This paper provides a rationale for the macro-prudential regulation of insurance companies, where capital requirements … optimal regulation may be implemented by capital regulation (similar to that observed in practice, e.g., Solvency II ) and by … actuarially fair technical reserve. However, these instruments are not sufficient when insurance companies are exposed to systemic …

of insurance regulation in this relationship. We base our analysis on a theoretical model as well as a panel regression … insurance regulation in recent years. The theoretical results indicate that a loss experience should have a less positive effect … in developing economies than in developed economies. In addition, an enhancement of insurance regulation should make the …

The main objective of the paper is to discuss the EU private international law of the insurance contracts after the … entry into force of the Rome I Regulation. Its system of connecting factors is commonly criticised due to its complex and … casuistic character. The author believes that the current state of the Regulation in this respect should be amended. The paper …

potential insurance insurance features of the regulation of insurance may lead …The heart of insurance – what enables insurance to function – is risk aversion. It follows from the fact that potential … policyholders are risk averse that sometimes they are also averse to the risk that insurance covering a loss will not be available …