Features of the insurance companies activities: from establishment to inspections by regulators

Insurance has great potential to contribute to the economic and social development of the country, reserves maneuvering, satisfy interests in protecting property and income of legal entities and individuals, and has received one of the leading roles in shaping the entire system of economic security of the country.

But at the same time, such a role becomes real only at the proper level of development of the insurance business, in order to achieve which this, it is necessary first of all to comply with current legislation in the field of financial services.

Valerii Bondar, General Director of HLB Ukraine, spoke in more detail about the activities of insurance companies and their control by regulators in the article «Features of the insurance companies activities: from establishment to inspections by regulators».

The article was published in the journal «JURIST&LAW» (No. 36, 2019).

The article is available in Ukrainian and Russian.

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