commiss decis decemb relat proceed articl eec treati iv fire insur german text authent eec commiss european commun regard treati establish european econom commun regard council regul februari regul implement articl eec treati amend act access greec articl thereof regard applic neg clearanc exempt file pursuant articl regul septemb verband der sachversicher ev cologn feder republ germani decid septemb initi proceed case verband der sachversicher ev opportun repli object rais accord articl regul commiss regul eec juli hear provid articl council regul consult advisori committe restrict practic domin posit fact septemb verband der sachversicher ev cologn associ properti insur quot vd quot precautionari measur file applic neg clearanc exempt pursuant articl regul thing quot prämienempfehlung zur stabilisierung und sanierung de geschäft der industriellen feuer und betriebsunterbrechungsversicherung quot premium recommend establish stabl viabl condit industri fire consequenti loss insur busi issu june annex structur market undertak involv class insur cover industri fire risk consequenti loss due disrupt busi activ common market split market territori member state premium rate vari consider import reason continu nation regul insur market progress made integr plai kei role number member state situat chang restrict freedom establish direct life insur remov council direct juli oj confirm european court justic time van binsbergen case decemb freedom commun undertak provid servic member state need establish practic result busi industri fire consequenti loss insur carri common market insur compani head offic fire insur busi countri establish branch offic local subsidiari member state commun countri feder republ germani commun fire insur head offic member state transact industri fire insur busi german oj oj branch offic separ legal person treat german compani versicherungsaufsichtsgesetz insur supervis act commun fire insur member vd hold small share market put latest figur annual gross premium incom altogeth domest foreign fire insur provid industri fire consequenti loss insur germani oper independ supplier market suppli capac lead sole insur smaller transact major part busi insur condit premium rate negoti lead insur particip insur accept forgo busi commun fire insur member state repres germani branch offic separ legal person depend practic transact bulk industri fire consequenti loss insur busi insur german lead insur negoti condit premium rate insur contract conclud larg hand german insur annual gross premium incom earn feder republ germani industri fire consequenti loss insur contract respect german risk situat germani amount dm million figur insur compani largest market share account largest compani account feder republ form market separ rest common market reinsur industri fire consequenti loss insur busi concern reinsur legal liber germani member state accord council direct februari abolit restrict freedom establish freedom provid servic respect reinsur retrocess oj foreign reinsur indirectli supervis german supervisori author monitor reinsur arrang primari insur directli supervis regulatori author misgiv reinsur financi capac ground direct insur reduc proport risk cede reinsur termin contract degre featur previou domest market retain reinsur explain strong posit german reinsur germani domest foreign compani involv reinsur germani consist special reinsur write reinsur busi exclus direct insur addit direct busi estim volum reinsur busi gross premium incom includ incident payment transact respect german industri fire consequenti loss risk rang dm million dm million year figur dm million dm million put forward conserv market estim dm million inform obtain commiss german special reinsur carri class insur hold third market german special reinsur collect occupi extrem strong posit insur industri fire consequenti loss risk situat germani true spite fact face competit foreign reinsur activ competit common german reinsur includ special transact direct insur point multipl busi link german special reinsur result regular cooper reinsur proport risk reciproc reinsur retrocess time act concert vi vi busi partner direct insur matter vital import background content premium recommend market industri fire consequenti loss insur subject cyclic fluctuat loss experi premium germani loss ratio loss premium incom busi rose averag premium rate hand fell industri fire insur sharpli period consequenti loss insur year prior implement recommend germani combin ratio loss expens premium invari exceed premium incom year recommend issu loss ratio industri fire consequenti loss insur record year ratio fell vd rose similar declin perform class insur major industri countri unit state main reason insur compani respond rais premium rate compani invest incom boost high interest rate enabl offset underwrit loss quot cash flow underwrit quot fire insur composit sister compani involv class commerci insur attempt win substanti busi class charg commerci client cost premium fire insur incent busi custom suffici profit basi preliminari work committe expert industri fire insur associ german properti insur vd fire insur oper germani belong wrote feder supervisori offic insur feder cartel offic notifi accord paragraph german act restraint competit plan quot bind recommend measur establish stabl viabl condit industri fire insur consequenti loss insur busi quot annex section iv recommend effect june remaind august vd claim member compli recommend wish recommend distinguish measur stabil exist busi section measur put exist busi back econom foot section ii iii involv increas premium contract size shortli come renew polici come renew decemb decemb give cover dm million premium rais polici claim ratio claim premium paid preced year increas polici come renew decemb decemb give cover