Publication: Slovenia : Pilot Diagnostic Review of Governance of the Insurance Sector
Date
2007-05
ISSN
Published
2007-05
Author(s)
World Bank
Abstract
This review looks at the governance of
the insurance sector in Slovenia, analyzing the legal
framework and its enforcement and the adoption of corporate
governance principles by firms. It is intended to provide
policy makers and insurers in Slovenia, and other countries,
with insight into existing corporate practices, and to offer
a framework of good practices that can assist lawmakers in
their efforts to strengthen governance in the insurance
sector. The report may also contribute to the ongoing
international debate on good corporate governance practices
in insurance sector companies worldwide. It has three
objectives: improving the description of good practices
related to governance of insurance sectors; conducting a
diagnostic review of Slovenian insurance governance against
these benchmarks, and providing recommendations on ways of
further improving the corporate governance of the Slovenian
insurance sector. The review concludes with recommendations
for auditing and risk evaluation, and advises that, although
Slovenia's three finance regulators have served it well
to date, the regulatory and supervisory structure for the
finance sector is in need of more review before a joint
working group could be established to implement the legal,
organizational, media, and sequencing issues involved in
creating an integrated regulatory agency.
Citation
“World Bank. 2007. Slovenia : Pilot Diagnostic Review of Governance of the Insurance Sector. © Washington, DC. http://openknowledge.worldbank.org/entities/publication/dcf679af-a846-5861-8131-4615924c6b93 License: CC BY 3.0 IGO.”