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Finance

EU-Switzerland agreement on non-life insurance

Description

In 1991 the European Economic Community and the Swiss Confederation concluded an agreement on non-life insurance.

The agreement allows branches of EU non-life insurance companies established in Switzerland and Swiss non-life insurance branches in the EU to follow a limited number of prudential rules of the home jurisdiction, supervised by the home supervisor, in particular as regards the calculation of their solvency capital requirement. 

  • Agreement between the European Economic Community and the Swiss Confederation on direct insurance other than life assurance
  • Decision 91/370/EEC - Conclusion of the agreement between the EEC and the Swiss Confederation
  • Directive 91/371/EEC – Implementation of the agreement between the EEC and the Swiss Confederation
  • Council Regulation (EEC) No 2155/91 - Particular provisions for the application of Articles 37, 39 and 40 of the agreement between the EEC and the Swiss Confederation
  • EC-Switzerland Joint Committee Decision No 1/2001 amending annexes and protocols