Report on the Legal Framework of the Insurance Sector in Montenegro
The scope of this report – by Rokas (Podgorica) – is to present the legal regime framework related to insurance in Montenegro, which is as follows below
1-REGULATION
2-INSURANCE AND REINSURANCE COMPANIES, BRANCH OFFICES OF FOREIGN INSURANCE COMPANIES AND DIRECT PROVISION OF INSURANCE SERVICES, WHEN APPLICABLE
3- INSURANCE SUPERVISION
4-QUALIFICATIONS AND SUPERVISION OF THE MANAGEMENT
5- CAPITAL REQUIREMENTS AND RESERVES
6-INSURANCE INTERMEDIATION
7-TYPES OF COMPULSORY INSURANCES
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