Reinsurance


Overview

There is currently no harmonised framework for reinsurance supervision in the EU. Since 2001, however, the Commission Services have been working together with the Member States on a project to fill this gap in the financial services regulation. Documents from the different stages of this project are available on this page.

Directive

13.11.2006 Main conclusions of the Meeting on 13.11.2006 on the transposition of the Reinsurance Directive Markt/2502-07  PDF - 167 KBEnglish
09.12.2005 Publication of the Directive 2005/68/EC of the European Parliament and of the Council of 16 November 2005 on reinsurance and amending Council Directives 73/239/EEC, 92/49/EEC as well as Directives 98/78/EC and 2002/83/EC
17.10.2005 Approval of the Reinsurance Directive by the EU's Council of Ministers PDF - 167 KB

The full text can be found here.

7.6.2005 Approval of Reinsurance Directive will reinforce insurance markets
21.4.2004 Commission proposes a Directive to create a real EU-wide market for reinsurance
  • Press release
  • FAQ
  • Text of the Proposal, COM(2004)273
    PDF - 407- 414 KBGermanEnglishFrench
  • Extended impact assessment, SEC(2004)443
    PDF - 167 KBEnglish

Study

12.2.2002 Commission Services publish study on reinsurance supervision (ETD/2000/BS-3001/C/44)

Working papers

17.9.2003 Fast-track reinsurance supervision project - General stakeholder consultation on the draft legal text including solvency parameters MARKT/2522/03 PDF - 40 KBEnglish
15.7.2003 Fast-track reinsurance supervision project - Commission Services working document for consultation MARKT/2531/02 Rev. 3 PDF - 108-417 KBCastellanoDanskDeutschEllinikaEnglishFrançaisItalianoPortuguêsSuomiSvenska
2.7.2003 Fast-track Reinsurance Supervision project MARKT/2513/03 PDF - 69 KBEnglish
May 2003 Note to the members of the IC Reinsurance Subcommittee for the meeting of 11 June 2003 MARKT/2524/03 PDF - 22 KBEnglish
28.5.2003 Fast-track reinsurance supervision project - Tentative staff recommendations
for quantitative parameters and related issues
MARKT/2523/03 PDF - 57-64 KBEnglish
28.5.2003 Draft working document: Proposal for a Directive of the European Parliament
and of the Council on reinsurance
MARKT/2531/02 Rev.2 PDF - 57-64 KBEnglish
April 2003 Towards a fast-track EU reinsurance supervision regime - Preparation of a text of a draft proposal for a Directive of the European Parliament and of the Council on reinsurance Note to IC subcommittee PDF - 57-64 KBGermanEnglishFrench
4.3.2003 Draft working document: Proposal for a Directive concerning reinsurance  MARKT/2531/02 Rev. 1 PDF - 627 KBEnglish
8.10.2002 Towards a fast-track EU reinsurance supervision regime
1) Status of the project and 2) Preparation of draft legal provisions - Discussion Paper
MARKT/2530/02 PDF - 57-64 KBGermanEnglishFrench
2.10.2002 Draft working document: Proposal for a Directive concerning reinsurance and retrocession  MARKT/2531/02 PDF - 627 KBEnglish
2.5.2002 Fast-track Reinsurance Supervision project - Conclusion of discussions in the IC and future steps   PDF - 25 KBEnglish
1.2.2002 Considerations concerning the general form of a fast-track EU Reinsurance Supervision regime   PDF - 59-353 KBDanishGermanGreekEnglishFrenchItalianDutchPortugueseSchwedish
19.11.2001 Investment rules for assets covering technical provisions in reinsurance in reinsurance undertakings MARKT/2099/01 PDF - 52 KBEnglish
19.11.2001 The establishment of technical provisions in insurance and reinsurance - a comparative study MARKT/2088/01 PDF - 70-77 KBEnglishFrench
19.11.2001 Discussion based on the KPMG report chapter 6 "The rationale with regard to supervisory parameters" and chapter 7 "The arguments for and against reinsurance supervisions and a broad cost-benefit analysis" MARKT/2087/01 PDF - 25-28 KBGermanEnglishFrench
19.11.2001 Reinsurance Supervision project - Status of working programme and future steps, reactions and comments, tentative time schedule MARKT/2086/01 PDF - 39 KBEnglish
5.6.2001 Approaches to Reinsurance Supervision - Follow-up and structure of Work Programme MARKT/2042/01 PDF - 94-107 KBGermanEnglishFrench
10.4.2001 Considerations concerning “licensing” and “passport” systems of reinsurance supervision MARKT/2036/01 PDF - 30-33 KBSpanishGermanEnglishFrenchItalian
14.2.2000 Approaches to Reinsurance Supervision MARKT/2132/00 Rev. 1 PDF - 86-106 KBSpanishGermanEnglishFrenchItalian

Last update: 17-04-2012