IN in case it is an insurance undertaking

IN in case it is an insurance undertaking

corporate issuer that is not considered a financial institution or an insurance undertaking.

Corporate issuer that is not considered a financial institution or an insurance undertaking

do not identify the insurance undertakings concerned or any insured party

The CTIP also refers to the obligation for insurance undertakings within the European Union to set aside a solvency margin.

It is also a major concern for insurance undertakings as it constitutes an important part of non-life insurance business in the Community.

as regards third-country treatment of insurance and reinsurance undertakings as described in Article 177, the following shall apply

Member States shall allow their supervisory authorities to apply other methods which ensure appropriate supervision of the insurance and reinsurance undertakings in a group.

Some insurance undertakings insert into insurance policies clauses to the effect that the contract will be cancelled if the vehicle remains outside the Member State of registration for longer than a specified period.