Solvency II
Branches and freedom to provide services – Solvency II

Solvency II Art.145: Arts 145, 146 Notify the home supervisor before establishing a branch, and give notice of changes

What does Art.145 require?

An insurer proposing a branch in another Member State must notify its home supervisor with the Member State, a scheme of operations (types of business, branch structure), the authorised agent with power to bind the undertaking, and the address for documents; motor liability branches must join the host national bureau and guarantee fund. Changes to the scheme, agent or address require written notice to home and host supervisors at least one month ahead. Business may start on the host's communication of general good conditions or after two months.

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