captive reinsurance undertaking

Definitions over time (1)

  1. 10/12/2005 – 21/09/2007 Article 2, Directive 2005/68/EC Scope: Whole act

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

    ‘captive reinsurance undertaking’ means a reinsurance undertaking owned either by a financial undertaking other than an insurance or a reinsurance undertaking or a group of insurance or reinsurance undertakings to which Directive 98/78/EC applies, or by a non-financial undertaking, the purpose of which is to provide reinsurance cover exclusively for the risks of the undertaking or undertakings to which it belongs or of an undertaking or undertakings of the group of which the captive reinsurance undertaking is a member;

Other definitions of this term in this act (1)

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Used in (0 places in 0 provisions on 12/11/2026)

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

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