Traduction de «Rapport effectif des sinistres aux primes » (Français → Anglais) :

The agreements concerned are: (a) the joint establishment of tariffs of risk premiums; (b) the establishment of standard insurance conditions; (c) the joint coverage of certain types of risk (pools); (d) verification and approval of safety equipment; (e) settlement of claims and (f) registers and information systems concerning aggravated risks.

The excess of the premiums written over the claims and expenses paid in respect of contracts commencing in the underwriting year shall form a technical provision which is included in the technical provision for claims outstanding shown in the balance sheet in liabilities item C (3).

Whereas agreements, decisions and concerted practices serving such aims may, in so far as they fall within the prohibition contained in Article 85 (1) of the Treaty, be exempted therefrom under certain conditions; whereas this applies in particular to agreements, decisions and concerted practices relating to the establishment of common risk premium tariffs based on collectively ascertained statistics or the number of claims, the establishment of standard policy conditions, common coverage of certain types of risks, the settlement of ...[+++]claims, the testing and acceptance of security devices, and registers of, and information on, aggravated risks;

Whereas it is necessary that insurance undertakings should possess, over and above technical reserves of sufficient amount to meet their underwriting liabilities, a supplementary reserve, to be known as the solvency margin, and represented by free assets, in order to provide against business fluctuations ; whereas in order to ensure that the requirements imposed for such purposes are determined according to objective criteria, whereby undertakings of the same size are placed on an equal footing as regards competition, it is desirable to provide that such margin shall be related to the overall volume of business of the undertaking and be ...[+++] determined by reference to two indices of security, one based on premiums and the other on claims;

For a period of one year they have a priority status for reappointment to the public service, and the Workforce Adjustment Directive, the Early Departure and Retirement Incentive Programs and the Executive Employment Transition Policy do not apply to the employees so designated, and this act makes such programs inapplicable.

However this decline may be offset by the fact that suckler cow numbers have increased by 20% since 1990. - the level of live imports, which in the Commission view should be maintained at the maximum level of 425,000 head - the dissuasive effect of the intervention price reduction to (175 ECU/100 kg - in a safety net situation in 1995/96, i.e. 30% compared to 1992) on farmers who may be tempted to keep a number of cattle which are not eligible for a premium - the impact of the CAP Reform density measures which oblige producers to reduce stacking rates from 3.5 livestock units ...[+++] (l.u) in 1993 to 2.0 l.u in 1996, together with the incentive of 30 ECU/head if stocking rates are reduced to less than 1.4 l.u/hectare. - the impact of reducing the maximum carcase weight eligible for intervention which will decline to 340 kg on 1 July 1994.