Reinsurance
Description
In 2000, Member States and the Commission Services agreed to start a project in order to assess the possibility of establishing a harmonised framework for reinsurance supervision in the EU. Focus was made on studying a “fast-track” approach. This approach will necessarily to a large extent have to be based on current direct insurance supervision rules.
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Media links
PDF file of the Regulatory Impact Assessment of the European Commission´s proposal
External links
European Commission staff’s recommendations for quantitative parameters
The European Commission's formal proposal (21 April 2004)