In the event of an insurance undertaking being wound up, liabilities arising from participation in Community co-insurance contracts shall be met in the same way as those arising under the other insurance contracts of that undertaking without distinction as to the nationality of the insured and of the beneficiaries.
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Chapter II · Provisions specific to non-life insurance › Section 2 · Community co-insurance › Article 194
Treatment of co-insurance contracts in winding-up proceedings
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