REGULATION OF INSURANCE COMPANIES BY THE PRUDENTIAL APPROACH

The definition for the content, forms and methods of the prudential approach seems appropriate to the insurance regulation. The system of prudential regulation has the macro- and the micro- levels. The macro-prudential oversight basis is the control to the systemic risks and supervision to the syste...

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Auteur principal: G. A. Nasyrova
Format: article
Langue:RU
Publié: Real Economics Publishing House 2015
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Accès en ligne:https://doaj.org/article/caff061a27e64df981005593e5288d03
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Résumé:The definition for the content, forms and methods of the prudential approach seems appropriate to the insurance regulation. The system of prudential regulation has the macro- and the micro- levels. The macro-prudential oversight basis is the control to the systemic risks and supervision to the systemically important insurance organizations. Microprudentsial level involves the establishment of the list of prudential standards and supervision of their implementation by insurance companies.