the case of the association of underwriters known as Lloyd’s, the activity consisting in accepting risks, ceded by any member of Lloyd’s, by an insurance or reinsurance undertaking other than the association of underwriters known as Lloyd’s;
Other definitions of this term in this act (1)
Each has its own scope, dates and uses. Open one to see when it applies.
Used in (0 places in 0 provisions on 23/03/2011)
No text uses this concept on 23/03/2011.