PROSPECTS FOR THE DEVELOPMENT OF MOTOR THIRD PARTY LIABILITY INSURANCE ON THE BULGARIAN INSURANCE MARKET
The aim of the report is to examine the current and important for the society issues concerning one of the most widespread insurance products - Motor Third Party Liability Insurance. The report examines the use of Motor Third Party Liability insurance on our insurance market. Specific studies have b...
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Format: | Article |
Language: | English |
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Trakia University
2019-10-01
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Series: | Trakia Journal of Sciences |
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Online Access: | http://tru.uni-sz.bg/tsj/Volume%2017,%202019,%20Supplement%201,%20Series%20Social%20Sciences/3/za%20pe4at/78.pdf |
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author | T. Andreeva |
author_facet | T. Andreeva |
author_sort | T. Andreeva |
collection | DOAJ |
description | The aim of the report is to examine the current and important for the society issues concerning one of the most widespread insurance products - Motor Third Party Liability Insurance. The report examines the use of Motor Third Party Liability insurance on our insurance market. Specific studies have been made on the actual presence of the insurance in the local market and the motor insurance in the general insurance portfolio at European level. The problems and trends in the application and the proposed "Bonus-Malus"
system are considered. Further considerations regarding the Bonus-Malus system have been made, taking into account the role of the system for fair payment of insurance premiums. The positive experience of the European insurance market is also reported. The report also focuses on other regulatory and other factors determining the market development. Quantitative methods of analysis and evaluation are used. |
first_indexed | 2024-12-23T03:07:28Z |
format | Article |
id | doaj.art-65c0454a303d40ada32eb6f153594a8e |
institution | Directory Open Access Journal |
issn | 1313-3551 |
language | English |
last_indexed | 2024-12-23T03:07:28Z |
publishDate | 2019-10-01 |
publisher | Trakia University |
record_format | Article |
series | Trakia Journal of Sciences |
spelling | doaj.art-65c0454a303d40ada32eb6f153594a8e2022-12-21T18:02:18ZengTrakia UniversityTrakia Journal of Sciences1313-35512019-10-0117Suppl. 148048710.15547/tjs.2019.s.01.078PROSPECTS FOR THE DEVELOPMENT OF MOTOR THIRD PARTY LIABILITY INSURANCE ON THE BULGARIAN INSURANCE MARKETT. AndreevaThe aim of the report is to examine the current and important for the society issues concerning one of the most widespread insurance products - Motor Third Party Liability Insurance. The report examines the use of Motor Third Party Liability insurance on our insurance market. Specific studies have been made on the actual presence of the insurance in the local market and the motor insurance in the general insurance portfolio at European level. The problems and trends in the application and the proposed "Bonus-Malus" system are considered. Further considerations regarding the Bonus-Malus system have been made, taking into account the role of the system for fair payment of insurance premiums. The positive experience of the European insurance market is also reported. The report also focuses on other regulatory and other factors determining the market development. Quantitative methods of analysis and evaluation are used.http://tru.uni-sz.bg/tsj/Volume%2017,%202019,%20Supplement%201,%20Series%20Social%20Sciences/3/za%20pe4at/78.pdfinsurance marketbonus-malus systeminsurance premiuminsurance reservespremium incomeinsurance indemnities |
spellingShingle | T. Andreeva PROSPECTS FOR THE DEVELOPMENT OF MOTOR THIRD PARTY LIABILITY INSURANCE ON THE BULGARIAN INSURANCE MARKET Trakia Journal of Sciences insurance market bonus-malus system insurance premium insurance reserves premium income insurance indemnities |
title | PROSPECTS FOR THE DEVELOPMENT OF MOTOR THIRD PARTY LIABILITY INSURANCE ON THE BULGARIAN INSURANCE MARKET |
title_full | PROSPECTS FOR THE DEVELOPMENT OF MOTOR THIRD PARTY LIABILITY INSURANCE ON THE BULGARIAN INSURANCE MARKET |
title_fullStr | PROSPECTS FOR THE DEVELOPMENT OF MOTOR THIRD PARTY LIABILITY INSURANCE ON THE BULGARIAN INSURANCE MARKET |
title_full_unstemmed | PROSPECTS FOR THE DEVELOPMENT OF MOTOR THIRD PARTY LIABILITY INSURANCE ON THE BULGARIAN INSURANCE MARKET |
title_short | PROSPECTS FOR THE DEVELOPMENT OF MOTOR THIRD PARTY LIABILITY INSURANCE ON THE BULGARIAN INSURANCE MARKET |
title_sort | prospects for the development of motor third party liability insurance on the bulgarian insurance market |
topic | insurance market bonus-malus system insurance premium insurance reserves premium income insurance indemnities |
url | http://tru.uni-sz.bg/tsj/Volume%2017,%202019,%20Supplement%201,%20Series%20Social%20Sciences/3/za%20pe4at/78.pdf |
work_keys_str_mv | AT tandreeva prospectsforthedevelopmentofmotorthirdpartyliabilityinsuranceonthebulgarianinsurancemarket |