11
Separation of Long-Term Business and General Business
11.1
- (1) A third country insurance undertaking that has a composite third country branch must fulfil the requirements laid down in Composites 2 and 3, as modified by 11.2.
- (2) [deleted.]
- 31/12/2024
11.2
- (1) The requirements referred to in 11.1 must be fulfilled taking account only of the operations effected by the third country branch.
- (2) [Deleted]
- (3) [Deleted]
- (4) The reference to ‘technical provisions’ in Composites 3.3 is to be interpreted as a reference to the provisions in 6.1.
- 31/12/2024