French Insurance Code
In forceIn this Code :
1° The term "sociétés de groupe d'assurance" refers to parent undertakings within the meaning of Article L. 356-1 which are not mixed financial holding companies within the meaning of Article L. 517-4 of the Monetary and Financial Code and whose main business consists of acquiring and managing holdings within the meaning of 10° of Article L. 310-3 in undertakings subject to State control pursuant to Article L. 310-1 or Article L. 310-1-1 in insurance or reinsurance undertakings whose registered office is located outside France, or in supplementary professional retirement funds set up in the form of a public limited company, or to enter into and manage strong and lasting financial relationships with mutual insurers or unions governed by Book II of the Mutual Code, mutual insurers or supplementary professional retirement unions mentioned in Article L. 214-1 of the same code, provident institutions or unions governed by Title III of Book IX of the Social Security Code, institutions for supplementary occupational retirement provision mentioned in Article L. 942-1 of the same code, mutual insurance companies, funds for supplementary occupational retirement provision constituted in the form of a mutual insurance company, or insurance or reinsurance undertakings with a mutual or cooperative form or with joint management having their registered office in a Member State of the European Union or in another State party to the Agreement on the European Economic Area. At least one of these bodies is an undertaking subject to State control pursuant to Article L. 310-1 or Article L. 310-1-1 and having its registered office in France;
2° The term "sociétés de groupe mixtes d'assurance" refers to parent undertakings within the meaning of 1° of Article L. 356-1 of at least one undertaking mentioned in Article L. 310-1 or Article L. 310-1-1, or a supplementary professional retirement fund, or a mutual insurance undertaking or union governed by Book II of the Mutual Insurance Code, or a supplementary professional retirement mutual insurance undertaking or union mentioned in Article L. 214-1 of the same Mutual Code, or a provident institution or union governed by Title III of Book IX of the Social Security Code, or an institution for supplementary occupational retirement provision mentioned in Article L. 942-1 of the Social Security Code, other than the undertakings mentioned in Article L. 310-1 or Article L. 310-1-1, supplementary occupational retirement funds, mutual insurers or unions governed by Book II of the Mutual Code, supplementary occupational retirement mutual insurers or unions referred to in Article L. 214-1 of the Mutual Code, provident institutions or unions governed by Title III of Book IX of the Social Security Code, supplementary occupational retirement institutions referred to in Article L. 942-1 of the same code, insurance or reinsurance undertakings whose registered office is located outside France, insurance group companies as defined in 1°, mutual group unions as defined in article L. 111-4-2 of the Mutual Code and social protection insurance group companies as defined in article L. 931-2-2 of the Social Security Code and mixed financial holding companies as defined in article L. 517-4 of the Monetary and Financial Code.
