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LATEST TRENDS IN MOTOR INSURANCE IN ROMANIA
Abstract
Latest development of the insurance motor insurance in the central and eastern Europe denote a preoccupation of the insurance companies for the specific risks arising from underwritten policies. Based on a quantitative and qualitative analysis of the Romanian insurance market, the paper is presenting potential tendencies for the future development of the market, with severe implications on the risk management procedures of the insurance companies.
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References5
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Council of Bureaux, n.d. History of the CoB. [Online] Available at: http://www.cobx.org/content/default.asp?PageID=6 [Accessed 3 July 2014], pp.2-5, 2011.
Bulgarian Financial Supervision Commision, 2013 Report on the Insurance market, available on http://www.fsc.bg/Non-life-Insurance-en-471 [Accessed 3 July 2014].
Polish Financial Supervision Authority, 2013 Report on the Insurance market, available onhttp://www.knf.gov.pl/en/about_the_market/Insurance/Financial_and_statistical_data/Annual_data/annual.html[Accessed 3 July 2014]
Romanian Insurance Supervision Commission, Informative Bulletin of the Insurance Supervisory Commission, pp.15-26, 2013
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