Slovenia : Pilot Diagnostic Review of Governance of the Insurance Sector

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 Sloveni...

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Bibliographic Details
Main Author: World Bank
Format: Corporate Governance Assessment (ROSC)
Language:English
en_US
Published: Washington, DC 2013
Subjects:
IPO
TAX
Online Access:http://documents.worldbank.org/curated/en/2007/05/16403555/slovenia-pilot-diagnostic-review-governance-insurance-sector
http://hdl.handle.net/10986/12967
id okr-10986-12967
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACCESS TO INFORMATION
ACCOUNTING
ACCOUNTING STANDARDS
ACTUARIES
AMOUNT OF CAPITAL
ARBITRAGE
ASSET LIABILITY MANAGEMENT
AUDIT COMMITTEE
AUDIT COMMITTEES
AUDITORS
BALANCE SHEET
BALANCE SHEETS
BANK DEPOSITS
BANK RISK
BANKING SYSTEM
BANKRUPTCIES
BOND
BOND MARKET
BONDS
BUSINESS PERFORMANCE
CAPITAL ADEQUACY
CAPITAL FUND
CAPITAL MARKET
CAPITAL MARKETS
CAPITAL REQUIREMENTS
CHECKS
CIVIL CODE
COLLECTIVE INVESTMENT
COLLECTIVE INVESTMENTS
COMPANY LAW
COMPENSATION
COMPLIANCE COSTS
CONFLICTS OF INTEREST
CONSUMER CREDIT
CONSUMER PROTECTION
CONSUMERS
CONTINGENCY PLANS
CORPORATE BOND
CORPORATE FRAUD
CORPORATE GOVERNANCE
CORPORATE GOVERNANCE FRAMEWORK
CORPORATE GOVERNANCE REFORM
CORPORATE INSIDERS
CORPORATE INSOLVENCY
COUPONS
CREDIT RATING AGENCIES
CREDIT RISK
CREDIT RISKS
CREDITORS
DEBT
DEBT SECURITIES
DEFAULT RISK
DEFAULTS
DEGREE OF RISK
DEMOGRAPHIC
DIRECT ACCESS
DIRECT INVESTMENTS
ECONOMIC DEVELOPMENT
EMERGING MARKETS
EQUITY INVESTMENTS
EXCHANGE RATES
EXPENDITURES
FINANCIAL ASSETS
FINANCIAL CONGLOMERATES
FINANCIAL INFORMATION
FINANCIAL INFRASTRUCTURE
FINANCIAL INSTITUTIONS
FINANCIAL INTEGRATION
FINANCIAL MANAGEMENT
FINANCIAL MARKETS
FINANCIAL SECTOR
FINANCIAL SECTOR DEVELOPMENT
FINANCIAL SERVICES
FINANCIAL STATEMENTS
FIXED INCOME
FIXED INCOME SECURITIES
FOREIGN INSURERS
FOREIGN STOCK
GOVERNANCE ISSUES
GOVERNANCE PRACTICES
GOVERNMENT BONDS
GOVERNMENT OWNERSHIP
GROSS DOMESTIC PRODUCT
HEALTH CARE
HEALTH INSURANCE
HOLDING
HOLDINGS
IMMOVABLE PROPERTY
INCOMES
INITIAL PUBLIC OFFERING
INSURANCE
INSURANCE COMPANIES
INSURANCE COMPANY
INSURANCE COMPANY INVESTMENT
INSURANCE INDUSTRY
INSURANCE MARKET
INSURANCE PENETRATION
INSURANCE POLICIES
INSURANCE POLICY
INSURANCE PRODUCTS
INSURANCE REGULATIONS
INSURANCE SUPERVISION
INSURANCE SUPERVISORS
INSURER
INTEREST RATES
INTERNAL AUDIT
INTERNAL CONTROL
INTERNAL CONTROLS
INTERNATIONAL BANK
INTERNATIONAL BANKS
INTERNATIONAL CAPITAL
INTERNATIONAL CREDIT
INTERNATIONAL CREDIT RATING
INTERNATIONAL CREDIT RATINGS
INTERNATIONAL DEBATE
INTERNATIONAL INSTITUTIONAL INVESTORS
INTERNATIONAL INSURANCE
INVESTMENT FUND
