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Safe Bank

Published: 2023-04-18

Consequences of insurance undertakings’ insolvency for their customers - bankruptcy and resolution

Anna Tarasiuk Logo ORCID , Bartosz Wojno
Section: Problems and Opinions
https://doi.org/10.26354/bb.3.1.90.2023

Abstract

The authors of this paper aimed at the analysis of the issue of resolution as a new concept of protection against the insolvency of an insurance company in the context of the consequences for its customers. Authors discuss selected issues related to the insolvency of insurance companies in the light of current and planned legal regulations, both national and European. Particular attention was paid to the currently applicable mechanisms of customer protection in the event of the insolvency of the insurance company. The issue of consistency of the resolution regime's assumptions with the values protected by the Polish legislator was also discussed. The authors also attempted to compare resolution and other insurance company insolvency scenarios, in particular from the point of view of the legitimacy of maintaining the continuity of insurance protection.

JEL Codes

JEL: K10, G22

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Citation rules

Tarasiuk, A., & Wojno, B. (2023). Consequences of insurance undertakings’ insolvency for their customers - bankruptcy and resolution. Safe Bank, 90(1), 42–57. https://doi.org/10.26354/bb.3.1.90.2023

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Vol. 90 No. 1 (2023)
Published: 2023-04-19


ISSN: 1429-2939
eISSN: 2544-7068
Ikona DOI 10.26354

Publisher
Bankowy Fundusz Gwarancyjny

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