natgillin/translations-raw huggingface dataset:
Za ta namen se lahko upoštevajo vsi vidiki finančnega stanja zavarovalnice, ne da bil vnos iz virov, razen premij in prihodka od premij, sistematičen in stalen na tak način, da bi lahko dolgoročno ogrozil solventnost podjetja.
For this purpose, all aspects of the financial situation of an assurance undertaking may be taken into account, without the input from resources other than premiums and income earned thereon being systematic and permanent in such a way that it may jeopardize the undertaking's solvency in the long term.
Ti standardi so bili preneseni v zakonodajo Združenega kraljestva s Predpisi o zavarovalnicah (direktive o življenjskem zavarovanju) iz leta 1994.
These standards were transposed into UK legislation by the Insurance Companies (Third Insurance Directives) Regulations 1994.
S predpisom 18 je bil v Zakon o zavarovalnicah iz leta 1982 dodan oddelek 35B, s katerim je pravilno prenesena določba direktive, vključno z vsemi smernicami glede ustreznosti premij.
Regulation 18 of these regulations inserted section 35B into the ICA 1982, which rightly transposes the Directive’s provision, including all its guidelines on the adequacy of the premiums.
Zakonodaja Združenega kraljestva presega direktivo in zahteva, da imenovani aktuar družbe, ki opravlja dolgoročne posle, potrdi, da so premije iz pogodb, ki so bile sklenjene med finančnim letom, in prihodki od premij usklajeni s temi standardi.
UK legislation goes beyond the Directive and requires that the appointed actuary of a company carrying long-term business certify that premiums for contracts entered into during the financial year and the income earned thereon comply with these standards.
Ni jasne povezave z zadevo.
There is no clear link to the case.
Razlike med tretjo direktivo o življenjskem zavarovanju in izvedbenimi določbami: jih ni.
Divergences between the 3LD and implementing provisions : none found.
Člen 20 – Kritno premoženje (člen 22 kodificirane direktive)
Article 20 - Assets covering matching provisions (Article 22 of CD)
Ta člen določa nekaj splošnih smernic o naložbenih standardih, ki jih je treba upoštevati pri kritnem premoženju: zagotavljati morajo varnost, donosnost in tržnost naložb, ki morajo biti raznolike in ustrezno razpršene.
This article provides for some general guidelines on the investment standards the assets covering technical provisions must aim to meet: they must secure the safety, yield and marketability of its investments and must be diversified and adequately spread.
Pri kritnem premoženju se upošteva vrsta posla, ki ga opravlja zavarovalnica na tak način, da zagotovi varnost, donosnost in tržnost naložb, za katere podjetje poskrbi, da so raznolike in ustrezno razpršene.
The assets covering the technical provisions shall take account of the type of business carried on by an undertaking in such a way as to secure the safety, yield and marketability of its investments, which the undertaking shall ensure are diversified and adequately spread.
Revidirati bi bilo treba naložbeno strategijo družbe ELAS v daljšem časovnem obdobju in celo več desetletjih, da bi ugotovili, ali je bilo kritno premoženje varno in raznoliko.
It would be necessary to review the investment strategy of ELAS over a number of years and even decades to ascertain whether the assets covering the technical provisions were secure and diversified.
V vsakem primeru glavna sporna točka zadeve ni naložbeni standard kritnega premoženja, temveč mogoče pomanjkanje zadostnih rezerv.
In any case, the main contentious point in the case is not so much the investment standard of the assets covering technical provisions but rather the possible lack of sufficient reserving.
Člen 22 – Pravila za razpršenost naložb
Article 22 - Rules for investment diversification
Ta člen je povezan s pravili in načeli, ki jih morajo države članice upoštevati pri urejanju naložb zavarovalnic.
This article refers to the rules and principles that Member States must observe when regulating on assurance undertakings’ investments.
Zajema naložbene omejitve na posebne naložbe in tudi splošna naložbena načela za sprejemljive naložbe.
