The Evaluation of Financial Health of the Insurance Sector in the World's Insurance Centers
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Year of publication | 2016 |
Type | Article in Proceedings |
Conference | European Financial Systems 2016. Proceedings of the 13th International Scientific Conference |
MU Faculty or unit | |
Citation | |
Field | Economy |
Keywords | financial crisis; insurance market; insurance company; premiums written; return on assets; return on equity |
Description | Within the world insurance market the processes associated with the globalization of markets and the integration of financial institutions concur. These processes have been affected by the outbreak, continuance and subsequent lingering of the global financial crisis. The financial crisis has manifested itself in various regions of the world insurance market in varying extent. The main objective of this paper is to assess the development of the financial health of the global insurance market during the lingering financial crisis and to adopt conclusions driven based on the analysis of the insurance sector. |