Recital 46

Directive (EU) 2025/1 of the European Parliament and of the Council of 27 November 2024 establishing a framework for the recovery and resolution of insurance and reinsurance undertakings and amending Directives 2002/47/EC, 2004/25/EC, 2007/36/EC, 2014/59/EU and (EU) 2017/1132 and Regulations (EU) No 1094/2010, (EU) No 648/2012, (EU) No 806/2014 and (EU) 2017/1129 (Text with EEA relevance) · European Union

(46) In specific cases, where certain group entities provide services to an undertaking under resolution which are essential for ensuring the continuity of insurance coverage, the resolution authority should have the power to ensure that the goods and services provided by such an essential service provider continue to be provided in cases where its financial position deteriorates as a result of the failing of an insurance or reinsurance undertaking within the same group and the use of such power is necessary to preserve the continuity of insurance coverage provided by other group entities. Those powers could include exercising resolution powers and applying resolution tools to the essential service provider.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-14 · Text as adopted (Official Journal); later amendments are not incorporated in this text.