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Showing 1261–1270 of 25519 articles for “Art. IV bis”
…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…
Where an internal model is used, the internal risk and solvency assessment reconciles the internal risk measures with the required solvency capital.
As regards investment risk, insurance and reinsurance undertakings must be able to demonstrate that they comply with the provisions of Chapter III of this Title.
…rts on this analysis. The main purpose of the risk management function is to inform the Chief Executive Officer or the Executive Board of the performance of the internal model and to suggest improveme…
Where the Autorité de contrôle has required an insurance or reinsurance undertaking to submit a recovery plan in accordance with Article L. 612-32 of the Monetary and Financial Code , and that underta…
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