Regulation of the Insurance Industry

Massimiliano Maggioni and Giuseppe Turchetti
Additional contact information
Massimiliano Maggioni: University of Milano
Giuseppe Turchetti: Sant’Anna School of Advanced Studies

Chapter 4 in Fundamentals of the Insurance Business, 2024, pp 53-66 from Springer

Abstract: Abstract The chapter aims to explain the main sources of insurance legislation in Europe. The first paragraphs offer the overview of the evolution of the insurance legislation, as the current structure of legislation in the insurance industry is the outcome of a long process of European harmonising started with the Treaty of Rome in 1957. As explained in the chapter, the European approach of discipline of the insurance industry had been first developed over three issues of directives (freedom of establishment, freedom of services and home country control), and more recently developed in a definitive set of regulations in four macro-areas: customer protection and distribution of insurance products, risk control and corporate management, supervision of insurance undertakings and pension provision.

Keywords: Freedom of establishment (FoE); Freedom of services (FoS); Home country control; EU Regulations; EU Directive; Decision; Regulatory technical standards (RTS); Implementing technical standards (ITS); Solvency II; IDD insurance distribution directive (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sptchp:978-3-319-52851-9_4

Ordering information: This item can be ordered from
http://www.springer.com/9783319528519

DOI: 10.1007/978-3-319-52851-9_4

Access Statistics for this chapter

More chapters in Springer Texts in Business and Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().