Resolution w sektorze ubezpieczeniowym – przesłanki, modelowe rozwiązania i wyzwania
Resolution in the insurance sector – premises, model solutions and challenges

Summary/Abstract: The analysis of the crisis management system in the insurance sector shows that it is necessary to strengthen it. The most important missing elements are the broad powers of public authorities, the sources of financing of anti-crisis measures, as well as the principles of international cooperation in times of crisis. The answer to the identified deficiencies is the resolution procedure, the introduction of which is planned in the EU, which is in line with international recommendations. The necessary ele- ments of the resolution system in the insurance sector include: appointment of resolution authorities, providing resolution authorities with a wide scope of powers ensuring the possibility of implementing resolution tools, the obligation to prepare resolution plans, establishing a resolution financing frame- work and establishing a cross-border crisis management framework. The introduction of a resolution framework will, however, involve many challenges at the stage of its agreement at the EU level, creat- ing a resolution framework at the national level and as part of preparing insurers to extend the scope of competences of the financial safety net.

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