IDEAS home Printed from https://ideas.repec.org/a/alu/journl/v2y2006i8p16.html
   My bibliography  Save this article

Coordinates Of Financial Management In Insurance Company

Author

Listed:
  • Lazăr Cistelecan
  • Daniel Åžtefan
  • Manole Bogdan Decebal
  • Marcel N. Udrea

Abstract

Our research aims to identifying the coordinates of financial management at the level of insurance companies. Insurance companies sell insurance products at a specific price (the insurance premium), without knowing the right cost, until the risk occurs. From this perspective, they need to mobilize and posses resources, that are used to meet anytime the financial claims. That explains how insurance sector is required to fulfill restrictions concerning a minimum level of issued and subscribed capital, specific reserves that need to be constituted, financial investments, monitoring the financial position and the relations with the insured by the supervising authority, etc.

Suggested Citation

  • Lazăr Cistelecan & Daniel Åžtefan & Manole Bogdan Decebal & Marcel N. Udrea, 2006. "Coordinates Of Financial Management In Insurance Company," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 2(8), pages 1-16.
    • Handle: RePEc:alu:journl:v:2:y:2006:i:8:p:16
    as

    Download full text from publisher

    File URL: http://oeconomica.uab.ro/upload/lucrari/820062/16.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    insurance; insurance company; financial management; financial position;
    All these keywords.

    JEL classification:

    • G22 - Financial Economics - - Financial Institutions and Services - - - Insurance; Insurance Companies; Actuarial Studies
    • G29 - Financial Economics - - Financial Institutions and Services - - - Other

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:alu:journl:v:2:y:2006:i:8:p:16. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dan-Constantin Danuletiu (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.