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Sources and Tools of the Insurance Regulation in the European Union

  • Pierpaolo Marano
Chapter

Abstract

Insurance is traditionally a regulated industry because of the insurance business’s peculiarities. Since the 2007–2008 financial crisis, however, insurance has been experiencing a level of regulation that is not comparable to the previous one in several respects. This chapter aims to identify the key drivers of the regulatory activity on insurance carried out by the European Union (EU). However, the chapter will take into account the transnational dimension of the sources of this regulation, the different binding authority of the rules issued by the EU, and the involvement of the stakeholders in the decision-making process, rather than focusing on the detailed contents of such a regulation.

Keywords

Better Regulation Equivalence ESAs G-20 Hard law Joint Forum Joint Committee IAIS Mifidization Regulation Soft law 

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Copyright information

© The Author(s) 2017

Authors and Affiliations

  • Pierpaolo Marano
    • 1
  1. 1.Catholic University of the Sacred HeartMilanItaly

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