IDEAS home Printed from https://ideas.repec.org/a/pet/annals/v12y2012i2p71-76.html
   My bibliography  Save this article

Actuarial Techniques to Assess The Financial Performance. Insurance Applications

Author

Listed:
  • Mihaela Botea

    (Academy of Economic Studies, Romania)

  • Marinel Nedeluţ

    (Financial Banking University Bucharest, Romania)

  • Corina Ioanăş

    (Academy of Economic Studies, Romania)

  • Mihaela Gruiescu

    (Romanian American University, Romania)

Abstract

The XXI century was marked by the convergence and harmonization, this century is distinguished in that it lays the foundation of accounting actuarial, which is characterized by up to date values and actuarial calculations. Actuarial accounting is reflected best in insurance system. In the market economy, insurance system is on one hand a means of protecting the business and property of citizens, on the other hand a business that generates profits. From this context, we can say that the subject of actuarial accounting is the measurement and recognition of assets and result of the change in time value of money. Time is an important variable considered in any economic decision investing and financing.

Suggested Citation

  • Mihaela Botea & Marinel Nedeluţ & Corina Ioanăş & Mihaela Gruiescu, 2012. "Actuarial Techniques to Assess The Financial Performance. Insurance Applications," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 12(2), pages 71-76.
    • Handle: RePEc:pet:annals:v:12:y:2012:i:2:p:71-76
    as

    Download full text from publisher

    File URL: http://www.upet.ro/annals/economics/pdf/2012/part2/Botea-Nedelut-Ioanas-Gruiescu.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    present value; actuarial calculations; assessment; insurance; maximizing enterprise value; fruiting factor;
    All these keywords.

    JEL classification:

    • C10 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - General
    • G22 - Financial Economics - - Financial Institutions and Services - - - Insurance; Insurance Companies; Actuarial Studies
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

    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:pet:annals:v:12:y:2012:i:2:p:71-76. 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: Imola Driga (email available below). General contact details of provider: http://www.upet.ro/ .

    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.