LONG-TERM POST-COVID-19-PANDEMIC EFFECTS FACED BY LIFE INSURERS IN POLAND IN THE CONTEXT OF EUROPEAN TRENDS
The COVID-19 pandemic has initiated or accelerated significant changes in the insurance sector, including remote customer service, along with changes to risk management processes and the insurance offer. In the post-pandemic environment, these may increase development opportunities and improve the m...
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| Format: | Article |
| Language: | English |
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Rzeszow University of Technology
2023-12-01
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| Series: | Humanities and Social Sciences |
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| Online Access: | https://journals.prz.edu.pl/hss/article/view/1579 |
| _version_ | 1797336174115684352 |
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| author | Marta BORDA |
| author_facet | Marta BORDA |
| author_sort | Marta BORDA |
| collection | DOAJ |
| description | The COVID-19 pandemic has initiated or accelerated significant changes in the insurance sector, including remote customer service, along with changes to risk management processes and the insurance offer. In the post-pandemic environment, these may increase development opportunities and improve the market competitiveness of insurers. The aim of this paper is to identify and discuss the implications of the COVID-19 pandemic for life insurers operating in Poland. To examine the direct responses of life insurance markets to the COVID-19 pandemic, an analysis is conducted of the life insurance sector in Poland and the whole of Europe, based on the most up-to-date data available. Next, the implications of the pandemic for life insurers’ technical operations and financial sustainability are examined. The article also discusses the main challenges to the further development of life insurance businesses in the context of long-term post-pandemic effects. |
| first_indexed | 2024-03-08T08:50:14Z |
| format | Article |
| id | doaj.art-48f2f6a9713b4586b17bf884daa5e67e |
| institution | Directory Open Access Journal |
| issn | 2300-5327 2300-9918 |
| language | English |
| last_indexed | 2024-03-08T08:50:14Z |
| publishDate | 2023-12-01 |
| publisher | Rzeszow University of Technology |
| record_format | Article |
| series | Humanities and Social Sciences |
| spelling | doaj.art-48f2f6a9713b4586b17bf884daa5e67e2024-02-01T11:16:09ZengRzeszow University of TechnologyHumanities and Social Sciences2300-53272300-99182023-12-01304 - part I374810.7862/rz.2023.hss.411579LONG-TERM POST-COVID-19-PANDEMIC EFFECTS FACED BY LIFE INSURERS IN POLAND IN THE CONTEXT OF EUROPEAN TRENDSMarta BORDA0Wroclaw University of Economics and BusinessThe COVID-19 pandemic has initiated or accelerated significant changes in the insurance sector, including remote customer service, along with changes to risk management processes and the insurance offer. In the post-pandemic environment, these may increase development opportunities and improve the market competitiveness of insurers. The aim of this paper is to identify and discuss the implications of the COVID-19 pandemic for life insurers operating in Poland. To examine the direct responses of life insurance markets to the COVID-19 pandemic, an analysis is conducted of the life insurance sector in Poland and the whole of Europe, based on the most up-to-date data available. Next, the implications of the pandemic for life insurers’ technical operations and financial sustainability are examined. The article also discusses the main challenges to the further development of life insurance businesses in the context of long-term post-pandemic effects.https://journals.prz.edu.pl/hss/article/view/1579life insurancecovid-19 pandemic effectspolandmortality riskeurope |
| spellingShingle | Marta BORDA LONG-TERM POST-COVID-19-PANDEMIC EFFECTS FACED BY LIFE INSURERS IN POLAND IN THE CONTEXT OF EUROPEAN TRENDS Humanities and Social Sciences life insurance covid-19 pandemic effects poland mortality risk europe |
| title | LONG-TERM POST-COVID-19-PANDEMIC EFFECTS FACED BY LIFE INSURERS IN POLAND IN THE CONTEXT OF EUROPEAN TRENDS |
| title_full | LONG-TERM POST-COVID-19-PANDEMIC EFFECTS FACED BY LIFE INSURERS IN POLAND IN THE CONTEXT OF EUROPEAN TRENDS |
| title_fullStr | LONG-TERM POST-COVID-19-PANDEMIC EFFECTS FACED BY LIFE INSURERS IN POLAND IN THE CONTEXT OF EUROPEAN TRENDS |
| title_full_unstemmed | LONG-TERM POST-COVID-19-PANDEMIC EFFECTS FACED BY LIFE INSURERS IN POLAND IN THE CONTEXT OF EUROPEAN TRENDS |
| title_short | LONG-TERM POST-COVID-19-PANDEMIC EFFECTS FACED BY LIFE INSURERS IN POLAND IN THE CONTEXT OF EUROPEAN TRENDS |
| title_sort | long term post covid 19 pandemic effects faced by life insurers in poland in the context of european trends |
| topic | life insurance covid-19 pandemic effects poland mortality risk europe |
| url | https://journals.prz.edu.pl/hss/article/view/1579 |
| work_keys_str_mv | AT martaborda longtermpostcovid19pandemiceffectsfacedbylifeinsurersinpolandinthecontextofeuropeantrends |