Vakuutusyhtiölaki
Vakuutusyhtiölaki refers to the Finnish legislation governing insurance companies. This law, officially the Act on Insurance Companies (Vakuutusyhtiölaki, 1062/2018), establishes the framework for the establishment, operation, and supervision of insurance companies in Finland. It sets out requirements for the authorization of insurance companies, their capital adequacy, governance, and risk management. The law aims to ensure the solvency of insurance companies and protect policyholders.
Key provisions of the Vakuutusyhtiölaki include regulations on the types of insurance that can be offered,
The Vakuutusyhtiölaki is administered by the Finnish Financial Supervisory Authority (Finanssivalvonta), which is responsible for supervising