SOLVENCY OF INSURANCE COMPANIES IN THE ROMANIA

Maria Mirabela Florea Ianc
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Maria Mirabela Florea Ianc: UNIVERSITY "CONSTANTIN BRANCUSI", FACULTY OF ECONOMICS AND BUSINESS ADMINISTRATION

Annals - Economy Series, 2014, vol. 4, 274-276

Abstract: The insurance companies operating in a competitive and dynamic economic climate, so solvency is a very important problem. The guarantee funds protect policyholders against situations where insurers can not meet its contractual obligations, and supervisors constant attention is how to regulate the insurance business. Overall solvency of insurance companies show that has been achieved relative success in this area due to regulations adopted. Although in recent years the number of insolvency cases increased worrying emphasis on solvency control should lead to a reduction in the occurrence of such cases and the increased safety offered by insurance products.

Keywords: solvency; insurance companies; problem (search for similar items in EconPapers)
Date: 2014
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