BETA

5 Amendments of Piia-Noora KAUPPI related to 2007/0143(COD)

Amendment 255 #
Proposal for a directive
Article 79 – paragraph 1
Insurance and reinsurance undertakings shall segment their non-participating insurance and reinsurance obligations into homogeneous risk groups, and as a minimum by lines of business, when calculating their technical provisions.
2008/06/30
Committee: ECON
Amendment 256 #
Proposal for a directive
Article 79 – paragraph 1 a (new)
Participating insurance and reinsurance obligations should be segmented into homogenous risk groups (HRGs), at least by lines of business, if their bonus allocation rules allow mutually independent allocation.
2008/06/30
Committee: ECON
Amendment 266 #
Proposal for a directive
Article 90 – paragraph -1 (new)
Surplus funds shall be deemed to be accumulated profits, which are assigned either individually or collectively to policy holders and beneficiaries in the form of future discretionary bonuses.
2008/06/30
Committee: ECON
Amendment 278 #

Article 90 – paragraph 1
In so far as authorised under national law, realised profits appearing as surplus funds in the statutory annual accountSurplus funds 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 beneficiariesy possess the characteristics required for basic own fund items in Article 94(1).
2008/06/30
Committee: ECON
Amendment 419 #
Proposal for a directive
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.
2008/06/30
Committee: ECON