5

Links Between General Insurers and Long-Term Insurers

5.1

If a general insurer and a long-term insurer have financial, commercial or administrative links with each other, each of those firms must ensure that its accounts are not distorted by an agreement between them or by any arrangement which could affect the apportionment of expenses and income.

[Note: Art. 73(4) of the Solvency II Directive]