It covers, on the one hand, investment limits on specific assets and, on the other hand, general investment principles for admissible assets.
Kar zadeva kritno premoženje, domača država članica zahteva, da vsaka zavarovalnica vloži največ:
As regards the assets covering technical provisions, the home Member State shall require every assurance undertaking to invest no more than:
(a) 10 % svojih skupnih bruto zavarovalno-tehničnih rezervacij v en kos zemljišča ali stavbe ali v več kosov zemljišč ali stavb, ki so med seboj tako blizu, da se lahko štejejo kot ena naložba;
(a) 10 % of its total gross technical provisions in any one piece of land or building, or a number of pieces of land or buildings close enough to each other to be considered effectively as one investment;
(b) 5 % svojih skupnih bruto zavarovalno-tehničnih rezervacij v delnice in druge prenosljive vrednostne papirje, ki se štejejo kot delnice, v obveznice, dolžniške vrednostne papirje in druge instrumente denarnega in kapitalskega trga istega podjetja, ali v posojila, odobrena istemu posojilojemalcu, vzeto skupaj, pri tem pa gre za posojila, razen posojila državnemu, regionalnemu ali lokalnemu organu ali mednarodni organizaciji, katere članica je ena država članica ali več.
(b) 5 % of its total gross technical provisions in shares and other negotiable securities treated as shares, bonds, debt securities and other money- and capital-market instruments from the same undertaking, or in loans granted to the same borrower, taken together, the loans being loans other than those granted to a State, regional or local authority or to an international organization of which one or more Member States are members.
Ta omejitev se lahko poveča na 10 %, če podjetje ne vloži več kakor 40 % svojih bruto zavarovalno-tehničnih rezervacij v posojila ali vrednostne papirje izdajateljev in posojilojemalcev, tako da pri vsakem od njih vloži več kakor 5 % svojih sredstev;
This limit may be raised to 10 % if an undertaking invests not more than 40 % of its gross technical provisions in the loans or securities of issuing bodies and borrowers in each of which it invests more than 5 % of its assets;
(c) 5 % svojih skupnih bruto zavarovalno-tehničnih rezervacij v nezavarovana posojila, vključno z 1 % za vsako posamezno nezavarovano posojilo, razen posojil, odobrenih kreditnim institucijam, zavarovalnicam – če to dovoljuje člen 8 Direktive 79/267/EGS – in investicijskim podjetjem s sedežem v državi članici.
(c) 5 % of its total gross technical provisions in unsecured loans, including 1 % for any single unsecured loan, other than loans granted to credit institutions, assurance undertakings - in so far as Article 8 of Directive 79/267/EEC allows it - and investment undertakings established in a Member State.
Te omejitve se lahko povečajo na 8 oziroma na 2 % s sklepom, ki ga za vsak posamični primer sprejme pristojni organ domače države članice;
The limits may be raised to 8 and 2 % respectively by a decision taken on a case-by-case basis by the competent authority of the home Member State ;
(d) 3 % svojih skupnih bruto zavarovalno-tehničnih rezervacij v obliki gotovine;
(d) 3 % of its total gross technical provisions in the form of cash in hand;
(e) 10 % svojih skupnih bruto zavarovalno-tehničnih rezervacij v delnice, druge vrednostne papirje, ki se štejejo kot delnice, in dolžniške vrednostne papirje, s katerimi se ne trguje na urejenem trgu.
(e) 10 % of its total gross technical provisions in shares, other securities treated as shares and debt securities which are not dealt in on a regulated market.
Če v odstavku 1 ni omejitve na naložbe določene vrste, to ne pomeni, da je naložbo te vrste kot kritje za zavarovalno-tehnične rezervacije možno sprejeti brez omejitve.
The absence of a limit in paragraph 1 on investment in any particular category does not imply that assets in that category should be accepted as cover for technical provisions without limit.
Domača država članica določi bolj podrobna pravila glede pogojev za uporabo sprejemljivih naložb.
