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European Insurance and Occupational Pensions Authority

3220

Q&A

Question ID: 3220

Regulation Reference: (EU) No 2009/138 - Solvency II Directive (Insurance and Reinsurance)

Topic: Other

Article: 13(13)

Status: Rejected

Date of submission: 07 Jan 2025

Question

In which EU regulation/directive/other is the term "property/immovable property" defined? If a property is situated in more than one member state how the risk should be allocated between them and respectively how the tax on the insurance premium should be apportioned? In addition, is a gas pipeline and any other pipeline deemed a immovable property?

EIOPA answer

This question has been rejected because the issue it deals with is already explained Article 13(13) of the Directive 2009/138/EC (Solvency II Directive). Please also note that the term "property/immovable property" is not defined in the Solvency II Directive.