dm million premium increas polici claim ratio preced insur year increas premium polici come renew decemb brought line premium guidelin applic effect date quot tarif quot quot quot part recommend supersed tariff notifi vd member circular date june effect januari tariff notifi commiss recommend septemb cover present proceed german reinsur compani natur interest charg econom premium rate primari insur decid vd behest back recommend includ reinsur treati januari special prämienberechnungsklausel premium calcul claus annex claus approv german supervisori author risk rate line recommend event claim treat insur reinsur contribut reduc reinsur told commiss includ claus reinsur treati german insur foreign insur insur german risk branch offic vd recommend discuss commiss vd repres brussel februari discuss centr recommend practic insur compani concern notifi commiss articl regul year earlier februari commiss offici met repres vd cologn advis wise notifi exist futur premium recommend guidelin caught articl meet brussel februari gesamtverband der deutschen versicherungswirtschaft ev gener associ german insur industri act behalf vd wrote commiss februari reject argument applic articl associ refer letter director gener competit secretari gener comité européen de assur cea juli annex publish statement fifteenth annual report annex proceed vd consist maintain posit entitl issu recommend june articl commiss obtain inform number commun insur applic recommend case compani concern refus give inform commiss decemb decis requir give reason possibl recommend result concert practic vd member constitut infring articl decis appeal publish offici journal european commun oj commiss ask vd detail figur base calcul member averag expens vd tabl member expens ratio compil survei annex point calcul requir premium rate includ administr cost commiss fire protect tax profit applic articl eec treati articl eec treati prohibit incompat common market agreement undertak decis associ undertak concert practic affect trade member state object effect prevent restrict distort competit common market commiss held decis march case insur sector case iv nuovo cegam oj agreement decis concert practic refer articl relat good servic articl appli insur industri vd associ undertak mean articl legal capac prohibit take decis restrict competit kind refer june recommend adopt compet bodi vd rule duli brought execut notic member offici statement associ polici spite fact titl recommend describ quot bind quot recommend natur quot decis quot associ undertak mean articl suffici purpos recommend brought notic member statement associ polici provid issu accord rule recommend object restrict competit industri fire consequenti loss insur common market conclus invalid fact recommend relat risk situat germani competit quot common market quot involv demand good servic insur risk situat germani concentr member state intent restrict competit clear word recommend call increas premium rate circumst irrelev purpos articl clear word object recommend achiev suffici vd decis made accord german file requir wide public object appreci restrict competit born mind vd membership includ insur involv industri fire insur germani restrict competit significantli reinforc inclus german reinsur special quot premium calcul claus quot paragraph reinsur treati januari back recommend view support strong market posit german special reinsur discuss paragraph strong market posit explain german reinsur adopt practic uniform introduct quot premium calcul claus quot januari support compani engag reinsur market fear perman loss market share account strong market posit german special reinsur uniformli introduc special quot premium calcul claus quot reinsur treati januari exert pressur primari insur compli anti competit recommend issu vd appli insur formal distanc associ decis issu recommend busi reason interest abid practic restrict competit intend vd recommend reinforc conduct reinsur justifi ground vd decis issu recommend reinsur decis appli quot premium calcul claus quot duli file german supervisori author infring eec competit rule vindic simpli nation author reason make sens point view nation interest sanction tacitli approv conduct undertak involv argument commiss oblig eec treati regul articl administ competit rule close constant liaison compet author member state alter conclus commiss true endeavour interpret enforc competit rule avoid situat aris econom polici decis nation author frustrat valid reason present case clear breach bind principl eec competit law settl case law european court justic event conflict eec law prevail likelihood recommend affect trade member state deriv fact address commun fire insur member vd head offic germani irrelev commun fire insur concern transact busi germani lead sole insur insur case direct addresse recommend directli subject effect case recommend indirectli affect profit cross frontier insur busi incent commun insur particip busi influenc german lead insur larg decis appli recommend increas premium renew polici appli commun fire insur head offic germani transact german busi predominantli insur belong vd commun fire insur busi feder republ germani head offic take part trade cross frontier exchang good servic member state fact alter rule establish foreign insur compani german insur supervis act commiss case believ inconsist freedom provid servic articl eec treati challeng court justic case rule eec insur oper feder republ germani case govern council insur direct repres branch offic separ legal person german legisl entitl treat branch independ domest undertak make separ legal entiti establish feder republ purpos articl seq object valid servic form essenc insur activ assumpt risk provid feder republ germani true insur contract sign countri insur repres underwrit author foreign insur