TITLE IGENERAL RULES ON THE TAKING-UP AND PURSUIT OF DIRECT INSURANCE AND REINSURANCE ACTIVITIES
CHAPTER VIIInsurance and reinsurance undertakings in difficulty or in an irregular situation
Article 136Identification and notification of deteriorating financial conditions by the insurance and reinsurance undertaking
Insurance and reinsurance undertakings shall have procedures in place to identify deteriorating financial conditions and shall immediately notify the supervisory authorities when such deterioration occurs.