Supervision of conduct insurance services in the Republic of Serbia
Today, in almost all countries that insurance companies normally be swayed by the state once complete mind control, which operates from their inception to liquidation, and to form a permanent administrative control. The need to bring order to our country over the insurance has long been felt, howeve...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
University of Pristina in Kosovska Mitrovica, Faculty of Economics
2015-01-01
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| Series: | Ekonomski Pogledi |
| Subjects: | |
| Online Access: | https://scindeks-clanci.ceon.rs/data/pdf/1450-7951/2015/1450-79511501099K.pdf |
| _version_ | 1797224748001787904 |
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| author | Krulj-Mladenović Milica Mušikić Slađana |
| author_facet | Krulj-Mladenović Milica Mušikić Slađana |
| author_sort | Krulj-Mladenović Milica |
| collection | DOAJ |
| description | Today, in almost all countries that insurance companies normally be swayed by the state once complete mind control, which operates from their inception to liquidation, and to form a permanent administrative control. The need to bring order to our country over the insurance has long been felt, however, the Law on Insurance of Property and Persons of 1996, this process has largely been started. Later, modeled on the solutions from legislation in developed countries and solutions contained in the European Union, the Insurance Act of 2004, supervision of the insurance business in the Republic of Serbia has been entrusted to the National Bank of Serbia. In the business of insurance company supervision occupies a central place in the overall supervision of the activities of insurance. The purpose of monitoring is to provide high quality financial management, primarily forming, investing and depositing of technical and guarantee reserve, solvency and liquidity in the business, legal bookkeeping and maintaining solvency margin. The essence of control is that if the control procedure determines that there has been a breach of the obligations established by law and other regulations on insurance, NBS may take certain measures (from the least to the revocation of a license to conduct insurance business). |
| first_indexed | 2024-04-24T13:58:02Z |
| format | Article |
| id | doaj.art-97fd68a084464a6984312ce447f97e1c |
| institution | Directory Open Access Journal |
| issn | 1450-7951 2334-7570 |
| language | English |
| last_indexed | 2024-04-24T13:58:02Z |
| publishDate | 2015-01-01 |
| publisher | University of Pristina in Kosovska Mitrovica, Faculty of Economics |
| record_format | Article |
| series | Ekonomski Pogledi |
| spelling | doaj.art-97fd68a084464a6984312ce447f97e1c2024-04-03T16:28:33ZengUniversity of Pristina in Kosovska Mitrovica, Faculty of EconomicsEkonomski Pogledi1450-79512334-75702015-01-011719911910.5937/EkoPog1501099K1450-79511501099KSupervision of conduct insurance services in the Republic of SerbiaKrulj-Mladenović Milica0Mušikić Slađana1https://orcid.org/0000-0001-8251-423XVisoka poslovna škola strukovnih studija, Blace, SerbiaVisoka poslovna škola strukovnih studija, Blace, SerbiaToday, in almost all countries that insurance companies normally be swayed by the state once complete mind control, which operates from their inception to liquidation, and to form a permanent administrative control. The need to bring order to our country over the insurance has long been felt, however, the Law on Insurance of Property and Persons of 1996, this process has largely been started. Later, modeled on the solutions from legislation in developed countries and solutions contained in the European Union, the Insurance Act of 2004, supervision of the insurance business in the Republic of Serbia has been entrusted to the National Bank of Serbia. In the business of insurance company supervision occupies a central place in the overall supervision of the activities of insurance. The purpose of monitoring is to provide high quality financial management, primarily forming, investing and depositing of technical and guarantee reserve, solvency and liquidity in the business, legal bookkeeping and maintaining solvency margin. The essence of control is that if the control procedure determines that there has been a breach of the obligations established by law and other regulations on insurance, NBS may take certain measures (from the least to the revocation of a license to conduct insurance business).https://scindeks-clanci.ceon.rs/data/pdf/1450-7951/2015/1450-79511501099K.pdfsupervisioninsurancebusinessinsurancesupervision measures |
| spellingShingle | Krulj-Mladenović Milica Mušikić Slađana Supervision of conduct insurance services in the Republic of Serbia Ekonomski Pogledi supervision insurance business insurance supervision measures |
| title | Supervision of conduct insurance services in the Republic of Serbia |
| title_full | Supervision of conduct insurance services in the Republic of Serbia |
| title_fullStr | Supervision of conduct insurance services in the Republic of Serbia |
| title_full_unstemmed | Supervision of conduct insurance services in the Republic of Serbia |
| title_short | Supervision of conduct insurance services in the Republic of Serbia |
| title_sort | supervision of conduct insurance services in the republic of serbia |
| topic | supervision insurance business insurance supervision measures |
| url | https://scindeks-clanci.ceon.rs/data/pdf/1450-7951/2015/1450-79511501099K.pdf |
| work_keys_str_mv | AT kruljmladenovicmilica supervisionofconductinsuranceservicesintherepublicofserbia AT musikicslađana supervisionofconductinsuranceservicesintherepublicofserbia |