INVESTMENT FUNDS
INVESTMENT PORTFOLIO
INVESTMENT PROJECTS
INVESTMENT PURPOSES
IPO
JURISDICTIONS
LEGAL FRAMEWORK
LEGAL OBLIGATION
LEGAL SYSTEM
LEGAL SYSTEMS
LENDERS
LIABILITY
LIEN
LIFE INSURANCE
LIFE INSURANCE COMPANIES
LIFE INSURANCE COMPANY
LIFE INSURANCE CONTRACT
LIFE INSURANCE POLICIES
LIFE INSURANCE PRODUCTS
LIMITED LIABILITY
LIMITED LIABILITY COMPANY
LIQUIDATION
LIQUIDITY
LIQUIDITY RISK
LOAN
LOAN PORTFOLIOS
LOCAL BUSINESS
LOCAL CURRENCY
LONG-TERM OBLIGATIONS
MARKET CAPITALIZATION
MARKET DISCIPLINE
MARKET DISCIPLINES
MARKET ENVIRONMENT
MARKET MECHANISMS
MARKET PARTICIPANTS
MARKET PLAYER
MARKET PRICE
MARKET RISK
MARKET SHARE
MATURITY
MINORITY SHAREHOLDERS
MORTGAGE
MUTUAL FUNDS
OPEN MARKET
OWNERSHIP STRUCTURE
PENSION
PENSION FUND
PENSION FUNDS
PENSION PRODUCTS
PENSION SYSTEM
PENSIONS
PORTFOLIO
PRIVATE PENSION
PRIVATE PENSION FUNDS
PRIVATE SECTOR DEVELOPMENT
PROGRAMS
PROTECTION OF POLICYHOLDERS
PRUDENTIAL STANDARDS
REAL ESTATE
REFORM PROGRAM
REGULATORS
REGULATORY REQUIREMENTS
REINSURANCE
REPLACEMENT RATES
RESERVE
RESERVES
RETURN
RETURNS
RETURNS ON EQUITY
RISK EVALUATION
RISK EXPOSURES
RISK MANAGEMENT
RISK MANAGEMENT SYSTEM
RISK MANAGEMENT SYSTEMS
SAVINGS
SECURITIES EXCHANGE
SETTLEMENT
SHARES OF INVESTMENT
SOLVENCY
STOCK EXCHANGE
STOCK EXCHANGES
STRONG CORPORATE GOVERNANCE
STRONG GOVERNANCE
SUPERVISORY AGENCIES
SUPERVISORY AGENCY
SUPERVISORY AUTHORITY
SUPERVISORY BOARD
SUPERVISORY BOARDS
TAX
TORT
TRANCHE
TRANCHES
TRANSACTION
TRANSFER RISKS
TRANSITION COUNTRIES
TRANSPARENCY
UNDERWRITING
VALUATIONS
spellingShingle ACCESS TO INFORMATION
ACCOUNTING
ACCOUNTING STANDARDS
ACTUARIES
AMOUNT OF CAPITAL
ARBITRAGE
ASSET LIABILITY MANAGEMENT
AUDIT COMMITTEE
AUDIT COMMITTEES
AUDITORS
BALANCE SHEET
BALANCE SHEETS
BANK DEPOSITS
BANK RISK
BANKING SYSTEM
BANKRUPTCIES
BOND
BOND MARKET
BONDS
BUSINESS PERFORMANCE
CAPITAL ADEQUACY
CAPITAL FUND
CAPITAL MARKET
CAPITAL MARKETS
CAPITAL REQUIREMENTS
CHECKS
CIVIL CODE
COLLECTIVE INVESTMENT
COLLECTIVE INVESTMENTS
COMPANY LAW
COMPENSATION
COMPLIANCE COSTS
CONFLICTS OF INTEREST
CONSUMER CREDIT
CONSUMER PROTECTION
CONSUMERS
CONTINGENCY PLANS
CORPORATE BOND
CORPORATE FRAUD
CORPORATE GOVERNANCE
CORPORATE GOVERNANCE FRAMEWORK
CORPORATE GOVERNANCE REFORM
CORPORATE INSIDERS
CORPORATE INSOLVENCY
COUPONS
CREDIT RATING AGENCIES
CREDIT RISK
CREDIT RISKS
CREDITORS
DEBT
DEBT SECURITIES
DEFAULT RISK
DEFAULTS
DEGREE OF RISK
DEMOGRAPHIC
DIRECT ACCESS
DIRECT INVESTMENTS
ECONOMIC DEVELOPMENT
EMERGING MARKETS
EQUITY INVESTMENTS
EXCHANGE RATES
EXPENDITURES
FINANCIAL ASSETS
FINANCIAL CONGLOMERATES
FINANCIAL INFORMATION
FINANCIAL INFRASTRUCTURE
FINANCIAL INSTITUTIONS
FINANCIAL INTEGRATION
FINANCIAL MANAGEMENT
