The Impact of G-SIIs Establishment on Insurance Sector Functioning – Selected Aspects

Robert Kurek

Abstract


The study characterizes the initiative providing for the special supervision mode over the insurance firms creating systemic risk – G-SIIs and the selected aspects of this initiative potential impact on the insurance market. The discussed potential impact was presented in the system of positive and negative influence on supervision institutions and insurance firms. The conclusion emphasizes that the solutions dedicated to a small number of insurance companies can have an indirect impact on the global insurance market functioning.


Keywords


insurance; supervisory authority; systemic risk

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References


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DOI: http://dx.doi.org/10.17951/h.2015.49.4.319
Date of publication: 2016-01-28 11:03:38
Date of submission: 2015-06-03 06:40:49


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