council direct june coordin law regul administr provis relat direct insur life assur lai provis facilit effect exercis freedom provid servic amend direct eec eec council european commun regard treati establish european econom commun articl thereof regard propos commiss cooper european parliament regard opinion econom social committe develop intern insur market achiev object desir make easier insur undertak head offic commun provid servic member state make polici holder recours insur establish countri insur head offic commun establish member state pursuant treati discrimin regard freedom provid servic base fact undertak establish member state servic provid prohibit end transit period prohibit appli servic provid establish commun head offic undertak agenc branch practic reason desir defin provis servic take account insur establish place risk situat definit situat risk adopt desir distinguish activ pursu establish activ pursu freedom provid servic desir supplement council direct eec juli coordin law regul administr provis relat take pursuit busi direct insur life assur hereinaft refer direct amend direct eec order clarifi power mean supervis vest supervisori author desir lai specif provis take pursuit supervis activ freedom provid servic polici holder virtu statu size natur risk insur requir special protect state risk situat grant complet freedom avail widest insur market desir guarante polici holder adequ protect concern protect polici holder avoid disturb competit justifi coordin relax match asset rule provid direct provis forc member state insur contract law continu differ freedom choos law applic contract law state risk situat grant case accord rule take account specif circumst scope direct includ compulsori insur requir contract cover insur conform specif provis relat insur provid member state impos insur oblig provis direct transfer portfolio reinforc supplement provis specif cover transfer portfolio contract conclud provis servic undertak scope provis specif freedom provid servic exclud risk applic provis render inappropri stage specif rule adopt member state author ow natur social implic provis exclus examin direct forc period interest protect polici holder member state present stage coordin allow option limit simultan pursuit activ freedom provid servic activ establish limit provid polici holder requir protect take pursuit freedom provid servic subject procedur guarante insur undertak complianc provis financi guarante condit insur procedur relax case activ provis servic cover polici holder virtu statu size natur risk insur requir special protect state risk situat initi special cooper regard freedom provid servic compet supervisori author member state author commiss provis made system penalti appli undertak provid servic fail compli provis member state provis servic pend futur coordin technic reserv subject rule supervis member state provis servic provis servic involv risk respect state receiv servic wish provid special protect polici holder concern protect polici holder unjustifi technic reserv continu subject rule supervis member state insur establish member state subject insur transact form indirect taxat major appli special tax form contribut includ surcharg intend compens bodi structur rate tax contribut vari consider member state appli desir avoid situat exist differ lead disturb competit insur servic member state pend futur harmon applic tax system form contribut provid member state risk situat remedi mischief member state establish method ensur tax contribut collect desir prevent uncoordin applic direct council direct eec coordin law regul administr provis relat commun insur lead exist system member state criteria defin larg risk direct defin risk cover commun insur arrang desir account mean articl treati extent effort made economi show differ develop desir grant member state transit arrang gradual applic specif provis direct relat freedom provid servic adopt direct titl gener provis articl object direct supplement direct eec lai special provis relat freedom provid servic undertak respect class insur cover direct articl purpos direct direct mean direct eec undertak purpos appli titl ii mean undertak receiv offici author articl direct purpos appli titl iii titl mean undertak receiv offici author articl direct establish mean head offic agenc branch undertak account articl member state risk situat mean member state properti situat insur relat build build content content cover insur polici member state registr insur relat vehicl type member state polici holder polici case polici durat month cover travel holidai risk class concern member state polici holder habitu resid polici holder legal person member state establish contract relat situat case explicitli cover forego indent member state establish mean member state establish cover risk situat member state provis servic mean member state risk situat cover establish situat member state articl purpos direct direct perman presenc undertak territori member state treat agenc branch presenc form branch agenc consist offic manag undertak staff person independ perman author act undertak agenc articl purpos direct direct gener special polici condit includ specif condit intend meet individu case circumst risk cover titl ii provis supplementari direct articl ad articl direct quot larg risk mean ii risk classifi class point annex ii risk classifi class point annex polici holder engag profession industri commerci activ liber profess risk