provid countri financi guarante observ contractu oblig claim paid foreign insur financi resourc countri crucial fact remain insur contract accept risk return payment insur premium aris sole benefit oj detriment foreign insur repres countri point view competit branch offic extend arm foreign insur respect signific occas investig branch offic initi repli request inform state refer head offic abroad subsidiari branch offic depend goodwil foreign insur set branch offic frequent requir arrang insur cover local subsidiari foreign compani insur branch owner intern insur agreement manag foreign insur compani lai polici branch offic profit made oper eventu accru foreign insur event persist loss foreign insur replenish branch offic local financ resourc abroad lastli importantli nation public law insur supervis prevent foreign insur deriv civil right oblig insur contract arrang branch offic view factor contriv argu insur compani branch offic commun countri part cross frontier exchang servic countri countri head offic recommend issu vd affect trade member state appreci share german market held eec insur small gross premium incom appreci effect trade member state restrict competit appli virtual inter state trade good servic concern found absenc restrict develop forese futur fact result busi legal environ affect volum inter state trade small amount inter state trade found expect present case measur seek reduc competit trade exist appreci effect permiss share german market held commun fire insur belong vd circumst relev market share account entir extent cross frontier provis industri fire insur member state feder republ germani actual prospect signific number competitor base commun countri enter market forese futur vd premium recommend conjunct german reinsur introduct quot premium calcul claus quot effect help isol nation market hinder integr common market sought eec treati connect made clear pressur exert german reinsur introduct quot premium calcul claus quot affect commun fire insur busi feder republ germani base state paragraph virtual insur write bulk industri fire consequenti loss busi insur german lead insur circumst affect applic quot premium calcul claus quot arrang reinsur foreign reinsur countri german reinsur insist claus treati paragraph reinsur treati includ german quot premium calcul claus quot bound feel restrict effect german lead insur case place reinsur german special reinsur view strong posit held german reinsur market circumst likelihood isol nation market aros fact commun insur insur major risk depend cooper german lead insur prevent relationship german lead insur offer cheaper premium rate german competitor order strengthen posit market freedom provid servic member state establish commiss maintain exist case paragraph larg eec insur compani member state act lead insur offer rate germani practic act lead insur stringent requir insur direct paragraph subject restrict establish rule german insur supervis act enforc applic articl eec treati articl provis articl declar inapplic case agreement categori agreement undertak decis categori decis associ undertak concert practic categori concert practic contribut improv product distribut good promot technic econom progress allow consum fair share result benefit impos undertak concern restrict indispens attain object afford undertak possibl elimin competit respect substanti part product question sentenc articl regul commiss decis applic articl agreement decis concert practic question notifi vd releas notif requir articl regul agreement decis concert pratic parti undertak member state relat import export member state dispens notif recommend issu decis associ undertak commun fire insur head offic member state belong decis meet condit articl irrelev commun insur conduct busi feder republ germani local branch offic section paragraph exempt articl grant respect period septemb recommend notifi condit met recommend contribut improv servic provid fire insur main argument adduc vd loss statist individu compani possess fall long short need proper rate risk correct follow decis associ recommend premium increas necessarili improv servic provid insur industri suffici prove premium level held quot excess quot competit financi constraint insur urgent need increas revenu commerci constraint sort common industri recess justifi restrict competit valid object argu purpos insur relev statutori provis requir insur time capabl meet oblig aris insur contract keep class busi separ adequ safeguard polici holder commerci malpractic insur behav irrespons need extent polici holder posit choos financi sound undertak provid insur cover collect increas premium mean improv insur servic justifi exemt competit rule articl court justic held grundig consten join case ecr measur benefici effect activ undertak involv regard improv econom process mean articl danger competit flow measur weigh improv lead measur bring appreci object advantag offset disadvantag competit test met recommend issu vd call board increas premium level recommend regard accept cooper insur collect analyz loss statist translat result practic guidanc write polici recommend exceed bound accept cooper fact board increas fail account cost revenu situat individu insur increas base gross premium premium individu cost revenu situat provid board supplement expens profit percentag statist determin claim includ conting comparison expens compon appli vd set gross premium end paragraph expens ratio annex base survei conduct vd ampli demonstr mark differ level expens compani reflect compani tariff vari tariff base collect ascertain loss experi individu calcul expens class properti insur reason fire insur focu cooper loss experi individu insur undertak endang capac time meet claim aris insur busi fail make respons provis expens spite deterior profit power