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Economic Analysis Of Life Insurance Market In Republic Of Serbia

Author

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  • Nedeljko Prdiæ, Milan Mihajloviæ, Duško Jovanoviæ

    (JKP Market, Novi Sad; Modern Business School, Belgrade;The Academy of Business Economics, Cacak)

Abstract

The main goal of this is to evaluate the possibility of efficient expansion of the life insurance market in the Republic of Serbia, as well as the economical and social influence that the development of this market would have on Serbia’s economy. The growth of life insurance market would definitely contribute to a better and safer life, general prosperity of the country, expansion of the economy, and the social structure of the country as a whole. The perspectives of the life insurance market in Serbia are great, since the market is rich enough and incomes have risen, and a very small number of people are insured.

Suggested Citation

  • Nedeljko Prdiæ, Milan Mihajloviæ, Duško Jovanoviæ, 2014. "Economic Analysis Of Life Insurance Market In Republic Of Serbia," Ekonomika, Journal for Economic Theory and Practice and Social Issues 2014-02, „Ekonomika“ Society of Economists, Niš (Serbia).
    • Handle: RePEc:esb:casdrg:2014-215
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    More about this item

    Keywords

    life insurance; insurance; insurance companies; perspectives; development of life insurance.;
    All these keywords.

    JEL classification:

    • D40 - Microeconomics - - Market Structure, Pricing, and Design - - - General
    • D49 - Microeconomics - - Market Structure, Pricing, and Design - - - Other

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