Activities of Vicky FORD related to 2011/2010(INI)
Plenary speeches (1)
Insurance guarantee schemes (short presentation)
Amendments (2)
Amendment 13 #
Motion for a resolution
Recital J a (new)
Recital J a (new)
Amendment 55 #
Motion for a resolution – amending act
Paragraph 7
Paragraph 7
Draft opinion
Paragraph 7
Paragraph 7
7. Insists that new EU legislation should not result in the dilution of protection offered by existing IGS in Member States, and that consumers should not face any losses as a result of regulatory failure to adequately supervise insurers or intermediaries; calls consequently on the Commission to ensure that a European framework for IGS compensates policyholders for losses in full and without exception for all types of ior, at Member State’s discretion, a substantial majority of Life Insurance product losses in the event of insurer bankruptcy, insurer or intermediary mis- selling, or fraud, within a set period of time, within a set period of time that allows flexibility to allow for product portfolio transfer where appropriate first and that is consistent throughout Member States;