Third Non-Life Insurance Directive

E559264

The Third Non-Life Insurance Directive was an EU legislative measure that harmonized rules for non-life (general) insurance business across member states before being superseded by the Solvency II regime.

All labels observed (1)

Label Occurrences
Third Non-Life Insurance Directive canonical 3

How this entity was disambiguated

Statements (32)

Predicate Object
instanceOf European Union directive ⓘ
insurance regulation ⓘ
aim harmonization of non-life insurance regulation across EU member states ⓘ
appliesTo EU member state insurance markets ⓘ
general insurance business ⓘ
non-life insurance ⓘ
basedOnPrinciple home state supervision ⓘ
single passport for insurers ⓘ
concerns cross-border provision of non-life insurance services ⓘ
establishment of branches of non-life insurers in other member states ⓘ
establishes home country control principle for non-life insurers ⓘ
single license system for non-life insurers ⓘ
harmonizes guarantee fund requirements for non-life insurers ⓘ
rules on technical provisions for non-life insurance ⓘ
solvency margin requirements for non-life insurers ⓘ
intendedEffect enhanced competition in EU non-life insurance markets ⓘ
increased consumer choice in non-life insurance products ⓘ
removal of regulatory barriers to cross-border non-life insurance ⓘ
jurisdiction European Union ⓘ
legalNature binding legislative act of the European Union ⓘ
objective completion of the single market for non-life insurance services ⓘ
policyArea financial services ⓘ
insurance and pensions ⓘ
predecessorOf Solvency II Directive ⓘ
regulates authorization of non-life insurance undertakings ⓘ
freedom of establishment for non-life insurers ⓘ
freedom to provide services in non-life insurance ⓘ
prudential supervision of non-life insurers ⓘ
requires cooperation between supervisory authorities of member states ⓘ
mutual recognition of authorization among member states ⓘ
scope non-life insurance classes as defined in EU law ⓘ
supersededBy Solvency II regime ⓘ

How these facts were elicited

Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.

Solvency II Directive → replaces → Third Non-Life Insurance Directive ⓘ
Directive 2009/138/EC → repeals → Third Non-Life Insurance Directive ⓘ
First Non-Life Insurance Directive → followedBy → Third Non-Life Insurance Directive ⓘ