The home Member State shall lay down more detailed rules fixing the conditions for the use of acceptable assets.
Zlasti pri določanju in uporabi navedenih pravil zagotovi skladnost z naslednjimi načeli:
In particular it shall ensure, in the determination and the application of those rules, that the following principles are complied with:
(i) naložbe, ki krijejo zavarovalno-tehnične rezervacije, morajo biti raznovrstne in razpršene tako, da se zagotovi, da ni prekomernega zanašanja na eno vrsto naložb, naložbeno tržišče ali naložbo;
(i) assets covering technical provisions must be diversified and spread in such a way as to ensure that there is no excessive reliance on any particular category of asset, investment market or investment;
(ii) naložbe v določene vrste sredstev, za katera so značilne visoke ravni tveganja, bodisi zaradi vrste sredstev ali kakovosti izdajatelja, je treba omejiti na preudarne ravni;
(ii) investment in particular types of asset which show high levels of risk, whether because of the nature of the asset or the quality of the issuer, must be restricted to prudent levels;
(iii) pri omejitvah na določene vrste naložb je treba pri izračunu zavarovalno-tehničnih rezervacij upoštevati obravnavanje pozavarovanja;
(iii) limitations on particular categories of asset must take account of the treatment of reassurance in the calculation of technical provisions;
(iv) če sredstva vključujejo naložbo v hčerinsko podjetje, ki v imenu zavarovalnice upravlja vse njene naložbe ali njihov del, mora domača država članica pri uporabi pravil in načel, opredeljenih v tem
(iv) where the assets held include an investment in a subsidiary undertaking which manages all or part of the assurance undertaking's investments on its behalf, the home Member State must, when applying the rules and principles laid down in this
(v) odstotek kritnega premoženja, ki je predmet nelikvidnih naložb, je treba obdržati na preudarni ravni;
(v) the percentage of assets covering technical provisions which are the subject of non-liquid investments must be kept to a prudent level;
(vi) če naložbe vključujejo posojila, odobrena nekaterim kreditnim institucijam, ali dolžniške vrednostne papirje, ki so jih slednje izdale, lahko domača država članica pri uporabi pravil in načel iz tega člena, upošteva temeljna sredstva, ki jih imajo takšne kreditne institucije.
(vi) where the assets held include loans to or debt securities issued by certain credit institutions, the home Member State may, when applying the rules and principles contained in this Article, take into account the underlying assets held by such credit institutions.
Takšno obravnavanje je mogoče uporabiti le v primerih, ko ima kreditna institucija svoj sedež v državi članici, ko je v polni lasti te države članice in/ali lokalnih oblasti te države članice, njeni posli pa v skladu z aktom o ustanovitvi družbe in statutom obsegajo odobravanje – preko posrednika – posojil državi ali lokalnim organom ali posojil, za katera slednji izdajo garancije, ali posojil organom, ki so tesno povezani z državo ali lokalnimi organi.
This treatment may be applied only where the credit institution has its head office in a Member State, is entirely owned by that Member State and/or that State's local authorities and its business, according to its memorandum and articles of association, consists of extending, through its intermediaries, loans to, or guaranteed by, States or local authorities or of loans to bodies closely linked to the State or to local authorities.
