GLOBAL TRENDS IN THE ECONOMY AND THEIR IMPLICATIONS IN INSURANCE

Ludmil Neykov ()
Additional contact information
Ludmil Neykov: University of Library Studies and Information Technologies UNIBIT, Sofia

Economics and Management, 2017, vol. 13, issue 1, 55-66

Abstract: Active development of information and communication technologies of the early 21st century facilitate intensive development of relations and dependence between countries, for their integration and unification in major regional formations, as well as validation of large transnational companies, who hold significant stakes in global markets. The growing dynamics of information and communication technologies creates a favorable environment for the development of globalization, new challenges for insurance companies and to increase competition in the country and beyond. Amid so outlined short characteristics of globalized business environment, the purpose of this article can be defined as disclosure and study of the factors relationships and dependencies between the business environment and insurance, in order to increase the efficiency of activity of insurance companies and reduce or prevent risk situations for the insured objects. In writing this article used information from domestic and foreign literature, own observations and research of the author, legal documents, Web sites, etc. Expressed author's position is the result of a personal vision and perception of situations related to the risk insured objects and capabilities of insurance companies to reduce or prevent.

Keywords: Globalization; global trends; information and communication technologies; insurance company (search for similar items in EconPapers)
JEL-codes: F01 G22 (search for similar items in EconPapers)
Date: 2017
References: Add references at CitEc
Citations:

Downloads: (external link)
http://em.swu.bg/images/SpisanieIkonomikaupload/Sp ... 17/Ludmil_Neykov.pdf (application/pdf)
http://em.swu.bg/index.php?option=com_content&view ... d=28:2017&Itemid=116 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:neo:journl:v:13:y:2017:i:1:p:55-66

Access Statistics for this article

More articles in Economics and Management from Faculty of Economics, SOUTH-WEST UNIVERSITY "NEOFIT RILSKI", BLAGOEVGRAD Contact information at EDIRC.
Bibliographic data for series maintained by Vladislav Krastev ().