A Comparative Analysis of Transparency in Insurance Regulation and Supervisory Law of Selected European Jurisdictions

Abstract

Solvency II Directive and Insurance Distribution Directive have introduced harmonised rules across the European Union. This chapter compares the transparency as outlined in these Directives and the insurance regulation and supervisory laws in the EU Member States, which are included in the analysis made in this book. The different harmonisation pursued by the above Directives—maximum v. minimum—could result in differences in the transposition of the principle of transparency in these Member States.