CONTROL AND SUPERVISION OF INSURANCE COMPANIES

Insurance is subject to strict supervision and regulation in most countries, particularly for the protection of insured persons and for enhancing the role of such services in the process of economic development. The directives adopted by the European Commission in the field of insurance require bett...

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Bibliographic Details
Main Authors: Mihaela, Nagy Cristina, Franca, Mladin
Format: Conference Proceeding
Language:English
Subjects:
Control
Insurance industry
Regulation
Supervision
Online Access:Get full text
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Summary:Insurance is subject to strict supervision and regulation in most countries, particularly for the protection of insured persons and for enhancing the role of such services in the process of economic development. The directives adopted by the European Commission in the field of insurance require better cooperation between Member States, particularly as regards the supervisory system and, above all, to confer full supervisory rights on the national authorities of an EU Member State over insurance companies established in another State.
ISSN:1582-2680
1582-6333