EKONOMSKI I PRAVNI ASPEKTI OSIGURANJA MENADŽERA U REGIJI U SVIJETLU PRISTUPANJA EUROPSKOJ UNIJI / ECONOMIC AND LEGAL ASPECTS OF MANAGERS' INSURANCE IN THE REGION FROM THE ASPECT OF ACCESSION TO THE EUROPEAN UNION

Abstract

Article "Economic and Legal Aspects of D&O Insurance in the Region in the Light of Accession to the European Union", analyses trends in the insurance markets in the European Union and the region from the aspect of economics and law. How the Managers Liability is in direct dependence of globalization, the development of corporate governance, and the way of implementing the rules of business judgment in the legal regulations of individual countries, the problems brought by globalization and different legal bases in certain countries are highlighted. The main objective of the EU is to establish an internal market in which freedom of movement for services and capital is guaranteed. Consequently, a special emphasis is on the normative aspect, above all the rights of compulsory relations and corporate law, as well as on economic governance theories in the world, the EU and the region.In the region in the area of Liability Insurance, there are still many regulatory barriers, which can’t be corrected by secondary legislation, which also affect the quality and quantity of D & O Insurance, and even the terminology of this area. By joining the EU, the law gets a new historical dimension, which is undoubtedly associated with greater responsibility because ex post application of EU law is not possible, and for that reason the experiences of Slovenia and Croatia that have already been admitted have been included in the work with the intention of easier adaptation of the countries in the region.