Glossary

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Term Definition Legal instruments

insurance sector

01/01/2016

THIS DEFINITION ONLY APPLIES TO THE FINANCIAL CONGLOMERATES PART

means a sector composed of one or more of the following entities:

(1) a Solvency II undertaking;

(2) third country insurance undertaking or a third country reinsurance undertaking;

(3) an insurance holding company; and

(4) in the relevant circumstances described in 5, an asset management company or an alternative investment fund manager.