Draudimo veiklos priežiūros teisinio reguliavimo raida atkūrus Lietuvos Respublikos nepriklausomybę (1990-2007 m.).
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The insurance market cannot function efficiently if there are no conditions for it, namely, if statutory regulation complying with the expectations of the society and the efficient supervision of the insurance market are absent. The necessity for statutory regulation of insurance activity and its supervision arises from the need to have an efficient, secure, fair, and stable insurance market that would ensure conditions for the development of the market and motivate competition. Yet the absence of this need should not shade the key aim of insurance supervision-to protect economic and social security of the participants of the insurance market in whose interests this market operates. Insurance supervisory activity is understood as an administrative supervisory activity of the insurance market carried out by the authorised state organisations. The activity aims to ensure the protection of the rights and interests of the customers receiving insurance services and the reliability, efficiency, security, and stability of the insurance system itself. After reestablishment of independence of the Republic of Lithuania, the private sector has been rapidly developing. One of the key prerequisites for the efficient development of the private sector is the accessibility of essential insurance services. Consequently, as early as 1990 the first Law on Insurance was adopted that legitimised the basis for private insurance activity and its supervision.
- Straipsniai / Articles