Activities of Matteo SALVINI related to 2011/2010(INI)
Shadow opinions (1)
OPINION on Insurance Guarantee Schemes
Amendments (4)
Amendment 5 #
Draft opinion
Paragraph 1
Paragraph 1
1. Believes that, should the full implementation of Solvency II and the new supervisory system fail to provide adequate protection for consumers, the adoption of a common Insurance Guarantee Scheme (IGS) at EU level and the adjustment of the diverse IGS regimes existing in Member States would effectively improve citizens’ confidence, protect consumers’ and taxpayers’ rights and enhance market stability, in the insurance sector in particular and in internal market and financial services in general; therefore welcomes the Commission’s initiative to establish an IGS at European level;
Amendment 16 #
Draft opinion
Paragraph 3
Paragraph 3
3. Argues that in order to ensure comprehensive protection for policyholders and beneficiaries, the IGS should not be thebe a last- resort mechanism, and urges the Commission to retain and take into account other existing protection mechanisms;
Amendment 21 #
Draft opinion
Paragraph 4
Paragraph 4
4. Believes that future IGSs should be based on the home Member State principle and provide a high degree and equal level of consumer protection for all natural persons – whether policyholders or other beneficiaries – covered by all types oflife insurance contract (life and non-life), especiallys in the event of insurer bankruptcy, insurer or intermediary mis- selling, or fraud;
Amendment 28 #
Draft opinion
Paragraph 6
Paragraph 6
6. Believes that the IGSs should give policyholders an opportunity to choose between financial compensation and transfer of their life insurance contract; considers that EU law on IGSs should ensure swift maximum compensation or a portfolio transfer whereby the policyholder would not suffer any loss of rights and privileges emanating from the policy;