Definition: Non-life-insurance enterprises

Category: Insurance services

Non-life insurance enterprises take up and pursue the self-employed activity of direct insurance covering the following risks of insurance: accident, sickness, land vehicles, railway rolling stock, aircraft, ships, goods in transit, fire and natural forces, other damage to property, motor vehicle liability, aircraft liability, liability for ships, general liability, credit, suretyship, miscellaneous financial loss and legal expenses.
Source:
European Union, First Council Directive 73/239/EEC of 24 July 1973 on the coordination of laws, regulations and administrative provisions relating to the taking-up and pursuit of the business of direct insurance other than life assurance (Official Journal of the European Communities No L 228, 16/08/1973, p. 3), Article 1
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