V okviru podrobnih pravil glede pogojev za uporabo sprejemljivih naložb, država članica z večjimi omejitvami obravnava:
In the context of the detailed rules laying down the conditions for the use of acceptable assets, the Member State shall give more limitative treatment to:
– posojilo brez bančne garancije, garancije, ki jo izda zavarovalnica, hipoteke ali katere koli druge oblike poroštva, v primerjavi s posojili, ki takšno zavarovanje imajo,
- any loan unaccompanied by a bank guarantee, a guarantee issued by an assurance undertaking, a mortgage or any other form of security, as compared with loans accompanied by such collateral,
– KNPVP, ki niso usklajeni v smislu Direktive 85/611/EGS(¹), ter druge investicijske sklade, v primerjavi z KNPVP, ki so usklajeni v smislu navedene direktive,
- UCITS not coordinated within the meaning of Directive 85/611/EEC (¹) and other investment funds, as compared with UCITS coordinated within the meaning of that Directive,
– vrednostne papirje, s katerimi se ne trguje na urejenem trgu, v primerjavi s tistimi, s katerimi se trguje,
- securities which are not dealt in on a regulated market, as compared with those which are,
– obveznice, dolžniške vrednostne papirje ter druge instrumente denarnega in kapitalskega trga, ki jih ne izdajajo državni, lokalni ali regionalni organi ali podjetja, ki spadajo v cono A, opredeljeno v Direktivi 89/647/EGS(²), ali ki jih izdajajo mednarodne organizacije, med katerih članicami ni niti ene države članice Skupnosti, v primerjavi z enakimi finančnimi instrumenti, ki jih izdajajo taki organi.
- bonds, debt securities and other money- and capital-market instruments not issued by States, local or regional authorities or undertakings belonging to Zone A as defined in Directive 89/647/EEC (²), or the issuers of which are international organizations not numbering at least one Community Member State among their members, as compared with the same financial instruments issued by such bodies.
(²) Direktiva Sveta 89/647/EGS z dne 18. decembra 1989 o stopnji solventnosti kreditnih institucij (UL L 386, 30.
(²) Council Directive 89/647/EEC of 18 December 1989 on a solvency ratio for credit institutions (OJ No L 386, 30.
Države članice od zavarovalnic ne zahtevajo, da vlagajo v določene vrste naložb.
Member States shall not require assurance undertakings to invest in particular categories of assets.
Ne glede na odstavek 1 lahko domača država članica v izjemnih okoliščinah in na prošnjo zavarovalnice začasno in s primerno utemeljeno odločbo dovoli izjeme od pravil, določenih v 1(a) do (e), s pridržkom člena 20.
Notwithstanding paragraph 1, in exceptional circumstances and at the assurance undertaking's request, the home Member State may, temporarily and under a properly reasoned decision, allow exceptions to the rules laid down in paragraph 1 (a) to (e), subject to Article 20.
Zakonodaja Združenega kraljestva družbi ne nalaga neposrednih omejitev pri izbiri naložb.
UK legislation does not impose direct restrictions on a company’s choice of investments.
Vendar predpisi o vrednotenju naložb znatno neposredno vplivajo na naložbeno politiko družbe.
However, valuation of assets regulations exert a significant indirect influence over a company’s investment policies.
Predpisi o vrednotenju naložb z določitvijo, da so nekatere vrste naložb nesprejemljive, ali z omejitvijo vrednosti tistih naložb, ki se lahko upoštevajo za regulativne namene, spodbujajo družbe, da preudarno razpršijo naložbe z razmeroma nizkim tveganjem, ki so v skladu z zahtevami direktive o razpršenosti naložb.
Either by providing that certain type of assets are inadmissible or by limiting the value of those assets that can be taken into account for regulatory purposes, valuation of assets regulations encourage companies to hold a prudent spread of relatively low-risk assets, which are in line with the Directive’s prescriptions for investment diversification.
Naložbene omejitve na posebne naložbe: direktiva določa nekaj naložbenih omejitev na nekatere vrste naložb, ki so izražene v odstotku skupnih bruto zavarovalno-tehničnih rezervacij.
Investment limits on specific assets: the Directive prescribes some investment limits on certain type of assets expressed in terms of percentages of total gross technical provisions.
Na primer, v kos zemljišča je mogoče vložiti največ 10 %, v obliki gotovine 3 % itd.
For instance, no more than 10% can be invested in any piece of land, no more than 3% in the form of cash in hand, and so forth.
Tudi zakonodaja Združenega kraljestva podobno vključuje pravila, ki omejujejo največjo sprejemljivo vrednost vsake vrste naložb, ki se lahko upošteva za regulativne namene.
