I imagine what I want to write in my case, I write it in the search engine and I get exactly what I wanted. Thank you!
Valentina R., lawyer
EN
Language of the case: Italian
Applicant: Onix Asigurari SA
Respondent: Istituto per la Vigilanza Sulle Assicurazioni (Ivass)
Does Community law, in particular Article 40(6) of Directive 92/49/EEC, Commission Interpretative Communication 2000/C/43/03, paragraph 5, and the Community principle of home country control preclude an interpretative approach (such as that applied to Article 193(4) of the Codice delle Assicurazioni private, the Private Insurance Code) approved by Legislative Decree No 209 of 7 September 2005, endorsed by this Court) in accordance with which the supervisory authority of a State hosting an insurance operator under the freedom to provide services may, in cases of urgency and for the protection of the interests of insured persons and of persons entitled to insurance benefits, issue injunctions specifically prohibiting the conclusion of new contracts within the territory of the host State, on the grounds of the identified failure, whether pre-existing or supervening, assessed discretionarily, to satisfy a subjective precondition laid down for the purpose of the issue of authorisation to engage in insurance business, in particular the requirement of good repute?
Council Directive 92/49/EEC of 18 June 1992 on the coordination of laws, regulations and administrative provisions relating to direct insurance other than life assurance and amending Directives 73/239/EEC and 88/357/EEC (third non-life insurance Directive) (OJ 1992 L 228, p. 1).
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