relat activ iii risk classifi class point annex polici holder exce limit criteria stage decemb balanc sheet total million ecu net turnov million ecu averag number employe financi year stage januari balanc sheet total million ecu net turnov million ecu averag number employe financi year polici holder belong group undertak consolid account mean direct eec drawn criteria mention appli basi consolid account member state add categori mention iii risk insur profession associ joint ventur temporari group articl purpos appli subparagraph articl articl direct member state compli annex direct match rule articl law applic contract insur refer direct cover risk situat member state determin accord provis polici holder habitu resid central administr territori member state risk situat law applic insur contract law member state law member state parti choos law countri polici holder habitu resid central administr member state risk situat parti contract insur choos appli law member state risk situat law countri polici holder habitu resid central administr polici holder pursu commerci industri activ liber profess contract cover risk relat activ situat member state freedom choic law applic contract extend law member state countri polici holder habitu resid central administr notwithstand subparagraph member state refer subparagraph grant greater freedom choic law applic contract parti advantag freedom notwithstand subparagraph risk cover contract limit event occur member state member state risk situat defin articl parti choos law state risk refer articl direct parti contract choos law fact case refer subparagraph parti chosen law element relev situat time choic connect member state prejudic applic mandatori rule law member state mean rule law member state derog mean contract choic refer preced subparagraph express demonstr reason certainti term contract circumst case choic made contract govern law countri consid relev subparagraph close connect sever part contract closer connect countri consid relev subparagraph except govern law countri contract rebutt presum close connect member state risk situat state includ territori unit rule law contractu oblig unit consid countri purpos identifi law applic direct member state territori unit rule law contractu oblig bound appli provis direct conflict aris law unit articl restrict applic rule law forum situat mandatori irrespect law applic contract law member state stipul mandatori rule law member state risk situat member state impos oblig insur appli law state rule appli law applic contract contract cover risk situat member state contract consid purpos appli paragraph constitut contract relat member state subject preced paragraph member state appli insur contract refer direct gener rule privat intern law contractu oblig articl condit set articl insur undertak offer conclud compulsori insur contract accord rule direct direct member state impos oblig insur contract satisfi oblig accord specif provis relat insur laid member state case compulsori insur law member state risk situat law member state impos oblig insur contradict prevail subject subparagraph paragraph subparagraph articl appli insur contract cover member state impos oblig insur member state date notif direct requir undertak establish territori obtain approv gener special condit compulsori insur derog articl requir condit approv case insur undertak offer cover territori condit provid articl member state derog articl lai law applic compulsori insur contract law state impos oblig insur member state impos compulsori insur insur notifi compet author cessat cover cessat invok injur parti circumst laid legisl state member state commun commiss risk insur compulsori legisl state specif legal provis relat insur particular certif insur issu insur person state requir proof oblig insur compli member state requir particular includ declar insur effect contract compli specif provis relat insur commiss publish particular refer subparagraph offici journal european commun member state accept proof insur oblig fulfil certif content conform indent subparagraph articl subparagraph articl subparagraph articl direct replac inform refer gener special condit scale premium requir case risk refer articl articl articl direct replac coordin prevent member state maintain introduc law regul administr provis necess manag director technic qualifi approv articl associ gener special condit insur polici scale premium document normal exercis supervis regard risk referr articl member state lai provis requir approv systemat notif gener special polici condit scale premium form print document undertak intend deal polici holder requir systemat notif condit document purpos verifi complianc law regul administr provis respect risk requir constitut prior condit undertak carri activ regard risk refer articl member state retain introduc prior notif approv propos increas premium rate part gener price control system coordin prevent member state subject undertak request obtain author class point annex check direct indirect resourc staff equip includ qualif medic team qualiti equip undertak meet commit aris class insur articl paragraph ad articl direct member state step ensur author respons supervis insur undertak power mean supervis activ insur undertak establish territori includ activ engag territori accord council direct govern activ purpos implement power mean enabl supervisori author make detail inquiri undertak situat busi inter alia gather inform