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In the financial market of insurance, consumer protection represents an important component contributing to the stability, discipline and efficiency of the market. In this respect, the activity of educating and informing insurance consumers on ensuring and exercising their right to claim plays a...
Persistent link: https://www.econbiz.de/10011724869
The article presents analytical data regarding the influence of the global financial crisis on the activity of the insurance market of some countries. Special attention is given to the dynamics in the development of the insurance market of Ukraine, problems and perspectives of Ukrainian...
Persistent link: https://www.econbiz.de/10011110449
Analyses of trends on the third party liability insurance market have indicated in the recent years that the quantity and value of claims have been growing on all markets . The examination of reasons therefor reveals multiple factors, including also a change of social attitudes - a greater...
Persistent link: https://www.econbiz.de/10011165431
The aim of the article is to introduce a complex econometric model of cash-flows for the Czech life insurance market. Namely, technical-actuarial links among insurance variables observed in annually published summary balance sheets of life insurers are described by means of an econometric system...
Persistent link: https://www.econbiz.de/10011267807
Solvency II is a European directive whose purpose is to update the regulations concerning the insurance market. This is more than a set of rules on the solvency of insurance companies and is a comprehensive set of rules on the entire insurance market from solvency, liquidity and information...
Persistent link: https://www.econbiz.de/10011085426
This article elaborates on how information is provided in the terms and conditions of various insurers and how it is related to one of potential demonstrations of information asymmetry. The aim of this article is to evaluate the level of knowledgeableness in the insurance conditions of the...
Persistent link: https://www.econbiz.de/10011194822
Auto insurance belongs to the most important areas of the insurance market from the quantitative point of view and based on its significance in covering auto-related risks. The significance of damage impact, particularly in liability insurance, requires a high degree of regulation. Standard...
Persistent link: https://www.econbiz.de/10011195330
Global economic and financial crisis triggered in 2008 had a significant impact with effects in economical life worldwide. Insurance industry wasn't spared but was less affected than other sectors of the world economy. The aim of the present paper is to underline the main crisis effects on...
Persistent link: https://www.econbiz.de/10011195776
The purpose of this paper is to analyze the evolution of the Romanian private health insurance market, based on all the ISC annual reports for 2001-2009. The initial boom was slowed down by the present financial and economic crisis, but the future perspectives of the private healthcare sector...
Persistent link: https://www.econbiz.de/10010819476
This paper explores the lead–lag relationships and the dynamic linkages among stock, insurance and bond markets in the developed countries. This is the first empirical study which sheds light on the extent and magnitude of the association among these financial markets used by the Granger...
Persistent link: https://www.econbiz.de/10010730251