Article L175-12
The insurer who takes over the management of a lawsuit brought against the insured is also deemed to waive all defences of which it was aware when it took over the management of the lawsuit. The insur…
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Showing 9821–9830 of 17003 articles for “Art. 150 V”
The insurer who takes over the management of a lawsuit brought against the insured is also deemed to waive all defences of which it was aware when it took over the management of the lawsuit. The insur…
The injured third party has a direct right of action against the insurer covering the civil liability of the person liable. The insurer may not pay to a party other than the injured party all or part…
Actions arising from the insurance contract are time-barred after two years.
In the absence of fraud, the contract is valid up to the actual value of the insured items and, if approved, for the entire sum insured.
The Autorité de contrôle prudentiel et de résolution cooperates closely with the other supervisory authorities to ensure that the measures and sanctions taken against parent undertakings are effective…
I.-In the case provided for in Article L. 356-3, the Autorité de contrôle prudentiel et de résolution may decide, after consultation with the group supervisor and the ultimate parent undertaking at EU…
When acting as group supervisor, the Autorité de contrôle prudentiel et de résolution :-coordinates the collection and dissemination of useful or essential information, both in day-to-day operations a…
Insurance and reinsurance undertakings value their prudential assets and liabilities as follows: 1° Prudential assets are valued at the amount for which they could be exchanged in an arm's length tran…
I.-The Autorité de contrôle prudentiel et de résolution shall act as group supervisor within the meaning of 6° of Article L. 356-1: 1° When it is the competent supervisory authority for all insurance…
A decree of the Conseil d'Etat shall specify the conditions of application of this sub-section.
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