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Showing 511–520 of 24360 articles for “Art. 155 IV”
Insurance and reinsurance undertakings shall structure the risk management function referred to in Article L. 354-1 in such a way as to facilitate the implementation of the risk management system.
…nter into limited financial reinsurance contracts or which conduct limited financial reinsurance activities referred to in Article L. 310-1-1 and Articles L. 111-1-1 of the Code de la mutualité and L.…
Internal risk and solvency assessment is an integral part of the business strategy of insurance and reinsurance companies. These undertakings systematically take it into account in their strategic dec…
…he compliance function referred to in Article L. 354-1 is, in particular, to advise the Chief Executive Officer or the Management Board, as well as the Board of Directors or the Supervisory Board, on…
…y to have a significant impact on the business of the company, on its ability to manage risks effectively or to call into question the conditions of its authorisation, are considered to be important o…
In order to assess the overall solvency requirement referred to in Article R. 354-3, undertakings shall put in place procedures which are proportionate to the nature, scale and complexity of the risks…
Insurance and reinsurance undertakings applying the equalisation adjustment referred to in Article R. 351-4, the volatility adjustment referred to in Article R. 351-6 or the transitional measures refe…
The actuarial function requires the persons performing it to have a degree of knowledge of actuarial and financial mathematics commensurate with the nature, scale and complexity of the risks inherent…
The internal control system referred to in Article L. 354-2 includes at least administrative and accounting procedures, an internal control framework, appropriate information arrangements at all level…
Where insurance and reinsurance undertakings use external credit assessments for the calculation of prudential technical provisions and the Solvency Capital Requirement, they shall, as part of their r…
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