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Deposition minimal requirements. In Bulgaria from insurers
It is required to deposit 3 % from the minimum size of the capital plus of 0,1 % for
Each carried out kind of insurance. Brazil demands from insurers,
Selling the policies nominated in index units to hold the special
Reserves. In the Czech Republic while it is required to deposit 10 million crones, but
This requirement is offered to be cancelled.
Standard requirements. In Poland it is impossible to take up risk in size
More than 15 % of the capital and technical reserves. In Brazil awards can be
Are paid in 7 receptions by instalments. In Chile awards and the insurance sums should
To be declared and fixed in a foreign currency, or in index units
(For clearness of comparison and for protection against inflation). The policy form should
To be officially approved in the Czech Republic and in certain cases in
The control over norm of profitableness of the national companies. In Poland it is required
Approval of the Ministry of Finance in case of an establishment of norm of profitableness in 10,
25 and 75 %. The Czech Republic plans to enter the similar requirement for 50
Requirements to reporting granting. In Brazil it is offered, that
The insurance companies published financial reports in certain means
The mass information, and the publication should be quarterly or even
Monthly in certain cases. In Chile the publication quarterly is required
And annual reports. In Poland and Brazil the special is ordered insurers
The report form.
The state monopolies. Despite the general liberalisation of the market
The insurance, some elements of the state monopoly in the insurance market
Still remain in sectors which are politically or socially
The sensitive. In the Czech Republic medical insurance and insurance
Social security - the state monopoly, while in
Hungary the state carries out insurance of export credits. In Brazil
Insurance of some federal or state governmental
Risks - the state monopoly, and foreign insurers are not supposed
In these sectors. Insurance of indemnification by worker - now
The state monopoly in Brazil, and the former state insurer
IRB still has a priority in reinsurance sphere.
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