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Recognises the foreign insurer provided that they are registered in To Poland, have the joint-stock form
It is resolved. But creation of branches is forbidden before agreement coming into force
The WTO on financial services
The easy approach of foreign insurers on the same is completely resolved
Conditions, as national insurers
The control over the foreign insurance companies
The same, as for foreign investments
The permission in case of possession of 15 % of actions and more, and special is required
Permissions for acquisition more than 20, 33, 50 and 75 % of voting actions.
The full foreign control is resolved with 1999it.
It is authorised only in life insurance.
In other cases to foreigners about 50 % of shares of company are authorised to have, but
No more than 33 % voting.
Branches and representations of foreign insurers
Creation is possible only since 2004
The permission of body of supervision is required
Are resolved since 1999
Expansion of kinds of activity is not authorised
Are not resolved
THE CZECH REPUBLIC
Presence of the state insurers
The resafety company from 10 % of actions at the state is created.
The state and federal bodies cannot carry out an investment in
The broker companies.
The state insurer who is now the joint-stock
The company competes to the private companies in the market
The state monopoly
In the field of medical and social insurance
The state insurer of export credits is created
Federal and state risks are monopoly, and foreign
Insurers are not admitted for their insurance. IRB (the state insurer)
Is in the lead in sphere of resafety business.
Restrictions on investment in financial tools
It is required to invest in the Bulgarian state papers, bank
Deposits, the real estate (maximum of 25 %) and the action (to 5 %)
As much as possible admissible norms of investment on each case are entered.
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