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The Insurance Market Of The Republic Of Moldova In Terms Of Investment Potential

Author

Listed:
  • TIMUS, Angela

    (National Economic Research Institute of the Academy of Sciences of Moldova)

  • UNGUR, Cristina

    (National Institute of Economic Research of the Academy of Sciences of Moldova)

Abstract

The financial market of the Republic of Moldova has been characterized by a high degree of uncertainty during the last years. The political instability had its consequences causing disturbances, especially on the bank market. At the same time, the global financial crisis has had a direct impact on the national financial market as well, reducing thus the investment potential in the bank and non-bank financial sector, especially of the foreign investors. Notwithstanding the insurance market of the Republic of Moldova has registered a growth during this period. The paper presents an analysis of the insurance market in terms of its investment potential and tries to explain the behavior of the insurance products’ consumers in the conditions of the actual financial and economic crisis.The financial market of the Republic of Moldova has been characterized by a high degree of uncertainty during the last years. The political instability had its consequences causing disturbances, especially on the bank market. At the same time, the global financial crisis has had a direct impact on the national financial market as well, reducing thus the investment potential in the bank and non-bank financial sector, especially of the foreign investors. Notwithstanding the insurance market of the Republic of Moldova has registered a growth during this period. The paper presents an analysis of the insurance market in terms of its investment potential and tries to explain the behavior of the insurance products’ consumers in the conditions of the actual financial and economic crisis.

Suggested Citation

  • TIMUS, Angela & UNGUR, Cristina, 2013. "The Insurance Market Of The Republic Of Moldova In Terms Of Investment Potential," Studii Financiare (Financial Studies), Centre of Financial and Monetary Research "Victor Slavescu", vol. 17(2), pages 31-43.
    • Handle: RePEc:vls:finstu:v:17:y:2013:i:2:p:31-43
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    References listed on IDEAS

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    1. Marijk van der Wende, 2011. "Global Institutions: The Organization for Economic Co-operation and Development," Chapters, in: Roger King & Simon Marginson & Rajani Naidoo (ed.), Handbook on Globalization and Higher Education, chapter 6, Edward Elgar Publishing.
    2. Cutler, David M. & Zeckhauser, Richard J., 2000. "The anatomy of health insurance," Handbook of Health Economics, in: A. J. Culyer & J. P. Newhouse (ed.), Handbook of Health Economics, edition 1, volume 1, chapter 11, pages 563-643, Elsevier.
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    Citations

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    Cited by:

    1. Angela TIMUS & Cristina UNGUR & Irina RABOSAPCA, 2017. "Assimilation Of Investment Potential Of Insurance Companies Through Government Securities," ECONOMY AND SOCIOLOGY: Theoretical and Scientifical Journal, Socionet;Complexul Editorial "INCE", issue 1-2, pages 124-132.

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    More about this item

    Keywords

    financial market; life and non-life insurance; financial crisis; bank sector; investment potential;
    All these keywords.

    JEL classification:

    • D53 - Microeconomics - - General Equilibrium and Disequilibrium - - - Financial Markets
    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • G22 - Financial Economics - - Financial Institutions and Services - - - Insurance; Insurance Companies; Actuarial Studies
    • G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors

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