Insurance market of Southeast European countries is characterized by significant changes due to uneven economic growth … and development. At markets of developed countries, life insurance premium has the leading position in total insurance … insurances make the biggest part in the total portfolio of the insurance market in Montenegro. The insurance industry was not …

collaboration of banks and insurance companies through the bancassurance model, as the distribution channel of insurance products … benefits which have a positive effect on the performance of the insurance and financial markets. More specifically, the … effective implementation of bancassurance provides benefits to banks, insurance companies, and to their customers. Although …

beginning of modern economic analysis of insurance activity. This chapter reviews the main theoretical and empirical … contributions in insurance economics since that time. The review begins with the role of utility, risk, and risk aversion in the … insurance literature and summarizes work on the demand for insurance, insurance and resource allocation, moral hazard, and …