TITLE III

CONDITIONS GOVERNING THE BUSINESS OF REINSURANCE
CHAPTER 1

Principles and methods of financial supervision
Section 1

Competent authorities and general rules

Competent authorities and object of supervision
Article 15 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Supervision of branches established in another Member State
Article 16 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Accounting, prudential and statistical information: supervisory powers
Article 17 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Transfer of portfolio
Article 18 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Section 2

Qualifying holdings

Acquisitions
Article 19 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Assessment
Article 19a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Acquisitions by regulated financial undertakings
Article 20 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Disposals
Article 21 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Information to the competent authority by the reinsurance undertaking
Article 22 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Qualifying holdings: powers of the competent authority
Article 23 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Section 3

Professional secrecy and exchanges of information

Obligation
Article 24 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Exchange of information between competent authorities of Member States
Article 25 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Cooperation agreements with third countries
Article 26 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Use of confidential information
Article 27 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Exchange of information with other authorities
Article 28 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Transmission of information to central banks and monetary authorities
Article 29 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Disclosure of information to government administrations responsible for financial legislation
Article 30 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Section 4

Duties of auditors

Duties of auditors
Article 31 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
CHAPTER 2

Rules relating to technical provisions

Establishment of technical provisions
Article 32 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Equalisation reserves
Article 33 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Assets covering technical provisions
Article 34 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
CHAPTER 3

Rules relating to the solvency margin and to the guarantee fund
Section 1

Available solvency margin

General rule
Article 35 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Eligible items
Article 36 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Section 2

Required solvency margin

Required solvency margin for non-life reinsurance activities
Article 37 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Required solvency margin for life reassurance activities
Article 38 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Required solvency margin for a reinsurance undertaking simultaneously conducting non-life and life reinsurance
Article 39 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Section 3

Guarantee fund

Amount of the guarantee fund
Article 40 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Review of the amount of the guarantee fund
Article 41 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
CHAPTER 4

Reinsurance undertakings in difficulty or in an irregular situation and withdrawal of authorisation

Reinsurance undertakings in difficulty
Article 42 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Financial recovery plan
Article 43 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Withdrawal of authorisation
Article 44 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Repealed by Directive 2009/138/EC of the European Parliament and of the Council of 25 November 2009 on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II) (Text with EEA relevance).