Objective: The objective of the article is to investigate how foreign capital influenced the development of insurance … which influence development of insurance markets are analysed, and econometric methods are applied. A panel model is … constructed and results of its estimation are analysed. Findings: Insurance markets in particular countries develop under the …

their participation in systemic risk in the insurance sector. We compare systemic risk in different market regimes. Research … measure. Findings: In this article we show a positive correlation of all the insurance companies under consideration. During … global market crises the correlation appears stronger than in "normal times." This confirms that the insurance sector …