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The European Insurance Industry: A PEST Analysis

Author

Listed:
  • Charmaine Barbara

    (Statistical Department, PSA Insurance Manager Ltd, Ta’ Xbiex XBX 1122, Malta)

  • Dominic Cortis

    (Department of Mathematics, University of Leicester, Leicester LE1 7RH, UK
    Department of Insurance, University of Malta, Msida MSD 2080, Malta)

  • Roberta Perotti

    (Audit Service Line, Deloitte, B'Kara BKR3000, Malta)

  • Claudia Sammut

    (Audit Service Line, Deloitte, B'Kara BKR3000, Malta)

  • Antoine Vella

    (Department of Insurance, University of Malta, Msida MSD 2080, Malta)

Abstract

The insurance industry plays an important role for European economic stability and the threats and opportunities it faces should be carefully determined. In this paper we highlight the main challenges by using a Political, Economic, Social and Technological (PEST) analysis. This work applies conventional actuarial thought on this area by focusing strictly on the European sector.

Suggested Citation

  • Charmaine Barbara & Dominic Cortis & Roberta Perotti & Claudia Sammut & Antoine Vella, 2017. "The European Insurance Industry: A PEST Analysis," IJFS, MDPI, vol. 5(2), pages 1-20, May.
  • Handle: RePEc:gam:jijfss:v:5:y:2017:i:2:p:14-:d:100149
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    References listed on IDEAS

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