O NOUA PERSPECTIVA IN DOMENIUL ASIGURARILOR – SOLVABILITATE II
A NEW APPROACH IN THE INSSURANCE AREA - SOLVABILITY II
Author(s): Simona Mihaela Popovici , Ionuţ Dragoş Luhan , Elena Toma Subject(s): Economy
Published by: Editura Universităţii Vasile Goldiş
Keywords: risk; guidelines; solvability; capital; funds
Summary/Abstract: The European Market of insurances was functioning before the appearance of the “Solvency II”norm according to very different norms.As a result, the need for a rethinking of the legal system in order to create the premise of the Single Market of Insurances was a must.This was possible under the form of a new guidelinesable to bring increased stability, transparence and competivity to the European market of insurances.The new norms concerning capital solvability are designed to guarantee a confidence climate to the potential insurance client whom is ultimately the main beneficiary of this legal proposition, which is due to come into effect in 2012.
Journal: Studia Universitatis Vasile Goldiş, Arad - Seria Ştiinţe Economice
- Issue Year: 18/2008
- Issue No: 2
- Page Range: 259-270
- Page Count: 12
- Language: Romanian