2 Amendments of Othmar KARAS related to 2007/0143(COD)
Amendment 272 #
Proposal for a directive
Article 90
Article 90
In so far as authorised under national law, realisaccumulated profits appearing as surplus funds in the statutory annual accounts shall not be considered as insurance and reinsurance liabilities, to the extent that these surplus funds may be used to cover any losses which may arise and where they have not been made available for distribution to policyholders and beneficiariesthat have not been made available for distribution to policyholders and beneficiaries (surplus funds) shall not be considered as insurance and reinsurance liabilities, to the extent that they fulfil the criteria set out in Article 94(1).
Amendment 420 #
Proposal for a directive
Article 127 – paragraph 1 – point d a (new)
Article 127 – paragraph 1 – point d a (new)
(da) the calibration of the Minimum Capital Requirement shall be risk sensitive and shall ensure an appropriate interplay with the Solvency Capital Requirement in order to allow for an escalating ladder of supervisory intervention.