intervent supervisori author suffici remedi situat intervent lesser evil compar system ineffici insur afloat public interest whilst effici earn inflat profit take account invest incom applic articl regul reason set section commiss oblig find vd recommend infring articl present recommend appar effect june decemb paragraph view legal view persist vd proceed reason doubt associ futur issu similar recommend made clear conduct object incompat articl permiss limit articl cooper insur undertak field notif refer adopt decis articl recommend issu verband der sachversicher ev establish stabl viabl condit industri fire consequenti loss insur busi june constitut infring articl treati establish european econom commun articl applic neg clearanc articl regul exempt articl eec treati recommend refer articl refus articl decis address verband der sachversicher ev cologn feder republ germani riehler straße brussel decemb commiss fran andriessen member commiss annex bind recommend establish stabl viabl condit industri fire consequenti loss insur busi quot unverbindlich empfehlung zur stabilisierung und sanierung de fi und fbu geschäft quot june stabil exist busi case contract quot principl quot applic premium rate receiv chang account object rate characterist multi year contract conclud exist contract extend multi year basi point iv quot principl quot ii restor exist busi econom foot contract termin decemb decemb sum insur dm million premium rate receiv increas contract shown claim ratio claim premium receiv insur year increas contract conclud maximum term year contract termin decemb decemb sum insur dm million premium rate receiv increas contract shown claim ratio claim premium receiv insur year increas contract renew year contract termin decemb brought line premium rate current premium guidelin paragraph appli contract rate accord recommend rate committe contract continu refer rate committe addit insur provid premium rate receiv main contract iii purpos adjust premium provid recommend multi year contract cancel claim year exce annual premium claim ratio claim premium receiv exceed insur year iv provid section iii quot principl quot relev explanatori circular quot gr rundschreiben quot appli appli busi point iii quot principl quot busi sum insur exce dm million refer rate committe particular contract point iv quot principl quot enquiri investig procedur point viii quot principl quot exchang inform manag point quot principl quot insur lead insur inform particip insur intend measur secur agreement case doubt recommend interpret jeopard goal establish stabl viabl condit grundsätz für die tariffierung der industriellen und großgewerblichen feuer und fbu risiken principl rate industri larg scale commerci fire consequenti loss insur risk amend februari annex premium calcul claus quot prämienberechnungsklausel quot cede insur transact industri fire consequenti loss insur cover reinsur contract includ facult busi respect risk situat germani accord quot premium guidelin industri fire consequenti loss insur quot quot bind recommend establish stabl viabl condit industri fire consequenti loss insur busi quot issu verband der sachversicher forc relev time reinsur check paragraph observ loss occur fire consequenti loss insur polici polici amount dm million agreement set paragraph depart reinsur treat rate insur correspondingli reduc contribut claim maximum extra share loss born cede insur obligatori insur treati limit simpl amount retent cession question addit loss layer reinsur case doubt level premium charg accord agreement paragraph matter refer arbitr rate committe vd implement provis negoti reinsur treati renew januari year annex translat origin french european econom commun commiss director gener competit mr favr secretari gener dear sir letter mr von der groeben regul brought attent subject subsequ examin entir matter applic competit rule insur sector question put letter call answer agreement conclud insur undertak view pool statist experi feel recogn agreement gener object restrict distort prevent competit commun gener dissemin statist data lead accept uniform tariff view agreement indirectli object restrict competit insur undertak parti dispens notif articl regul dispens grant sole parti agreement undertak member state agreement relat import export member state insur field supervisori rule gener requir foreign undertak wish busi territori member state constitut compani govern nation law appoint repres nation countri insur busi carri appear territori countri insur undertak rank nation permit applic articl regul complimentari end director gener competit verloren van themaat annex extract annual report gesamtverband der deutschen versicherungswirtschaft gener associ german insur industri resid statu branch offic foreign compani treatment branch offic foreign compani quot resid quot purpos articl regul appear question annual report reproduc commiss statement branch offic resid statu applic articl regul assum agreement member state depriv statu lose dispens notif resid branch offic foreign compani parti consider limit approach case establish form compani special incorpor countri concern legal independ subsidiari appli commonest situat germani appoint repres underwrit author sole reason contractu consider repres act account foreign undertak repres deriv right oblig agreement enter result pure nation agreement futur rank quot agreement undertak member state quot notifi assess ignor econom realiti agreement pure nation agreement foreign undertak parti respect nation territori parti repres engag busi germani directli condit branch offic germani requir high degre legal financi independ distinct subsidiari branch offic run repres underwrit author particip agreement annual report annex expens ratio survei includ fire protect tax gt pic file quot quot gt