Relevance of the Insurance Organizations on the Financial Market
AbstractFinancial markets in Serbia are characterized by the under development of the capital market and more than poor offer of all financial instruments. Besides this, great level of risk is present and non market control of risk management in the insurance sector is visible. Insurance organizations in Serbia are mostly visible on the currency market, in its by far most expensive segment – credit-deposit market. Reason for this can be found in the fact that low degree of development of life insurance sector (below 10%) which is a sign that the insurance organizations in Serbia have very modes financial means.
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Bibliographic InfoArticle provided by Institute of Economic Sciences in its journal Economic Analysis.
Volume (Year): 43 (2010)
Issue (Month): 3-4 ()
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Financial markets; Insurance sector; life insurance; development; financial instruments;
Find related papers by JEL classification:
- G2 - Financial Economics - - Financial Institutions and Services
- G22 - Financial Economics - - Financial Institutions and Services - - - Insurance; Insurance Companies; Actuarial Studies
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