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In a world where natural disasters are intensifying as frequency and severity over the population and material goods, the issue of insuring catastrophic risks is renewed as international specialized companies on this specific market are harder bargaining with local insurance companies. The...
Persistent link: https://www.econbiz.de/10010857221
Currently, the hydropower industry is facing a serious problem – an increase in events that halt production, resulting in significant direct and indirect damage, hence the need to seek ways to transfer the insurance costs. As a result of the advanced age of the equipment and interruptions that...
Persistent link: https://www.econbiz.de/10009291728
After 6 years from the debut of the financial crisis, the insurance market in Romania is significantly feeling the effect of this phenomenon, by having to deal with a reduction in the appetite of the insurance consumer even for a typical policy such as CASCO or MTPL. The companies are prone to...
Persistent link: https://www.econbiz.de/10011234971
In a decade when all activities are globalized, including insurance, the recent focus of the supervisory authorities became the leveling of the legal framework concerning the solvency requirements of the companies acting on the market (as a consequence of the 2008 crisis, much more acute in USA...
Persistent link: https://www.econbiz.de/10010618343