Similarly, UK legislation includes rules that impose a limit on the maximum admissible value of each type of asset that can be taken into account for regulatory purposes.
Kadar skupna izpostavljenost družbe naložbi katerega koli opisa preseže „največjo sprejemljivo vrednost“ za naložbe tega opisa, predpis 57 določa, da „se morajo izpustiti sredstva, ki so enaka vrednosti presežka“.
Regulation 57 provides that, where the aggregate exposure of the company to assets of any one description exceeds the “maximum admissible value” for assets of that description, “there shall be left out of account assets equal in value to the excess”.
Poleg tega predpis 57 določa, da je „največja sprejemljiva vrednost“ za družbo, ki opravlja dolgoročne posle, znesek, ki je enak odstotku „zneska dolgoročnega posla“ iz Priloge 12 k delu I.
Regulation 57 goes on to define “maximum admissible value” for a company carrying on long-term business as an amount equal to the percentage of the “long-term business amount” specified in Schedule 12, Part I.
Zakonodaja Združenega kraljestva v nasprotju z direktivo omejuje odstotek glede na „znesek dolgoročnega posla“ in ne glede na zavarovalno-tehnične rezervacije.
Unlike the Directive, UK legislation imposes the percentage restrictions by reference not to technical provisions but with regard to “long-term business amount”.
Ministrstvo za trgovino in industrijo je navedlo, da spremembe niso potrebne, ker so predpisi Združenega kraljestva v večini primerov bolj smotrni od pravil iz direktive.
The DTI argued that it was not necessary to introduce any changes because UK rules are, in the majority of cases, more prudent than the rules set out in the Directive.
Glej pripombe k členu 21.1 v WE 20, poročilo družbe Denton Wilde Sapte, „oddelek II.2.2“ tega dela.
See comments on article 21.1 in WE 20, Wilde Sapte Report, 'Section II.2.2' of this Part.
Na primer, največja sprejemljiva vrednost za gotovino je 3 % zneska dolgoročnega posla.
For instance, the maximum admissible value for cash is 3% of the long-term business amount.
Predpisi Združenega kraljestva ne določajo izrecno, da zavarovalnice ne smejo vložiti več kot 3 % v obliki gotovine, ampak določa, da presežek ne bo vštet v vrednotenje te posebne naložbe, če družba vloži več kot 3 % v obliki gotovine.
The UK rule does not expressly prescribe that assurance undertakings cannot invest more than 3% on cash; what the UK rule does prescribe is that, if the company does invest more than 3% on cash, the excess will not be counted for the valuation of that particular asset.
V nekaterih primerih so nacionalne omejitve skupne izpostavljenosti bolj smotrne od naložbenih omejitev iz direktive.
In some cases the national aggregate exposure limits are more prudent than the Directive’s investment limits.
Na primer, direktiva omejuje naložbe v kos zemljišča na največ 10 % skupnih bruto zavarovalno-tehničnih rezervacij družbe, medtem ko nacionalni ukrep omejuje skupno izpostavljenost družbe za kos zemljišča na največ 5 % zneska dolgoročnega posla zavarovalnice.
For instance, the Directive limits investments in any piece of land to up to 10% of the company’s total gross technical provisions, while the national measure limits the company’s aggregate exposure to a piece of land to up to 5% of the undertaking’s long-term business amount.
V drugih primerih so omejitve enake, na primer za delnice, ki ne kotirajo na borzi, (10 %) in gotovino (3 %).
In other cases the limits are the same, for instance for unlisted shares (10%) and cash (3%).
Predpisi Združenega kraljestva določajo tudi nekaj omejitev, ki jih direktiva ne predvideva, na primer 5 % za kapitalske deleže v odobreni skrbniški shemi, 5 % za računalniško opremo in 2,5 % za pisarniške stroje.
UK regulation goes on to prescribe some limits not prescribed by the Directive, for example, 5% on holdings in authorised unit trust schemes, 5% on computer equipment and 2.5% on office machinery.
