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To life insurance. Therefore quite natural the interdiction is represented for
The founded affiliated societies of foreign insurers to perform operations on
To life insurance within first three years after registration and reception
Licences. Besides, it is necessary to establish as much as possible admissible quota
The foreign personnel working in the founded affiliated society.
Concerning insurance agents and insurance brokers expediently,
Being guided by operating Russian legislation, to forbid
Activity of foreign insurance agents and to save a procedure for registration in
The relation of foreign brokers.
Concerning sellers of the services accompanying insurance, it is necessary to enter
Requirements to education not more low, than to the Russian citizens having the right
On similar professional work, the conclusion of contracts of insurance
Professional responsibility with the Russian insurance organisations in
The established sizes, corresponding permissions and body recommendations
Supervision from the country of constant registration or a residence, experience presence
Jobs on a speciality not less than 5 years, passage of the Russian procedure
Licensings of corresponding activity or its permission.
THE COMPARATIVE TABLE
ACTS IN INSURANCE SPHERE
IN BULGARIA, THE CZECH REPUBLIC, HUNGARY, POLAND, BRAZIL AND CHILE
LEGISLATIVE AND REGULATING ELEMENTS
THE CZECH REPUBLIC
The law on insurance regulation
The law is accepted it1996
A series of acts and decisions 1991-1997
The law of 1995 and the governmental order 1986-1997
A series of laws and decisions of 1984-1995
A series of laws and decisions 1939-1996
A series of laws and decisions of 1931 and 1980-1994
Requirements on licensing of insurers
Operate. The insurance companies should have the joint-stock form or the form
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