THE IMPACT OF THE ECONOMIC CRISIS ON CREDIT INSURANCE
The insurance domain is one of the most complex and extensive areas of the market. However this field is very risk exposed especially in this period of economic instability. One of the most non-performant insurance products at this time is the credit insurance. Due to inability to pay and increasing...
| Main Authors: | , |
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| Format: | Article |
| Language: | deu |
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University of Oradea
2010-07-01
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| Series: | Annals of the University of Oradea: Economic Science |
| Subjects: | |
| Online Access: | http://anale.steconomiceuoradea.ro/volume/2010/n1/052.pdf |
| _version_ | 1818791492390486016 |
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| author | Vaidean Viorela-Ligia Ciumas Cristina |
| author_facet | Vaidean Viorela-Ligia Ciumas Cristina |
| author_sort | Vaidean Viorela-Ligia |
| collection | DOAJ |
| description | The insurance domain is one of the most complex and extensive areas of the market. However this field is very risk exposed especially in this period of economic instability. One of the most non-performant insurance products at this time is the credit insurance. Due to inability to pay and increasing bad loans, insurance companies have decided to remove these products from their portfolio. We believe that the signs that led to this situation have been very visible for a long time, but the insurance market players refused to give too much importance to them because they based their operations on the artificial strength of the whole system. In this paper we want to show how things have evolved on the credit insurance market as compared to the general insurance market, and if the present situation could have been anticipated and avoided. |
| first_indexed | 2024-12-18T15:12:13Z |
| format | Article |
| id | doaj.art-89e25976d9004441905551a5ad8fbe89 |
| institution | Directory Open Access Journal |
| issn | 1222-569X 1582-5450 |
| language | deu |
| last_indexed | 2024-12-18T15:12:13Z |
| publishDate | 2010-07-01 |
| publisher | University of Oradea |
| record_format | Article |
| series | Annals of the University of Oradea: Economic Science |
| spelling | doaj.art-89e25976d9004441905551a5ad8fbe892022-12-21T21:03:38ZdeuUniversity of OradeaAnnals of the University of Oradea: Economic Science1222-569X1582-54502010-07-0111338343THE IMPACT OF THE ECONOMIC CRISIS ON CREDIT INSURANCEVaidean Viorela-LigiaCiumas CristinaThe insurance domain is one of the most complex and extensive areas of the market. However this field is very risk exposed especially in this period of economic instability. One of the most non-performant insurance products at this time is the credit insurance. Due to inability to pay and increasing bad loans, insurance companies have decided to remove these products from their portfolio. We believe that the signs that led to this situation have been very visible for a long time, but the insurance market players refused to give too much importance to them because they based their operations on the artificial strength of the whole system. In this paper we want to show how things have evolved on the credit insurance market as compared to the general insurance market, and if the present situation could have been anticipated and avoided.http://anale.steconomiceuoradea.ro/volume/2010/n1/052.pdf crisisinflationhazardcreditsperformancepanel data |
| spellingShingle | Vaidean Viorela-Ligia Ciumas Cristina THE IMPACT OF THE ECONOMIC CRISIS ON CREDIT INSURANCE Annals of the University of Oradea: Economic Science crisis inflation hazard credits performance panel data |
| title | THE IMPACT OF THE ECONOMIC CRISIS ON CREDIT INSURANCE |
| title_full | THE IMPACT OF THE ECONOMIC CRISIS ON CREDIT INSURANCE |
| title_fullStr | THE IMPACT OF THE ECONOMIC CRISIS ON CREDIT INSURANCE |
| title_full_unstemmed | THE IMPACT OF THE ECONOMIC CRISIS ON CREDIT INSURANCE |
| title_short | THE IMPACT OF THE ECONOMIC CRISIS ON CREDIT INSURANCE |
| title_sort | impact of the economic crisis on credit insurance |
| topic | crisis inflation hazard credits performance panel data |
| url | http://anale.steconomiceuoradea.ro/volume/2010/n1/052.pdf |
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