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Showing 1251–1260 of 25519 articles for “Art. IV bis”
…ures needed to identify, measure, monitor, manage and report, on an ongoing basis, the risks, at individual and aggregate levels, to which undertakings are or could be exposed, as well as the interdep…
…t change affecting the system or the area concerned. For each of the attributions of the administrative, management and supervisory body provided for in Commission Delegated Regulation (EU) No 2015/35…
…s asset and liability management, insurance and reinsurance undertakings regularly assess the sensitivity of their prudential technical provisions and own funds to the assumptions underlying the extra…
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…
…ternal 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. This func…
…ll underwriting policy and on the adequacy of reinsurance arrangements. It contributes to the effective implementation of the risk management system referred to in article L. 354-2, in particular with…
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…
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