+Section 5 Treatment of contracts of branches in winding-up proceedings
---+Article 160 Winding-up of insurance undertakings
---+Article 161 Winding-up of reinsurance undertakings

Section 5 Treatment of contracts of branches in winding-up proceedings

1. Overview

Article 160 Winding-up of insurance undertakings

Article 160

Winding-up of insurance undertakings

Where an insurance undertaking is wound up, commitments arising out of contracts underwritten through a branch or under the freedom to provide services shall be met in the same way as those arising out of the other insurance contracts of that undertaking, without distinction as to nationality as far as the persons insured and the beneficiaries are concerned.

Article 161 Winding-up of reinsurance undertakings

Article 161

Winding-up of reinsurance undertakings

Where a reinsurance undertaking is wound up, commitments arising out of contracts underwritten through a branch or under the freedom to provide services shall be met in the same way as those arising out of the other reinsurance contracts of that undertaking.

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements
Source	Requirement

3. Related Standards

Standards
Source	Requirement

Builddate: 30.01.2027 00:00:00 -Doknr: CELEX:32009L0138
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