Insurance-based investment products – review of some legal issues
Tuesday, 02 February 2021
Since enactment of the new Insurance Law in 2015, insurance undertakings in Serbia are provided with opportunity to offer to their clients insurance products where sum of insurance is wholly or partially exposed to market fluctuations and policyholders assumes investment risk. Such products – sometimes referred to as „unit-linked insurance products“, are collectively known as
- Published in Insights
Market Conduct Regulation in Serbian Insurance Sector
Thursday, 01 October 2020
What is market conduct regulation? Market conduct is second pillar of ongoing regulatory reform in the EU insurance law. While the “macro-economic” quantitative and qualitative prudential requirements are addressed through the rules established by the Solvency II directive, the “micro-economic” conduct risks are addressed through rules established by the Insurance Distribution Directive. Market conduct regulation
- Published in Insights