Ta člen je povezan z zadevo s smislu odstavka 6, ki uvaja odstopno klavzulo od zahtev iz preostalega dela člena.
This article is linked to the case within the terms of paragraph 6, which introduces an escape clause to the requirements contained in the rest of the article.
V skladu s to določbo lahko domača država članica „v izjemnih okoliščinah“ in „na zahtevo zavarovalnice začasno in s primerno utemeljeno odločbo“ dovoli izjeme od pravil iz odstavka 1.
According to this provision, "in exceptional circumstances” and “at an assurance undertaking’s request”, the home Member State may “temporarily” and “under a properly reasoned decision" allow exceptions to the rules laid down in paragraph 1.
To je treba obravnavati v zvezi s členom 25 o minimalnem kapitalu in členom 21 o kritnem premoženju.
This needs to be seen in the context of Article 25 on the Solvency margin and Article 21 on assets allowed to cover technical provisions.
Pri tem se postavlja vprašanje, ali daje zakonodaja Združenega kraljestva zakonodajalcu (ministrstvu) širša pooblastila za odstopanje od predpisov o bonitetnem nadzoru od tistih, ki jih določa direktiva.
The issue at hand is whether UK legislation gives the regulator (the Secretary of State) broader powers than those prescribed by the Directive to waive regulations on prudential supervision.
Na ravni Združenega kraljestva lahko ministrstvo v skladu z oddelkom 68 Zakona o zavarovalnicah iz leta 1982 na zahtevo zavarovalnice ali z njenim soglasjem odstopi od uporabe predpisov o bonitetnem nadzoru.
At UK level, under section 68 of the 1982 ICA, the Secretary of State may, upon request or with the consent from an insurer, waive the application of prudential supervision rules.
Določba predvideva, da je lahko odločitev ministrstva „odvisna od pogojev“, s čimer zakonodajalcu jasno daje diskrecijsko pravico, da se odloči, ali bo uveljavil te pogoje ali ne.
The provision stipulates that the Secretary of State’s decision “may be subject to conditions”, clearly attributing to the regulator discretion to decide whether to impose those conditions or not.
Te pristojnosti so širše od pristojnosti, ki jih določa direktiva.
These seem to be broader powers than those prescribed by the Directive.
Člen 29 – Pogoji zavarovanja in premije (člen 34 kodificirane direktive)
Article 29 - Conditions of assurance and premiums (Article 34 of CD)
Cilj tega člena je spodbuditi države članice k sprejetju praks, ki manj omejujejo trgovino.
The aim of this article is to encourage Member States to adopt less trade restrictive practices.
Preprečuje, da bi države članice zahtevale predhodno potrjevanje posebnih zavarovalnih pogojev, premijskih cenikov, tehničnih podlag, ki se uporabljajo za izračun premijskih cenikov in zavarovalno-tehničnih rezervacij, ter drugih tiskovin, ki jih lahko zavarovalnica uporabi v svojem poslovanju z zavarovanci.
It prevents Member States requiring the prior approval of policy conditions, scales of premiums, technical bases used for calculating scales of premiums and technical provisions and other printed documents the insurer may use in its dealing with policyholders.
Države članice ne sprejmejo predpisov, s katerimi bi zahtevale predhodno potrjevanje ali sistematično obveščanje o splošnih in posebnih zavarovalnih pogojih, premijskih cenikih, tehničnih podlagah, ki se uporabljajo zlasti za izračun premijskih cenikov in zavarovalno-tehničnih rezervacij, ali o obrazcih in drugih tiskovinah, ki jih zavarovalnica namerava uporabljati v svojem poslovanju z zavarovalci.
Member States shall not adopt provisions requiring the prior approval or systematic notification of general and special policy conditions, scales of premiums, technical bases used in particular for calculating scales of premiums and technical provisions or forms and other printed documents which an assurance undertaking intends to use in its dealings with policy-holders.