Why insurance?
Why does the state regulate insurance?
To ensure financial stability
Licensing belongs to which type of regulation?
Direct method
What does NAPP stand for and what does it do?
National Agency of Perspective Projects — it supervises the insurance market
What is the main law on insurance?
“On Insurance Activities”
What can be broken without making a sound, but disappears?
silence
What gets wet while drying?
A towel
Which invention allows people not only to talk but also to see each other from a distance?
Video calls / internet technology
Which country has no official capital city?
The Switzerland
What is the protection of insurance clients called?
Policyholders’ protection
What does prudential supervision control?
Capital, reserves, solvency
Under which authority does NAPP operate?
The President
Which legal document regulates insurance contracts and obligations?
The Civil Code
Why can’t sound be heard on the Moon?
There is no atmosphere
I always move forward but never go back. What am I?
time
Which language is the most widely used in the world (by total users)?
English
Which planet is known as the “Red Planet”?
Mars
What does state regulation help to develop?
The national financial market
Tax incentives belong to which type of regulation?
Indirect methods
What does NAPP control?
Licensing, reporting, and solvency
What are the legal acts issued by NAPP called?