TITLE I U.K. GENERAL RULES ON THE TAKING-UP AND PURSUIT OF DIRECT INSURANCE AND REINSURANCE ACTIVITIES

CHAPTER I U.K. Subject matter, scope and definitions

Section 2 U.K. Exclusions from scope

Subsection 2 U.K. Non-life

Article 8 U.K. Institutions

This Directive shall not apply to the following institutions which pursue non-life insurance activities unless their statutes or the applicable law are amended as regards capacity:

(1)

in Denmark, Falck Danmark;

(2)

in Germany, the following semi-public institutions:

(a)

Postbeamtenkrankenkasse,

(b)

Krankenversorgung der Bundesbahnbeamten;

(3)

in Ireland, the Voluntary Health Insurance Board;

(4)

in Spain, the Consorcio de Compensación de Seguros.