Document info



In: Ekonomický časopis/Journal of Economics, vol. 56, no. 4
Eva Kafková - Martin Kračinovský

Development of Commercial Insurance Business in Slovakia and Hungary in the Years 1997 – 2006

Details:

Year, pages: 2008, 384 - 402
Keywords: premium written, penetration, technical reserves, investment activity, Herfindahl-Hirschman Index JEL Classification: G22
Article type: Vedecký / article

About article:

Insurance industry belongs to the most important branches of economy. It performs a couple of very important functions from the macroeconomic point of view: accumulation, redistribution, stimulation and control function. Insurance companies are big players on the financial market so insurance system deserves adequate attention. This paper deals with the development and comparison of insurance market in Slovakia and Hungary. Insurance becomes more and more significant and its development correspondents tight with national economy. We focused our attention on the selected most important indicators as follow: gross written premium, indemnity costs, technical reserves, investment activity and concentration in an insurance industry.

Insurance industry belongs to the most important branches of economy. It performs a couple of very important functions from the macroeconomic point of view: accumulation, redistribution, stimulation and control function. Insurance companies are big players on the financial market so insurance system deserves adequate attention. This paper deals with the development and comparison of insurance market in Slovakia and Hungary. Insurance becomes more and more significant and its development correspondents tight with national economy. We focused our attention on the selected most important indicators as follow: gross written premium, indemnity costs, technical reserves, investment activity and concentration in an insurance industry.

How to cite:

ISO 690:
Kafková, E., Kračinovský, M. 2008. Development of Commercial Insurance Business in Slovakia and Hungary in the Years 1997 – 2006 . In Ekonomický časopis/Journal of Economics, vol. 56, no.4, pp. 384-402. ISSN 0013-3035.

APA:
Kafková, E., Kračinovský, M. (2008). Development of Commercial Insurance Business in Slovakia and Hungary in the Years 1997 – 2006 . Ekonomický časopis/Journal of Economics, 56(4), 384-402. ISSN 0013-3035.