1
Application and Definitions
1.1
Unless otherwise stated, this Part applies to:
- (1) a UK Solvency II firm;
- (2) in accordance with Insurance General Application 3, the Society, as modified by 11;
- (3) in accordance with Insurance General Application 3, managing agents, as modified by 11;
- (4) a third country branch undertaking (other than a Swiss general insurer);
- (5) a UK ISPV, in accordance with 12; and
- (6) a third country insurance services provider.
- 31/12/2020
1.2
In this Part, the following definitions shall apply:
Chair of the Governing Body function
has the meaning given in 4.1.
Chair of Audit Committee function
has the meaning given in 4.3.
Chair of Remuneration Committee function
has the meaning given in 4.4.
Chair of Risk Committee function
has the meaning given in 4.2.
has the meaning given in 7.1.
has the meaning given in 3.1.
has the meaning given in 3.2.
has the meaning given in 3.7.
has the meaning given in 3.3.
Chief Underwriting Officer function
has the meaning given in 9.2.
Group Entity Senior Manager function
has the meaning given in 5.1.
has the meaning given in 13.4.
Head of Internal Audit function
has the meaning given in 3.4.
Head of Key Business Area function
has the meaning given in 3.5.
Head of small run-off firm function
has the meaning given in 6A.2.
Head of Third Country Branch function
has the meaning given in 6.2.
Senior Independent Director function
has the meaning given in 4.5.
Underwriting Risk Oversight function
has the meaning given in 10.2.
has the meaning given in 8.2.
- 10/12/2018