European insurance undertaking definition

European insurance undertaking means an undertaking having its head office in a Member State or an EEA State, other than Malta, pursuing the activity of direct insurance within the meaning of Article 2 of the Solvency II Directive, which has received authorisation in accordance with Article 14 of the Solvency II Directive;
European insurance undertaking means an undertaking having its head office in a Member State or an EEA State, other than Malta, pursuing the activity of direct insurance within the meaning of article 1 of First Council Directive 73/239/EEC of 24 July 1973 on the coordination of laws, regulations and administrative
European insurance undertaking means an undertaking having its head office in a Member State or an EEA State, other than Malta, pursuing the activity of direct insurance within the meaning of article 2 of Directive 2002/83/EC or article 1 of Directive 73/239/EEC which has received authorisation under article 4 or article 6 respectively;

Examples of European insurance undertaking in a sentence

  • New regulations 12(4) and 14(3) have been added to require a European insurance undertaking and a European reinsurance undertaking which is seeking to provide services in Malta to identify a person to whom the legal documents are to be served, as required in Article 155(3) of the Solvency II Directive.

  • Name of European insurance undertaking:- Address of principal place of business:- Business telephone number/s:-Business fax number/s:- Business e-mail address/es:- _ _ _ _ _ G2.

  • Following Malta’s membership to the European Union, Lloyd’s is no longer considered a Recognised Insurance Body but is a European insurance undertaking which has passported its activities into Malta.

  • Industry Comment: Regulation 6 of the draft regulations, which reproduces regulation 6 of the current European Passport Rights for Insurance and Reinsurance Undertakings Regulations (S.L. 403.14), allows the MFSA to request the submission of data by the European insurance undertaking with a branch in Malta about its activities, on an equivalent basis to Maltese insurance undertakings.

  • It was pointed out that the ability of a host Member State to obtain statistical data about a branch of a European insurance undertaking established therein is provided for in Article 159 of the Solvency II Directive.

  • European insurance undertaking /insurance intermediary registered under Article 3 of the Insurance Distribution Directive applying for enrolment of tied insurance intermediary J1.

  • Regulation 5 of the revoked regulations has been amended to transpose Article 150 of the Solvency II Directive applicable to European insurance undertaking covering risks relating to class 10, requiring such undertakings to contribute to the financing of the Motor Insurance Bureau in Malta and the Protection and Compensation Fund for the purposes of Part IV of the Protection and Compensation Regulations, 2003, and also provides the manner in which such financial contribution is to be calculated.

  • Name of European insurance undertaking/ insurance intermediary Address of principal place of business:-Business telephone number/s:- Business email address/es:- _ _ _ _K Tied insurance intermediaries activities relating to class or classes of business of insurance to be carried out (Before attempting to fill in this section, please read note below this section) K1.


More Definitions of European insurance undertaking

European insurance undertaking means an undertaking having its head office in a Member State or an EEA State, other than Malta and includes Lloyd’s,
European insurance undertaking means an undertaking having its head office in a Member State or an EEA State, other than Malta, pursuing the activity of direct insurance within the meaning

Related to European insurance undertaking

  • insurance undertaking means insurance undertaking as defined in point (1) of Article 13 of Directive 2009/138/EC of the European Parliament and of the Council of 25 November 2009 on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II) (1);

  • reinsurance undertaking means reinsurance undertaking as defined in point (4) of Article 13 of Directive 2009/138/EC;

  • L/C Undertaking has the meaning set forth in Section 2.12(a).

  • Disclosure Undertaking means the Continuing Disclosure Undertaking, dated as of the Dated Date, relating to certain obligations contained in the SEC Rule.

  • 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.

  • Regulated Insurance Company means any Subsidiary of the Borrower, whether now owned or hereafter acquired, that is authorized or admitted to carry on or transact Insurance Business in any jurisdiction and is regulated by any Applicable Insurance Regulatory Authority.

  • Performance Undertaking means that certain Performance Undertaking, dated as of May 10, 2002, by Performance Provider in favor of Seller, substantially in the form of Exhibit XI, as the same may be amended, restated, supplemented or otherwise modified from time to time.

  • Personal lines insurance means property and casualty insurance coverage sold for primarily noncommercial purposes to:

  • Master Standby Agreement means the Master Agreement for Standby Letters of Credit dated as of the Closing Date between Borrower, as Applicant, and GE Capital, as Issuer.

  • Reimbursement insurance policy means a policy of insurance

  • Group Undertaking means the Company or another undertaking in the group;

  • Other Insurance means insurance available to any covered person that covers a loss to which this policy applies, other than either primary insurance or insurance specifically purchased by you to be excess of the insurance afforded by this policy.

  • In-Orbit Insurance means, with respect to any Satellite (or, if the entire Satellite is not owned by the Issuer or any Restricted Subsidiary, as the case may be, the portion of the Satellite it owns or for which it has risk of loss), insurance (subject to a right of co-insurance in an amount up to $150.0 million) or other contractual arrangement providing for coverage against the risk of loss of or damage to such Satellite (or portion, as applicable) attaching upon the expiration of the launch insurance therefor (or, if launch insurance is not procured, upon the initial completion of in-orbit testing) and attaching, during the commercial in-orbit service of such Satellite (or portion, as applicable), upon the expiration of the immediately preceding corresponding policy or other contractual arrangement, as the case may be, subject to the terms and conditions set forth in this Indenture.

  • Excess Insurance shall not apply to any insurance coverage currently held by The Government of Bermuda, or to our Self-Insured Retentions of whatever nature.

  • Insurance Assignment each collateral assignment of insurance pursuant to which an Obligor assigns to Agent, for the benefit of Secured Parties, such Obligor’s rights under key-man life, business interruption or other insurance policies as Agent deems appropriate, as security for the Obligations.

  • R&W Insurance Policy has the meaning set forth in Section 6.15.

  • Medical malpractice insurance means insurance against legal liability incident to the practice and provision of a medical service other than the practice and provision of a dental service.

  • insurance agent means, subject to subsection (2), any person who for any compensation and through any medium does one or more of the following:

  • Standard Hazard Insurance Policy means a fire and casualty extended coverage insurance policy in such amount and with such coverage as required by this Agreement.

  • Surplus lines insurance means insurance in this State of risks located or to be performed in this State, permitted to be placed through a resident licensed broker with a nonadmitted insurer eligible to accept the insurance, other than reinsurance, wet marine and transportation insurance, insurance independently procured, and life and health insurance and annuities. Excess and stop‑loss insurance coverage upon group life, accident, and health insurance or upon a self‑insured’s life, accident, and health benefits program may be approved as surplus lines insurance.

  • Primary Insurance Policy Each policy of primary mortgage guaranty insurance or any replacement policy therefor with respect to any Mortgage Loan.

  • Errors and Omissions Insurance Policy means an errors and omissions insurance policy maintained by the Master Servicer, the Special Servicer, the Trustee, the Custodian or the Certificate Administrator, as the case may be, in accordance with Section 8.2, Section 9.2 and Section 7.17, respectively.

  • Insurance Agreement means the insurance and indemnity agreement identified in the Adoption Annex.

  • Continuing Disclosure Undertaking means the Continuing Disclosure Undertaking of the Issuer, in substantially the form attached hereto as Exhibit 1, dated the Closing Date, for the purpose of providing continuing disclosure information under Rule 15c2-12 adopted by the Securities and Exchange Commission under the Securities Exchange Act of 1934, as may be amended from time to time.

  • First party insurance means an insurance policy or contract in which the insurer

  • Credit unemployment insurance means insurance: