insurance claim

Definitions over time (1)

09/12/2011 – today applies on 12/11/2026 Article 268, Solvency II Directive Scope: Title IV

For the purpose of this Title the following definitions shall apply:

‘insurance claim’ means an amount which is owed by an insurance undertaking to insured persons, policy holders, beneficiaries or to any injured party having direct right of action against the insurance undertaking and which arises from an insurance contract or from any operation provided for in Article 2(3)(b) and (c) in direct insurance business, including an amount set aside for those persons, when some elements of the debt are not yet known.

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