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Situation and Financing Capacity of the Hungarian Insurance Market

Author

Listed:
  • Andras G. Szabo

    (Magyar Nemzeti Bank)

  • Koppany Nagy

    (Magyar Nemzeti Bank)

Abstract

The article presents the size of the insurance sector and looks at recent developments and regulatory changes. It briefly describes the impacts of the 2020 coronavirus pandemic on the insurance sector, while also outlining further growth opportunities for the future, in line with a previous publication by the Magyar Nemzeti Bank (the Central Bank of Hungary, MNB). It also highlights the potential of insurance investments to finance public debt and the economy.

Suggested Citation

  • Andras G. Szabo & Koppany Nagy, 2021. "Situation and Financing Capacity of the Hungarian Insurance Market," Financial and Economic Review, Magyar Nemzeti Bank (Central Bank of Hungary), vol. 20(4), pages 170-179..
    • Handle: RePEc:mnb:finrev:v:20:y:2021:i:4:p:170-179.
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    File URL: https://en-hitelintezetiszemle.mnb.hu/letoltes/fer-20-4-fa3-szabo-nagy.pdf
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