1. — Directive 2001/17/EC of the European Parliament and of the Council of 19 March…

1.

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 · European Union

Member States shall ensure that insurance claims take precedence over other claims on the insurance undertaking according to one or both of the following methods: insurance claims shall, with respect to assets representing the technical provisions, take absolute precedence over any other claim on the insurance undertaking; insurance claims shall, with respect to the whole of the insurance undertaking's assets, take precedence over any other claim on the insurance undertaking with the only possible exception of: claims by employees arising from employment contracts and employment relationships, claims by public bodies on taxes, claims by social security systems, claims on assets subject to rights in rem.

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Source: EUR-Lex (Cellar) · retrieved 2026-11-01 · Text as adopted (Official Journal); later amendments are not incorporated in this text.