Structure of Czech Insurance Entities in the Single European Insurance Market

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F20%3A10245369" target="_blank" >RIV/61989100:27510/20:10245369 - isvavai.cz</a>
Result on the web
<a href="https://www.ekf.vsb.cz/export/sites/ekf/icei/.content/galerie-souboru/ICEI-2020-Proceedings.pdf" target="_blank" >https://www.ekf.vsb.cz/export/sites/ekf/icei/.content/galerie-souboru/ICEI-2020-Proceedings.pdf</a>
DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Structure of Czech Insurance Entities in the Single European Insurance Market
Original language description
The Czech insurance market is a part of the single European insurance market. Insurance companies, insurance intermediaries and reinsurance companies have gradually gained an option to use this single European insurance market. They may operate based on the only a single authorization being granted in a home Member State under particular conditions and notification requirement to a supervisory authority of the home Member State. This created new obligations and rights for the entities. At the same time, new opportunities and threats related to participation in the single insurance market have opened up. Depending on the degree of integration into the economy of the host Member State, the entity operates under the right of freedom of establishment or the freedom to provide temporary services. The aim of the article is to assess the extent to which insurance market entities use the single insurance market, focusing on entities with seat in the Czech Republic. The analysis confirmed the hypothesis that entities prefer to operate on the basis of freedom to provide services over operations on the basis of establishment. At the same time, however, the fact that entities operating in the form of establishment also operate on the basis of freedom to provide services has been confirmed.
Czech name
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Czech description
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Publication year
2020
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Proceedings of the 5th International Conference on European Integration 2020 : December 3-4, 2020, Ostrava, Czech Republic
ISBN
978-80-248-4455-8
ISSN
2571-029X
e-ISSN
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Number of pages
7
Pages from-to
483-490
Publisher name
VŠB - Technical University of Ostrava
Place of publication
Ostrava
Event location
Ostrava
Event date
Dec 3, 2020
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
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