Insurance activity, except life insurance

Insurance activity includes concluding and implementing contracts on non-life and life insurance or reinsurance, with the exception of mandatory social insurance.

In relation to the main hazards covered by insurance, insurance is classified into insurance types. Insurance which combines insurance of several types are classified into insurance sub-groups and insurance groups.

Insurance activity may be pursued by insurance companies with suitable status that have acquired a licence to carry out insurance transactions and for members of the Management Board, and have appointed a certified actuary.

The activities of insurance brokerage and insurance agency are related to insurance activity.

Conditions and evidence

Legal basis

Last updated: 05. 08. 2015