 SURVEY OF THE READINESS OF INSURANCE COMPANIES IN SERBIA FOR SOLVENCY IIMirjana Ilić, Veselin Avdalović and Milica Obadović Economic Annals, 2017, vol. 62, issue 215, 169 - 204 Abstract: The main objective of this paper is to analyse the readiness of the largest insurance companies operating in Serbia to implement the upcoming Solvency II regulation. The survey was conducted in 2014 using a questionnaire comprising 30 questions. It was sent to the seven biggest companies operating in Serbia during the research, which cover 80% of the market. The questionnaire covered both the organizational and technical profile of the insurance companies. The survey helped to understand the benefits and problems for the domestic insurance market that would result from the introduction of the Solvency II regime and the adjustment of current legislation to the European standard, and whether the insurance sector in Serbia will manage to overcome the obstacles and adopt the policies and procedures prescribed by Solvency II when required. Adopting the European Solvency II regulation means a complete reorganization of the insurance sector in Serbia, which has not been sufficie Keywords: Solvency II; Insurance; Regulations; Serbia (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:beo:journl:v:62:y:2017:i:215:p:169-204 Ordering information: This journal article can be ordered from Access Statistics for this article Economic Annals is currently edited by Will Bartlett More articles in Economic Annals from Faculty of Economics and Business, University of Belgrade Contact information at EDIRC. |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.