• citations in SCIndeks: 0
  • citations in CrossRef:0
  • citations in Google Scholar:[]
  • visits in previous 30 days:0
  • full-text downloads in 30 days:0


article: 4 from 5  
Back back to result list
2016, vol. 54, iss. 7-9, pp. 650-668
Management of joint stock insurance company regulated by the Insurance Law with special focus on Law on companies
Keywords: insurance companies; management; two-tiers model; requirements for members of management
Given the characteristics of the insurance business, regulating the organization of the insurance companies is left to the special law - Insurance Law (2014). In this way the problems caused by a mismatch of two laws, which regulate organisation of insurance companies - Insurance Law (2004) and the Law on Companies (2011), were solved and clear legal framework, which lays down the manner of establishment, bodies and competence of management was set. Two-tiers model is accepted as only model of organization of the insurance companies, requirements for members of management are separated from requirements for license to carry on insurance activities, competence of management are precisely specified. It is expressed in this article the justification of selection the two-ties model and also a precise listing of competence. On the other hand, requirements for members of management are not only separated from the requirements for license, but even partly from insurance Law and transferred to by-laws, whose certain articles resemble the articles of the law - Decision on implementing provisions of the insurance law relating to the insurance of license to carry on insurance/reinsurance activities and specific approvals of the National Bank of Serbia.


article language: Serbian
document type: unclassified
published in SCIndeks: 15/07/2016

Related records

No related records