The Effects of International and Financiar Crisis on Insurances Company in Romania

Florea Ianc Maria Mirabela ()
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Florea Ianc Maria Mirabela: University “Constantin Brancusi”, Faculty of Economics and Business Administration, Tg-Jiu

Ovidius University Annals, Economic Sciences Series, 2012, vol. XII, issue 2, 401-404

Abstract: Economic and financial crisis has had many effects and created many distortions on the insurance market, although insurers were more witnesses to the crisis than participants whereas the nature of this business can not generate systemic risk they have suffered as a result of the fall in financial markets, reduce economic growth, reduce interest rates, credit quality, and as a result of direct and indirect exposure to financial institutions that had dramatic share price declines or went bankrupt.

Keywords: crisis; effects; insurance company; economic development (search for similar items in EconPapers)
JEL-codes: A1 A10 (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xii:y:2012:i:2:p:401-404

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