(b)

Directive (EU) 2025/2 of the European Parliament and of the Council of 27 November 2024 amending Directive 2009/138/EC as regards proportionality, quality of supervision, reporting, long-term guarantee measures, macro-prudential tools, sustainability risks and group and cross-border supervision, and amending Directives 2002/87/EC and 2013/34/EU (Text with EEA relevance) · European Union

where at least one insurance or reinsurance undertaking in the scope of the group is not a life undertaking, all of the following criteria shall be met: the averaged combined ratio for non-life insurance activities net of reinsurance of the last three financial years is less than 100 %; the annual gross written premium income of the group is not higher than EUR 100 000 000; the sum of the annual gross written premiums in classes 5 to 7, 11, 12, 14 and 15 in Part A of Annex I is not higher than 30 % of total annual written premiums of non-life activities of the group;

← (ii) · All articles · (i) →

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