The ability of Romanian insurers to cover technical reserves under present conditions

Cristina Mihaela Nagy (), Bogdan Cotlet (), Dumitru Cotlet () and Marina Uher ()
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Cristina Mihaela Nagy: University "Tibiscus" of Timisoara
Marina Uher: West University of Timisoara

Anale. Seria Stiinte Economice. Timisoara, 2012, vol. XVIII, 392-399

Abstract: The insurance companies are required to cover gross technical reserves with permitted assets in accordance with the legal regulations in force, namely prudential rules issued by the Insurance Supervisory Commission in accordance with the European directives on the matter, and the coverage of the gross technical reserves, is an important indicator in the insurance sector because it reflects the ability of companies to honor their obligations to the insured.

Keywords: insurance companies; the gross technical reserves; permitted assets (search for similar items in EconPapers)
JEL-codes: G22 M41 (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:tdt:annals:v:xviii:y:2012:p:392-399

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