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The Impact Of Financial Analysis On Romanian Insurance Market

Author

Listed:
  • Nicolae Georgescu

    (Bucharest Academy of Economic Studies)

  • Cosmin Serbanescu

    (Bucharest Academy of Economic Studies)

Abstract

The Romanian insurance market reached in 2009 a historical level, due to the first position regarding the relative evolution for the gross written premiums. This success revealed for the first time that the insurers' management was a key factor for the market development. This pro-active management lies in a correct interpretation for the main indicators, such as: claim ratio, technical reserves, financial result, rate or return. The present paper consists in an analytical approach for the correlation between a stable market and positive technical results.

Suggested Citation

  • Nicolae Georgescu & Cosmin Serbanescu, 2009. "The Impact Of Financial Analysis On Romanian Insurance Market," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 5(05(534)(s), pages 72-75, May.
  • Handle: RePEc:agr:journl:v:05(534)(supplement):y:2009:i:05(534)(supplement):p:72-75
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