Introduction of Solvency II regulation will enforce quantitative and qualitative supervisory controls over the insurance undertakings and will require considerably more effort from insurers. Together with IFRS, the accounting standards, Solvency II is going to dramatically reshape Romanian insurance market, to boost competitiveness and professionalism. This task demands a thorough research into the specific business models, organizational structure, scale of activities, information technologies and data flow structure, a course of action can be identified on a more general level.
展开▼
