Traduction de «private insurance » (Anglais → Français) :

That notification should contain a market report demonstrating the unavailability of cover for the risks in the private insurance market by producing evidence thereof from two large, well-known international private export-credit insurers as well as a national credit insurer, thus justifying the use of the escape clause.

However, due to the unavailable or insufficient cover in the majority of Member States of export-credit insurance offered by private insurers to small companies with a limited export turnover, which is caused by no or very low profitability reflecting an insufficient spread of foreign countries/buyers and lack of education and knowledge of the complexities of export-credit insurance among such companies entailing significant handholding and processing costs, the Commission is prepared to consider their export-related risks as temporar ...[+++]ily ‘non-marketable’ in these Member States where there is no adequate offer by the private market, also in consideration of the need for the commercial insurers to adapt to the increased market size created by the EU enlargement.

The Report showed that when public or publicly supported export-credit insurers operated for the account or with the guarantee of the State on parts of the short-term market where they were in competition with private insurers, they enjoyed certain financial advantages which could distort competition against private insurers.

1.5. Section 2 of this communication describes the structure of the export-credit insurance market and distinguishes the commercial or market sector, in which private insurers operate and which is covered by this communication between private and public or publicly supported export-credit insurers and explains why and to what extent the State aid Articles of the Treaty apply.

First, Portugal failed to prove that private insurance cover was indeed unavailable in the market. Secondly, the scheme excluded companies that could not obtain base cover from a private insurer, whereas these were precisely the companies most hit by the financial crisis and supposedly more in need of the support. Thirdly, offering a premium that was below market price went beyond what was necessary to remedy the disturbance in the market, and distorted competition between those that obtained cover under the scheme and those that relied only on the market or, even worse, could not obtain it at all. Finally, the measure helped to preserve ...[+++] the market positions of the private credit insurers and, thus, benefitted the credit insurance sector by preventing the substitution of short-term credit insurance by other products offering credit protection such as factoring and documentary credit.

Moreover, the majority of provinces (Alberta, British Columbia, Manitoba, Ontario, Prince Edward Island and Quebec) prohibit private companies from insuring services that are covered under public health care insurance plans.[61] In these provinces, private insurers are limited to providing supplementary health care benefits, such as semi-private or private accommodation during hospital stay, prescription drugs, dental care and eyeglasses – all services that are not insured under provincial health care insurance plans.