The future of the insurance industry in the European internal market

Date of publication: June 15, 1990

Author: Jorg Badenhoop

Abstract:

Within the Single European market programme of the Commission the insurance industry, too, is confronted with structural changes within the years to come. As the EEC-Commission intends to open up the market without prior harmonization, every member state has to check its own legal order with a view to possible competitive dis- advantages to the domestic companies. Particularly countries like the Federal Republic of Germany who dispose of a strong state supervision system have most to loose in this respect.

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