Reorganisation measures Decision on measures to reorganise INTERNATIONAL LIFE General Insurance S.A. 2016/C 67/06
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Address https://gelex.eu/eli/EU/notice/oj/C/2016/67/06@2016-02-20/en
Contents
Publication made in accordance with Article 6 of Directive 2001/17/EC of the European Parliament and of the Council of 19 March 2001 on the reorganisation and winding-up of insurance undertakings. Insurance undertaking INTERNATIONAL LIFE General Insurance S.A., with its registered office at Kifisias 7 & Neapoleos 2, 15123 Marousi, General Commercial Register (GEMI) No 000314501000, Tax Identification Number (TIN) 094130304, Legal Entity Identifier (LEI) 213800NED3OUL1K2V349 Date, nature of the decision and date of entry into force Decision No 171/2/14.12.2015 of the Credit and Insurance Committee of the Bank of Greece concerning:
(1) The appointment of a commissioner to act jointly with the Management Board of the insurance undertaking in question in accordance with Article 17c(9) of Legislative Decree 400/1970. The commissioner shall ensure the proper functioning and management of the insurance portfolio, the continuation of the insurance undertaking’s work, examining all appropriate measures, and the assessment of capital adequacy, with 31 December 2015 as the reference date. By 1 February 2016, the commissioner shall submit a report to the Bank of Greece on the capital adequacy and the financial, administrative and organisational situation of the insurance undertaking.
(2) The submission of weekly reports on the Insurance Register (bound and free assets).
Entry into force: 14 December 2015 End of validity: Not defined Competent authorities Bank of Greece Address: E. Venizelou 21 102 50 Αθήνα/Athens ΕΛΛΑΔΑ/GREECE Supervisory authorities Bank of Greece Address: E. Venizelou 21 102 50 Αθήνα/Athens ΕΛΛΑΔΑ/GREECE Administrator appointed Applicable law Greek law in accordance with the provisions of Articles 9 and 17a to 17c of Legislative Decree 400/1970.