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Part 2 · Provisions for direct insurance and reinsurance  ›  Division 2 · Health insurance › Section 156

Appointed actuary in health insurance

(1) Insurance undertakings conducting substitutive health insurance must appoint an appointed actuary. Section 141(1), second to fourth sentences, and (2) and (3) apply correspondingly.
(2) It is incumbent upon the appointed actuary 1. to ensure that, in calculating the premiums and the technical provisions within the meaning of sections 341e to 341h of the Commercial Code, in particular the ageing provision, the actuarial methods under section 146(1), points 1 and 2, are complied with, having regard to the rules of the statutory instrument issued under section 160; in doing so, he or she must examine, in particular, the financial position of the undertaking to determine whether the continuous ability to meet the obligations arising from the insurance contracts is guaranteed at all times, and 2. to confirm, below the balance sheet, that the ageing provision has been calculated in accordance with point 1 (actuarial confirmation); this does not apply to smaller associations within the meaning of section 210. Section 141(5), first sentence, point 3, and (6), point 1, applies correspondingly.

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