FINANCIAL MARKETS
FINANCIAL SECTOR
FINANCIAL SECTOR DEVELOPMENT
FINANCIAL SERVICES
FINANCIAL STATEMENTS
FIXED INCOME
FIXED INCOME SECURITIES
FOREIGN INSURERS
FOREIGN STOCK
GOVERNANCE ISSUES
GOVERNANCE PRACTICES
GOVERNMENT BONDS
GOVERNMENT OWNERSHIP
GROSS DOMESTIC PRODUCT
HEALTH CARE
HEALTH INSURANCE
HOLDING
HOLDINGS
IMMOVABLE PROPERTY
INCOMES
INITIAL PUBLIC OFFERING
INSURANCE
INSURANCE COMPANIES
INSURANCE COMPANY
INSURANCE COMPANY INVESTMENT
INSURANCE INDUSTRY
INSURANCE MARKET
INSURANCE PENETRATION
INSURANCE POLICIES
INSURANCE POLICY
INSURANCE PRODUCTS
INSURANCE REGULATIONS
INSURANCE SUPERVISION
INSURANCE SUPERVISORS
INSURER
INTEREST RATES
INTERNAL AUDIT
INTERNAL CONTROL
INTERNAL CONTROLS
INTERNATIONAL BANK
INTERNATIONAL BANKS
INTERNATIONAL CAPITAL
INTERNATIONAL CREDIT
INTERNATIONAL CREDIT RATING
INTERNATIONAL CREDIT RATINGS
INTERNATIONAL DEBATE
INTERNATIONAL INSTITUTIONAL INVESTORS
INTERNATIONAL INSURANCE
INVESTMENT FUND
INVESTMENT FUNDS
INVESTMENT PORTFOLIO
INVESTMENT PROJECTS
INVESTMENT PURPOSES
IPO
JURISDICTIONS
LEGAL FRAMEWORK
LEGAL OBLIGATION
LEGAL SYSTEM
LEGAL SYSTEMS
LENDERS
LIABILITY
LIEN
LIFE INSURANCE
LIFE INSURANCE COMPANIES
LIFE INSURANCE COMPANY
LIFE INSURANCE CONTRACT
LIFE INSURANCE POLICIES
LIFE INSURANCE PRODUCTS
LIMITED LIABILITY
LIMITED LIABILITY COMPANY
LIQUIDATION
LIQUIDITY
LIQUIDITY RISK
LOAN
LOAN PORTFOLIOS
LOCAL BUSINESS
LOCAL CURRENCY
LONG-TERM OBLIGATIONS
MARKET CAPITALIZATION
MARKET DISCIPLINE
MARKET DISCIPLINES
MARKET ENVIRONMENT
MARKET MECHANISMS
MARKET PARTICIPANTS
MARKET PLAYER
MARKET PRICE
MARKET RISK
MARKET SHARE
MATURITY
MINORITY SHAREHOLDERS
MORTGAGE
MUTUAL FUNDS
OPEN MARKET
OWNERSHIP STRUCTURE
PENSION
PENSION FUND
PENSION FUNDS
PENSION PRODUCTS
PENSION SYSTEM
PENSIONS
PORTFOLIO
PRIVATE PENSION
PRIVATE PENSION FUNDS
PRIVATE SECTOR DEVELOPMENT
PROGRAMS
PROTECTION OF POLICYHOLDERS
PRUDENTIAL STANDARDS
REAL ESTATE
REFORM PROGRAM
REGULATORS
REGULATORY REQUIREMENTS
REINSURANCE
REPLACEMENT RATES
RESERVE
RESERVES
RETURN
RETURNS
RETURNS ON EQUITY
RISK EVALUATION
RISK EXPOSURES
RISK MANAGEMENT
RISK MANAGEMENT SYSTEM
RISK MANAGEMENT SYSTEMS
SAVINGS
SECURITIES EXCHANGE
SETTLEMENT
SHARES OF INVESTMENT
SOLVENCY
STOCK EXCHANGE
STOCK EXCHANGES
STRONG CORPORATE GOVERNANCE
STRONG GOVERNANCE
SUPERVISORY AGENCIES
SUPERVISORY AGENCY
SUPERVISORY AUTHORITY
SUPERVISORY BOARD
SUPERVISORY BOARDS
TAX
TORT
TRANCHE
TRANCHES
TRANSACTION
TRANSFER RISKS
TRANSITION COUNTRIES
TRANSPARENCY
UNDERWRITING
VALUATIONS
World Bank
Slovenia : Pilot Diagnostic Review of Governance of the Insurance Sector
geographic_facet Europe and Central Asia
Slovenia
description 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.
