Annals of the University of Petrosani: Economics, 2013
Global economic and financial crisis triggered in 2008 had a significant impact with effects in e... more Global economic and financial crisis triggered in 2008 had a significant impact with effects in economical life worldwide. Insurance industry wasn't spared but was less affected than other sectors of the world economy. The aim of the present paper is to underline the main crisis effects on global insurance market through a comparative study between different regions from the world, taking into consideration the main indicators which give us an insurance market dimension, such as: gross premium volume, insurance density and insurance penetration.
Annals of University of Craiova Economic Sciences Series, 2013
Efficiency analysis is a complex issue, with specific particularities related to the insurance bu... more Efficiency analysis is a complex issue, with specific particularities related to the insurance business, and in the present paper will be treated two aspects: efficiency analysis in case of insurer and efficiency analysis in case of insured. In assessing performances of an insurance company should consider the financial results, the ratio between the effect and effort for obtaining profit, and measuring the insurer success in coverage the customers needs.Insurance companies operate on a competitive system, so they must determine the insurance premiums and insurance rules, so that the products and services should be attractive and effective for the insured. In this context I shall present several insurance efficiency indicators in case of insured, efficiency is even higher as the amounts of money received by the policy beneficiary and are more consistent/appropriate to individual needs, the capitalization segment of products offer a higher performance in terms of risk , and the customers collect in a short time the insured amounts.
The purpose of the paper is to present the changes occurred on global insurance markets during th... more The purpose of the paper is to present the changes occurred on global insurance markets during the current pandemic situation. The effects are largely felt through asset risks, weaker premium growth prospects, and also insurers’ long-term investment. Developed markets, particularly life ones, are likely to shrink in real terms as a result of the economic slowdown. Higher mortality rates due to the coronavirus pandemic are affecting the bottom lines of many life insurers. The main trends in this sector in last years, is based on the most important aspects such as, written premiums, and benefits paid, types of the life insurance contracts and density and penetration degree of the life insurance sector.
Annals of the University of Petrosani: Economics, 2013
Global economic and financial crisis triggered in 2008 had a significant impact with effects in e... more Global economic and financial crisis triggered in 2008 had a significant impact with effects in economical life worldwide. Insurance industry wasn't spared but was less affected than other sectors of the world economy. The aim of the present paper is to underline the main crisis effects on global insurance market through a comparative study between different regions from the world, taking into consideration the main indicators which give us an insurance market dimension, such as: gross premium volume, insurance density and insurance penetration.
Annals of University of Craiova Economic Sciences Series, 2013
Efficiency analysis is a complex issue, with specific particularities related to the insurance bu... more Efficiency analysis is a complex issue, with specific particularities related to the insurance business, and in the present paper will be treated two aspects: efficiency analysis in case of insurer and efficiency analysis in case of insured. In assessing performances of an insurance company should consider the financial results, the ratio between the effect and effort for obtaining profit, and measuring the insurer success in coverage the customers needs.Insurance companies operate on a competitive system, so they must determine the insurance premiums and insurance rules, so that the products and services should be attractive and effective for the insured. In this context I shall present several insurance efficiency indicators in case of insured, efficiency is even higher as the amounts of money received by the policy beneficiary and are more consistent/appropriate to individual needs, the capitalization segment of products offer a higher performance in terms of risk , and the customers collect in a short time the insured amounts.
The purpose of the paper is to present the changes occurred on global insurance markets during th... more The purpose of the paper is to present the changes occurred on global insurance markets during the current pandemic situation. The effects are largely felt through asset risks, weaker premium growth prospects, and also insurers’ long-term investment. Developed markets, particularly life ones, are likely to shrink in real terms as a result of the economic slowdown. Higher mortality rates due to the coronavirus pandemic are affecting the bottom lines of many life insurers. The main trends in this sector in last years, is based on the most important aspects such as, written premiums, and benefits paid, types of the life insurance contracts and density and penetration degree of the life insurance sector.
Uploads
Papers by Preda Ana