P9_TA(2024)0294 – Establishing a framework for the recovery and resolution of insurance and reinsurance undertakings – European Parliament legislative resolution of 23 April 2024 on the proposal for a directive of the European Parliament and of the Council establishing a framework for the recovery and resolution of insurance and reinsurance undertakings and amending Directives 2002/47/EC, 2004/25/EC, 2009/138/EC, (EU) 2017/1132 and Regulations (EU) No 1094/2010 and (EU) No 648/2012 (COM(2021)0582 – C9-0365/2021 – 2021/0296(COD)) (Ordinary legislative procedure: first reading)
Date: 2024-04-23
Institutions: Committee on Economic and Monetary Affairs, Committee on Legal Affairs, European Parliament
Subjects: aid to undertakings, company in difficulties, financial risk, financial supervision, holding company, insurance company, insurance law, parent company, reinsurance, risk management




C_202503721EN.000101.fmx.xml












Official Journal of the European Union


EN
C series













C/2025/3721


17.9.2025






P9_TA(2024)0294

Establishing a framework for the recovery and resolution of insurance and reinsurance undertakings


European Parliament legislative resolution of 23 April 2024 on the proposal for a directive of the European Parliament and of the Council establishing a framework for the recovery and resolution of insurance and reinsurance undertakings and amending Directives 2002/47/EC, 2004/25/EC, 2009/138/EC, (EU) 2017/1132 and Regulations (EU) No 1094/2010 and (EU) No 648/2012 (COM(2021)0582 – C9-0365/2021 – 2021/0296(COD))


(Ordinary legislative procedure: first reading)

(C/2025/3721)



The European Parliament,







—


having regard to the Commission proposal to Parliament and the Council (COM(2021)0582),










—


having regard to Article 294(2) and Article 114 of the Treaty on the Functioning of the European Union, pursuant to which the Commission submitted the proposal to Parliament (C9-0365/2021),










—


having regard to Article 294(3) of the Treaty on the Functioning of the European Union,










—


having regard to the opinion of the European Economic and Social Committee of 23 February 2022
                   (1),










—


having regard to the provisional agreement approved by the committee responsible under Rule 74(4) of its Rules of Procedure and the undertaking given by the Council representative by letter of 24 January 2024 to approve Parliament’s position, in accordance with Article 294(4) of the Treaty on the Functioning of the European Union,










—


having regard to Rule 59 of its Rules of Procedure,










—


having regard to the report of the Committee on Economic and Monetary Affairs (A9-0251/2023),










1.


Adopts its position at first reading hereinafter set out;










2.


Calls on the Commission to refer the matter to Parliament again if it replaces, substantially amends or intends to substantially amend its proposal;










3.


Instructs its President to forward its position to the Council, the Commission and the national parliaments.







(1)  
            OJ C 275, 18.7.2022, p. 45.






P9_TC1-COD(2021)0296


Position of the European Parliament adopted at first reading on 23 April 2024 with a view to the adoption of Directive (EU) 2025/… of the European Parliament and of the Council establishing a framework for the recovery and resolution of insurance and reinsurance undertakings and amending Directives 2002/47/EC, 2004/25/EC, 2007/36/EC, 2014/59/EU and (EU) 2017/1132 and Regulations (EU) No 1094/2010, (EU) No 648/2012, (EU) No 806/2014 and (EU) 2017/1129



(As an agreement was reached between Parliament and Council, Parliament's position corresponds to the final legislative act, Directive (EU) 2025/1.)




ELI: http://data.europa.eu/eli/C/2025/3721/oj
ISSN 1977-091X (electronic edition)