Article 257 | Solvency II Directive | Directive 2009/138/EC | judict

Updated 04/02/2025

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SII Tool Solvency II Directive (SII)

Article 257

Article 257 - Directive 2009/138/EC (Solvency II Directive)

Attention! This article was amended after the current consolidated version was issued. The amendments apply since 28/01/2025. Please consult Directive 2025/2 to review the changes made to the article.

Article 257

Administrative, management or supervisory body of insurance holding companies

Member States shall require that all persons who effectively run the insurance holding company are fit and proper to perform their duties.

Article 42 shall apply mutatis mutandis.

Table of contents

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

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)

CHAPTER I - Group supervision: definitions, cases of application, scope and levels (Article 212-217)

CHAPTER II - Financial position (Article 218-246)

CHAPTER III - Measures to facilitate group supervision (Article 247-259)Article 247 - Group Supervisor Article 248 - Rights and duties of the group supervisor and the other supervisors College of supervisors DAGL Article 249 - Cooperation and exchange of information between supervisory authorities ITSDAGL Article 250 - Consultation between supervisory authorities GL Article 251 - Requests from the group supervisor to other supervisory authorities Article 252 - Cooperation with authorities responsible for credit institutions and investment firms Article 253 - Professional secrecy and confidentiality Article 254 - Access to information Q&AGL Article 255 - Verification of information GL Article 256 - Group solvency and financial condition report ITSDAGL Article 257 - Administrative, management or supervisory body of insurance holding companies Article 258 - Enforcement measures Article 259 - Reporting of CEIOPS

CHAPTER IV - Third countries (Article 260-264)

CHAPTER V - Mixed-activity insurance holding companies (Article 265-266)

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)

ANNEX I - CLASSES OF NON-LIFE INSURANCE ANNEX II - CLASSES OF LIFE INSURANCE Q&A ANNEX III - LEGAL FORMS OF UNDERTAKINGS ANNEX IV - SOLVENCY CAPITAL REQUIREMENT (SCR) STANDARD FORMULA ANNEX V - GROUPS OF NON-LIFE INSURANCE CLASSES FOR THE PURPOSES OF ARTICLE 159 Q&A ANNEX VI ANNEX VII - CORRELATION TABLE Q&A