Glossary beginning with O


Office of Competition and Consumer Protection.

Ordinance on Current and Periodic Information

the Ordinance of the Minister of Finance of 19th February 2009 on current and periodic information submitted by issuers of instruments and conditions for recognizing as equivalent information required by the laws of a non-member state (Journal of Laws of 2009, No. 33, item 259).

Outward reinsurance

Reinsurance activity entailing an insurer (ceding company) yielding a portion of the executed insurance contracts to a reinsurer / reinsurers in the form of a reinsurance treaty.