Règlement grand-ducal du 14 novembre 2012 portant modification du règlement grand-ducal modifié du 5 décembre 2007 précisant les conditions d’agrément et d’exercice des entreprises de réassurance. | http://data.legilux.public.lu/eli/etat/leg/rgd/2012/11/14/n2/jo — Luxembourg law | Esheria

Règlement grand-ducal du 14 novembre 2012 portant modification du règlement grand-ducal modifié du 5 décembre 2007 précisant les conditions d’agrément et d’exercice des entreprises de réassurance.

This is the preamble to a grand-ducal regulation amending the 5 December 2007 regulation on approval and operation conditions for reinsurance companies.

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

Jurisdiction
Luxembourg
Instrument
Regulation
Citation
http://data.legilux.public.lu/eli/etat/leg/rgd/2012/11/14/n2/jo
Status
In force
Version
Undated source snapshot
Language
fr
Updated
Official source
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account surveillance capital requirements reinsurance

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Statute overview

About this statute

This is the preamble to a grand-ducal regulation amending the 5 December 2007 regulation on approval and operation conditions for reinsurance companies. The minimum guarantee fund is set at 3,400,000 euros for reinsurance companies and 1,225,000 euros for reinsurance captives. This provision says the regulation first applies to account supervision for financial years starting on 1 January 2013 or during 2013. The Finance Minister is responsible for carrying out this regulation, which will be published in the Memorial.