requir submiss document insur busi carri spot investig undertak premis measur regard undertak ensur activ undertak remain conform law regul administr provis undertak compli member state scheme oper remain mandatori prevent remov irregular prejudici interest polici holder ensur measur requir supervisori author carri enforc judici channel member state make provis supervisori author obtain inform contract held intermediari articl articl direct delet member state condit laid nation law author undertak establish territori transfer part portfolio contract state state risk situat accept offic establish member state supervisori author member state head offic accept offic locat certifi possess margin solvenc take transfer account member state condit laid nation law author undertak establish territori transfer part portfolio contract conclud circumst refer articl accept offic establish member state provis servic supervisori author member state head offic accept offic locat certifi possess margin solvenc take transfer account member state condit laid nation law author undertak establish territori transfer part portfolio contract conclud circumst refer articl accept offic establish member state supervisori author member state head offic accept offic locat certifi accept offic possess margin solvenc take transfer account fulfil condit articl member state provis servic case refer paragraph supervisori author member state transfer undertak establish author transfer obtain agreement supervisori author member state provis servic member state condit laid nation law author undertak establish territori transfer part portfolio contract accept offic establish member state member state provis servic ensur condit fulfil supervisori author member state head offic accept offic locat certifi possess margin solvenc take transfer account member state accept offic establish agre accept offic fulfil condit articl member state provis servic law member state possibl transfer member state agre transfer transfer author accord articl publish condit laid nation law member state risk situat transfer automat valid polici holder insur person person right oblig aris contract transfer provis affect member state provid polici holder option cancel contract period transfer titl iii provis peculiar freedom provid servic articl titl appli undertak establish situat member state cover risk situat mean articl member state member state provis servic purpos titl titl appli transact undertak institut direct appli risk cover institut public law refer articl direct titl appli insur contract cover risk classifi number point annex direct accid work includ carrier liabil motorboat boat member state concern make subject arrang land motor vehicl time notif direct nuclear civil liabil pharmaceut product liabil no compulsori insur build work exclus examin council juli pend coordin refer articl direct feder republ germani retain prohibit simultan undertak territori arrang provis servic health insur class articl member state legisl provid undertak establish member state cover state provis servic larg risk defin articl direct risk defin articl direct come class establish author articl undertak intend provid servic inform compet author head offic member state member state establish concern indic member state member state territori contempl provid servic natur risk propos cover author requir provis inform proof refer articl direct articl subject provis articl member state territori undertak intend provid servic make access activ subject administr author end requir undertak produc certif issu compet author head offic member state attest possess activ minimum solvenc margin calcul accord articl direct author accord articl direct enabl undertak oper member state establish produc certif issu compet author member state establish indic class undertak author practis attest author object undertak provid servic submit scheme oper particular natur risk undertak propos cover member state provis servic gener special condit insur polici propos premium rate undertak envisag appli class busi form print document intend deal polici holder requir establish undertak compet author member state provis servic requir particular refer paragraph suppli offici languag state compet author member state provis servic period month receipt document refer paragraph grant refus author basi complianc complianc particular scheme oper submit undertak law regul administr provis applic state compet author member state provis servic decis end period refer paragraph author deem refus decis refus author refus certif refer paragraph accompani precis ground commun undertak question member state institut legal action court refus author refus issu certif refer paragraph articl member state territori undertak intend provid servic cover risk refer articl direct requir undertak produc certif issu compet author head offic member state attest possess activit minimum solvenc margin calcul accord articl direct author accord articl direct enabl undertak oper member state establish produc certif issu compet author member state establish indic class undertak author practic attest author object undertak provid servic state natur risk propos cover member state provis servic member state institut appli court event refus issu certif refer paragraph undertak commenc activ certifi date author member state provis servic possess document refer paragraph articl appli member state territori undertak intend provid