format Economic & Sector Work :: Corporate Governance Assessment (ROSC)
author World Bank
author_facet World Bank
author_sort World Bank
title Slovenia : Pilot Diagnostic Review of Governance of the Insurance Sector
title_short Slovenia : Pilot Diagnostic Review of Governance of the Insurance Sector
title_full Slovenia : Pilot Diagnostic Review of Governance of the Insurance Sector
title_fullStr Slovenia : Pilot Diagnostic Review of Governance of the Insurance Sector
title_full_unstemmed Slovenia : Pilot Diagnostic Review of Governance of the Insurance Sector
title_sort slovenia : pilot diagnostic review of governance of the insurance sector
publisher Washington, DC
publishDate 2013
url http://documents.worldbank.org/curated/en/2007/05/16403555/slovenia-pilot-diagnostic-review-governance-insurance-sector
http://hdl.handle.net/10986/12967
_version_ 1764420965620514816
spelling okr-10986-129672021-04-23T14:03:03Z Slovenia : Pilot Diagnostic Review of Governance of the Insurance Sector World Bank ACCESS TO INFORMATION ACCOUNTING ACCOUNTING STANDARDS ACTUARIES AMOUNT OF CAPITAL ARBITRAGE ASSET LIABILITY MANAGEMENT AUDIT COMMITTEE AUDIT COMMITTEES AUDITORS BALANCE SHEET BALANCE SHEETS BANK DEPOSITS BANK RISK BANKING SYSTEM BANKRUPTCIES BOND BOND MARKET BONDS BUSINESS PERFORMANCE CAPITAL ADEQUACY CAPITAL FUND CAPITAL MARKET CAPITAL MARKETS CAPITAL REQUIREMENTS CHECKS CIVIL CODE COLLECTIVE INVESTMENT COLLECTIVE INVESTMENTS COMPANY LAW COMPENSATION COMPLIANCE COSTS CONFLICTS OF INTEREST CONSUMER CREDIT CONSUMER PROTECTION CONSUMERS CONTINGENCY PLANS CORPORATE BOND CORPORATE FRAUD CORPORATE GOVERNANCE CORPORATE GOVERNANCE FRAMEWORK CORPORATE GOVERNANCE REFORM CORPORATE INSIDERS CORPORATE INSOLVENCY COUPONS CREDIT RATING AGENCIES CREDIT RISK CREDIT RISKS CREDITORS DEBT DEBT SECURITIES DEFAULT RISK DEFAULTS DEGREE OF RISK DEMOGRAPHIC DIRECT ACCESS DIRECT INVESTMENTS ECONOMIC DEVELOPMENT EMERGING MARKETS EQUITY INVESTMENTS EXCHANGE RATES EXPENDITURES FINANCIAL ASSETS FINANCIAL CONGLOMERATES FINANCIAL INFORMATION FINANCIAL INFRASTRUCTURE FINANCIAL INSTITUTIONS FINANCIAL INTEGRATION FINANCIAL MANAGEMENT FINANCIAL MARKETS FINANCIAL SECTOR FINANCIAL SECTOR DEVELOPMENT FINANCIAL SERVICES FINANCIAL STATEMENTS FIXED INCOME FIXED INCOME SECURITIES FOREIGN INSURERS FOREIGN STOCK GOVERNANCE ISSUES GOVERNANCE PRACTICES GOVERNMENT BONDS GOVERNMENT OWNERSHIP GROSS DOMESTIC PRODUCT HEALTH CARE HEALTH INSURANCE HOLDING HOLDINGS IMMOVABLE PROPERTY INCOMES INITIAL PUBLIC OFFERING