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In the “You” tab, you can find all of your frequent trips on the saved trips screen. You can get information about your estimated time of arrival (ETA) and the traffic reports and the accidents along the way. Where available, we also show you other mobility services like public transport, scooter or bicycle rentals, and vehicle ride services.
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- To find the best route based on estimated traffic and transit schedules, change your travel date or time.
- Three generations of EU Directives applicable since the 1970s paved the way for an insurance market to operate on the basis of freedom of establishment and freedom to provide services within the European Union.
- Any partnerships or business relationships we may have with any transportation service providers do not influence the ranking of these services.
- Where available, we also show you other mobility services like public transport, scooter or bicycle rentals, and vehicle ride services.
- National supervisory authorities are required to incorporate them following a “comply or explain” process.
- When you enter a destination in Google Maps, we show you how to get there by different travel modes, like driving, cycling, or walking.
- This initiated the discussion among the European institutions, regulators and supervisors on the modernisation of the prudential framework for the supervision of insurance and reinsurance undertakings.
Generally, the most important factors are your mode preference, trip durations, and sometimes price. In 2009, a report was issued by the High-Level Group on Financial Supervision in the EU, chaired by Jacques de Larosière, echoeing the weaknesses in the supervisory and regulatory regime that contributed to the financial crisis. Due to its simplicity, lack of an economic risk-based approach and differences in implementation across the European Union, the existing regulation needed revision. To get a full view on the legal provisions, visit the Solvency II Single Rulebook, which provides a direct access to key regulatory and supervisory texts within the scope of EIOPA’s activity.
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Over time, the regulatory framework seemed increasingly ill-suited to supervise the industry. Implementing technical standards are legislative provisions made by the European Commission on the basis of advice received from EIOPA. To find the best route based on estimated traffic and transit schedules, change your travel date or time. You can get directions to multiple destinations for all modes of transportation except public transit or flight. The discussions took particular importance in the wake of the 2008 financial crisis. The crisis showed the importance of a harmonised understanding of the risks by all involved actors, and the need for considering wider implications for financial stability.
Solvency II legal provisions
It crystallised the need for bringing the regulatory framework at the forefront of modern risk management, reflecting the reality of large groups operating on a cross-border basis. The crisis also showed that the EU was not sufficiently equipped to ensure effective cooperation and coordination between national financial supervisory bodies as well as a consistent application of the legal framework across all Member States. Three generations of EU Directives applicable since the 1970s paved the way for an insurance market to operate on the basis of freedom of establishment and freedom to provide services within the European Union.
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These mobility services are provided by third parties who have made their transport data publicly available or who have a partner agreement with us. Any partnerships or business relationships we may have with any transportation service providers do not influence the ranking of these services. When you enter a destination in Google Maps, we show you how to get there by different travel modes, like driving, cycling, or walking. EIOPA issues guidelines and recommendations to establish consistent, efficient and effective supervisory practices and to ensure common and consistent application of Union law. National supervisory authorities are required to incorporate them following a “comply or explain” process. Get travel times and directions to places you might go next, like your home, work, or calendar appointments.
Features like Location sharing, Timeline, and divas casino Offline maps are available in the top right, in the profile picture or initial . In your Google Account, you can find directions from your home or work quicker when you set your home and work addresses. EIOPA issues opinions, decisions and protocols to increase the convergence of supervisory practices. The three pillars form a coherent approach that allow to understand and to manage risks across the sector.
- Generally, the most important factors are your mode preference, trip durations, and sometimes price.
- In 2009, a report was issued by the High-Level Group on Financial Supervision in the EU, chaired by Jacques de Larosière, echoeing the weaknesses in the supervisory and regulatory regime that contributed to the financial crisis.
- EIOPA issues opinions, decisions and protocols to increase the convergence of supervisory practices.
- Due to its simplicity, lack of an economic risk-based approach and differences in implementation across the European Union, the existing regulation needed revision.
- The three pillars form a coherent approach that allow to understand and to manage risks across the sector.
- Solvency II has a risk-based approach that enables to assess the “overall solvency” of insurance and reinsurance undertakings through quantitative and qualitative measures.
In 1999, the European Commission presented its paper on “The Review of the Overall Financial Position of an Insurance Undertaking”. This initiated the discussion among the European institutions, regulators and supervisors on the modernisation of the prudential framework for the supervision of insurance and reinsurance undertakings. Solvency II has a risk-based approach that enables to assess the “overall solvency” of insurance and reinsurance undertakings through quantitative and qualitative measures. Solvency II sets out requirements applicable to insurance and reinsurance companies in the EU with the aim to ensure the adequate protection of policyholders and beneficiaries. The transport options we show you are ranked based on the combination of objective factors designed to help you find relevant and useful info. These factors can include duration, distance, price, your mode preference, or the relevance of a mode to your query.