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An Empirical Insight Into The Romanian Insurance Market

Author

Listed:
  • Raluca ANTAL

    (Universitatea "Petru Maior" din Tirgu-Mures, Str. Nicolae Iorga nr.1, Tirgu-Mures, Mures, 540088, Romania)

  • Ioan ȘUMANDEA SIMIONESCU

    (Universitatea "Petru Maior" din Tirgu-Mures, Str. Nicolae Iorga nr.1, Tirgu-Mures, Mures, 540088, Romania)

Abstract

The Romanian insurance companies are subject to increased market demands in a business environment that is difficult to navigate, to say the least. Thus, optimizing the management of assets and liabilities of such companies becomes imperative. In order to achieve this, one should identify and analyze the variables that define this practice in the particular context of the Romanian insurance market. Having set the variables based on the opinions of our academic predecessors, we have conducted a comparative analysis of these variables based on the significant differences existing between the three categories of regulated insurance companies on the Romanian insurance market.

Suggested Citation

  • Raluca ANTAL & Ioan ȘUMANDEA SIMIONESCU, 2014. "An Empirical Insight Into The Romanian Insurance Market," STUDIA UNIVERSITATIS PETRU MAIOR SERIES OECONOMICA, Petru Maior University, Faculty of Economics Law and Administrative Sciences, vol. 1, pages 74-87, December.
  • Handle: RePEc:pmu:oecono:v:1/2014:y:2014:p:74-87
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    More about this item

    Keywords

    Romanian insurance market; ALM indicators; T-test analysis;
    All these keywords.

    JEL classification:

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

    Statistics

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