EEA insurer definition

EEA insurer means an undertaking, other than a UK insurer, pursuing the activity of direct insurance (within the meaning of Article 2 of the life insurance directive or Article 1 of the first non-life insurance directive) which has received authorisation under Article 4 of the life insurance directive or Article 6 of the first non-life insurance directive from its home state regulator;
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EEA insurer means an insurance undertaking or a non- directive insurer whose head office is in an EEA State, other than Malta, and which has received authorisation in accordance with article 4 of Directive 2002#83#EC or article 6 of Directive 73#239#EEC from the foreign authority<
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EEA insurer means an insurance undertaking whose head office is in an EEA State, other than Malta, and which has received authorisation in accordance with article 4 of Directive 2002#83#EC or article 6 of Directive 73#239#EEC<
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Examples of EEA insurer in a sentence

  • In the event of failure of either the EEA insurer or the UK branch, the home state scheme would have lead responsibility for claims and would pay the first part of any compensation.

  • A proposed voluntary arrangement shall not have effect in relation to an EEA insurer if a decision, under section 4 of the 1986 Act or Article 17 of the 1989 Order, with respect to the approval of that arrangement was made after the relevant date.

  • Section 377 of the 2000 Act (reducing the value of contracts instead of winding up) does not apply in relation to an EEA insurer.

  • BBI is licensed and regulated by the Malta Financial Services Authority and is an authorised EEA insurer.

  • These restrictions prevent a non- EEA authorised entity effecting and carrying out contracts of insurance for an EEA insurer.

  • Quantum Leben AG is an EEA insurer based in Städtle 18, 9490 Vaduz, Principality of Liechtenstein and is authorised and regulated by the Financial Market Authority Liechtenstein, Finanzmarktaufsicht (FMA) Liechtenstein.

  • With respect to a foreign EEA insurer providing insurance services in Finland on the basis of freedom of services, the list of debits includes the company’s name and home country, the foreign office’s address and the name and address of the company’s representative in Finland for the payment of the fire prevention charge.

  • Our vision is a world where people of all abilities have equal access to achieve their employment goals.

  • EEA passporting rights mean that there is currently a fundamental difference between the treatment of EEA (re)insurers and non-EEA (‘third country’) (re)insurers 19 In the UK, however, an EEA insurer that qualifies to carry on regulated insurance activities in the UK using a cross-border services passport would seem not to commit a criminal offence by establishing a branch instead.

  • Taken together with the power of intervention in section 196, this could result in public censure, a financial penalty, or the imposition of a specific requirement prohibiting the EEA insurer from continuing to carry on certain activities in the UK.


More Definitions of EEA insurer

EEA insurer means an insurance undertaking whose home State is an EEA State other than Gibraltar;
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EEA insurer means an insurance company —
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EEA insurer means an insurance or reinsurance company–
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Related to EEA insurer

  • R&W Insurer means AIG Specialty Insurance Company.

  • EEA Member Country means any of the member states of the European Union, Iceland, Liechtenstein, and Norway.

  • EEA national means a national of one of the following countries:

  • Insurer means a person who insures or guarantees for the benefit of the mortgagee all or any portion of the risk of loss upon borrower default on any of the mortgage loans originated, purchased or serviced by the Company or any of its Subsidiaries, including the Federal Housing Administration, the United States Department of Veterans’ Affairs, the Rural Housing Service of the U.S. Department of Agriculture and any private mortgage insurer, and providers of hazard, title or other insurance with respect to such mortgage loans or the related collateral.

  • EEA Financial Institution means (a) any credit institution or investment firm established in any EEA Member Country which is subject to the supervision of an EEA Resolution Authority, (b) any entity established in an EEA Member Country which is a parent of an institution described in clause (a) of this definition, or (c) any financial institution established in an EEA Member Country which is a subsidiary of an institution described in clauses (a) or (b) of this definition and is subject to consolidated supervision with its parent.

  • FHA Insurance means the Federal mortgage insurance authorized pursuant to Section 220, 221(d)(3), 221 (d)(4) or 223(f) of Title II of the National Housing Act of 1934, as amended.

  • Qualified Insurer A mortgage guaranty insurance company duly authorized and licensed where required by law to transact mortgage guaranty insurance business and approved as an insurer by Xxxxxx Xxx or Xxxxxxx Mac.

  • EEA migrant worker (“gweithiwr mudol AEE”) means an EEA national who is a worker, other than an EEA frontier worker, in the United Kingdom;

  • authorised insurer means an insurer that holds an authorisation to carry on insurance business for the purposes of Directive 73/239/EEC or that is otherwise entitled to carry on non-life insurance business in the State;

  • Certification Authority means an entity that certifies the generation, characteristics or Delivery of a REC, or the qualification of a Renewable Energy Facility or Renewable Energy Source under an Applicable Program, may include, as applicable, the Administrator, a GIS, a Governmental Authority, the Verification Provider, one or both of the Parties, an independent auditor, or other third party, and should include (i) if no Applicable Program is specified, the Seller, or the generator of the RECs if the Seller is not the generator, (ii) if the RECs are to be Delivered pursuant to an Applicable Program, the Administrator of the Applicable Program, or such other person or entity specified by the Applicable Program to perform Certification, or (iii) such other person or entity specified by the Parties.

  • EEA Resolution Authority means any public administrative authority or any person entrusted with public administrative authority of any EEA Member Country (including any delegee) having responsibility for the resolution of any EEA Financial Institution.

  • Authorized insurer means, in the case of an interstate motor carrier whose operations may or may

  • Underlying insurance means the DESIGNATED UNDERLYING POLICY and all insurances affording professional liability insurance coverage to any INSURED hereunder which are considered to be primary to this insurance, including without limitation, any such mandatory insurance coverage afforded any INSURED by any law society or other program, and any such non-mandatory insurances purchased as coverage or primary to (beneath) this POLICY coverage, but in no case shall include any insurance specifically acquired and stated to be in excess of this POLICY. Signed on behalf of Lawyers’ Professional Indemnity CompanyDaniel E. PinningtonDaniel E. PinningtonPresident and Chief Executive Officer Endorsement No . 1pollutIon exClusIonThis POLICY, subject to all its terms and conditions not in conflict with this endorsement, and further to Part III Exclusion (g), shall include the following:This insurance does not apply to:(a) damage arising out of the actual, alleged or threatened discharge, seepage, dispersal, release or escape of pollutants:

  • Resolution Authority means an EEA Resolution Authority or, with respect to any UK Financial Institution, a UK Resolution Authority.

  • Specified Insurance Company means any Entity that is an insurance company (or the holding company of an insurance company) that issues, or is obligated to make payments with respect to, a Cash Value Insurance Contract or an Annuity Contract.

  • Approved Insurer Each insurance policy shall be issued by insurance companies authorized to do business in the State of Nevada or eligible surplus lines insurers under federal and Nevada law and having agents in Nevada upon whom service of process may be made, and currently rated by A.M. Best as “A-VII” or better.