Section 2 Reinsurance

1. Overview

Summary	Regulation
Article 172 Equivalence in relation to reinsurance undertakings
Article 173 Prohibition of pledging of assets	Article 173 Prohibition of pledging of assets Member States shall not retain or introduce for the establishment of technical provisions a system with gross reserving which requires pledging of assets to cover unearned premiums and outstanding claims provisions where the reinsurer is a third-country insurance or reinsurance undertaking, situated in a country whose solvency regime is deemed to be equivalent to that laid down in this Directive in accordance with Article 172.
Article 174 Principle and conditions for conducting reinsurance activity	Article 174 Principle and conditions for conducting reinsurance activity A Member State shall not apply to third-country reinsurance undertakings taking-up or pursuing reinsurance activity in its territory provisions which result in a more favourable treatment than that granted to reinsurance undertakings which have their head office in that Member State.
Article 175 Agreements with third countries

Requirements
Source	Requirement

Standards
Source	Requirement

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