Answers to the European Commission on the ... - Eiopa - Europa
Answers to the European Commission on the ... - Eiopa - Europa
Answers to the European Commission on the ... - Eiopa - Europa
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Results from <str<strong>on</strong>g>the</str<strong>on</strong>g> near-misses questi<strong>on</strong>naire - 2005<br />
Number of instances<br />
Risk group Detailed risk<br />
A) Request for a recovery<br />
plan <str<strong>on</strong>g>to</str<strong>on</strong>g> be set up<br />
N<strong>on</strong>-life Life Combi<br />
B) Demand an increase in<br />
capital<br />
1 2<br />
C) Prohibiti<strong>on</strong> of<br />
underwriting new business<br />
D) Limitati<strong>on</strong> of premium<br />
income<br />
E) Prohibiti<strong>on</strong> of certain<br />
investments<br />
F) Prohibiti<strong>on</strong> of free disposal<br />
of assets<br />
G) Cus<str<strong>on</strong>g>to</str<strong>on</strong>g>dy of assets by <str<strong>on</strong>g>the</str<strong>on</strong>g><br />
authority<br />
H) Reducing benefits of<br />
existing c<strong>on</strong>tracts<br />
I) Suspensi<strong>on</strong> of claims<br />
payments<br />
J) Manda<str<strong>on</strong>g>to</str<strong>on</strong>g>ry portfolio<br />
transfer<br />
K) Measures relating <str<strong>on</strong>g>to</str<strong>on</strong>g><br />
reinsurance ceded<br />
L) Removal of members of<br />
<str<strong>on</strong>g>the</str<strong>on</strong>g> Board of Direc<str<strong>on</strong>g>to</str<strong>on</strong>g>rs<br />
M) Removal of o<str<strong>on</strong>g>the</str<strong>on</strong>g>r<br />
managers<br />
N) Appointment of a special<br />
commissi<strong>on</strong>er<br />
O) Actuarial investigati<strong>on</strong><br />
Audi<str<strong>on</strong>g>to</str<strong>on</strong>g>r report / investigati<strong>on</strong><br />
P) General meeting of<br />
shareholders called<br />
Q) Temporary suspensi<strong>on</strong> of<br />
authorisati<strong>on</strong><br />
R) Withdrawal of<br />
authorisati<strong>on</strong><br />
S) File for bankruptcy or<br />
winding-up<br />
T) Initiate or recommend<br />
starting criminal<br />
proceedings, (including<br />
m<strong>on</strong>ey-laundering)<br />
U) Request <str<strong>on</strong>g>to</str<strong>on</strong>g> increase<br />
technical provisi<strong>on</strong>s<br />
1<br />
V) O<str<strong>on</strong>g>the</str<strong>on</strong>g>r 1<br />
Table 7: Risk group; near misses, table 3<br />
266