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Solvency Of Insurance Companies In The Romania

Author

Listed:
  • MARIA MIRABELA FLOREA IANC

    (UNIVERSITY "CONSTANTIN BRANCUSI", FACULTY OF ECONOMICS AND BUSINESS ADMINISTRATION)

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.

Suggested Citation

  • Maria Mirabela Florea Ianc, 2014. "Solvency Of Insurance Companies In The Romania," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 4, pages 274-276, August.
    • Handle: RePEc:cbu:jrnlec:y:2014:v:4:p:274-276
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