Abstract
Today, in almost all countries that insurance companies normally be swayed by the state once complete mind control, which operates from their inception to liquidation, and to form a permanent administrative control. The need to bring order to our country over the insurance has long been felt, however, the Law on Insurance of Property and Persons of 1996, this process has largely been started. Later, modeled on the solutions from legislation in developed countries and solutions contained in the European Union, the Insurance Act of 2004, supervision of the insurance business in the Republic of Serbia has been entrusted to the National Bank of Serbia. In the business of insurance company supervision occupies a central place in the overall supervision of the activities of insurance. The purpose of monitoring is to provide high quality financial management, primarily forming, investing and depositing of technical and guarantee reserve, solvency and liquidity in the business, legal bookkeeping and maintaining solvency margin. The essence of control is that if the control procedure determines that there has been a breach of the obligations established by law and other regulations on insurance, NBS may take certain measures (from the least to the revocation of a license to conduct insurance business).
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