European Economic Area and Insurance: Difference between pages

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(EEA).
A contract designed to provide protection against specified types of risk or loss, by paying out to the insured party in the event that the insured loss occurs.  
 
A group of 31 countries comprising the European Union Member states plus Iceland, Norway and Liechtenstein, sometimes known collectively as the European 'Internal Market'.
Insurance is generally provided by specialist insurance companies, to whom an insurance premium is paid by the insured in advance.
 
 
====The four freedoms====
The EEA is established to apply EU legislation covering the 'four freedoms' throughout its 31 members.
 
These economic freedoms are the free movement of:
*Goods
*Services
*Persons and
*Capital
 
 
The EEA's important functions include anti money laundering activities.
 




== See also ==
== See also ==
* [[Brexit]]
* [[Assurance]]
* [[European Free Trade Association]]
* [[Captive insurance company]]
* [[European Union ]]
* [[Chartered Insurance Institute]]
* [[Free movement of labour]]
* [[Fixing instrument]]
* [[Hard Brexit]]
* [[IAIS]]
* [[Money laundering]]
* [[ILS]]
* [[Passporting]]
* [[Insurable]]
* [[Schengen Area]]
* [[Insurance risk]]
 
* [[Insure]]
[[Category:Context_of_treasury]]
* [[Option]]
[[Category:Accounting,_tax_and_regulation]]
* [[Premium]]
* [[Reinsurance]]
* [[Risk]]
* [[Risk response]]
* [[Trade credit insurance]]
* [[Transfer]]
* [[Underwriting]]

Revision as of 15:45, 11 December 2016

A contract designed to provide protection against specified types of risk or loss, by paying out to the insured party in the event that the insured loss occurs.

Insurance is generally provided by specialist insurance companies, to whom an insurance premium is paid by the insured in advance.


See also