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Penetration and Insurance Density Market in Romania Compared to other Countries in the European Union

Author

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  • Maria Mirabela FLOREA IANC

    (Constantin Brâncuşi University of Tg Jiu, Romania)

Abstract

Romania has one of the lowest values in the European Union insurance density. As in the case of insurance penetration, there has been downward for the period 2008-2014, not only for Romania, but for most member countries. In 2014 this indicator fell to 91.2 for Romania EUR / Living. Decreasing trend of the penetration of insurance in the Romanian economy continued in 2014, reaching a value of 1.21% of GDP. This unfavorable trend was common to many European countries, being equally the result of domestic economic environment and international situaţieifinanciare.

Suggested Citation

  • Maria Mirabela FLOREA IANC, 2016. "Penetration and Insurance Density Market in Romania Compared to other Countries in the European Union," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 2, pages 96-100.
    • Handle: RePEc:ddj:fseeai:y:2016:i:2:p:96-100
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