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The Transition To A Single Insurance Market In The European Union

Author

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  • Karl C. Ennsfellner
  • Mark S. Dorfman

Abstract

The European single insurance market incorporates the member stales of the European Union (EU). The legal framework for the market was enacted on June 30, 1994. The framework provides, above all, for a closely integrated supervisory (regulatory) system, a single license for the whole market and single home country control. Currently, some significant obstacles are slowing the realization of the European single insurance market, while several important economic policy and public interest questions remain to be answered.

Suggested Citation

  • Karl C. Ennsfellner & Mark S. Dorfman, 1998. "The Transition To A Single Insurance Market In The European Union," Risk Management and Insurance Review, American Risk and Insurance Association, vol. 1(2), pages 35-53, January.
    • Handle: RePEc:bla:rmgtin:v:1:y:1998:i:2:p:35-53
    DOI: j.1540-6296.1998.tb00071.x
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    References listed on IDEAS

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    1. Gerd Weidenfeld, 1996. "The European Internal Insurance Market: Expectations, Assessments and Consequences for Business Policy from the Insurers' Point of View Questionnaire Results," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 21(1), pages 77-107, January.
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