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This guide provides information on all key aspects of insurance regulation in Europe. It explains how the insurance industry works and how this affects the practitioner and the professional adviser.;The book deals primarily with the EC Directives relating to insurance and discusses them in the context of the European Single Market programme.
Special attention is paid to the 1992 programme of measures, including the principal directives - the Framework Directives and the Services Directives - and others such as the Accounts Directive and the various motor insurance Directives. Separate chapters look at distribution methods in the EC and at the rules relating to competition and mergers as they apply to insurance companies. Discussion of the Life and Non-Life Directives includes information on the current state of implementation in the EC member states.