This Directive shall not apply to the following institutions which pursue non-life insurance activities unless their statutes or the applicable law are amended as regards capacity:
(1)
in Denmark, Falck Danmark;
(2)
in Germany, the following semi-public institutions:
(a)
Postbeamtenkrankenkasse,
(b)
Krankenversorgung der Bundesbahnbeamten;
(3)
in Ireland, the Voluntary Health Insurance Board;
(4)
in Spain, the Consorcio de Compensación de Seguros.
Subsection 3
Life