INSURANCE INSURANCE COMPANIES INSURANCE COMPANY INSURANCE COMPANY INVESTMENT INSURANCE INDUSTRY INSURANCE MARKET INSURANCE PENETRATION INSURANCE POLICIES INSURANCE POLICY INSURANCE PRODUCTS INSURANCE REGULATIONS INSURANCE SUPERVISION INSURANCE SUPERVISORS INSURER INTEREST RATES INTERNAL AUDIT INTERNAL CONTROL INTERNAL CONTROLS INTERNATIONAL BANK INTERNATIONAL BANKS INTERNATIONAL CAPITAL INTERNATIONAL CREDIT INTERNATIONAL CREDIT RATING INTERNATIONAL CREDIT RATINGS INTERNATIONAL DEBATE INTERNATIONAL INSTITUTIONAL INVESTORS INTERNATIONAL INSURANCE INVESTMENT FUND INVESTMENT FUNDS INVESTMENT PORTFOLIO INVESTMENT PROJECTS INVESTMENT PURPOSES IPO JURISDICTIONS LEGAL FRAMEWORK LEGAL OBLIGATION LEGAL SYSTEM LEGAL SYSTEMS LENDERS LIABILITY LIEN LIFE INSURANCE LIFE INSURANCE COMPANIES LIFE INSURANCE COMPANY LIFE INSURANCE CONTRACT LIFE INSURANCE POLICIES LIFE INSURANCE PRODUCTS LIMITED LIABILITY LIMITED LIABILITY COMPANY LIQUIDATION LIQUIDITY LIQUIDITY RISK LOAN LOAN PORTFOLIOS LOCAL BUSINESS LOCAL CURRENCY LONG-TERM OBLIGATIONS MARKET CAPITALIZATION MARKET DISCIPLINE MARKET DISCIPLINES MARKET ENVIRONMENT MARKET MECHANISMS MARKET PARTICIPANTS MARKET PLAYER MARKET PRICE MARKET RISK MARKET SHARE MATURITY MINORITY SHAREHOLDERS MORTGAGE MUTUAL FUNDS OPEN MARKET OWNERSHIP STRUCTURE PENSION PENSION FUND PENSION FUNDS PENSION PRODUCTS PENSION SYSTEM PENSIONS PORTFOLIO PRIVATE PENSION PRIVATE PENSION FUNDS PRIVATE SECTOR DEVELOPMENT PROGRAMS PROTECTION OF POLICYHOLDERS PRUDENTIAL STANDARDS REAL ESTATE REFORM PROGRAM REGULATORS REGULATORY REQUIREMENTS REINSURANCE REPLACEMENT RATES RESERVE RESERVES RETURN RETURNS RETURNS ON EQUITY RISK EVALUATION RISK EXPOSURES RISK MANAGEMENT RISK MANAGEMENT SYSTEM RISK MANAGEMENT SYSTEMS SAVINGS SECURITIES EXCHANGE SETTLEMENT SHARES OF INVESTMENT SOLVENCY STOCK EXCHANGE STOCK EXCHANGES STRONG CORPORATE GOVERNANCE STRONG GOVERNANCE SUPERVISORY AGENCIES SUPERVISORY AGENCY SUPERVISORY AUTHORITY SUPERVISORY BOARD SUPERVISORY BOARDS TAX TORT TRANCHE TRANCHES TRANSACTION TRANSFER RISKS TRANSITION COUNTRIES TRANSPARENCY UNDERWRITING VALUATIONS 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. 2013-03-26T21:18:46Z 2013-03-26T21:18:46Z 2007-05 http://documents.worldbank.org/curated/en/2007/05/16403555/slovenia-pilot-diagnostic-review-governance-insurance-sector http://hdl.handle.net/10986/12967 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Corporate Governance Assessment (ROSC) Economic & Sector Work Europe and Central Asia Slovenia