Social- och hälsovårdsministeriets förordning om en höjning av vissa belopp som anges i försäkringsbolagslagen | 1239 — Finland law | Esheria

Social- och hälsovårdsministeriets förordning om en höjning av vissa belopp som anges i försäkringsbolagslagen

For skadeförsäkringsbolag that conduct direct insurance, the provision sets minimum guarantee amounts of 3,500,000 euro and 2,300,000 euro for the two cited cases.

AI-assisted research synopsis — verify against the official legal text below.

Jurisdiction
Finland
Instrument
Regulation
Citation
1239
Version
Undated source snapshot
Language
sv
Official source
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capital requirements commencement financial calculations guarantee amount minimum guarantee amount reinsurance capital repeal

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Statute overview

About this statute

For skadeförsäkringsbolag that conduct direct insurance, the provision sets minimum guarantee amounts of 3,500,000 euro and 2,300,000 euro for the two cited cases. For life insurance companies carrying on direct insurance, the minimum guarantee amount is 3,500,000 euro. This section sets minimum guarantee amounts for reinsurance companies: 1,100,000 euro for captive reinsurance companies and 3,500,000 euro for other reinsurance companies. The provision sets two euro amounts to be used in the specified calculations under the insurance companies act. The regulation enters into force on 30 December 2009 and repeals a specified 2006 ministerial regulation.

Available versions

  • Undated version · current

    fi

  • Undated version · current

    sv