Where an insurance undertaking is wound up, commitments arising out of contracts underwritten through a branch or under the freedom to provide services shall be met in the same way as those arising out of the other insurance contracts of that undertaking, without distinction as to nationality as far as the persons insured and the beneficiaries are concerned.
Home› Insurance & Pensions› Solvency II Directive
Chapter VIII · Right of establishment and freedom to provide services › Section 5 · Treatment of contracts of branches in winding-up proceedings › Article 160
Winding-up of insurance undertakings
←→ also move between articles