Identification and notification of deteriorating financial conditions by the insurance and reinsurance undertaking

Path: TITLE I > CHAPTER VII

Article number: 136

Insurance and reinsurance undertakings shall have procedures in place to identify deteriorating financial conditions and shall immediately notify the supervisory authorities when such deterioration occurs.

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EIOPA answered Q&As:

Question ID: 1821
Question ID: 1820

Metadata

RULEBOOK TOPIC: CHAPTER VII - Insurance and reinsurance undertakings in difficulty or in an irregular situation Article 136 to 144

RULEBOOK CATEGORY: DIRECTIVE 138/2009/EC (SOLVENCY II DIRECTIVE)

Last update on: 03 May 2021