servic cover risk refer articl direct make access activ condit administr author articl undertak refer articl intend amend inform refer articl articl submit amend compet author member state provis servic amend enter info forc accord rule articl undertak refer articl intend extend activ risk refer articl direct follow procedur articl undertak refer articl intend extend activ risk refer articl direct articl direct follow procedur articl articl coordin prevent member state maintain introduc law regul administr provis approv gener special polici condit form print document deal polici holder scale premium document normal exercis supervis provid rule member state establish suffici achiev level protect requir member state provis servic respect regard risk refer articl direct member state lai provis requir approv systemat notif gener special polici condit scale premium form print document undertak intend deal polici holder requir systemat notif condit document purpos verifi complianc law regul administr provis respect risk requir constitut prior condit order undertak carri activ regard risk refer articl direct member state retain introduc prior notif approv propos increas premium rate part gener price control system articl undertak provid servic submit compet author member state provis servic document request purpos implement articl undertak establish oblig compet author member state ascertain undertak provid servic territori compli legal rule forc state applic author request undertak concern put end irregular situat undertak question fail compli request refer paragraph compet author member state provis servic inform compet author member state establish author member state establish measur ensur undertak concern put end irregular situat natur measur commun author member state provis servic compet author member state provis servic appli compet author head offic insur undertak servic provid agenc branch measur member state establish measur prove inadequ lack member state question undertak persist violat legal rule forc member state provis servic member state inform supervisori author member state establish measur prevent irregular includ strictli prevent conclus insur contract undertak provis servic territori case risk refer articl direct measur includ withdraw author refer articl member state ensur territori make notif measur provis affect member state punish irregular commit territori undertak commit offenc establish possess properti member state provis servic supervisori author accord nation legisl appli administr penalti prescrib offenc enforc establish properti measur adopt pursuant paragraph involv penalti restrict provis servic properli justifi commun undertak concern measur subject appli court member state author adopt measur pursuant articl direct compet author member state provis servic inform author measur term paragraph articl step safeguard interest insur person event withdraw author basi articl direct compet author member state provis servic inform action measur prevent establish concern continu conclud insur contract provis servic territori state year commiss submit council report summar number type case member state decis refus author commun articl measur accord paragraph member state cooper commiss provid inform requir report articl event insur undertak wound commit aris contract underwritten provis servic met aris undertak insur contract distinct nation insur beneficiari concern articl insur offer provis servic polici holder commit enter inform member state head offic agenc branch contract conclud establish document issu polici holder inform refer preced subparagraph requir subparagraph appli risk refer articl direct contract document grant cover insur propos bind propos address insur establish grant cover head offic articl establish inform supervisori author respect oper effect provis servic amount premium deduct reinsur receiv member state group class group class defin accid sick fire damag properti aviat marin transport gener liabil credit suretyship class supervisori author member state forward inform supervisori author member state provis servic establish earn member state respect oper refer subparagraph paragraph volum premium deduct reinsur higher ecu underwrit account compris item list annex broken group class member state undertak establish earn member state respect oper refer subparagraph paragraph volum premium deduct reinsur higher ecu supervisori author member state provis servic supervisori author member state head offic underwrit account futur oper effect countri establish undertak underwrit account refer subparagraph paragraph forward supervisori author member state establish supervisori author member state provis servic request articl provis servic subject author member state provis servic amount technic reserv relat contract concern determin pend harmon supervis member state accord rule laid fail rule accord establish practic member state cover reserv equival match asset local asset supervis member state accord rule practic case determin amount technic reserv cover equival match asset local asset supervis member state establish accord rule practic member state establish ensur technic reserv relat contract undertak conclud establish concern suffici cover equival match asset case refer paragraph member state establish member state provis servic exchang inform carri respect duti paragraph articl notwithstand direct member state entitl requir undertak oper provis