kindlustusseadusest
The Kindlustusseadus, or Insurance Act, is the primary legislation governing insurance activities in Estonia. It sets out the rules for insurance companies, insurance intermediaries, and insurance contracts, aiming to protect the interests of policyholders and ensure the stability of the insurance market. The act defines various types of insurance, including life insurance and non-life insurance, and outlines the requirements for obtaining an insurance license and operating as an insurer.
Key aspects covered by the Kindlustusseadus include the formation and supervision of insurance undertakings, solvency requirements,
The Financial Supervision Authority (Finantsinspektsioon) is responsible for overseeing the implementation and enforcement of the Kindlustusseadus.