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Showing 7031–7040 of 66237 articles for “Art. III and IV”
The internal assessment of risk and solvency referred to in Article L. 354-2 shall cover at least: a) The overall solvency requirement, taking into account the specific risk profile, the approved risk…
The internal audit function referred to in Article L. 354-1 assesses in particular the adequacy and effectiveness of the internal control system and the other elements of the system of governance. Thi…
…tial technical provisions, to guarantee the appropriateness of the methodologies, underlying models and assumptions used to calculate prudential technical provisions, to assess the adequacy and qualit…
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.
For insurance and reinsurance undertakings which enter into limited financial reinsurance contracts or which conduct limited financial reinsurance activities referred to in Article L. 310-1-1 and Arti…
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…
I.-The key functions mentioned in Article L. 354-1 and those whose interruption, once outsourced, is likely to have a significant impact on the business of the company, on its ability to manage risks…
…e R. 354-3, undertakings shall put in place procedures which are proportionate to the nature, scale and complexity of the risks inherent in their business and which enable them to identify and assess…
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…
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