servic territori join particip scheme design guarante payment insur claim polici holder injur parti term establish undertak articl prejudic subsequ harmon insur contract conclud provis servic subject exclus indirect tax parafisc charg insur premium member state risk situat mean articl regard spain surcharg legal establish favour spanish consorcio de compensación de seguro fulfil function relat compens loss aris extraordinari event occur member state derog indent articl applic articl moveabl properti contain build situat territori member state good commerci transit risk situat member state build content cover insur polici law applic contract pursuant articl affect fiscal arrang applic member state subject futur harmon appli undertak provid servic territori nation provis measur ensur collect indirect tax parafisc charg due subparagraph articl risk cover commun insur mean direct eec defin articl direct provis direct risk defin articl direct appli lead insur titl iv transit arrang articl greec ireland spain portug appli transit arrang ii decemb appli risk regim risk refer articl direct ii januari decemb regim larg risk appli risk refer ii articl direct risk refer iii abovement articl member state fix threshold appli therefor iii spain januari decemb threshold stage articl iii direct appli januari threshold stage appli portug ireland greec januari decemb threshold stage articl iii direct appli januari threshold stage appli derog allow januari appli contract cover risk classifi class situat exclus member state benefit transit arrang decemb articl direct appli risk situat member state list articl transit period januari risk defin articl iii direct situat member state capabl cover commun insur mean direct eec exce threshold refer paragraph iii articl titl final provis articl commiss compet author member state collabor close purpos facilit supervis direct insur commun member state inform commiss major difficulti applic direct rise inter alia aris member state awar abnorm transfer insur busi detriment undertak establish territori advantag branch agenc locat border commiss compet author member state concern examin difficulti quickli order find solut commiss submit propos council articl commiss forward council regular report juli develop market insur transact condit freedom provid servic articl direct make refer ecu exchang nation currenc effect decemb year appli dai preced octob exchang valu ecu commun currenc articl direct eec appli articl direct articl year council act propos commiss review amend amount express ecu direct take account econom monetari situat commun articl member state amend nation provis compli direct month date notif forthwith inform commiss thereof provis amend accord articl appli month date notif direct articl notif direct member state ensur text main law regul administr provis adopt field cover direct commun commiss articl annex form integr part direct articl direct address member state luxembourg june council presid bangemann ewg umb ff uen setup hoeh mm zeilen zeichen bedien jutt pr kund oj oj oj decis june publish offici journal oj oj oj oj oj oj direct notifi member state june annex match rule currenc insur commit payabl determin accord rule cover provid contract express term currenc insur commit consid payabl currenc cover provid contract express term currenc insur commit consid payabl currenc countri risk situat insur choos currenc premium express justifi ground exercis choic case time contract enter appear claim paid currenc premium currenc countri risk situat member state author insur currenc provid cover accord experi acquir absenc experi currenc countri establish contract cover risk classifi class produc liabil contract cover risk classifi class accord natur risk cover provid currenc result applic procedur claim report insur payabl currenc currenc result applic procedur insur commit consid payabl currenc currenc compens paid insur determin court judgment agreement insur insur claim assess currenc insur advanc currenc result applic procedur insur commit payabl currenc member state author undertak cover technic reserv match asset applic procedur result undertak head offic branch oblig order compli match principl hold asset currenc amount asset exist currenc case technic reserv asset match greek drachma irish pound portugues escudo amount exce million ecu transit period end decemb million ecu januari decemb case technic reserv asset match belgian franc luxembourg franc spanish peseta amount exce million ecu transit period end decemb end transit period defin gener regim appli currenc council decid member state choos requir undertak head offic branch appli match principl commit payabl currenc currenc commun member state invest currenc regul currenc subject transfer restrict similar reason suitabl cover technic reserv member state author undertak head offic branch hold match asset cover amount exceed commit currenc total asset currenc combin equal total commit currenc combin member state provid preced procedur commit cover asset express currenc member state requir consid satisfi asset express ecu ewg umb ff uen setup hoeh mm zeilen zeichen bedien jutt pr kund annex underwrit account total gross premium earn total cost claim commiss cost gross underwrit result annex underwrit account gross premium underwrit year gross claim underwrit year includ reserv end underwrit year commiss cost gross underwrit result ewg umb ff uen setup hoeh mm zeilen zeichen bedien wilu pr kund