en

reinsurance undertaking

1

Terminological databases

EKI terminibaas Esterm

ID 696427 Last modified 27.01.2020
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Domain Insuranceundertakings
edasikindlustusandja preferred
edasikindlustaja
reinsurance undertaking preferred
reinsurer
  • kindlustusandja, kelle peamine ja püsiv tegevus on edasikindlustustegevus
  • an undertaking which has received authorisation in accordance with Article 14 to pursue reinsurance activities
  • the party that has an obligation under a reinsurance contract to compensate a cedant if an insured event occurs
Good to know
  • Staatus: kinnitatud
  • Article 14 1. The taking-up of the business of direct insurance or reinsurance covered by this Directive shall be subject to prior authorisation. 2. The authorisation referred to in paragraph 1 shall be sought from the supervisory authorities of the home Member State by the following: (a) any undertaking which is establishing its head office within the territory of that Member State; or (b) any insurance undertaking which, having received an authorisation pursuant to paragraph 1, wishes to extend its business to an entire insurance class or to insurance classes other than those already authorised.
edasikindlustusandja preferred
Usage examples
  • Edasikindlustusandja võib tegeleda kahjukindlustuse edasikindlustuse ja elukindlustuse edasikindlustusega.
Good to know
  • Nii Eesti kui ka ELi uutes kindlustusvaldkonna õigusaktides kasutatakse terminit edasikindlustusandja.
edasikindlustaja
reinsurance undertaking preferred
Usage examples
  • Undertakings engaged in the business of direct insurance customarily engage in the business of reinsurance as well and are therefore in competition with specialist reinsurance undertakings.
Good to know
  • Kasutatud kindlustustegevuse seaduse KindlTS-2019/12/8 tõlkes inglise keelde. [27.01.2020]
reinsurer
Usage examples
  • Member States shall not retain or introduce for the establishment of technical provisions a system with gross reserving which requires pledging of assets to cover unearned premiums and outstanding claims provisions where the reinsurer is an insurance or reinsurance undertaking authorised in accordance with this Directive.

Riigi Teataja seadustes määratletud terminid (legaaldefinitsioonid)

ID 669419 Last modified 25.01.2024
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  • (2) Edasikindlustusandja on kindlustusandja, kelle peamine ja püsiv tegevus on edasikindlustustegevus.
  • defineeritakse kõikide Eesti õigusaktide ulatuses
  • (2) A reinsurance undertaking shall mean an insurance undertaking whose main permanent activity is reinsurance activities.
  • defined within the scope of all Estonian legal instruments
edasikindlustusandja
reinsurance undertaking

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