Reliability margin-sine-die condition for the performance of insurance companies

Florin Ion Coana, Rodica Viorica Coana and Iudit Fodor
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Iudit Fodor: Aurel Vlaicu University, Arad

Finante - provocarile viitorului (Finance - Challenges of the Future), 2008, vol. 1, issue 7, 84-88

Abstract: In the European Union there are rules regarding the determination of the reliability margin and warranty funds. Thus authorized insurers on general insurances and/or life insurances by rightful institutions from EU member countries, have to permanently have an available reliability margin according to the activity they carry on. The available reliability margin will be at least equal to the minimum reliability margin. Romanian insurers estimate the available reliability margin, as well as the minimum reliability margin, from the regulations issued by the Insurance Surveillance Committee (ISC).

Keywords: reliability margin; profitability; safety fund; solvency; Basel Agreement (search for similar items in EconPapers)
JEL-codes: G00 G22 G28 (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:aio:fpvfcf:v:1:y:2008:i:7:p:84-88

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