Directive 2009 138 EC of the European Parliament and of the Council of 25 November 2009 on the taking-up and pursuit of the business of Insurance and Reinsurance Solvency II recast Text with EEA relevance Publications Office of the EU
All insurance and reinsurance groups subject to group supervision should have a group supervisor appointed from among the supervisory authorities involved. The value of technical provisions should therefore correspond to the amount an insurance or reinsurance undertaking would have to pay if it transferred its contractual rights and obligations immediately to another undertaking. In the…