Offshore Bond (French Assurance Vie) - PPB

[Philldn]

The list of eligible investment on an offshore bond (in a French Assurance Vie format) has been expanded by the provider to include about 100 blue chips shares which are part of the main indices (CAC 40, DAX, Ibex, etc..) of the eurozone.
The policyholder can select the investment into his offshore bond.
The policyholder which has only used 5 funds (the general insurance policy fund and 4 ETF) out of the more than 300 which were previously accessible (all of those being within the permissible categories) is now concerned about his offshore bond exposure to a PPB qualification even if he has no intention of investing into any of the shares now made available.

1) As the shares that are now available have been selected by the insurer, are listed on recognised stock exchange and are part of the main indices for each of those exchanges, does it shield the policyholder from a PPB risk?

2) What can the policyholder do to remove the PPB risk, if any whilst keeping its policy in place and continue to only select investments that are permissible

Views on this matter in general and 1 & 2 in particular would be most appreciated