A Member State shall not apply to third-country reinsurance undertakings taking-up or pursuing reinsurance activity in its territory provisions which result in a more favourable treatment than that granted to reinsurance undertakings which have their head office in that Member State.
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Chapter IX · Branches established within the community and belonging to insurance or reinsurance undertakings with head offices situated outside the community › Section 2 · Reinsurance › Article 174
Principle and conditions for conducting reinsurance activity
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