PERFORMANCES OF THE ROMANIAN INSURANCE MARKET

Global crisis affected the worldwide insurance market differently from one country to another, so Romanian insurance market in the period between 2008 and 2012 was also affected by global crisis. Effectiveness and performance of the insurance market from Romania is discussed in the paper based on t...

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Bibliographic Details
Main Author: MIRELA MONEA
Format: Article
Language:English
Published: University of Petrosani 2013-12-01
Series:Annals of the University of Petrosani: Economics
Subjects:
Online Access:http://www.upet.ro/annals/economics/pdf/2013/part2/Monea-1.pdf
Description
Summary:Global crisis affected the worldwide insurance market differently from one country to another, so Romanian insurance market in the period between 2008 and 2012 was also affected by global crisis. Effectiveness and performance of the insurance market from Romania is discussed in the paper based on the statistical data published by the Insurance Supervisory Commission in the annual reports, in the period between 2008 and 2012. Discussions are started from indicators such as gross written premiums and indemnity payments, which have influence on dimension of the market, efficiency indicators and on financial results.
ISSN:1582-5949
2247-8620