art_2__para_1__text_1
Solvency II
This Directive shall apply to direct life and non-life insurance undertakings which are established in the territory of a Member State or which wish to become established there. It shall also apply to reinsurance undertakings which conduct only reinsurance activities and which are established in the territory of a Member State or which wish to become established there with the exception of Title IV.
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Source: EUR-Lex (Cellar) · retrieved 2026-10-09 · Text as adopted (Official Journal); later amendments are not incorporated in this text.