PRUDENTIAL CONTROL AUTHORITY

Instruction No. 2013-I-04 establishing the monitoring statement for conventions under branch 26 – C26

The Prudential Control Authority,

Having regard to the Monetary and Financial Code, in particular Article L. 612-24;

Having regard to the Insurance Code, in particular Articles A. 344-8 and A. 441-6;

Having regard to the Mutual Code, in particular Articles A. 114-4 and A. 222-2;

Having regard to the Social Security Code, in particular Articles A. 931-11-15 and A. 932-4-2;

Having regard to the opinion of the Prudential Affairs Consultative Commission of May 13, 2013;

Decides:

Article 1

The annual detailed report provided for in Articles A. 344-8 of the Insurance Code, A. 114-4 of the Mutual Code, and A. 931-11-15 of the Social Security Code is supplemented by the table MONITORING STATEMENT FOR CONVENTIONS UNDER BRANCH 26 – C26 in the annex to this instruction.

It is submitted by the entities designated below, when they are authorized under branch 26 as defined in Articles R. 321-1 of the Insurance Code, R. 211-2 of the Mutual Code, and R. 931-2-1 of the Social Security Code:

1. Insurance companies exercising direct insurance activities mentioned in Article L. 310-1 of the Insurance Code and the companies mentioned in the last paragraph of the same article;
2. Mutuals and unions governed by Book II of the Mutual Code that have not concluded a substitution convention for the entirety of their operations practiced pursuant to Article L. 211-5 of the Mutual Code;
3. Provident institutions and unions of provident institutions governed by Title III of Book IX of the Social Security Code.

Article 2

The table MONITORING STATEMENT FOR CONVENTIONS UNDER BRANCH 26 – C26 is established in accordance with the provisions of Article A. 441-6 of the Insurance Code, A. 222-2 of the Mutual Code, and A. 932-4-2 of the Social Security Code, and in accordance with the technical modalities defined by the General Secretariat of the Prudential Control Authority.

Article 3

This instruction enters into force on December 31, 2013.

Article 4

This instruction will be published in the official register of the Prudential Control Authority.

Paris, May 28, 2013

The President of the Prudential Control Authority, [Christian NOYER]

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Instruction No. 2013-I-04 establishing the monitoring statement for conventions under branch 26 – C26
Annex

Monitoring Statement for Conventions under Branch 26 – C26

Name of the convention	Service Value	Acquisition Value	Theoretical Mathematical Provision	Technical Provisions	Fraction of profits allocated to the special technical provision	Amount of annuities	Uniform	Age-dependent	Special Technical Provision	Complementary Special Technical Provision	Management Provision	Value at 30 years	Value at 40 years	Value at 50 years	Value at 60 years

Prudential Control Authority 2