Article 165 | Solvency II Directive | Directive 2009/138/EC

Article 165 - Directive 2009/138/EC (Solvency II Directive)

Article 165

Technical provisions

Member States shall require undertakings to establish adequate technical provisions to cover the insurance and reinsurance obligations assumed in their territories calculated in accordance with Chapter VI, Section 2. Member States shall require undertakings to value assets and liabilities in accordance with Chapter VI, Section 1 and determine own funds in accordance with Chapter VI, Section 3.

TITLE I - GENERAL RULES ON THE TAKING-UP AND PURSUIT OF DIRECT INSURANCE AND REINSURANCE ACTIVITIES (Article 1-177)

CHAPTER I - Subject matter, scope and definitions (Article 1-13)

CHAPTER II - Taking-up of business (Article 14-26)

CHAPTER III - Supervisory authorities and general rules (Article 27-39)

CHAPTER IV - Conditions governing business (Article 40-72)

CHAPTER V - Pursuit of life and non-life insurance activity (Article 73-74)

CHAPTER VI - Rules relating to the valuation of assets and liabilities, technical provisions, own funds, Solvency Capital Requirement, Minimum Capital Requirement and investment rules (Article 75-135)

CHAPTER VII - Insurance and reinsurance undertakings in difficulty or in an irregular situation (Article 136-144)

CHAPTER VIII - Right of establishment and freedom to provide services (Article 145-161)

CHAPTER IX - Branches established within the community and belonging to insurance or reinsurance undertakings with head offices situated outside the community (Article 162-175)

Section 1 - Taking-up of business (Article 162-171)Article 162 - Principle of authorisation and conditions Q&AGL Article 163 - Scheme of operations of the branch GL Article 164 - Transfer of portfolio GL Article 165 - Technical provisions GL Article 166 - Solvency Capital Requirement and Minimum Capital Requirement GL Article 167 - Advantages to undertakings authorised in more than one Member State GL Article 168 - Accounting, prudential and statistical information and undertakings in difficulty GL Article 169 - Separation of non-life and life business GL Article 170 - Withdrawal of authorisation for undertakings authorised in more than one Member State GL Article 171 - Agreements with third countries GL

Section 2 - Reinsurance (Article 172-175)

CHAPTER X - Subsidiaries of insurance and reinsurance undertakings governed by the laws of a third country and acquisitions of holdings by such undertakings (Article 176-177)

TITLE II - SPECIFIC PROVISIONS FOR INSURANCE AND REINSURANCE (Article 178-211)

TITLE III - SUPERVISION OF INSURANCE AND REINSURANCE UNDERTAKINGS IN A GROUP (Article 212-266)

TITLE IV - REORGANISATION AND WINDING-UP OF INSURANCE UNDERTAKINGS (Article 267-296)

TITLE V - OTHER PROVISIONS (Article 297-304)

TITLE VI - TRANSITIONAL AND FINAL PROVISIONS (Article 305-312)

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Level 2 legal acts

Related documents

Article 165 - Directive 2009/138/EC (Solvency II Directive)

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