Solvency II an opportunity or challenge for insurance industry in Kosovo

The purpose of this assignment is to provide a research that will be used further during the dissertation. The research is focused at benefits of the Solvency II and possibilities that would follow its implementation in the insurance industry in Kosovo. This assignment will briefly explain how it is can be applied on to the Solvency I regime that exists in the insurance industry in Kosovo and potential for the insurance industry of Kosovo when Solvency II is implemented. For both of these methods of the Solvency I and II we tried to offer proper solutions. For this research we prepared a questionnaire for the top managers of the insurance companies and experts in this field. The questions focused on their perspective of the implementations of Solvency II on the insurance industry in Kosovo. We also have interviewed the director of insurance supervision at the Central Bank of Kosovo (CBK). The responses to the questionnaire are summarized in the following part of this research.