Адміністративне правo і процес
ISSN: 2227-796X (Print), ISSN: 2617-8354 (Online)

Науково-практичний журнал‚ заснований Київським національним університетом імені Тараса Шевченка

 

Voitsekhovska I. M. The concept, content and features of the reinsurance business

    The article gives the general characteristics of reinsurance activities as separate type of economic activities. The author proves the inadmissibility of identifi cation of insurance and reinsurance activities and examines existing problems associated with it, and offers possible solutions. The article also analyzes the main features that characterize any economic activity and sets their special meaning inherent exclusively for reinsurance business.

    In particular, the article gives the necessity of delimitation of concepts such as: the need for insurance and reinsurance, insurable and reinsurable interest, insurance and reinsurance services. The article also shows the need for the existence of separate entities of reinsurance activities – reinsurers, which should not be confused with insurers, as well as the introduction of separate orders of the establishment and operation of data subjects. Based on the analysis the author concludes that reinsurance activities are separate and distinct kind of economic activity, which is characterized by its own distinctive features and has a particular meaning. Author also demonstrates the need for legislative confi rmation of the defi nition «reinsurance activity» and the introduction of its adequate legal regulation.

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