EUROPEAN INSURANCE
Samenvatting
3 FV
2018 – 2019
,European Insurance samenvatting
GENERAL INTRODUCTION
1. Introduction
European Union:
1. Austria (Vienna) 17. Lithuania (Vilnius)
2. Belgium (Brussels) 18. Luxembourg
3. Bulgaria (Sofia) (Luxembourg)
4. Croatia (Zagreb) 19. Malta (Valetta)
5. Cyprus (Nicosia) 20. The Netherlands
6. Czech Republic (Amsterdam)
(Prague) 21. Poland (Warsaw)
7. Denmark 22. Portugal (Lisbon)
(Copenhagen) 23. Romania (Bucharest)
8. Estonia (Tallinn) 24. Slovakia (Bratislava)
9. Finland (Helsinki) 25. Slovenia (Ljubljana)
10. France (Paris) 26. Spain (Madrid)
11. Germany (Berlin) 27. Sweden (Stockholm)
12. Greece (Athens) 28. United Kingdom
13. Hungary (Budapest) (London)
14. Ireland (Dublin)
15. Italy (Rome)
16. Latvia (Riga)
Laura Cooreman 2
, European Insurance samenvatting
European Economic Community: EU + Norway, Iceland and Lichtenstein
2. History of the EU
2.1.Origin and predecessors
Data’ s kennen
ECSC: European Coal and Steel Community
Objective to create a common market for coal and steel (no borders + no tariffs)
o Why coal and steel? Main energy in the past, u need energy and electricity to run
your economy. The basic layers of an economy. It was also for exchanging
information, crucial info about statistics and so one.
Original members: BeNeLux, W-Germany, France and Italy
1951 – 2002
EEC: European Economic Community
1957 – 2009
Same original members
Expanded gradually
Aim:
o Customs union: Car manufacturers can import parts quickly from countries within
the EU without fees and paperwork. Outside the EU Customs Union, businesses
could face extra fees and border checks. https://www.youtube.com/watch?v=h6oXcVT1ldU
o Common policy in relation to agriculture, transport, …
1993: changed to EC (European Community)
EURATOM
European Community for Nuclear Energy
1958 – present
Similar purpose as ECSC – sensitive, important, yet dangerous industry
→ Similar to coal and steel but with nuclear energy
Subject of criticism: bureaucratic
European Union
Established in 1993 through the Maastricht Treaty
Main objective: one currency (euro)
o Requires financial stability
o Conditions: debt does not exceed 60% of GDP 1 + Annual deficit does not exceed 3%
of GDP
3 pillars:
o The EC-pillar
o Common foreign and security policy
o Justice and Home Affairs (example: Europol, the “equivalent” of the FBI)
Completely changed through Lisbon Treaty
1
GDP = Gross Domestic Product = the total of all value added created in an economy. The value added means the value of
goods and services that have been produced minus the value of the goods and services needed to produce them, the so
called intermediate consumption.
Laura Cooreman 3
Samenvatting
3 FV
2018 – 2019
,European Insurance samenvatting
GENERAL INTRODUCTION
1. Introduction
European Union:
1. Austria (Vienna) 17. Lithuania (Vilnius)
2. Belgium (Brussels) 18. Luxembourg
3. Bulgaria (Sofia) (Luxembourg)
4. Croatia (Zagreb) 19. Malta (Valetta)
5. Cyprus (Nicosia) 20. The Netherlands
6. Czech Republic (Amsterdam)
(Prague) 21. Poland (Warsaw)
7. Denmark 22. Portugal (Lisbon)
(Copenhagen) 23. Romania (Bucharest)
8. Estonia (Tallinn) 24. Slovakia (Bratislava)
9. Finland (Helsinki) 25. Slovenia (Ljubljana)
10. France (Paris) 26. Spain (Madrid)
11. Germany (Berlin) 27. Sweden (Stockholm)
12. Greece (Athens) 28. United Kingdom
13. Hungary (Budapest) (London)
14. Ireland (Dublin)
15. Italy (Rome)
16. Latvia (Riga)
Laura Cooreman 2
, European Insurance samenvatting
European Economic Community: EU + Norway, Iceland and Lichtenstein
2. History of the EU
2.1.Origin and predecessors
Data’ s kennen
ECSC: European Coal and Steel Community
Objective to create a common market for coal and steel (no borders + no tariffs)
o Why coal and steel? Main energy in the past, u need energy and electricity to run
your economy. The basic layers of an economy. It was also for exchanging
information, crucial info about statistics and so one.
Original members: BeNeLux, W-Germany, France and Italy
1951 – 2002
EEC: European Economic Community
1957 – 2009
Same original members
Expanded gradually
Aim:
o Customs union: Car manufacturers can import parts quickly from countries within
the EU without fees and paperwork. Outside the EU Customs Union, businesses
could face extra fees and border checks. https://www.youtube.com/watch?v=h6oXcVT1ldU
o Common policy in relation to agriculture, transport, …
1993: changed to EC (European Community)
EURATOM
European Community for Nuclear Energy
1958 – present
Similar purpose as ECSC – sensitive, important, yet dangerous industry
→ Similar to coal and steel but with nuclear energy
Subject of criticism: bureaucratic
European Union
Established in 1993 through the Maastricht Treaty
Main objective: one currency (euro)
o Requires financial stability
o Conditions: debt does not exceed 60% of GDP 1 + Annual deficit does not exceed 3%
of GDP
3 pillars:
o The EC-pillar
o Common foreign and security policy
o Justice and Home Affairs (example: Europol, the “equivalent” of the FBI)
Completely changed through Lisbon Treaty
1
GDP = Gross Domestic Product = the total of all value added created in an economy. The value added means the value of
goods and services that have been produced minus the value of the goods and services needed to produce them, the so
called intermediate consumption.
Laura Cooreman 3
