Changing The Legal System of Insurance and Reinsurance Companies and its effects

Abstract

Insurance and reinsurance companies often find themselves forced to change their legal systems, either partially or completely, through transformations, mergers, or by transferring their documents and obligations to other companies. They have become an important mechanism for dealing with economic conditions and meeting shareholder expectations. These operations have received increasing attention in modern legislation, as they have worked to regulate them by setting conditions and controls that preserve the rights of all parties to the relationship in a way that does not affect the economy. This research was divided into two sections, and the researcher reached a set of results and recommendations