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The Effects of International and Financiar Crisis on Insurances Company in Romania

Author

Listed:
  • Florea Ianc Maria Mirabela

    (University “Constantin Brancusi”, Faculty of Economics and Business Administration, Tg-Jiu)

Abstract

Economic and financial crisis has had many effects and created many distortions on the insurance market, although insurers were more witnesses to the crisis than participants whereas the nature of this business can not generate systemic risk they have suffered as a result of the fall in financial markets, reduce economic growth, reduce interest rates, credit quality, and as a result of direct and indirect exposure to financial institutions that had dramatic share price declines or went bankrupt.

Suggested Citation

  • Florea Ianc Maria Mirabela, 2012. "The Effects of International and Financiar Crisis on Insurances Company in Romania," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 401-404, Decembre.
    • Handle: RePEc:ovi:oviste:v:xii:y:2012:i:2:p:401-404
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    File URL: http://stec.univ-ovidius.ro/html/anale/ENG/cuprins%20rezumate/volum2012p2v2.pdf
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    More about this item

    Keywords

    crisis; effects; insurance company; economic development;
    All these keywords.

    JEL classification:

    • A1 - General Economics and Teaching - - General Economics
    • A10 - General Economics and Teaching - - General Economics - - - General

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