Abstract Insurance companies operate in a turbulent, constantly changing environment. The insurance market plays an important role in the economy. On the one hand, it is characterized by the dynamic development of services based on new technologies and distribution channels, and on the other hand, it is subject to transformations related to changes in the scope of conducting insurance activities – including new legal regulations – and has to counter global challenges, such as the crisis which started in 2007 on the American financial market. In such realities, insurers must manage their investment activities. The article indicates the legal basis of the restrictions applicable to insurance companies in relation to their investment activities. The Solvency II system is discussed and the most important differences from its predecessor – Solvency I – are presented, and there is an analysis of the structure of investments of domestic life and non-life insurance companies.

中文翻译：

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Solvency II 前后波兰保险公司的投资活动

摘要 保险公司在动荡、不断变化的环境中运营。保险市场在经济中发挥着重要作用。一方面，它的特点是基于新技术和分销渠道的服务的动态发展，另一方面，它会随着保险活动范围的变化（包括新的法律法规）和必须应对全球挑战，例如始于 2007 年的美国金融市场危机。在这样的现实中，保险公司必须管理他们的投资活动。该条指出了适用于保险公司与其投资活动有关的限制的法律依据。