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SM ISO690:2012 BOTNARI, Nadejda. Relevance of the regulatory framework in ensuring the sustainability of the insurance market. In: Globalization and Higher Education in Economics and Business Administratrion – GEBA: 2020. Challenges of COVID-19 Pandemics for Economics and Business Administration, Ed. 12, 22 octombrie 2020, Iași. Iași : Editura Universităţii „Alexandru Ioan Cuza” din Iași,, 2021, Ediția 12, pp. 11-22. |
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Globalization and Higher Education in Economics and Business Administratrion – GEBA Ediția 12, 2021 |
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Conferința "Globalization and Higher Education in Economics and Business Administratrion – GEBA" 12, Iași, Romania, 22 octombrie 2020 | ||||||
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JEL: G22 | ||||||
Pag. 11-22 | ||||||
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Rezumat | ||||||
The imperative of monitoring the insurance sector is based on the essential role of insurance companies in supporting economic activity, being a solid mechanism that contributes to the sustainability and growth of the national economy. Only few people and entities can effectively protect their property and other economic rights without relying on insurance. Insurance companies represent, also, important institutional investors, playing a key role in financing the real economy by investing in bonds, stocks and other assets. The main purpose of this article is to highlight the importance of the regulatory framework which undergoes a continuous metamorphosis, in order to ensure the stability and sustainability of the insurance market by managing and mitigating the specific risks of the case in question, in terms of compliance-based supervision. |
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Cuvinte-cheie Insurance, regulatory framework, insurance market, reserves, solvency, sustainability. |
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