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THE ABILITY OF ROMANIAN INSURERS TO COVER TECHNICAL RESERVES UNDER PRESENT CONDITIONS

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Author(s): CRISTINA MIHAELA NAGY | BOGDAN COTLEŢ | DUMITRU COTLEŢ | MARINA UHER

Journal: Anale : Seria Ştiinţe Economice. Timişoara
ISSN 1582-2680

Volume: XVIII;
Start page: 393;
Date: 2012;
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Keywords: insurance companies | the gross technical reserves | permitted assets

ABSTRACT
The insurance companies are required to cover gross technical reserves with permitted assets in accordance with the legal regulations in force, namely prudential rules issued by the Insurance Supervisory Commission in accordance with the European directives on the matter, and the coverage of the gross technical reserves, is an important indicator in the insurance sector because it reflects the ability of companies to honor their obligations to the insured.
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