Legea nr.237/2015 privind autorizarea şi supravegherea activităţii de asigurare şi reasigurare

This law establishes the framework for authorizing and supervising insurance and reinsurance companies operating in Romania. It aims to ensure the financial stability and proper functioning of the insurance market, protecting policyholders. The law affects insurance and reinsurance providers, as well as individuals and businesses who purchase insurance policies. It sets requirements for licensing, capital, and conduct of business for these entities.